About Charles Sturt University:

FINANCIAL GUIDELINES – INDIA Region
1. All large deposits to be accompanied by proper source-of-fund documents.
2. Bank statements must show transactions for a minimum of12-monthsduration.
3. FDs need to be shown from 1st date of inception and ensure, and these must remain valid (not matured) on date of submission.
4. Disbursement.
a. Loans from NBFCs such as-DHFL, Avanse, Credila (any NBFCs) to be fully disbursed. Agents to discuss with students and disbursement will be the student’s responsibility only. If the student is not comfortable with full disbursement, arrange alternate acceptable funds.
b. Shares, mutual funds, EPF, Post office funds etc. to be fully disbursed. Again, responsibility lies with the student. If the student is not comfortable with full disbursement, arrange alternate acceptable funds.
c. Education loans to be accompanied by a disbursement letter and bank statement clearly showing disbursement.
5.Theonlyacceptable sponsors that will be considered are immediate family–self, parents, siblings, grandparents, spouse
6.Income must be commensurate with the provided funding. In case of loans, this must be sufficient to service loan instalments. It must also be sufficient to support the student in Australia and their family back in India simultaneously.
7.Mandatoryincome documents of the sponsor to be submitted along with finances (submit those applicable)
a. Income Tax returns
b. Business account statements
c.. Salary bank statement

d. Employment contract / letter + salary slips.
e. Business registration certificate
f. GST certificate
g. MSME certificate
h. Agricultural income document (digitally verifiable)
8. All documents in Hindi or a regional language such as Tamil, Telugu, Punjabi, Gujarati, etc. must be accompanied by an English translation.