One of the mandatory requirements for a Polish student visa is having sufficient money to live and study in Poland. The minimum bank balance requirement for a Poland student visa is 13000 USD. Which should cover your one year living and education expenses in Poland.
However, calculating the financial requirements for a Polish study visa is tricky as it requires having proper knowledge of the tuition fees and living standards. In this blog, we will discuss the minimum proof of funds for a student visa in Poland and how to calculate the funds and when it’s required to submit a bank statement of the funds. So, if you want to apply for a Polish student permit, this article will help you a lot.
Check Your Eligibility!
What is the Financial Requirement?
A “financial requirement” or “minimum bank balance requirement” refers to the need for an applicant to explain that they have sufficient funds to support themselves and their dependents, often used for visas or residency applications.
The financial requirement ensures that international students applying for certain visas or residency permits have enough money to cover their living expenses and course fees (if applicable) without becoming a burden on the host country’s social welfare system.
What is the Minimum Bank Balance Requirement for a Poland Student Visa?
The fixed bank balance requirement for a Poland student visa is 13,000 USD. However, the actual requirement varies depending on tuition fees, accommodation costs, and the student’s study duration. Polish authorities assess financial proof for study visas on a case-by-case basis.
How to Calculate the Financial Statement for a Student Visa in Poland?
To calculate the financial statement for a student visa in Poland, you must sum up your university fees and living expenses in Poland for at least a year. The elements of calculating a proof of funds are:
University Tuition Fees
Polish education is not free. So, you have to arrange one year’s tuition fees before applying for a student permit in Poland.
Living Expenses
The living expenses in Poland are PLN 1010 per month. However, you can reduce the cost by sharing flat with your friends or by living in university accommodation.
Return Travel
As an international student, you have to show your intention to return home after completing your education. You have to show that you have enough money in your account to purchase a return ticket after the completion of your education in Poland.
Dependant Expenses
If you want to bring your dependents, you have to show their living expenses as your bank balance, too. You’ll need to demonstrate additional funds, approximately PLN 528 per month per dependent.
How Can You Show Your Proof of Funds for a Polish Student Visa?
Now you are aware of how much bank balance is required for Poland visa. However, it is important to know that just by having these funds is not enough. You need to prove the same. You can prove you have enough money by taking either of the following steps-
| Category | Proof of Financial means |
| If you are employed | Last 3 months’ salary slips & bank statements, and personal ITR for the last 2 assessment years) |
| If you are a self-employed person | Proof of financial means |
| If you are a retired Individual | Last 3 months’ personal pension statement, proof of regular income generated by the ownership of business or property |
| If you are an unemployed person or a student | Your legal guardians must present proof of their bank statements for the last 3 years. Personal ITR for the last 2 assessment years along with the confirmation of financial assistance and a copy of their passports must be submitted |
Poland Student Visa Checklist for International Students
Prepare all the necessary documents listed below before you submit the application, otherwise, the application might be refused by the Republic of Poland. The required documents should be submitted in Polish or English version. While the visa application is being processed, the applicant’s passport remains at the Consulate General of the Republic of Poland.
- Passport
- Visa Application
- A Color Photography
- Applicant’s Covering Letter
- Proof of Bank Statement
- Travel Medical Insurance
- Accommodation Documents, etc.
Final Words
Poland is one of the three most safe countries. On the Global Peace Index, it is ranked 9th. The country has a low crime rate compared to other European countries. As of now, only minor crimes occur in the country.
However, the student visa process in Poland is quite strict. Any uneven issues can causes the student visa rejection in Poland. We hope this article has helped you a lot to know the bank balance required for a Poland student visa. However, if you want to apply for a polish study permit this year you can contact AIMS Educaton anytime. It’s free!
FAQ
What is the minimum bank balance for Poland visa?
Ans: The minimum bank balance requirement for a Poland Schengen visa is 75 PLN per day and 13,000 USD per year.
What is the success rate of student visa in Poland?
Ans: The success rate of the student visa in Poland is 95% for international students.
What is the rejection rate for Poland?
Ans: The student visa rejection rate for Poland is only 5%.
How do I show funds for Poland student visa?
Ans: You can show funds for Poland student visa through salary slips, bank statements, parents pension statements etc.
AIMS Education is the best study abroad consultancy firm guiding students in selecting courses, universities and help them apply and secure their student visas. Also, AIMS Education is a British Council-certified agent and is listed on the British Council global agent list. We provide student recruitment services in UK, USA, Australia, Canada, Hungary, Poland, Denmark, Malta, Finland, France, Austria, Spain, Sweden, Malaysia and UAE. Not only this but also AIMS Education is an ICEF Accredited Agent, UCAS Registered Centre, PTE and Language Cert Partner.