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If an international student is not eligible for streamlined visa processing, the passport they hold and the education sector of their principal course will determine the assessment level of the visa application.
The direct implication of the March 22 changes would be that the international students from countries like India, Nepal, China, Bangladesh and Pakistan would have to show lesser amount of money in order to gain entry to Australia. These students would now be required to provide evidence of funds for 12 months' study in Australia instead of 18 months.
This would mean students from subcontinent would be able to apply for a student visa with just
one way flight ticket + two semesters of education provider fees for a year + $18610 (12 months living cost).
in case of spouse or dependent children one needs to show funds that cover their living costs as well. $6,515 a year to support spouse, children aged 5-18 $8000 per year and $2,790 per year for every other child as well as fees for children's education.
The Assessment Level (AL) of the student determines how much funds need to be shown, who can provide these funds and how long these funds must be held. In order for the funds to be admissible they need to be held by an acceptable individual one who qualifies as someone whose income can provide for the visa applicant's education and living expenses.
An acceptable individual; can be one or more of the following:
(a) the applicant;
(b) the applicant's spouse or de-facto partner;
(c) a parent of the applicant;
(d) a grandparent of the applicant;
(e) a brother or sister of the applicant;
(f) an uncle or aunt of the applicant who is:
(i) an Australian citizen, an Australian permanent resident or an eligible New Zealand citizen; and
(ii) usually resident in Australia.
SOurce: Immigration News 2014