I need information/clarification about the following requirements for student visa for Filipinos :

1. Do you think the Spanish Consulate will find sufficient if i have 400 euros/mo in my bank account for stay in Santiago de Compostela? Plus, there will be a Letter of Support from a Spanish citizen who will provide for the board and lodging.

2. Do i need to show a PAID roundtrip ticket to Spain during the interview? What if the visa application is denied?

3. Do i need to show a PAID international medical/accident insurance during the interview? What is the visa application is denied?

3. Does the Consulate General recognize international medical/accident insurance issued by Philam Life (AEG)?

4.  How long does the Consulate in the Philippines process the student visa after the interview?

5.  How many days do they legalize academic records?

Thanks for any information about my queries.