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Proof of funds 2

studentapplyins00on

Star Member
Oct 3, 2024
97
5
If someone’s course is 1 year 3 months, how would the visa officer go about calculating the proof funds? Would I need let’s say 30k or 42k as proof of funds? (Excluding tuition fees)
 

canuck78

VIP Member
Jun 18, 2017
56,720
13,919
It’s a foundation course
So consideration will likely be made for not only the first year but how you can pay for the degree after the foundation year. Doing a foundation year is not very common so hard to comment on what IRCC will view as adequate proof and funds. You’re essentially being asked to show funds upfront and then source of funds for 4 more years after that. If you can’t afford to live and study in Canada for the degree program no point in doing a foundation year.
 

studentapplyins00on

Star Member
Oct 3, 2024
97
5
So consideration will likely be made for not only the first year but how you can pay for the degree after the foundation year. Doing a foundation year is not very common so hard to comment on what IRCC will view as adequate proof and funds. You’re essentially being asked to show funds upfront and then source of funds for 4 more years after that. If you can’t afford to live and study in Canada for the degree program no point in doing a foundation year.
Thanks for your input. The first study permit would be for the foundation year only and then I would have to apply another study permit when I enrol into the actual bachelors program. Now I am only talking about my first permit…. Legally how much should he see in liquid for these 1 year and 3 months? Would he consider it to be 2 years and round it and ask for 42k ?
 

Naturgrl

VIP Member
Apr 5, 2020
46,134
9,926
Thanks for your input. The first study permit would be for the foundation year only and then I would have to apply another study permit when I enrol into the actual bachelors program. Now I am only talking about my first permit…. Legally how much should he see in liquid for these 1 year and 3 months? Would he consider it to be 2 years and round it and ask for 42k ?
So it is ICM. You show $21k plus tuition for foundation year. When apply for next one you show the same amount of funds for living expenses and tuition plus a plan to pay for the remaining years.
 

canuck78

VIP Member
Jun 18, 2017
56,720
13,919
But the foundation “year” is actually 13 months. Should I provide 21k only?
Thanks for your input. The first study permit would be for the foundation year only and then I would have to apply another study permit when I enrol into the actual bachelors program. Now I am only talking about my first permit…. Legally how much should he see in liquid for these 1 year and 3 months? Would he consider it to be 2 years and round it and ask for 42k ?
A foundation year is a requirement by the university to enrol in a degree program. People aren’t taken a foundation year and leaving.