Home Department written question – answered at on 7 April 2014.
To ask the Secretary of State for the Home Department what guidance her Department makes available to applicants for Tier 4 student visas on maintenance funding requirements; and what types of accounts or financial instruments count towards meeting this requirement.
The Home Office provides guidance on the maintenance funding requirements for Tier 4 student visas to applicants in Appendix C of the Immigration Rules, in the Tier 4 Policy guidance for applicants, and on the Tier 4 application form. The Tier 4 application form also calculates the level of funds an applicant requires and advises them which documents they can submit as evidence.
The guidance does not specify an exhaustive list of accounts or financial instruments that can be used to satisfy the maintenance requirement. Instead, the Immigration Rules set out the attributes an acceptable account must satisfy. The rules specifically exclude financial instruments such as shares, bonds, credit cards and pension funds from use as acceptable evidence.
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