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Education Loan from Canada - impact Proof of fund or decision?

escape13

Full Member
Apr 24, 2021
28
1
I am an FSW inland candidate, recently received an ITA! I have 30K student line of credit from Canadian bank and also have one more account with sufficient funds. Also, I have permanent job in Canada.

Will my education loan from Canada impact my PR decision? How to show that in Proof of funds? Do they calculate Funds - Loans = POF?

Please guide!
 

raynadukkandy

Hero Member
Apr 12, 2019
342
168
Canada
Category........
CEC
NOC Code......
22221
App. Filed.......
18-01-2023
AOR Received.
19-01-2023
IELTS Request
02-12-2022
Med's Done....
01-03-2019
The proof of funds should be unencumbered i.e. it should be readily available for you to use it and nothing something which you have borrowed from a bank or person.
 

DameofSJ

Star Member
Aug 14, 2021
67
24
Canada
Category........
PNP
NOC Code......
10012
Job Offer........
Yes
Nomination.....
11-12-2024
AOR Received.
04-03-2024
Med's Done....
15-06-2022
Hi, did you apply for your PR? What did you say about the loan?

I am an FSW inland candidate, recently received an ITA! I have 30K student line of credit from Canadian bank and also have one more account with sufficient funds. Also, I have permanent job in Canada.

Will my education loan from Canada impact my PR decision? How to show that in Proof of funds? Do they calculate Funds - Loans = POF?

Please guide!