INTERNATIONAL BANK STATEMENT

[samtiasaa]

Hello people
I got my study permit refused just recently on the basis of insufficient funds. I submitted a company bank statement to show as a proof of funds but unfortunately, I got denied. Please, I would want to reapply but my uncle who resides in US is willing to fund my education, can I use his international his international bank statement to show as a proof of funds since am applying from Ghana?

 

[Naturgrl]

Hello people
I got my study permit refused just recently on the basis of insufficient funds. I submitted a company bank statement to show as a proof of funds but unfortunately, I got denied. Please, I would want to reapply but my uncle who resides in US is willing to fund my education, can I use his international his international bank statement to show as a proof of funds since am applying from Ghana?

Was that the only reason for refusal? How long is the program? And how much in tuition? Did you pay first year tuition?

You can show your uncle's funds if they are personal funds. You should be showing some family funds (you or your parents) too. Whether his funds are considered will not be known until you receive a response on the application. He is not considered immediate or extended family.

 

[samtiasaa]

That was the only reason for refusal

 

[Naturgrl]

That was the only reason for refusal

Ok.

 

[samtiasaa]

It is four year program and tuition for a year was 20,000CAD

 

[samtiasaa]

I didn’t pay for the first year tuition

 

[Naturgrl]

It is four year program and tuition for a year was 20,000CAD

So the program overall is $80k plus $40-50k in living expenses ($10k per year is on the low end depending where you are living). So total costs $120-140k. Pay first-year tuition. Is your uncle showing that tuition can be paid for? Future income does not count. Also for living expenses, where will that money come from. You cannot say you will work part-time (that wouldn't cover living expenses anyways) so you need to show that you can afford the program without working.

How much is your family covering (personal accounts not company)?

 

[samtiasaa]

So apart from his personal bank statement what documents do I need from my uncle to show as a proof of funds?

 

[Naturgrl]

So apart from his personal bank statement what documents do I need from my uncle to show as a proof of funds?

You need to show you have the cash to afford the studies so bank statements, liquid investments etc. Property and future income aren't considered. You have $80k in tuition so you really need to show that this is covered. Below are the ways from IRCC.

• proof of a Canadian bank account in your name, if you've transferred money to Canada
• Guaranteed Investment Certificate (GIC) from a participating Canadian financial institution
• proof of a student or education loan from a bank
• your bank statements for the past 4 months
• a bank draft that can be converted to Canadian dollars
• proof you paid tuition and housing fees
• a letter from the person or school giving you money, or
• proof of funding paid from within Canada, if you have a scholarship or are in a Canadian-funded educational program