Nepal

Eligible Sponsors

• Parents – *highly recommended
• Grandparents (Maternal/Paternal) – *recommended
• Siblings, Self – *recommended.
• Uncle / Aunts (Maternal/Paternal) – *not highly recommended
• Spouse – *in case of married applicants
• Third party sponsor – acceptable case by case with valid reason
  Following points to be considered in case of third-party sponsors:

• • Why are they sponsoring the student?
  • What are their own financial liabilities?
  • Information about their profession and family responsibilities
  • If they have sponsored anyone else within the last two years, and if yes, details how much of the amount declared/shown will be used to sponsor the student.
• In laws can also sponsor (for married applicants, but suggested share is 40% maximum and rest funds from own parents /spouse/siblings etc.)

Following documents are to be submitted by each of the sponsors:

• Relationship verification, with original and translated citizenship of all the sponsors along with an Affidavit of support for student.
• Evidence of income with supporting documents
• Demonstration of funds e.g.: Education loan, Saving etc.

Annual income clause by High Commission

• Tax returns reflecting personal annual income equivalent AUD 87,856 in the 12 months immediately before you apply. If bringing family members, applicant must demonstrate parents’ or partner’s income at least AUD 102,500.
• If both parents are working, their combined income can be considered. Provide evidence of parents’ or partner’s Statuary income proof which are less than 12 months old.

Acceptable Funds

•  Saving Bank accounts (any huge recent funds to be backed by acceptable sources)
• Amount acquired from Land Sale:
  • Lalpurja (land ownership certificate) before and after the sale.
  • Cheque copy
  • Itemized bank account statement covering the period between receipt of funds from the land sale to now. (Cash transaction is not acceptable).
  • Land Tax Receipts issued by the Village Development Committee/municipality office for the last three fiscal years prior to the sale of the land.
    Note: Sales within the family are not accepted.

• Education Loan

Documents required:

• Loan Sanctioned Letter
• Itemized bank statement covering the period between the disbursement of the loan to now.
• Loan account statement covering the period between the approval of the loan to now.
• Valuation of Property against which the loan has been taken.
• Lalpurja (land ownership certificate) including details of the owner.
• Land Tax Receipts issued by the Village Development Committee (VDC)/Municipality.

Provident Funds

Not accepted if presented without the employer’s letter outlining the maintenance and withdrawal limit. However, if the specified sum is being deposited into a savings account, it will be considered together with a statement and other necessary transfer documentation. It is necessary to obtain a statement or letter from Sanchay Kosh, a government entity.

Acceptable Banks- Navitas

We accept all ‘’A’ category banks except Prabhu Bank.
If the student has money deposits in a non-acceptable bank and now wants to transfer it to acceptable financial institute, the Transfer of funds is acceptable only from category “B” Banks.

Calculation of Expenses

• Tuition fees for 12 months as per offer letter (or pro rata fees, if your course is less than 12 months).
• Living expenses for 1st Year – AUD 29,710
• Airfare approx. AUD 2000 per person

In case of married applicants

• Partner/spouse -Living Expenses AUD 10,394 when accompanying.
• Airfare approx. -AUD 2000
• child -Living Expenses AUD 4,449

Please refer DHA link to know more details.

Non-Acceptable Funds

• Income generated from sale of Ornament.
• Loan against gold.
• Agreement to sell.
• Agriculture loan.
• Shares, Debenture & Bonds.
• Income generated from FD.

Note: Navitas office will verify all loans/funds, income, and other documents (if necessary).