[Article 61 of the Act of 15 December 1980]
The third-country national who wishes to pursue full-time higher studies at an institution of higher education in Belgium, or a preparatory year for such education, and the third-country national who, after completing their studies, asks to be authorised to extend their stay in order to seek employment or set up a business, must prove that they have sufficient means of subsistence.
The minimum amount for the means of subsistence is set by Royal Decree and indexed every year.
For the 2024 - 2025 academic year, this amount is 803 euros net/month.
Proof of sufficient means of subsistence is provided by submitting one or more of the following documents:
- a certificate drawn up [in accordance with a Royal Decree] either by an international organisation or a national government, or by a community, region, province or municipality, or by an institution of higher education, to the effect that the third-country national is receiving or will soon receive a scholarship or a loan;
- a commitment to a formal obligation in accordance with annex 32 to the Royal Decree of 8 October 1981;
- any other proof of sufficient means of subsistence – for example, the deposit of a sum of money equivalent to twelve (12) times the minimum monthly amount a student is required to have, into a blocked account opened by the higher education institution in the student's name, or the deposit of a bank guarantee equivalent to twelve (12) times the minimum monthly amount a student is required to have, into an account opened in the student's name by a financial services company specializing in the opening of blocked bank accounts intended to justify financial resources as part of a study visa application (for example, Studely).
The assessment as to whether the third-country national has sufficient means of subsistence is based on an individual examination of the case. As part of this examination, funds originating from a grant, scholarship, allowance or the lawful and regular pursuit of a gainful activity outside the time normally to be devoted to study are taken into account in particular.