Show Money help

clarisseam · January 2017

Do all universities require show money upon application? If the university I'm applying to does not require show money will the Australian embassy require me to present show money?

ssantokki · January 2017

not all universities require show money but take note that universities that doesn't require you to have show money are the ones with very high tuition.

agentKams · January 2017

Not all universities require proof of funds upon application, kadalasan nanghihingi iyong may low tuition fee. Isa sa requirements ng Australian embassy ang proof of fund, you can risk not giving one but that will be against your application.

clarisseam · January 2017

@ssantokki Hello! thank you very much for your reply. If the university does not require proof of funds, will the Aus require me to present when I apply for visa?

clarisseam · January 2017

@agentKams Hello! thank you very much for your reply. If the university does not require proof of funds, will the Aus require me to present when I apply for visa?

agentKams · January 2017

@clarisseam both of my cases (masters program), yes they will still require you. especially if you will be taking VET courses.

clarisseam · January 2017

@agentKams thanks so much for your help po!

kc1983 · February 2017

Hi tanong ko lng mga mag kano kaya ang dapat ideclare na proof of funds kasi po isa sa requirements ng school and para sa visa din, magkano po kaya dapat ideclare for 4 person? Kami ng wife ko tapos 2 kids. Salamat

SweetCherry · February 2017

Kailangan niyo po ba ng show money? May alam ako, natulungan na po kami.

SweetCherry · February 2017

@kc1983 Ang alam ko po more than 2M.

Michael L. · February 2017

Hi guys is it possible na time deposit account ang maging show money ko which is nakapangalan sa akin at sa lola ko and then pano ung 3 month bank statement? Im planning to lodge my papers this coming march

aranayad · February 2017

Alam ko kasi hindi pwede kapag time deposit since yung criteria na easy access to your funds hindi mo maproprove.

keisi1987 · February 2017

@SweetCherry Hi. Ilang percent per month? Kasi yung offer skn 3.5% per month.

SweetCherry · February 2017

@keisi1987 3.5% din ang sa akin noon. Pero mabilis ang processing nila and legit sila. Pero pag more than 1M pwede ipakiusap na babaan yung interest.

kimberly · February 2017

@SweetCherry Hi Mam! I read na may alam po kayo na nagprovide ng help for show money. bank po ba ito? or any financial institution?

Michael L. · February 2017

@aranayad salamat po ano po kaya options ko sa ganito? kahit humingi ako ng afidavit of financial support?

DCWerick · February 2017

Guys, i heard nowadays alam na nila about "borrowing" show money. So as much as possible, so maganda if aside from that show them other properties, active/passive income.

3 kami (me/wiffey and our son) needed namin was 2.7M then ginawa namin instead of putting it in our "savings". We made our parents as sponsors (affidavit of support) their passbook was 15yrs old even if around 400k lang laman. Aside from the money, we have also shown properties. So even if di umabot to 2.7M ang pera but showed that meron properties and meron active/passive income. We didn't have any problems.

tapos na wiffey ko for her 2 years (3 years but 1 year was taken off due to being a RN in the philippines).

Nasa Darwin kami, out of the 4 semesters only 1 semester ang nabayaran namin with our own salary here. Kaya utang ko sa pamilya ko was 16k++ (1st sem with 3k health cover), 10.5k 2nd sem, 11.5k 3rd sem. So yan ang babayaran namin pag maka full time na ako.

next step for us do our graduate visa and bring our son over.

Good luck guys

gdaymae · February 2017

@DCWerick So sir, 400k lang ang pinakita niyong show money + the properties? And you got approved? Thank u in advance for your answer po.

gdaymae · February 2017

@SweetCherry Hello po, what's the name po of the bank/financial institution na nakatulong sa inyo? Thank you po.

