Proof of Funds for UK Student Visa
The number of Nigerians studying in the UK rises yearly and currently sits at over 44,000. These students all need to get a UK Student visa to gain the right to access the UK university system. However, they must first show financial evidence that they can support themselves while they are in the UK.
You might require assistance when you need to show that you have enough money to support yourself. Our expert lawyers and immigration advisors at the Immigration Advice Service can help you with any application stage. Call our Lagos office at +23413438882 , our UK team at +44 (0) 3316300929 or chat with us online, to find out how we can help.
Want to Study in the UK?
We have successfully helped numerous Nigerian students in securing their UK student visas. If you need guidance on eligibility requirements and proof of funds, reach out to us for expert support. Our team of lawyers is here to address any questions you may have regarding your visa application.
Contact Us
Nigerian Emigration
For Nigerian emigration matters, please call +44 (0) 3316300929 or +23413438882
Other Immigration and Emigration Matters
For immigration/emigration to/from other countries, please call:
US – +1 844 290 6312
Ireland – (+353) 061 518 025
UK – (+44) 333 4149244
"I had spoken with several people with this company, and I am extremely satisfied with how kind and patient they are. I doubt I would choose anyone else to help me through my immigration to the UK.
"
Jazzmin
Posted 2 years ago
"I booked an advice appointment and my experience with Niamh Fegan was fantastic. After discussing the circumstances for my partner and me we worked through the visa requirements and I was provided with clear guidance on how to confidently apply for my partner's migration."
Oliver
Posted 2 years ago
"I am happy with the service from IAS. The process of booking for consultation is fast and easy. The consultant is very professional and Especially with Dina Modi she’s so helpful and explains everything you need."
Wael
Posted 2 years ago
Overview of Proof of Funds for UK Student Visa
When you come to study in the UK, you must pay your course fees, specified on your Confirmation of Acceptance for Studies (CAS). If your course is in London, you must also achieve the financial requirement of £1,334 per month for up to 9 months. Studying in the UK outside of London is slightly cheaper, with the required amount of money your visa application needs being £1,023 a month for nine months.
You need to have this money for at least a consecutive 28 days within the 31 day period before you apply for your visa.
Read this article to learn more about how to prove you have this money in your visa application and the cases where these requirements are different or do not apply.
Proving your Funds for a UK Student Visa Application
There are several different ways that you can prove you have enough money to support yourself. The key financial evidence you can supply includes the following:
- Recent bank statements display your name, account number, bank logo, and transactions. The amount of money in your account must be high enough to meet the financial requirements
- A consent letter from a parent or guardian stating that they will support you during your studies and their bank statements to prove they have enough money
- Documentation relating to official scholarships
- Loan letters specifying the loan amount, terms, and duration.
Ensure you prepare relevant documents from this selection to prove you can support yourself for a UK student visa.
Cases when the Usual Financial Requirements Don't Apply
The standard financial requirements do not apply in certain cases. Some circumstances for a student from Nigeria will make the requirement lower or higher, and these are explained in the section below.
Circumstances Increasing the Required Amount of Money
The main reason that you might require more than the standard amount is if you are bringing dependents with you when you study in the UK. A dependent is a partner or child who is not independent. Therefore, it is your responsibility to support them financially while they are in the UK.
For each dependent you bring, you will need to have £845 a month if your course is in London. Meanwhile, if it is outside of London, you will require £680 a month.
This requirement does not apply if your dependent has been living in the UK on a valid visa for 12 months or longer. UK Visas and Immigration (UKVI) will need to see evidence of this status as part of your application.
Circumstances Eliminating the Financial Requirements
There are further cases that will mean that you don’t need to show that you have enough money to pay for your upkeep each month. These include the following:
- You have had a valid UK visa for at least the past 12 months and are currently in the UK
- You are a student union sabbatical officer. These positions are usually paid
- You are applying for a visa as a postgraduate doctor or dentist funded by a recognised foundation program
- Your country is listed under “differential evidence requirement.” However, this does not apply to Nigerian citizens
If these circumstances apply to you, you must prove them in your visa application.
How Can IAS Help?
IAS has helped many Nigerian applicants to get a UK student visa. Proving that you meet the financial requirements can be a challenging part of the application, and our expert lawyers can help you to compile all the necessary documentation for your visa application. Once you have successfully submitted your visa application, we keep in touch with the Home Office to help you understand the ongoing progress of your application.
If you want to enlist our help, please call our Lagos office at +23413438882 or our UK team at +44 (0) 3316300929 to learn more. Alternatively, get in touch today via the online chat option.
Last modified on October 25th, 2023 at 10:05 am
Advice Package
Need help with an immigration issue? Book a one-to-one advice session with one of our legal caseworkers.
Application Package
We can complete your visa application on your behalf, taking the stress and hassle out of the process.
Fast Track Package
Need to submit an application quickly? We can help you complete and send it off in as little as 24 hours.
Appeal Package
Ensure you have the greatest chance of a successful appeal with our legal support and guidance.
The Advice Package
With our Advice Package, you can book a one-to-one session with one of our legal team and receive bespoke advice tailored for your situation. We will review your case and give you expert advice on how best to proceed with your immigration matter. Reach out to a member of our team and book your session today.
The Application Package
Our Application Package is designed to help relieve the stress of immigration applications. One of our legal caseworkers will help you throughout the entire process, including establishing your eligibility for your chosen route, completing your application form to the highest standards and organising your documents. We will then submit it and monitor its status on your behalf.
The Fast Track Package
Our premium Fast Track Package is ideal if you need to submit an application quickly, such as if you need to meet a tight deadline. Our lawyers will work closely with you to see that your application is completed to the highest standards and ensure you get your application in on time, helping to take the stress and pressure off you.
The Appeal Package
Visa appeals can be a stressful process, especially if you’re relying on a specific visa to be approved. Our legal team can help you navigate the whole process and maximise your chances of a successful appeal, working alongside you to reach a favourable result. We can also represent you in immigration-related hearings and tribunals.
Related pages for your continued reading.
Frequently Asked Questions
On top of proving you can afford to study in the UK, you must also pay for your application.
If you are applying outside the UK, you must pay £363. Meanwhile, extending your Student visa or switching from another visa will cost £490.
The standard processing time for a UK Student visa application is three weeks. This processing time starts after your documents are submitted, and you attend an appointment at your local visa centre and ends when you have received an answer.
If you prove that you can support yourself properly, your application should be processed quickly.