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ARTICLE · 16 DECEMBER 2019

How Much Money Do I Need To Study In Canada As An International Student?

December 16, 2019 - 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.

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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 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.

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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer

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