Portugal Study Visa Proof of Funds Calculator

Understanding Proof of Funds for Studying in Portugal

When applying for a student visa, Portugal requires international students to provide Proof of Funds (PoF) to demonstrate their financial ability to cover tuition, living expenses, and other costs. This requirement ensures that students can support themselves without financial hardship while studying abroad.

 

What Is Proof of Funds?

Proof of Funds is official documentation showing that a student (or their sponsor) has sufficient money to cover:

• Tuition Fees – The cost of the academic program.

• Living Expenses – Housing, food, transportation, and other daily costs.

• Additional Costs – If you are travelling with a dependent, Portugal requires you to provide proof of funds for your dependents, medical insurance, or travel expenses.

 

What is the Accepted Proof of Funds Documents for Portugal?

The commonly accepted proof of funds documents for Portugal include:

• Bank statements (showing funds held for a period of 6 months).

• Fixed deposits or savings certificates.

• Scholarship award letters.

• Financial guarantee letters from sponsors.

• Education loan approval letters.

 

Living Expenses Proof of Funds Requirements for Portugal

Highlighted below are the student visa living expenses requirements for Portugal, whether you are travelling as a single applicant or with a dependent.

The primary applicant requires: 

• €870 per month (for up to 12 months) for courses in Portugal

You require to provide proof of funds for your dependents for study visa application in Portugal as follows: 

• Required funds for first dependent adult is €435 per month (for up to 12 months)

• Required funds for second dependent adult is €261 per month (for up to 12 months)

• Required funds for third dependent adult is €261 per month (for up to 12 months)

• Required funds for fourth dependent adult is €261 per month (for up to 12 months)

• Required funds for fifth dependent adult is €261 per month (for up to 12 months)

• Required funds for sixth dependent adult is €261 per month (for up to 12 months)

• Required funds for dependent child (under 18 years old) is €261 per month (for up to 12 months)

 

Why Is Proof of Funds Important?

Providing adequate proof of funds is a crucial part of the student visa application process because it shows that you are capable of financing your stay for the duration of your study. Insufficient or incorrect documentation can lead to visa delays or rejections.

 

How to Use Portugal Proof of Funds Calculator

Planning to study abroad? Portugal requires international students to provide proof of sufficient funds to cover tuition, living expenses, and other costs before granting a student visa. Use our Portugal Proof of Funds Calculator to estimate the minimum financial requirement for you to study in Portugal.

How It Works

1. Enter Your Details – Provide tuition fees, study duration, additional costs (if any), and any prepaid expenses.

2. View Your Required Proof of Funds – Portugal proof of funds calculator will generate the minimum financial amount needed for your visa approval based on official government requirements.

What’s Included in the Calculation?

• Tuition Fees – The cost of your program in Portugal (or the remaining balance after any payments).

• Living Expenses – Estimated cost of living based on Portugal visa guidelines.

• Additional Costs (If any) – If you are travelling with dependants, Portugal requires additional funds for them.

• Prepaid Amounts – Any payments you've already made (e.g., tuition deposits, and accommodation fees) can reduce the required total proof of funds.

Simplify the calculation process with Portugal Proof of Funds Calculator, which provides estimates based on official guidelines. Plan your study abroad journey with confidence!