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Study in Canada

Understanding study permit financial requirements

Fortune Consultancy
Understanding study permit financial requirements

Study permit applicants must show they can pay tuition and living costs. Thresholds are set by the Government of Canada and are updated from time to time, so it is important to confirm current figures before applying.

What tends to be persuasive

  • Funds held for a reasonable period rather than deposited immediately before applying
  • A clear, documented explanation of the source of funds
  • Sponsor documentation where a relative is funding studies
  • Evidence of tuition already paid, where applicable

Verify before you apply

Requirements, including provincial attestation letters, change periodically. Always verify current requirements through official Government of Canada sources or discuss your circumstances with a qualified professional.

Immigration programs, requirements, processing procedures and timelines may change. Visitors should verify current requirements through official Government of Canada sources or discuss their individual circumstances with a qualified professional.

More resources

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