Financial Requirements for the Tier 4 Student Visa UK


The visa process for the United Kingdom is dependent on a set of regulatory procedure defined by the immigration laws of the country. The government of the UK is obligated to abide by these laws when assessing and making decisions on all immigration cases.

The visa process varies from category to category (such as UK Tier 1 investor, Tier 1 business visa, Tier one entrepreneur visa, Tier 5 worker visa etc.) and is thus different for the Tier 4 student visa. The points needed under the Points Based System also vary along with the requirements that go with it. This visa is granted to applicants both for temporary stay in the UK, and also possibly for permanent residency depending on the case. One of the requirements that are necessary to be fulfilled for this visa type are the financial requirements to assess whether the applicant is financially stable enough to provide for his/her accommodation, along with being able to pay the necessary academic fees or not.

These financial requirements, even within the Tier 4 visa vary depending on several factors, such as duration of the academic study, age of child etc.

Financial Requirements in relation to Tier 4 (Child) Student Visa

The points awarded for each visa category (such as British investor visa, Tier 1 general visa, visit visa etc.) vary depending on the requirement being fulfilled. 10 points are awarded under the points based system for fulfilling the financial requirements of this visa category. In this regard, the UK government considers a child to be less than the age of 18. Any person higher than this age would apply on the Tier 4 (General) Student category. For applicants of this category, the below listed requirements must be fulfilled to secure the mandatory 10 points:

  • The applicant must provide financial statements covering the previous 90 days of his/her parent(s) or legal guardian who is going to financially sponsor him/her;
  • The last financial statement being submitted must be of the last 31 days of the date the visa application is being submitted;
  • The financial statement being submitted under these circumstances must clearly state the name of the applicant, the account number, all relevant transactions carried out from the account along with their dates, all relevant details regarding the financial institution where the funds are being held;
  • The financial institution where the funds are being held must be under the regulative authority of the UK, and must be willing to comply with any requests being made by the UK government for verification checks;
  • The sponsor of the applicant under which he/she wishes to enter the UK as a Tier 4 migrant must come under the rank of a ‘Highly Trusted Sponsor’ by the UK government;
  • The applicant applying under this visa category must possess a valid passport to prove his/her identity and nationality along with complying with any requests to produce such documents by the UK Border Agency;
  • The applicant must submit relevant proof that he/she possesses the necessary funds (which includes all fee for accommodation) for an entire academic year, if the application for entry into the UK is being made to study at a residential independent school;
  • If the child’s accommodation is being provided for by a close relative, the relative must submit proof that he/she possesses at least £560/month extending to no more 9 months in this regard. Furthermore, the applicant (being the child) in this regard must still submit proof of possessing the necessary funds to pay the tuition fee for an entire academic year;
  • In the scenario where the child applying to study in the UK will be joined by his/her parent(s), and will be staying at a private residence, proof must be submitted regarding the possession of the necessary tuition fee required for an entire academic year. Furthermore, if under these the circumstances the applicant is the only child coming with his/her parent(s) to the UK, proof that finances amounting to £1535/month extending to no more 9 months are possessed must be submitted. In the scenario where there are other children with the applicant and the parent(s), an additional £615 for each other child must also be in possession;
  • In the scenario where the applicant (being the child) is either 16 or 17 years old and is living independent of his/her parent(s) or legal guardian in inner London, he/she must be in possession of funds that can be used to pay the tuition fee of the educational institution for the whole academic year and an additional £920/month extending to no more than 9 months;
  • If the applicant is in the same circumstances described in the above point but is joining the educational institution part way through a course, he/she must only show that the necessary funds to complete the rest of the course are in possession, along with a further £920/month extending to no more than 2 months;
  • In the scenario where the applicant (being the child) is either 16 or 17 years old and is living independent of his/her parent(s) or legal guardian in outer London (or any other area excluding inner London), he/she must be in possession of funds that can pay the tuition fee of the educational institution for the whole academic year and an additional £715/month extending to no more than 9 months. The same conditions apply if the applicant is joining part way through a course and the additional funds of £715 must only be possessed for an additional 2 months;
  • Any child entering the UK to study under the Tier 4 visa, and is suffering from a disability must be privately cared for by an adult on a full-time basis;
  • The following relations are considered to be recognized as being close relatives under the law:
  • Brother
  • Sister
  • Uncle (which includes both brother and sister of a parent);
  • Step-parent

Furthermore, the close relative must be older than 18 years of age to take care of the child;

