Education

Study Abroad Cost & Fund Calculator

विदेश अध्ययन खर्च तथा बैंक ब्यालेन्स क्याल्कुलेटर

Estimate total first-year tuition, statutory living costs (DHA/IRCC), visa fees and required bank solvency in foreign currency and NPR for Australia, USA, Canada, UK, and Japan.

Calculate the total estimated budget, statutory living cost benchmarks, visa fees, and required bank balance proof in foreign currency and NPR for studying in Australia, USA, Canada, UK, or Japan.

EducationFree · No sign-up
1st-year course fee as stated on your Offer Letter / I-20 / COE.
Editable to match your bank's current TT selling rate.
Total 1st-Year Proof of Funds / Bank Balance——
Upfront Cash Needed Before Departure
—
1st-Year Tuition Fee
—
Statutory Living Expenses (1 Year / 9 Months)
—
Visa Application & Immigration Charges
—
Compulsory Health Insurance (OSHC / IHS / Insurance)
—
Airfare & Pre-Departure Preparation
—

Free to use · Works in your browserQuestions & sources

About Study Abroad Cost & Fund Calculator

Calculating the total funds required for studying abroad is one of the most critical steps for Nepali students and their parents. Foreign immigration authorities—such as Australia's Department of Home Affairs (DHA), Immigration, Refugees and Citizenship Canada (IRCC), and US Consular Services—require verified proof of liquid funds covering first-year tuition, mandatory living expenses, travel, and health insurance before issuing a student visa.

Country-Specific Financial Requirements

  • Australia (Subclass 500): DHA mandates that primary student visa applicants demonstrate evidence of at least AUD $29,710 per year for living costs, plus 1-year tuition, return airfare (~AUD $2,000), and Overseas Student Health Cover (OSHC). The base student visa charge is AUD $2,500.
  • Canada (Study Permit): Under IRCC guidelines, single applicants must deposit CAD $20,635 into a Guaranteed Investment Certificate (GIC) to satisfy the cost-of-living requirement, alongside first-year tuition and CAD $835 travel costs. The study permit fee is CAD $150 plus CAD $85 biometrics.
  • USA (F-1 Student Visa): Financial solvency is assessed against the estimated 1-year total stated on Form I-20 (tuition, room & board, health insurance). Mandatory pre-visa fees include the USD $350 SEVIS I-901 fee and USD $185 MRV DS-160 visa fee.
  • United Kingdom: UK Visas and Immigration (UKVI) requires 9 months of maintenance funds (£1,136 per month outside London or £1,483 per month in London), plus the Immigration Health Surcharge (IHS) of £776 per year and the £490 visa application fee.
  • Japan: Immigration requires Certificate of Eligibility (COE) financial sponsorship proof of approximately 2,000,000 to 2,500,000 JPY to cover Japanese language school or university tuition and living support.

Upfront Cash vs. Bank Solvency

This calculator distinguishes between Bank Solvency (Proof of Funds)—which represents the total balance you must demonstrate in your bank statement or education loan—and Upfront Pre-Departure Cash, which is the immediate NPR needed out of pocket for your first semester deposit, visa fees, airfare, and medical examination.

Frequently asked questions

How much bank balance do I need to show for Australia student visa from Nepal?
For Australia, you generally need to show 1-year tuition fee (approx AUD $25,000–$35,000) + AUD $29,710 living cost + AUD $2,000 travel + AUD $750 OSHC. At current rates, this works out to roughly Rs 50 Lakh to Rs 65 Lakh in savings account balance or an approved Education Loan.
What is a GIC for Canada and how much is it in 2026?
A Guaranteed Investment Certificate (GIC) is a Canadian investment account where students deposit their 1-year living expenses. IRCC sets this requirement at CAD $20,635 (~Rs 20.6 Lakh). Once you arrive in Canada, the bank releases a portion upfront and the remainder in monthly instalments.
How much is the Australia student visa application fee in 2026?
The official base application charge for the Australian Student Visa (Subclass 500) is AUD $2,500 for the primary applicant.
Can I show an education loan against land/property in Nepal?
Yes. Major Nepali commercial banks (such as Nabil, Global IME, NIC Asia, Everest) provide Education Loan certificates against property collateral, which are widely accepted by Australian, US, Canadian, and UK visa officers.
Does this calculator include the Nepal Government education service tax?
When you transfer your tuition fee from a Nepali bank via SWIFT / TT, the bank will deduct a statutory 3% Education Service Fee (शिक्षा सेवा शुल्क). Use our dedicated Nepal Education Tax Calculator to compute that exact figure.

Sources & further reading

  1. Australian Department of Home Affairs (Subclass 500 Financial Capacity)immi.homeaffairs.gov.au
  2. Immigration, Refugees and Citizenship Canada (Study Permit Funds)canada.ca
  3. UK Visas and Immigration (Financial Evidence for Student Visa)gov.uk