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How much money do you need to prove to study in Canada

05 January, 2023

How much money do you need to prove to study in Canada

Get to know about the proof of funds:

The Canadian Government requires that the main student visa applicant prove that they have a minimum amount of CAD$10,000 + the tuition fee for the first year. In addition, if a family member accompanies you, CAD$4,000 must be added, and CAD$3,000 for each additional member.

To prove this income, the government of Canada accepts the following documents:

• Proof of a Canadian bank account in your name if you have already transferred the money to Canada;
• A certificate called Guaranteed Investment Certificate (GIC) from a participating Canadian financial institution;
• Proof of an educational or student loan from a bank;
• Bank statements for the last four months of your account;
• A bank draft that can be converted into Canadian dollars;
• Proof of payment of your tuition and accommodation fees in Canada;
• A letter from the individual or school providing you with the money;
• Proof of funding within Canada. Example: If you receive a scholarship or have been admitted to a Canadian government-funded educational program.

We have visa and immigration specialists to help you with your visa. We will follow your case step by step. Contact:

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