  • In the scenario where a close relative will be responsible for taking care of the child, the nature of the accommodation must comply with UK law such as:
  • Written consent of the parent(s) being given in this regard; and
  • Written confirmation that the person taking care of the child is a close relative recognized by UK law; and
  • Written consent regarding the type of accommodation being provided for the child; and
  • Written consent regarding the travel arrangement being given to the child; and
  • Confirmation in writing that the person giving such consent is the legal parent of the child; and
  • Confirmation in writing that both the parent(s) holding legal responsibility over the child have given their consent in relation to the travel of the child to the UK for study purposes, along with agreeing to all of the content described above; and
  • Confirmation in writing that both the parent(s) agree to the child (only if he/she is 16 or 17 years old) living independently in the UK for study purposes. But, in the scenario where the child is less than 16 years of age, all necessary details regarding the person looking after the child must be provided;
  • The educational institutions located in either of the places listed below are considered to be in inner London:
  • Islington
  • Lewisham
  • Hammersmith
  • Camden
  • Westminister
  • City of London
  • Fulham
  • Lambeth
  • Hackney
  • Tower Hamlets
  • Haringey
  • Kensignton and Chelsea
  • Newham Southwark
  • Furthermore, in the scenario where the study arrangements of the child are of a nature where he/she will be staying in multiple places for academic reasons, the place of stay will be considered to be inner London if that is the place where the child will spend the majority of his/her time;
  • In the scenario where any academic month does not amount to a full month and only part of it, it will still be rounded up to be called a full month;
  • The parent(s) who is the account holder must provide written consent that the child has been allowed to use the money in the account and that the child has control over the funds present in the account;
  • In the scenario where the child is coming to the UK for study purposes as part of a scheme being sponsored for, the sponsor must provide written consent that the funds are in full control of the child;
  • The financial sponsor in the scenario describe above must either by the UK government, the government of where the child holds the nationality, or an international organization of considerable credibility that will be assessed by the UK government;
  • In the scenario where the place of stay of the child in the UK is being sponsored for, the amount the child is paying must not be greater £1020 to this sponsor;
  • In the above mentioned scenario where the child is paying accommodation fee to the sponsor, a receipt of the fee already paid must be submitted by the child;
  • A confirmation letter issued by the Confirmation of Acceptance for Studies Checking Service must be submitted in the visa application stating that the applicant (being the child) has an official financial sponsor, along with details of the financial sponsor;
  • The name of the sponsor and the applicant, the date the letter was written, contact information regarding the sponsor, the period for which the sponsorship will continue along with how much money the sponsor has stated to give for the child’s study and accommodation, must be covered in the sponsorship letter;
  • ‘Established presence’ of any person studying in the UK under these circumstances is recognized if he/she is currently staying in the UK under the Tier 4 visa and is in the middle of or has completed a course. Furthermore, the duration of the course must have been at least 6 months.

Financial Requirements in relation to Tier 4 (General) Student Visa

Just as in the above category of the Tier 4 visa, the Tier 4 (General) Student category also awards 10 points under the Points Based System for fulfilling the financial requirements. The requirements for this visa are listed as:

  • Financial statements must be provided by the applicant proving that he/she is in possession of all the necessary funds for study in the UK;
  • In the scenario where the applicant is studying in Inner London (which includes Islington, Lewisham, Hammersmith, Camden, Westminister, City of London, Fulham, Lambeth, Hackney, Tower Hamlets, Haringey, Kensignton and Chelsea or Newham Southwark), the necessary funds required to study for the next one year must be in possession of the applicant and necessary evidence in the form of financial records must be submitted to assert this claim. Furthermore, an additional amount of £1020 for each month of the course must be in possession but the number of months for which this is required will be no more than 9 months.
  • Similar to the circumstances described in the above scenario, but where the area where the student is residing in any place excluding inner London, the additional amount needed for the course months drops down to £820/month;
  • In the scenario where the applicant is taking part in a course part way through, only the finances required to carry out the rest of the course will be needed to be in the applicant’s possession;
  • The relevant details regarding the financial sponsor of the applicant such as name, contact details, amount of money being given, duration of sponsorship etc. must be given;
  • A letter must be issued by the sponsor which states that the tuition and living costs of the applicant, will be covered for study purposes in the UK;

It should be noted that the applicant possesses the right to appeal on any decision taken against his/her visa application in any of the visa category including UK Tier 1 investor, Tier 1 business visa, Tier one entrepreneur visa, Tier 5 worker visa etc. if it is felt to be taken against the immigration laws of UK.