Affidavit Of Financial Support For International Students Template for Australia

When you're sponsoring an international student to study in Australia, you'll need to complete an Affidavit of Financial Support that meets strict legal requirements. This document serves as your formal commitment to provide financial assistance and demonstrates to immigration authorities and educational institutions that adequate funds are available throughout the student's academic program.

When do you need this document?

You'll require this affidavit when applying for a Student Visa (Subclass 500) where the applicant cannot demonstrate sufficient personal funds. Educational institutions typically request this document during enrollment processes to satisfy their ESOS Act obligations. The Department of Home Affairs may also require it as supporting evidence for visa applications, particularly when assessing genuine temporary entrant requirements. If you're a parent, relative, or guardian providing financial support for an international student's Australian education, this document becomes essential for proving your commitment and capacity to fund their studies, living expenses, and other associated costs.

Key legal considerations

Your affidavit must include comprehensive financial disclosure, including bank statements, income verification, and asset declarations to demonstrate genuine capacity to support the student. You'll need to specify the exact nature and extent of financial support you're providing, including tuition fees, living expenses, accommodation costs, and emergency funds. The document requires witnessing by an authorized person such as a Justice of the Peace or notary public under the Statutory Declarations Act 1959. False declarations carry serious penalties including criminal charges, so accuracy is critical. You should also consider the ongoing nature of this commitment, as withdrawal of support could affect the student's visa status and ability to continue their studies.

Legal requirements in Australia

Under the Migration Act 1958, your affidavit must demonstrate sufficient funds to cover the student's course fees, living costs (currently approximately AUD $21,041 per year), and additional expenses for dependents if applicable. The document must comply with statutory declaration formatting requirements, including proper identification of the deponent, clear statements of fact, and appropriate witnessing procedures. Educational institutions operating under the ESOS Act must verify financial capacity as part of their student protection obligations. Your affidavit should reference specific bank accounts, investment portfolios, or other assets that will fund the student's education. The Privacy Act 1988 governs how institutions handle the sensitive financial information contained in your affidavit, ensuring appropriate data protection measures are in place.