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Considering studying abroad in 2024? Here’s what you need to know about the required proof of funds.

• By GLS
• 26/01/2026
• 0 comments

According to a recent article from ICEF, some major study abroad destinations have increased the amount of funds that are required for prospective international students. Some ask for $15,000 or more, while some ask for less than $5,000 - below is the list comparing the current minimum requirements for proof of funds for various destinations across the globe: Australia: AUS$24,505 (US$15,690) Canada: CDN$20,635 (US$14,930) China: USD$2,500 per year of study Czech Republic: 3,130 CZK (US$133) per month, so assuming a stay of one year, US$1,600 Finland: £590 per month (US$630), ..