How Many Years ITR Required For Australia Student Visa?

Generally, 2 to 3 years of ITR document submission is recommended for the smooth Australian visa process. Securing an Australian student visa requires applicants to submit key financial documents such as ITRs. Now the crucial question is ‘How Many Years (Income Tax Return) ITR is required for Australia student visa”. We have mentioned detailed information on Income Tax Returns (ITR) requirements according to Australian Student Visa new rules 2025. Prospective Indian students must give this article a read to understand the Australian student visa requirements 2025 including bank balance, financial documents, ITR documents, and more. They will get insights on how to prepare ITR documents beforehand and secure an Australian student visa easily.

This Story also Contains

1. Is ITR Mandatory for Student Visa in Australia?
2. How any years ITR required for Australia student visa for Indian students
3. How much bank balance is required for Australia student visa?
4. Acceptable Proof of Funds for Australian Student Visa 2025
5. ITR Requirements Amid Australian Student Visa New Rules in 2025
6. Conclusion: How Much ITR Required for Australia Study Visa?

Is ITR Mandatory for Student Visa in Australia?

Income Tax Returns (ITRs) are one of the ways to demonstrate financial capacity to Australian government. However, Australian immigration has not imposed any mandatory requirements to submit ITR for student visa applications. ITRs are one of the most credible record documents to state the true financial status of the applicants by disclosing income and tax compliance.

Generally, the students are sponsored to study in Australia by their guardians or parents. So, it is highly recommended for Indian students to submit their parent’s ITRs for the past 2-3 years ideally. This shows that students genuinely have the financial capacity to cover tuition fees, living expenses, and other costs during their intended course of study in Australia.

How any years ITR required for Australia student visa for Indian students

The Australian study visa financial requirement for an Income Tax Return (ITR) may differ depending on the applicant’s profile and circumstances. It is not mandatory for students to submit ITRs; however, this document is a credible source of income. For Indian students seeking an Australian student visa (subclass 500), students must submit at least 2 to 3 years of ITRs along with other key documents.

How much bank balance is required for Australia student visa?

As per the new Australian student visa rules 2025, the minimum financial requirement for international students is AUD 29,710 for all applicants applying after 10 May 2024. This minimum Australian proof of funds requirement is increased from AUD 24,505. With the rising cost of living and studying in Austrlai, a higher bank balance of at least AUD 29,710 demonstrate that students can support themselves financially for the first-course year.

Acceptable Proof of Funds for Australian Student Visa 2025

Some of the acceptable modes of proving financial stability to Australian immigration authorities include the following:

• Bank Statements: Students can present at least 3 to 6 months of bank statements for parent/guardian accounts.

• Term Deposits: This document must demonstrate enough funds to cover at least 12 months of stay in Australia.

• Fixed Deposit: The certificate must be attached with a clear amount stated on it.

• Tax Assessments: Students can demonstrate financial ability for an Australian study permit through 12 month long tax assessment.

• ITR: Students might be wondering how many years ITR required for Australia student visa 2025. It is ideally around 2-3 years of an Income Tax Return as a financial document.

• Scholarship Letters: Students who obtain scholarships covering the tuition fees and other expenses can submit their scholarship letter along with the visa application

ITR Requirements Amid Australian Student Visa New Rules in 2025

With the recent policy changes and new immigration policies in Australia, a strong ITR financial record is advisory to international students. Are there any changes regarding how many years ITR required for Australia student visa for Indian students? The evaluation of financial documents such as ITRs are tightened and stricter for international students imposing them to provide a strong basis of finances for higher chances of student visa approval in Australia. They must have at least 2-3 years of high-income tax documents for a good financial picture.

A few of the key changes in Australian student visa rules include the following:

• Mandatory Confirmation of Enrolment (CoE) requirements are replaced by s letter of offer effective from January 2025 for international students.

• Higher English proficiency requirements to get into Australian universities.

• Higher proof of funds for international students in Australia

• More scrutiny and stricter visa application process

Conclusion: How Much ITR Required for Australia Study Visa?

To increase the chances of getting an Australian student visa 2025, an ITR of at least the past 2 to 3 years can definitely prove the applicant’s financial capacity. It's strongly recommended to showcase income tax returns with at least a minimum bank balance of AUD 29,710 according to the new Australian student visa rules 2025.