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Study Funds Guide 2027: UK, Australia and New Zealand Amounts from Sri Lanka

October 12, 2026•2 min read

This table shows, for each country, the initial payment (course fee, visa fee and health cover), the minimum money you must show, how long it must be held, who may provide it and the monthly sponsor income. Amounts use example course fees, are converted to LKR and are for one student studying alone.

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Minimum funds by country

United Kingdom

Australia

New Zealand

Example first-year course fee

GBP 18,000 = LKR 7,830,000

AUD 35,000 = LKR 8,088,000

NZD 40,000 = LKR 7,400,000

1. Initial payment

50% of the course fee: GBP 9,000 = LKR 3,915,000 + Visa fee: GBP 558 = LKR 243,000

+ Health surcharge for a one-year course: GBP 1,164 = LKR 506,000

Total: ~GBP 10,722 = LKR 4,664,000

First semester fee, usually 50% of the course fee: AUD 17,500 = LKR 4,044,000
+ Visa charge: AUD 2,500 = LKR 578,000
+ Health cover (OSHC), about 2 years: about AUD 1,650 = LKR 381,000


Total: ~AUD 21,650 = LKR 5,003,000

First-year tuition fee: NZD 40,000 = LKR 7,400,000
+ Visa fee: from NZD 850 = LKR 157,000
+ Medical and travel insurance: about NZD 1,000 = LKR 185,000

Total: ~NZD 41,850 = LKR 7,742,000

2. What you must show

Balance of tuition (50%) plus living costs for 1 year: GBP 9,000 + GBP 10,539 (outside London) / GBP 13,761 (inside London) = GBP 19,539 or GBP 22,761

~LKR 8,499,000 (outside London)

~LKR 9,901,000 (inside London)

First-year tuition plus living costs plus travel: AUD 35,000 + 29,710 + 2,000 = AUD 66,710

~LKR 15,415,000

First-year tuition plus living costs: NZD 40,000 + 20,000 = NZD 60,000

LKR 11,100,000

3. How long the money is held

28 days in a row

Minimum 6 months

Minimum 3 months

4. Who can provide the funds

The student or the parents, in individual or joint accounts

Blood relatives: the student, parents, siblings, uncles, aunts or grandparents. An uncle or aunt as a secondary sponsor: not more than about 30% of the total

Blood relatives: the student, parents, siblings, uncles, aunts or grandparents. An uncle or aunt as a secondary sponsor: not more than about 30% of the total

5. Monthly sponsor income

No requirement

About LKR 400,000 a month minimum

About LKR 400,000 a month minimum

Exchange rates used

  • GBP 1 = LKR 435 (08/10/2026)

  • AUD 1 = LKR 231.08 (11/10/2026)

  • NZD 1 = LKR 185 (05/10/2026)

Check your eligibility ›

Sources

Sandeepani Wickramasinghe
Sandeepani Wickramasinghe is the co-founder of Prosper Global Education. She studied at Curtin University in Australia, completing a Bachelor of Information Technology, and built a decade-long operational career in Sri Lanka — first as a Project Manager at the Ministry of Defence, one of the country's most process-disciplined institutions, and then as a Production Manager at MAS Holdings, recognised globally for engineering-grade operations standards. In 2023 she co-founded Prosper Global Education with Lasantha Jayawardena to help ambitious Sri Lankan students and working professionals study abroad with precision rather than volume — applying to two or three carefully matched universities instead of ten or twenty. Sandeepani leads admissions and the daily review that decides which applications go out. She writes from the operations side of the journey: the side that turns a student's profile into an offer letter. Based in Colombo.
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