As you all know, it’s very important to apply for a UK study abroad visa, and the bank deposit certificate. Only enough guarantee funds can make the visa officer believe that the applicant has the ability to pay for study abroad. How much deposit should be prepared for applying for a UK study abroad visa?
Requirements for guaranteed funds
1. Provisions on guarantee amount
In principle, the amount of deposit must not be less than the total amount of school tuition and the estimated cost of living in the school location (the UK immigration office has published the latest standard of monthly cost of living in each region, which is 1000 pounds per month in London, up to 9 months; 800 pounds per month in non London, up to 9 months.
deposit is the standard).
A UK visa requires students to have enough money to pay for their tuition and living expenses in the first academic year. If the course is less than one year, it will be the tuition for all courses.
the amount of tuition is very clear to the school.
As for the cost of living, if more than half of the time is in London, the monthly cost of living is about 800 pounds. If more than half of the time is not in London, the monthly cost of living is about 600 pounds
No matter whether you go to the UK to study as a preparatory, undergraduate or graduate student, as long as you start your studies as a freshman, part of the tuition deposit you need to prepare will only cover the tuition fee of the first year (less than one year’s schooling, i.e. the total tuition fee).
If you are preparing to renew your T4 visa, the amount of tuition fees you need to prepare depends on the start of the renewal phase:
1) if the new visa starts from the middle of the school year, the tuition fees for the rest of the school year need to be prepared;
2) if the new visa starts from the new school year, you need to prepare the annual tuition fees for the new school year
So how to determine the amount of British study visa deposit certificate? When the visa center reviews the materials, the reference is CAS (confirmation of acceptance for Students, student admission certificate); however, since CAS documents must be issued within two months before the start of school, as long as students who are not language classes have not received them, the tuition amount needs to be queried on the school curriculum page (generally updated every year), or contact the admissions office for confirmation
In addition, many schools will require students to pay a certain amount of deposit in advance. As long as the deposit is successful, the amount will be deducted from the tuition fee and will not be included in the visa deposit
According to home office, the cost of living for UK students is calculated on a monthly basis, depending on the location of the course:
1) if the main teaching place (more than 50% of the class time) of the course is in London, the cost of living is £ 1265 per month;
2) if the main teaching place of the course (more than 50% of the class time) is any place outside London, the cost of living is calculated at £ 1015 per month.
If the total length of your course does not exceed 9 months, it will be calculated according to the actual number of months (if the course is less than the whole month, it will be calculated according to the whole month, for example, 5 months and 15 days, it will be calculated according to 6 months); if the course is more than 9 months, it only needs to provide 9 months’ living expenses deposit
Let’s take a simple example: if you come to the UK to study for bachelor’s degree, the tuition fee for the first year is £ 16000, the deposit you have paid to the university is £ 2000, and the school is located in London, then the total amount of deposits you need to prepare must exceed £ 16000 – £ 2000 + £ 1265 × 9 = £ 25385.
It should be noted that if your deposit is RMB, due to the change of exchange rate at any time, it is recommended not to deposit just the right amount according to the exchange rate at the time of deposit; to properly prepare more deposits can make visa application more secure!
2. Historical deposit period of funds
The British visa requires that the fund deposit period must be more than 28 days, and you should make sure that it is not frozen for 28 days.
British visa requires that the fund deposit period be more than 28 days, and the deposit certificate should be handled within one month after the visa is submitted.
the freezing time should preferably cover the date when you enter the UK
The deposit time is relatively long, which is helpful for signing.
at present, most of the students need to take part in the school’s pre-school language class, and they need a visa before going to the pre-school language class. After the language class, the problem of renewal is still related to the need for financial proof. Therefore, a long-term deposit period is beneficial It’s better to take 3 months for no language course and 6 months for language course
3. Source of funds
The UK visa center did not clearly indicate the need for funding sources, but it still suggested that students and parents provide it to prove that the money was earned by their own legal means, not borrowed.
bank statement, parents’ income work certificate and tax payment certificate are all favorable evidence.
the best deposit for studying in the UK should be in the name of visa applicants.
If there are students in the name of their parents or legal guardians, they need to show proof of their relationship with their parents or legal guardians and proof that they allow you to use the funds
How to save it?
In principle, the account holder of the issuer of the certificate of deposit can be either the student himself, his parents or his legal guardian However, according to the personal experience of the small partners around quange, if the parents / guardians agree, try to keep the deposit in their own name as much as possible, because there is no need to provide additional documents to prove the relationship between the two parties and agree to use the property in addition to the deposit certificate
If the deposit certificate account holder is a parent or legal guardian, two additional documents are required in addition to the deposit certificate:
1) documents proving kinship;
2) prove that parents or legal guardians agree to use the property in the deposit certificate
The requirements for the proof of kinship are very strict. In addition to providing the identity card (ID card or account page) and translation of the account holder, it is also required to provide the birth certificate (including the name of the parents) and translation of the student Documents agreeing to use the property need to contain the relevant account information, account holder information, clear statement of unified use of the property and the signature of the holder (all contents except the signature must be in English or Chinese and English).
Evidence of money
The types of property that can be used include:
1) bank cash deposits, including current and term deposits;
2) loan certificate: the lender can be any organization in the national or local government, student loan company recognized by the government and academic education loan plan;
3) financial support provided by legal institutions or governments, such as scholarships, bursaries, etc
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