Financial means

For the visa/residence permit application, you need to prove that you have sufficient financial means. Please note that the IND is very strict with regards to the proof of financial means. It is therefore important that your financial documents meet all the requirements, otherwise the IND will not grant your residence permit.

If possible, use a Bank Statement of your own account to prove your financial means. This will save you time and effort, because you will not have to send original documents to us by post.
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Sufficient financial means

The IND requires proof that you can financially support yourself during your stay in the Netherlands. Taking into account average housing costs and living expenses, the IND has set a minimum monthly amount students will need for this. This minimum amount is € 900 a month.

For the residence permit application, you will need to prove in advance that you have sufficient financial means for the first twelve months of your stay (If you are an exchange student, this will be at least your official exchange period at Utrecht University in the Netherlands). For Utrecht university Bachelor/Master's programme students this is in addition to the money needed to pay the invoice for the tuition and application fee. This means you need to prove that you have 12 x € 900 = € 10800 available and that you haven't used this money to pay your invoice.

The full amount must be in your bank account in advance. A bank statement with € 10000 and an email telling us you will get the other € 800 in July, will not be accepted by the IND.

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IMPORTANT NOTE FOR CHINESE STUDENTS:

The IND does not accept Certificates of Deposit as proof of financial means for Chinese students. Please go to Payment for more information.

There are three ways to prove you have sufficient financial means:

  1. Scholarship
  2. You have your own financial means
  3. You have a sponsor who does not live in the Netherlands

It is possible to combine funds from 1,2 and 3
Please note that someone living  in the Netherlands cannot act as your sponsor.

Scholarship

You have been awarded a scholarship in order to fund your stay in the Netherlands. The IND has set strict criteria for the information needed regarding the scholarship. This information is combined in our Scholarship Certificate.
Please ask your scholarship provider to complete this form to make sure the IND criteria are met.

If the scholarship provider cannot use our Scholarship Certificate, they must issue an award letter that contains all of the following information:

  • Name and address of the organisation awarding the scholarship

  • Your name

  • Your date of birth

  • The exact study period (dd/mm/yyyy) to which the scholarship applies (e.g. from 01-09- 2019 until 31-08-2020)

  • The exact amount of money that has been allocated  

  • The letter has to be signed and certified with a stamp of the organisation awarding the scholarship

  • The letter has to be dated

  • The letter has to be in English, French or German. If not, it must be translated by a certified translator

You have your own financial means

In order to prove that you have sufficient financial means of your own to fund your stay in the Netherlands, you must provide:

recent bank statement* of an account in your name (a copy or the original)

OR (if you cannot provide a bank statement):

a recent declaration from the bank, signed and certified with a stamp of the bank (the original)
 

*A bank statement is an official periodic (usually monthly or quarterly) statement issued by your bank, showing your account details together with the balance and any withdrawals or deposits made during the previous period. Official pdf E-statements are also accepted. (upload the downloaded E-statement itself  - do NOT upload a screenshot as this cannot be accepted). Click for an Example document.

Criteria for a bank statement or bank declaration

1. The documents must contain the following information:

  • Name and address of the bank
  • Currency
  • Name of the account holder(s). In case of a shared account, you must submit written approval of the second account holder that you can dispose of the amount mentioned.
  • Balance
  • Full account number
  • Date

2. The documents must:

  • Be less than 2 months old. If you have already paid your invoice, the issue date of the bank document(s) must be AFTER the payment date
  • Contain no indication that there is a hold on the funds (e.g. no term / time deposits or share / stock portfolio)
  • Show a balance sufficient for the entire period of your stay, or at least the first academic year
  • Be issued in English, French, Dutch or German. If not, the document(s) must be translated by a certified translator

 

Criteria for the bank account

The two account types that are generally accepted, are current or checking accounts and regular saving accounts (as long as the funds are freely accessible).

NOT accepted are: loans, credit card accounts, term/time deposits (unless the bank declares that the funds are freely accessible), investment accounts, share portfolios, equity funds, bonds, pension funds, mortgage accounts etc. 

If you are not sure if your account type will be accepted, contact us first by email: Please send your email to visa@uu.nl

You have a sponsor who does not live in the Netherlands

Someone sponsors your stay in the Netherlands, for example your parents. In order to prove that you have a sponsor with sufficient financial means to fund your stay in the Netherlands, you must provide:

a recent bank statement* of an account in your sponsor’s name  (a copy or the  original)

OR (if you cannot provide a bank statement):

a recent declaration from your sponsor’s bank, signed and certified with a stamp of  the  bank (the original)

AND

A scan of your sponsor's passport or id card. In case of a shared account, you must also submit a scan of the second account holder's passport.

AND

The Financial Statement Sponsor form, filled out and signed by your sponsor (the  original).  In case of a shared account, the second account holder must also fill in their name and co-sign the form.

*A bank statement is an official periodic (usually monthly or quarterly) statement issued by your bank, showing your account details together with the balance and any withdrawals or deposits made during the previous period. Official pdf E-statements are also accepted. (upload the downloaded E-statement itself  - do NOT upload a screenshot as this cannot be accepted). Click for an Example document

Criteria for a bank statement or bank declaration

1. The documents must contain the following information:

  • Name and address of the bank
  • Currency
  • Name of the account holder(s). In case of a shared account, you must submit written approval of the second account holder that you can dispose of the amount mentioned.
  • Balance
  • Full account number
  • Date

2. The documents must:

  • Be less than 2 months old. If you have already paid your invoice, the issue date of the bank document(s) must be AFTER the payment date
  • Contain no indication that there is a hold on the funds (e.g. no term / time deposits or share / stock portfolio)
  • Show a balance sufficient for the entire period of your stay, or at least the first academic year
  • Be issued in English, French, Dutch or German. If not, the document(s) must be translated by a certified translator

 

Criteria for the bank account

The two account types that are generally accepted, are current or checking accounts and regular saving accounts (as long as the funds are freely accessible).

NOT accepted are: loans, credit card accounts, term/time deposits (unless the bank declares that the funds are freely accessible), investment accounts, share portfolios, equity funds, bonds, pension funds, mortgage accounts etc. 

If you are not sure if your account type will be accepted, contact us first by email: Please send your email to visa@uu.nl