If student loan covers entirety of accommodation and tuition costs, is it enough for proof of finance?

[max1994]

I don't have 20000 dollars in my bank but I will have like 10000. The proof of finance will be provided by my student loan provider. The entire tuition as well as accommodation and other living expenses will also be paid by my student loan provider.

Is that enough to prove my finances are ough for the studies?

Also, how do I write it in my SOP?

Max