How much money do I need to show? You need to demonstrate access to any tuition fees you have left to pay and maintenance funds. For example if your tuition fees are £15,000 and you have paid a £1,000 deposit (make sure this is shown on your CAS) you must show £14,000 in your account. You also need to show access to maintenance funds of £7,200. If you pay any fees (rent) for University Accommodation, you can only use a maximum of £1000 towards the maintenance; for example if you pay £1000 to Aston University accommodation (make sure this is shown on your CAS) you would then only need to show £6,200 in your bank account.
You must show a minimum of the combined balance of remaining tuition fees + maintenance funds. For example £14,000 + £7200 = £21,200. This money must be held every day for a consecutive 28 day period including the closing balance; bank statements should be dated no more than one month before your application. (If you pay any further fees to Aston University for tuition or accommodation once you have received your CAS you must contact us straight away so we can update your CAS.)
How do I demonstrate I have enough money? You can only use money held by you or your parents/legal guardian. You cannot use money held by any other friend or relative. Most students demonstrate this on bank statements; these statements must be dated no more than one month prior to the date of application. Official bank statements It is very important that the documents you use to show the maintenance meet the exact criteria. If your funds are not in British Pounds you must convert the final balance on the date of the statement using www.oanda.com/convert/classic. If you are applying from Cameroon, India, Ghana, Pakistan, Iran, the Philippines, Bangladesh or Sri Lanka, please click here for banks you can use to show available funds. If using a government loan or sponsorship please see Tier 4 application guidancee or contact us.
Some nationalities are considered to be "low risk" and may not need to send every document with their application. Evidence is always required but not always requested, so please contact us before you send your application if you think this applies to you.
Your personal bank or building society statements should cover a 28 day period ending no more than 1 month before the date of the student’s application and must show:
• the student’s or their parents(s)/legal guardians name; and
• the account number; and
• the date of the statement; and
• the financial institution’s name and logo; and
• the amount of money available.
We now have an example bank statement, which shows all of the requiremens. Please note this is an example and must not be used with any visa application.
If you are using other documents to show funds and for the full exact criteria of financial evidence please check a pages 31 to 35 of the Tier 4 application guidance. Please ensure your documents meet the criteria as listed in the Tier 4 application guidance before applying; if you have any worries please contact us for advice
What if I am using my parents bank statements? If you are using parental bank statements you must also include your birth certificate showing the names of your parents and a letter confirming their relationship to you (that they are your parents) and that they have given their consent for you to use their funds to study in the UK