When you apply for a student visa, it’s important to strongly prove to the embassy that you have the necessary financial background to study abroad. The immigration authorities will want to make sure that you (or usually your sponsor) has the means to finance your living expences, your tuition fees and everything you might need, at least in the first years. For this reason, you must show a bank statement from your sponsor, proving that you (they) have enough money for you to study abroad. This is also called “show money”, as you don’t have to pay this, you just have to show that you have it.
Let’s see what you need to know about the sponsorship and show money.
In order to obtain a visa, you need a person who will finance your stay in Hungary, aka a ‘sponsor’. The sponsor can only be a parent or a legal guardian, no other relative is accepted (sister/brother, aunt/uncle, grandparent etc.). You’ll need a couple of documents to prove the sponsorship:
For a Hungarian student visa process if your studies are financed by a sponsor, you will need to provide the following documents:
A notarized bank statement covering the six months before your visa interview
Proof of your sponsor’s regular income, such as an employment certificate and recent salary slips
For business owners: company registration and tax documents
For retired sponsors: pension documents and recent pension slips
A notarized sponsorship letter confirming at least EUR 500 in monthly support
Proof of your relationship with the sponsor, such as a birth certificate
Please note that property ownership cannot be accepted as proof of liquid funds.
How much money is needed on the accounts?
It is recommended to have approximately EUR 15,000 available in the account. The balance should reflect regular income and normal spending activity rather than a large, unexplained one-time deposit.
Hungary Student Visa Show Money: Frequently Asked Questions
Students are generally advised to show around EUR 15,000 in available funds to support their studies and living expenses in Hungary. The more the better.
You must provide a variety of financial documents, including recent bank statements, proof of regular income, a notarized sponsorship letter, and supporting documents from your sponsor.
Yes. Your sponsor should provide proof of income, recent bank statements, a notarized sponsorship letter, and evidence of your relationship.
Legally, yes. However, in case of self-sponsorship you need a large amount of show money, which is enough to cover your fees and expenses for the entirety of your studies.
This is not recommended. A newly opened account with one large transfer may look suspicious. The embassy will usually prefer to see a bank account with a stable balance, regular income, and normal spending over several months.
No. Property ownership is not considered liquid money available to cover your study and living costs.
