Yes, loans from recognised banks or financial institutions are acceptable financial evidence or proof of funds. The loan must be in the name of the applicant or other individual providing financial support to the student such as the spouse or de facto partner of the applicant or the applicant’s parents. The applicant must have genuine access to these funds and it should be available to be used for the purpose of financially supporting the applicant, as well as family members if any, while in Australia.
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Can I use a loan as financial evidence for an Australian student visa?
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Can I use a loan as financial evidence for an Australian student visa?
Published: Jun 7, 2026
Short answer
Yes, education loans from recognised banks or financial institutions can be used as financial evidence. Applicants must show they have genuine access to the loan funds for study and living expenses in Australia.
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