The 28-day rule, education loans, and evidencing where the money came from
You must show your unpaid first-year tuition plus 9 months of living costs (£1,529/month in London, £1,171/month outside), held for 28 consecutive days. Many Nepali students fund this with an education loan - that's allowed, but it must be documented correctly, and any large deposit needs a clear source.
| Requirement | Detail |
|---|---|
| Letterhead | Official bank letterhead with the bank's name and logo |
| Name | Your name, or your parent/sponsor's name if using their account |
| Account number | Shown clearly on the statement |
| Date | Recent, covering the full 28-day period |
| Balance | Daily or running balance proving the threshold was met every day |
| Authentication | Each page stamped and signed by the bank, or a covering letter confirming the statement is genuine |
A loan from a recognised Nepali bank or financial institution counts as funds if it's an academic/education loan paid to you (or held in your name) without further conditions. Provide the loan sanction/approval letter on bank letterhead. The same loan documents support your NOC and fee remittance.
A big amount that appears just before the 28-day window can trigger a credibility refusal unless you can show where it came from - property/land sale deed, salary or business income, a documented family gift, or a sanctioned loan. Season and document the money.
| Location | Per month | 9 months |
|---|---|---|
| London | £1,529 | £13,761 |
| Outside London | £1,171 | £10,539 |
Add any unpaid tuition shown on your CAS. Tuition you've already paid reduces what you need to show - keep the receipt.
If your funds are in rupees, the pound value moves. Keep 5-10% above the minimum so a rate swing on application day doesn't push you below the threshold (NRB now even allows an extra 5% to be remitted for this reason). UKVI converts using the OANDA rate on the day you apply.
Last updated: June 2026. Always confirm requirements at gov.uk.