As part of the student dependant visa application dependants must have enough funds to cover living costs in the UK.
How much maintenance must my dependants show?
Your dependants are required to show £845 for each month of the visa duration, up to a maximum of nine months. This is a total of £7,605 per dependant if the visa will be granted for 9 months or more (9 x £845).
Living in the UK for longer than 12 months
If your dependants have lived in the UK with a visa for 12 months or more by the date they submit the visa application, and they submit the visa application inside the UK, they will meet the funds requirements and not need to submit evidence of funds with the visa application. They should still prepare the funds in case they are required to submit as part of a random selection.
If you and your dependant(s) are applying at the same time and are both nationals of one of the below countries, you will qualify for the differentiation arrangements for 'low-risk applicants'.
Australia, Bahrain, Barbados, Botswana, Brazil, Brunei, Cambodia, Canada, Chile, China, The Dominican Republic, Hong Kong, Indonesia, Japan, Kazakhstan, Kuwait, Macau SAR, Malaysia, Mauritius, Mexico, New Zealand, Oman, Peru, Qatar, Serbia, Singapore, South Korea, Taiwan, Thailand, Tunisia, United Arab Emirates, United States of America, British National Overseas, plus EU, EEA, and Swiss nationals.
Please see paragraph 22 of Appendix ST of the Immigration Rules for the most up to date list.
This means you and your dependants will not need to submit financial evidence with your visa application if you are applying at the same time. However, it is important to still prepare them in case requested during the visa application decision making process.
Evidence of funds/ bank accounts
Your dependants can show they have the required funds in a variety of formats. For example, your dependants could submit a bank statement, bank letter, passbook or fixed deposit certificate.
The funds can be held in either your name, your dependant’s name or in the case of dependant children their other parent's name.
The financial documentation must show that the required level of funds have been held for a minimum consecutive 28 day period. This means that the funds must not have dropped below the amount that your dependants need to show at any time during the 28 day period. This amount your dependants need to show should remain in the account until the visa has been issued to them. In addition, the financial document must not be more than 31 days old on the date the visa application is submitted.
If you are in receipt of official financial sponsorship from either a government or international company which covers the living costs of any dependants, a letter from the sponsor confirming this can be submitted to meet the financial requirements. The letter would need to confirm the amount they are providing to cover the living costs for any dependants. If it does not cover the full amount required, additional financial documentation would need to be provided to cover the shortfall.
More information can be found on the UK Government website and in the Financial Requirement Caseworker Guidance.