Planning to study in Italy? Besides getting accepted into an Italian university, one of the most important steps in your process is fulfilling the financial requirements for an Italian student visa. In this step-by-step guide, we detail how much you'll need, what documents you'll need to present, sources of funding that are acceptable, and how Golden Future makes the whole process easier for you.
Now before we get to the statistics, let us have a brief overview of Italy student visa. Since you are an EU/EEA student planning to study in Italy for more than 90 days, you will require a Type D long-stay visa. To be eligible to apply, you need to provide:
University acceptance letter
Evidence of accommodation
Evidence of sufficient funds
Compliant medical insurance
Guarantee of the back trip
Of these, the financial one is the one in which most students are being duped or have their visa refused. Let's bust.
The Italian government makes all foreign students demonstrate that they have adequate finances to care for themselves while in Italy studying. Monthly Subsistence Requirement
As of 2025, the minimum is:
€460.28 for each month of stay in Italy.
So, for a course of one year
€460.28 * 12 months = €5,523.36
This is the minimum. Some Italian consulates will require more based on your city and cost of living.
In an attempt to fulfill the financial requirement for an Italy student visa, you will have to show documentary proof of having access to sufficient funds. The documents below are acceptable:
1. Personal Bank Statement
Current 3–6 months' bank statements
Should show a steady balance of over €5,500
Must be in your name and show account ownership
2. Sponsor’s Financial Support
If a parent or guardian is funding your education, include:
Their bank statements (same requirements as above)
A Notarized Affidavit of Support
Proof of relationship (birth certificate)
Their income tax returns (ITR) and employment letter
3. Scholarship Letter
If you’ve received a scholarship:
Submit the official scholarship award letter
Should provide amount, tenure, and coverage
At Golden Future, your go-to visa partner when you study in Italy. Here's why you should avail our services:
1. Expert Visa Documentation Services
We are experts at creating impeccable error-free financial documents for the Italy student visa, so that you are completely consulate-compliant.
2. Affidavit of Support & Templates
Require a sponsor? We'll prepare the affidavit of support, assist with notarization, and obtain approval from Italian authorities.
3. Customized Financial Planning
Don't know how to present your finances or how to do it through a sponsor? We discuss your profile with you and advise on the best way to approach it — saving you time and lowering rejection levels.
4. Accommodation & Insurance Support
We assist you to secure more affordable, visa-accommodating accommodation and Italian healthcare insurance.
1000+ Visas Approved
Golden Future has helped over 1,000 students secure Italian visas and visas of other EU countries — sometimes without IELTS and short notice.
What amount of money do I need to show for an Italy student visa?
Minimum of €460.28 per month. That would be a total of €5,523.36 for one year's stay.
Can I submit my parent's bank statement for the Italy student visa?
Yes, but with notarized affidavit of support and relationship proof.
Do I need both blocked accounts in Italy and Germany?
No. Italy doesn't need a blocked account. Sponsor funds or regular savings accounts are okay.
Can I submit an education loan as proof of funds?
Yes, an accepted sanction letter from an accredited bank or financial institution for an education loan will suffice.
Will Golden Future help with the preparation of the finance documents?
Yes. We provide full-service visa assistance from bank statement review to affidavit preparation and customized checklists.
Obtaining Italian student visa funds is not money — it's doing it correctly. From financial documentation to housing and insurance, each paper counts.
With Golden Future, don't worry about anything. We will handle everything and walk you through creating perfect financial documents as per the Italian embassy's requirements — greatly improving the possibilities of a visa grant.