Living and maintenance costs. If you are coming to the UK for nine months or more (all undergraduate and postgraduate students) you must show £7,380.
If you are coming for less than nine months, you will need to show that you have £820 per month for each month of your course.
If you are bringing any dependents to the UK you will also need to show you have £460 per month for each dependent that you bring with you (so a maximum of £4,140 will need to be shown per dependent).
For example, a student who brings his/her partner and one child will have to show they have held the following amount in their bank account for 28 consecutive days before submitting their Tier 4 applications:
(£820 x 9) + (£460 x 9) + (£460 x 9) = Total £15,660
If you are self-funding (providing the money yourself) the money must be held in either your account, a joint account (your name and someone else's), or your parents' account. You cannot use your friend or your relative's account. If you choose to use your parents' account you will need to provide your original birth certificate and an original signed and dated letter from your parent(s) confirming you are their child and that they consent to their money being used to fund your UK studies.
'Acceptable' bank accounts for verification purposes
If you are from Cameroon or Ghana, and plan to use money in an overseas account please check that your bank is not on the list of Institutions that the UK Visas and Immigration is unable to verify.
In all cases the money needs to have been in the account continuously for a minimum period of 28 consecutive days prior to making an application. If it has dropped below the amount you are required to show, even for one day, you will not satisfy the financial requirements for obtaining a Tier 4 visa and your application will be refused. The last transaction date (on your bank statement) of that 28-day period must be less than one month before the date of your application.
Please ensure that the bank statement you provide contains the following information:
- Your name (or that of your parents)
- The account number
- The date of the statement
- The financial institution's name and logo
- The amount of money available
- Transactions showing that the funds available to you have been in your account for a minimum of 28 days.