Canada is a famous destination for education and immigration for international students.Every year approximately 100, 000 students from all over the globe come to Canada to pursue academic studies. Due to the quality education and with affordable tuition fees, a large majority of international students choose to study in Canada. Its globally known high cultural diversity attracted over 500,000 foreign students from all parts of the world to study in Canada.
There are various requirements thatmust be met before you can apply for a study permit in Canada. Below is a list of what you will need and the criteria that must be met:
Canadian Study Permit Applicants Must Prove They Can Support Themselves And Accompanying Family Members, If Applicable, While In Canada.
Proof Of Funds For A Study Permit Can Be Proven With:
Check Out Our Analysis On Which Bank Provides The Best Option For A Guaranteed Investment Certificate (GIC).
The Minimum Funds Requirements Are Outlined Below. The Requirements For Students Destined For The Province Of Quebec Are Different, And Follow This First Table.
Minimum Funds: All Provinces Except Quebec
Persons Coming To Canada | Amount Of Funds Required Per Year (Additional To The Tuition) | Amount Of Funds Required Per Month (Additional To The Tuition) |
---|---|---|
You (The Student) | $10,000 | $833 |
First Family Member | $4,000 | $333 |
For Each Additional Accompanying Family Member | $3,000 | $255 |
Minimum Funds For Quebec
Persons Coming To Canada | Amount Of Funds Required Per Year (Additional To The Tuition) | Amount Of Funds Required Per Month (Additional To The Tuition) |
---|---|---|
You (The Student) | $11,000 | $917 |
First Family Member (18 Years Or Older) | $5,100 | $425 |
First Family Member (Under The Age Of 18) | $3,800 | $317 |
Every Additional Accompanying Family Member (18 Years Or Older) | $5,125 | $427 |
Every Additional Accompanying Family Member (Under The Age Of 18) | $1,903 | 159 |