To study in Finland, Bangladeshi students must show proof of at least €800 per month, or €9,600 for a full year, held in their own bank account, in addition to funds for tuition fees. This is a Finnish Immigration Service (Migri) requirement for the student residence permit - separate from tuition and living costs, and required regardless of scholarship status unless the scholarship itself covers living expenses. At Study in Finland, We helps Bangladeshi students prepare accurate, Migri-compliant financial documentation as part of the full study-abroad journey.
Finland's student residence permit requires proof of €800/month or €9,600/year in personal funds, verified through a 6-month bank statement, with sponsorship from relatives or friends not accepted.
| Permit Duration | Minimum Funds Required | Evidence Required |
|---|---|---|
| Less than 1 year | €800 per month | 6-month bank statement |
| 1 year or longer | €9,600 total | 6-month bank statement |
| 2 years (e.g., post-study work-seeking permit) | €19,200 total | 6-month bank statement |
Source: Finnish Immigration Service (Migri), confirmed for 2026 residence permit applications. Verify current figures on Migri's official page →
Migri accepts a bank statement covering the past 6 months, showing the required funds available in the applicant's own bank account. The account can be held at any bank, in any country, as long as the funds can be withdrawn once the student is in Finland.
Acceptable evidence includes:
Documents are submitted through Finland's official Enter Finland online application portal. Start your application on Enter Finland →
Bangladeshi students should budget for three separate cost categories when planning to study in Finland - tuition, living costs, and the Migri financial requirement (which overlaps with, but is not identical to, actual living costs).
| Cost Category | Estimated Range (Per Year) |
|---|---|
| Tuition Fees (Non-EU/EEA, varies by university) | €8,000 - €20,000 |
| Living Costs (varies by city) | €8,400 - €15,600 (€700-€1,300/month) |
| Migri Minimum Financial Proof (required, not additional spend) | €9,600 |
| Health Insurance (private, non-EU/EEA requirement) | €197 (single) - €219 (with family) |
The Migri financial proof requirement (€9,600/year) is not an extra cost on top of living expenses - it is the minimum bank balance Migri checks to confirm a student can support themselves, and it typically overlaps with a student's actual living budget.
See full tuition fees and scholarship details by university →Bangladeshi students should convert the €9,600/year minimum financial requirement and expected tuition into BDT for practical budgeting and bank loan planning. The table below uses an illustrative exchange rate for calculation purposes only - the EUR-to-BDT rate changes regularly, so the actual BDT amount required will rise or fall with the live exchange rate at the time of your bank statement or loan application.
| EUR Amount | Approx. BDT Equivalent (at BDT 120/EUR) |
|---|---|
| €800/month | ~BDT 96,000 |
| €9,600/year | ~BDT 1,150,000 |
| €8,000/year (low-end tuition) | ~BDT 960,000 |
| €20,000/year (high-end tuition) | ~BDT 2,400,000 |
These figures are calculated at an illustrative rate of BDT 120 per EUR and will change as the exchange rate moves. To recalculate at the current rate, multiply the EUR amount by the live EUR-to-BDT rate for example, if the rate rises to BDT 125/EUR, the €9,600/year requirement becomes approximately BDT 1,200,000 instead of BDT 1,150,000. Always confirm the live rate through your bank or a currency conversion source such as XE before finalizing financial documentation or a bank loan application.
Bangladeshi applicants should prepare the following before submitting a residence permit application:
No - Migri does not accept sponsorship agreements from relatives, friends, or employers as proof of funds for a student residence permit. The required amount must be held in the student's own bank account. The only exception is for students under 18 or exchange students, who may use a joint account shared with a guardian.
If a student receives a scholarship covering full or partial tuition, this does not automatically reduce the €800/month living cost requirement - scholarships typically offset tuition, not daily living expenses, unless the scholarship explicitly includes a living stipend. Students should confirm with their university whether their scholarship award letter can be used as partial evidence of financial support.
Explore Finnish university scholarships and tuition waivers →Preparing accurate, Migri-compliant financial documentation is one of the most common points where applications face delays or rejection. Study in Finland provides direct support with:
Based on common Migri application patterns, the most frequent financial documentation mistakes include:
You need at least €800 per month, or €9,600 for a full year, in your own bank account, plus funds for tuition fees if unpaid. This is Finland's official Migri residence permit financial requirement for 2026.
No. Migri does not accept sponsorship agreements from relatives, friends, or employers. The required funds must be held in the student's own bank account, with an exception for minors or exchange students using a joint account with a guardian.
Migri requires a bank statement covering the past 6 months, showing that the required minimum funds have been consistently available.
Not automatically. Scholarships typically cover tuition, not daily living costs, so the €800 per month living fund requirement usually still applies unless the scholarship explicitly includes a living stipend.
The residence permit application may be rejected or delayed. Migri requires the full minimum balance to be verifiably available for the entire 6-month statement period, not just at the time of application.
€800/month is Migri's minimum legal requirement, not necessarily a comfortable living budget. Actual living costs in Finland typically range from €700 to €1,300 per month depending on the city, so students in higher-cost cities like Helsinki should budget above the minimum.
