Do I need bank statements and the deposit balance ready before gaining admission?

11/12/2021

Yes, you need them. The bank statements in this scenario can also be referred to as proof of funds. The bank statements must be in your name and account (student) or your parents account. If the banks statements are in your parents name, you would have to provide a birth certificate to show proof of relationship and also a letter of sponsorship. 

The deposit receipt and bank statement are very essential to be able to obtain the CAS for those who don't know. The CAS is the confirmation of Acceptance and is a document issued by the university after meeting several condition to enable you apply for your visa.

The bank statement constitutes the rest of the tuition fees after deposit plus the living cost in that city. (Living cost in London is £12006 and the living cost out of London is £9207) This means you can estimate how much money would be required to meet the requirements and request the CAS.


Explanation

Admission onto certain courses can take up to 6 weeks depending on the university and if you do not consider the deadlines which are mainly the: application, deposit payment, and CAS deadline, you might experience delays. if the above: POF and deposit are not ready, you won't be able to make it for that intake. Bear in mind that, it also takes close to 3 weeks for the CAS to be issued. Most of you who have submitted applications previously found out it can take up to 3 weeks for you to get through the interview process.

Moreover, before submitting any application to any university, you need to consider the following factors: the module structure, tuition fee, deposit, flexible payment plan, location and university's resources.

I would suggest you plan ahead and for those of who have issues with funding, feel free to get in touch so that we can support and guide you on how to get funds. There are alot of opportunities available but you must be serious. 

In this 2021, a lot of universities saw a surge and increased demand in their products particularly from the African and Asian markets which led to high volumes of applications surpassing the initial targets set by the university. This means the university could could not accommodate overwhelming load of applications. In some cases, students with a conditional offer had to pay deposit before awaiting for the unconditional offer in order to secure a place at the university. Imagine that your funds were not ready, you would be forced to defer to the next coming if not ready. Spaces for specific courses got full 3 weeks before the anticipated deadline, other universities even had an flow of deposit payments from students who didn't even receive an offer letter.  kindly share this to help a friend and contact reach to us if you have any questions. Continue checking our latest post for more information. 

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