DCWerick · February 2017

gdaymae said:
@DCWerick So sir, 400k lang ang pinakita niyong show money + the properties? And you got approved? Thank u in advance for your answer po.

yes.

i think thats why we got approved due to all the accompanying documents not just the "money" in the bank.

We (our sponsors) showed them that they can support us when we stayed here.
We have overwhelming documents that has history that is difficult to fabricate and can be verified IF ever they will try to call the bank/government institution.

she is already done her studies and ready na kami sa next step getting the 485 visa.

Hirap talaga maging student (I didn't pressure her to do work if don't want to, she only started to work on the long school break and that even di nya nakaka full time due din sa work nya na di sya binibigyan ng full roster) So our sponsors have to pay for 3 semesters. Yung sweldo ko enough lang din for weekly rent, food, fuel. So sa 2years namin yung naiipon namin enough lang for the 4th and final semester.

So good luck on your start.

P.S. If you do use "show money" don't call it that para di kayo mamali when you are asked.

aranayad · February 2017

@DCWerick hi can i know what visa subclass you and your wife are under when you applied for your SV. Thanks

nickieneckieRN · February 2017

@DCWerick hello

I am just curious the sponsors that you are referring to are your parents? Are they in AU also or they are here in the Philippines? With our case kasi we are planning to raise funds in our bank account properties here like house with apartment, car are all under my mother in law's name. My husband's relatives (Aunts and cousins) are in Sydney and has a known business there. Can we list them as our sponsors? Planning to take the SV path with 2 years (RN) course. Will be going to Oz with husband and toddler. Thanks!

DCWerick · March 2017

aranayad said:
@DCWerick hi can i know what visa subclass you and your wife are under when you applied for your SV. Thanks

sorry di ko alam what this mean.
Student visa (subclass 500) (i think)
BS in Nursing (3yrs but we got it to 2 years)

nickieneckieRN said:
@DCWerick hello I am just curious the sponsors that you are referring to are your parents? Are they in AU also or they are here in the Philippines? With our case kasi we are planning to raise funds in our bank account properties here like house with apartment, car are all under my mother in law's name. My husband's relatives (Aunts and cousins) are in Sydney and has a known business there. Can we list them as our sponsors? Planning to take the SV path with 2 years (RN) course. Will be going to Oz with husband and toddler. Thanks!

Wala ako family here in australia, yes my parents are in the philippines.

Yes ask both of them to be your sponsors much better kasi if you have more sponsors. Mas malaki na madali lang kayo ma approve agad kasi nandito yung hubby's relative. This will also shows that both side of the family will support you for your endeavor here.

yep pagawa lang ng letter of affidavit of support and mga financial documents (properties, passive/active income)

With a toddler mas mahirap (kasi di makapag work and you have to make sure meron magbabantay sa anak nyo) yun reason bakit iniwan muna namin anak namin (He will graduate next month grade 6) But if you have enough funds then mas maganda pa din buoo kayo pag pumunta dito.

Good luck!

aranayad · March 2017

@DCWerick hi po if you applied before july 1,2016 hindi po kayo under SV subclass 500. kasi feeling ko po is under kayo dun sa lumang subclass 572, 573 svp etc kasi allowed po na affidavit of support lng ang isubmit at mas mababa ang required funds aka show money unlike sa subclass 500 pero good to know po na tapos na si wife ang appling na for graduate visa.

DCWerick · March 2017

aranayad said:
@DCWerick hi po if you applied before july 1,2016 hindi po kayo under SV subclass 500. kasi feeling ko po is under kayo dun sa lumang subclass 572, 573 svp etc kasi allowed po na affidavit of support lng ang isubmit at mas mababa ang required funds aka show money unlike sa subclass 500 pero good to know po na tapos na si wife ang appling na for graduate visa.

Notification of the grant of a STUENT (Class TU) Higher education sector (Subclass 573) visa.

29 Octover 2014

eto pala found the document.

Yep, we submitted today the 485 application (not sure how long it will take to get granted.

will update my sig.