Studying abroad is an exciting opportunity to gain a world-class education, develop new skills, and experience different cultures.
However, international students must carefully consider not only tuition fees but also the proof of funds requirements imposed by many countries as part of the student visa process.
Proof of funds ensures that students can support themselves and any accompanying family members without relying on work, covering tuition, living expenses, and travel costs.
While some countries have modest financial requirements, others are known for their high cost of living and rigorous financial thresholds, making them among the most expensive destinations for students.
In these countries, students are typically required to demonstrate access to $10,000 or more per year in addition to tuition fees before a visa can be issued. This financial requirement can significantly influence a student’s planning, from budgeting for accommodation and food to managing travel and healthcare costs.
The combination of high-quality education and strict financial thresholds often reflects the advanced infrastructure, global rankings, and lifestyle standards of these destinations.
In this guide, we highlight the top 10 study destinations with the highest proof-of-funds requirements, helping prospective students understand the financial commitment involved and plan effectively for a successful study-abroad experience.
- Proof of funds; $16,050Â
For 2026, international students applying for higher professional education (HBO) or university programs in the Netherlands must demonstrate sufficient funds to cover their living expenses.
The Dutch government has set the monthly living cost requirement at €1,130.77($1,337), which amounts to €13,569.24($16,050) for a 12-month period. This ensures that students can cover essential expenses such as accommodation, food, transport, and personal costs during their studies.
Proof of funds can be provided in several ways, including a bank statement in the student’s name, evidence of a scholarship, or confirmation from a sponsor who will cover the student’s living expenses. All funds must be accessible and verifiable to meet the requirements for a residence permit for study purposes.
