Sponsors Financial Capacity Form (Parents)

Sponsor(s) Declaration

Please specify the total amount you, as the sponsor, commit to providing for the applicant's tuition fees, living expenses, and other related costs during their study period in Australia.

Sponsor's Financial Commitment: Total Amount Committed (in AUD) round up to the nearest amount:

I/We, the undersigned, commit to financially supporting the applicant's education, living expenses, and related costs during their studies in Australia. I/We acknowledge that this declaration is legally binding, the information provided is accurate and truthful, and I/We agree to provide supporting documentation if requested. I/We understand that providing false or misleading information may have legal consequences.

Main Applicant ( The Student)

Title

Miss.

Mr.

Mrs.

Ms.

Mx.

Other

Given Names

Middle Name (if Applicable)

Family Name

Country of Passport

Phone Number

Email

Are any family members or dependents accompanying the student?

Yes

No

Select the Student Level of Education

Statement of Assets and Savings

Declaration:

I/we declare the following assets and savings as part of my/our sponsorship for the applicants. This statement provides a truthful representation of my/our current financial status.

Bank Accounts:

Enter the Name(s) of your bank(s):

The combined Current Balance of all your Accounts: AUD [Amount]

Other Financial Institution Accounts:

Current Value: AUD [Amount]

Fund Name: [Fund Name]

Cash Kept in a (personal/other) safe

Total Amount of Cash in all currencies converted to Australian dollars.

Real Estate:

Property Locations: [Property Address(s)]

Type of Property: [Residential/Commercial/Other]

Estimated Market Value: AUD [Amount]

Investments:

Company/Entity: [Name, Address, Website, Contact Details]

Number of Shares/Bonds: [Number]

The combined Current Value: AUD [Amount]

Other Assets:

Vehicle(s): Make, Model and Year:

Personal Items of Significant Value (e.g., Art, Jewelry):

Estimated Value: AUD [Amount]

Sponsor(s) Details

Given Names

Family Name

Title

Date of Birth:

Passport Number or Other Photo ID number

Nationality of the Sponsor

Sponsor Email

Sponsor Phone Number

Sponsor Home Address:

Sponsor Relationship to the applicant

It is strongly recommended that the passport or other photo ID be valid for at least six months

Upload Passport Scan or Photo ID (Required)

Drag and drop files here or click to upload

Optional

Maximum Allowed Upload Size Is: 4MB

Financial Documents Required for Visa 500

Drag and drop files here or click to upload

Optional

Maximum Allowed Upload Size Is: 4MB

Why Are Financial Documents Required for Visa 500?

Why Are Financial Documents Required for Visa 500?

The Australian government mandates financial evidence to ensure that international students can cover their tuition fees, living expenses, and other associated costs while studying in the country. Providing this proof is essential to show that you are financially prepared and will not face difficulties during your stay.

What Financial Documents Are Needed?

When applying for the Visa 500, you may be required to upload the following types of financial documents:

Bank statements showing sufficient funds to cover tuition fees and living expenses.
Proof of scholarships or grants, if applicable.
Income tax returns or pay slips of your financial sponsor (e.g., parents or guardians).
Loan approval letters from recognized financial institutions for educational purposes.
Affidavit of financial support, if someone else is funding your education.

Tips for a Successful Submission

Ensure that all your documents are up-to-date and valid.
Translate any non-English documents into English and have them certified by an authorized translator.
Check the file size limits on the ImmiAccount portal and compress files if necessary without compromising quality.
Organize your documents beforehand to avoid last-minute confusion.

Good luck with your application, and we hope you have a successful and enriching journey in Australia!

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Sponsors Financial Capacity Form (Parents)

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