💳 How to confirm funds for a study permit
📌 UDI requirement
To obtain a study permit, international students must prove their financial solvency.
● For the 2025/26 academic year, a minimum of NOK 166,859 per year (~NOK 15,169 per month) must be shown.
● This amount covers accommodation, food, transport and study expenses.
● Mandatory condition: funds must be available before the start of the semester.
📌 If the university charges tuition fees, the UDI requires proof of living costs + tuition fees.
💡 Options for confirming funds
- Deposit in a Norwegian bank
○ The university opens a "deposit account" (student deposit account) for you.
○ You transfer the required amount to it.
○ After your arrival, the money is returned to your current account in instalments.
2. Bank statement (bank letter)
○ You can show a statement from your own account in your country of residence.
○ The document must be in English and bear an official stamp.
3. Confirmation of housing
○ If you have paid for accommodation through Samskipnad (SiO, Sammen, Sit), this amount may reduce the total minimum.
○ For example: if your accommodation is paid for a year in advance for NOK 50,000, you must show NOK 116,859.
⚠️ Common mistakes
● ❌ Transferring money to the personal cards of intermediaries instead of a deposit account.
● ❌ Bank statements without English translation.
● ❌ Insufficient amount (e.g., only for one semester).
● ❌ No housing documents — even if you have a rental agreement.
📌 Tip: prepare your documents 2–3 months before submitting your application.
Proving your funds for a study permit is an essential step on the path to studying in Norway – and we're here to make it simple and straightforward for you! I am thrilled to tell you that the minimum for 2025/26 is NOK 166,859, plus tuition fees, if applicable. There are so many great options available to you: you can pay by bank deposit, bank statement or paid housing contract.
📌 Tip: choose a reliable method (deposit or official statement) and prepare your documents in advance. Don't worry – if there are any errors in the amounts or translations, it's really easy to sort out and your visa will still arrive in time!
