2019-12-13 – Canada is a popular destination for international students. In order to secure a Canada Study Permit, proof of unencumbered available funds is required to cover tuition and living expenses.
You can prove funding with:
- Proof of your Canadian bank account showing the money you have transferred.
- Guaranteed Investment Certificate (GIC) from a Canadian bank.
- Proof of a student or education loan from a bank.
- Your bank statements for the past four months.
- A bank draft that can be converted to Canadian dollars.
- Proof you paid for tuition and housing.
- A letter from a person or school giving you money.
- Proof of funding paid from within Canada, if you have a scholarship or are in a Canadian-funded educational program.
Tuition can vary significantly between institutions and study programs.
In addition to tuition, you must have adequate living expenses, calculated as follows:
Funds Required Outside of Quebec
How to Calculate Final Amount
Example: Tuition + $10,000 (student) + $4,000 (spouse)
Total proof of funds needed: Tuition + $14,000
Embrace your future and let Immigration.ca become the choice for your study in Canada experience that will last a lifetime!
Begin your study in Canada, experience NOW!
