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Question

Hi am navdeep sharma , i have done graduation in commerce last year and now...

Hi am navdeep sharma , i have done graduation in commerce last year and now am looking to go to australia for master in IT in melbourne , i have also done ielts with 6 bands . What are the all possible ways to show funds , besides bank loan option? plz reply soon/
Asked by N. Sharma, about 3 years ago under Australia

Answer

Hello Navdeep,



One must provide evidence of cash assets for the first year tuition fee (as on the letter of offer) and living expenses (assumed at A $12000 p.a.) and access to additional funds (from acceptable sources) to meet the cost of the remainder of study and stay in Australia. The Financial documents (originals and photocopies) may include evidence of liquid funds, evidence of income, affidavit of support by the sponsors, student affidavit, if the student is self sponsoring for his studies in Australia.



Detailed information the financial documents is stated below :



• Official declaration from parents, sponsor stating the nature of their relationship and confirming their will to support you financially during the studies in Australia.

• Chartered Accountant Statements of the financial sponsor and parent

• In the case of company sponsorship, balance sheet and bond signed with the company

• Evidence of income sourced from agriculture such as evidence of ownership and valuation of land, income statement from the regional authority (eg Patwari or Mandel office) and receipt of sales, and J forms

• Evidence of rental income such as evidence of ownership of property and lease deeds



I hope this helps!



Take care!
Deepti_counsellor Response by T. Jain
StudyPlaces Counsellor
about 3 years ago

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