How Much Bank Balance Is Required for Spain Study Visa Application

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To apply for a Spain student visa, you'll need to demonstrate that you have sufficient funds to cover your living expenses in the country. The required bank balance varies depending on the type of student visa you're applying for.

For a non-EU student visa, the minimum required bank balance is €2,290, which is equivalent to the average monthly living costs in Spain. This amount covers basic expenses such as accommodation, food, and transportation.

As a student in Spain, you can expect to pay around €600-€800 per month for rent, depending on the location and type of accommodation. Food and other expenses will add to your overall costs, which is why the minimum bank balance requirement is set at €2,290.

Balance Requirement

To study in Spain, you'll need to demonstrate financial stability, and the minimum bank balance requirement varies depending on the course duration. For short-term courses less than 90 days, you'll need at least EUR 113 per day (INR 10,216) to avoid immigration hassles.

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The exact amount for long-term courses depends on the course duration. For bachelor's courses, it's EUR 600 per month (INR 54,500) for 36 months, which translates to EUR 21,600 (INR 19.5 lakhs). For master's courses, it's EUR 600 per month (INR 54,500) for 24 months, which is EUR 14,400 (INR 13 lakhs).

It's essential to maintain more than the required minimum balance for a Spain study visa as this ensures quicker visa processing. To give you a better idea, here's a breakdown of the minimum bank balance requirements for Spain study visas:

Preparing Financial Documents

To prepare financial documents for a Spain study visa, you'll need to show a minimum bank balance in your account. This balance can vary depending on the course duration, but generally, it's calculated as a multiple of the Spanish Public Multiple Effects Income Indicator (IPREM), which is around EUR 600 per month (INR 54,500) as of 2024.

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If you're planning to study in Spain for less than 90 days, you'll need to show EUR 113 per day (INR 10,216) in your account. For long-term courses, the required balance is EUR 600 per month, which translates to EUR 21,600 (INR 19.5 lakhs) for a 36-month bachelor's course and EUR 14,400 (INR 13 lakhs) for a 24-month master's course.

To demonstrate financial stability, you may need to provide bank statements for 3-6 months, showing the required funds in your account. If someone else is footing the bill, get a notarized sponsorship letter along with their bank statements and proof of relationship, such as a birth certificate.

Here's a summary of the minimum bank balance requirements for a Spain study visa:

Make sure to check the exact amount required for your specific course duration and submit original documents to support your application.

Study Requirements

To study in Spain, you'll need to meet some specific requirements. Most rejected applications are due to easily avoidable mistakes, so make sure you're honest about your intentions.

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You'll need proof of sufficient financial support to cover your expenses in Spain, which is a minimum of INR 6.5L. This is a crucial requirement, and having a valid bank balance will increase your chances of getting a Spain study visa.

The eligibility criteria for a Spain study visa includes having a Letter of Admission from a recognised educational institution in Spain, and being qualified to pursue higher education in Spain. For example, you should have a high school diploma or certificate for undergraduate courses.

Here's a quick summary of the Spain study visa requirements:

  • Proof of sufficient financial support (INR 6.5L minimum)
  • Letter of Admission from a recognised educational institution in Spain
  • Qualification to pursue higher education in Spain (e.g. high school diploma or certificate)

Study Visa Requirements

To study in Spain, you need to meet certain requirements, and one of the most important is having a valid student visa.

The rejection rate for a Spain study visa is around 3%, mainly due to not meeting the eligibility criteria, such as not having proof of sufficient financial support to cover expenses in Spain.

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You'll need to show proof of sufficient financial support, which is a minimum of INR 6.5 lakhs.

To get a student visa, you'll need to provide a Letter of Admission from a recognized educational institution in Spain.

As an Indian student, you'll need to apply for a student visa, which will allow you to stay and study in Spain for the duration of your visa.

Here's a summary of the required documents for a Spain student visa:

  • A fully filled-out, signed application
  • A valid passport
  • Copy of the passport's front page
  • Two passport-sized pictures
  • Acceptance letter from the organisation or programme in Spanish
  • Proof of accommodation
  • Proof that the necessary funds are being met
  • Bank account statement
  • Proof of financial aid or scholarship
  • A letter from parents/legal guardian (notarized)
  • Letter from school or university
  • A medical insurance policy for travel
  • Copy of educational history in India
  • Medical certificate-if required
  • Certificate of police clearance (at most three months old)
  • A scheduled appointment to submit the application to the relevant BLS service, embassy, or consulate
  • Application costs must be paid- Long-term study visa: Rs 5,367; Short-term visa fee: Rs 7,156+ BLS service charge Rs 1,382

The visa application fee and service charge are non-refundable.

Language Proficiency

Language proficiency is crucial for academic success. A minimum of 6 hours of language instruction per week is required for most programs.

Students typically take a placement test to assess their language skills. This test determines the level of language course they need to take.

Language proficiency requirements vary by program, but most require a minimum score of 80 on the language proficiency exam. This score indicates a good command of the language.

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Language instruction is usually offered in the form of a language course or a language proficiency exam. Some programs also offer language support services, such as tutoring or conversation practice.

Language proficiency requirements are typically assessed on an individual basis. This means that students may be required to take additional language courses or exams to meet the requirements of their program.

Tuition Fees

Tuition fees can be a significant expense for international students, with some programs costing up to $50,000 per year.

The cost of tuition varies greatly depending on the institution and program, with some universities charging as little as $5,000 per year.

For example, the University of Melbourne charges around $30,000 per year for undergraduate programs.

In contrast, some online courses may charge as little as $500 per year.

It's essential to research the tuition fees for your desired program and institution to get an accurate estimate.

Some scholarships and financial aid options are available to help offset the cost of tuition.

In the UK, for instance, students can apply for a tuition fee loan to help cover the cost of their program.

Living in Spain

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Living in Spain can be a great experience for students, and the cost of living is relatively affordable compared to other Western European countries. On average, student living expenses in Spain range from INR 70K to INR 1L.

The cost of living in Spain can vary depending on your city and lifestyle, but here's a breakdown of the average monthly costs:

These costs are relatively low, making Spain a great fit for budget-minded students.

Micheal Pagac

Senior Writer

Michael Pagac is a seasoned writer with a passion for storytelling and a keen eye for detail. With a background in research and journalism, he brings a unique perspective to his writing, tackling a wide range of topics with ease. Pagac's writing has been featured in various publications, covering topics such as travel and entertainment.

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