cad143 said:
hello. sorry newbie here at the International Students forum. Can I ask what you mean by spp/non spp and to go with GIC? Thanks.
I'm planning to apply for Sept 2017 intake so im preparing all docs.
SPP is Students Partners Programme. You can easily interprete it as one type of collobration between Indian and Canadian Govt. to help the students to study in Canada. Certaim Colleges in Canada falls under SPP category. If your College is under SPP category, then your visa file should be shortly called as SPP file. Other wise it is universoty or non-spp file. You can find more details and list of SPP colleges here.
https://www.idp.com/india/studyabroad/destinations/canada/sppcolleges
GIC is Guranted Investment Certificate. It is must required process for SPP file. However, it its optional for non-spp/ university file. But, almoat all students opt GIC for a safer side as financial document to Visa Officer.
As a financial document, you have to show that you have atleast 833 CAD per month for 1 year i.e. almost 10000 CAD to support your self when you will be in Canada. And GIC is the best option to show this 10000 CAD. The Bank of Nova Scotia and ICICI bank Canada offers this GIC to students. However, most of the studetns opt for Scotia bank.
http://www.scotiabank.com/ca/en/0,,5698,00.html
You can find more details for GIC in this link.