Do we need to show ITR even after taking education loan for Australia?

Asked by Kalyan over 2 years ago

Preeti Singh

Preeti Singh

Senior Consultant

 If you're an international student, it's essential to know what's required. While getting an education loan is a big step to show you have the money for your studies, you also need to provide your Income Tax Return (ITR) or your sponsor's ITR.

The reason for this requirement is to make sure that you or your sponsor have a consistent and reliable financial history. This financial stability is crucial throughout your stay in Australia. Even if you have an education loan, sharing your ITR is like showing a strong financial background. It's a key factor when you apply for a visa to study in Australia. So, it's not just about the loan, but also about proving that you can manage your finances well, making your journey to study in Australia smoother.

 


upvote icon
Upvote8
Comments
2
Share