Education Loan

[jaymincs]

I am planning to go to Canada in this september intake. My programme duration is 2 years. My one year tuition fee is $13500 and other living expenses as suggested by college is $ 9500. So total is $23,500 for one year. So for visa purpose, Do i need to show total loan of $47,000 (2 yrs) or one year of $23,500. Please guide.

 

[GS_Stud]

I am planning to go to Canada in this september intake. My programme duration is 2 years. My one year tuition fee is $13500 and other living expenses as suggested by college is $ 9500. So total is $23,500 for one year. So for visa purpose, Do i need to show total loan of $47,000 (2 yrs) or one year of $23,500. Please guide.

One Year: $23,500.

In fact, CHC recommends to show at least 80% of funds availability for first year tuition fees + living expenses. But 100% is great!

GS

 

[rhasan]

I am planning to go to Canada in this september intake. My programme duration is 2 years. My one year tuition fee is $13500 and other living expenses as suggested by college is $ 9500. So total is $23,500 for one year. So for visa purpose, Do i need to show total loan of $47,000 (2 yrs) or one year of $23,500. Please guide.

The more you show, the better. CHC gets impressed in different ways in different countries since different countries have different economical stability.

 

[irfanullah]

The more you show, the better. CHC gets impressed in different ways in different countries since different countries have different economical stability.

Brother Rhasan, i am applying under general university category , my one year tution fee + living expenses come around 10 lakh indian rupees and my course which is of two years costs around 20 lakh rupees including everything. I have a loan sanctioned of 12 lakh and fifty thousand rupees. do i need to show full amount or only loan letter is enough? Also do i need to submit affidavit of support and salary certificate of my father along with the loan letter ? please reply soon.

 

[rhasan]

Brother Rhasan, i am applying under general university category , my one year tution fee + living expenses come around 10 lakh indian rupees and my course which is of two years costs around 20 lakh rupees including everything. I have a loan sanctioned of 12 lakh and fifty thousand rupees. do i need to show full amount or only loan letter is enough? Also do i need to submit affidavit of support and salary certificate of my father along with the loan letter ? please reply soon.

You can show one year worth of costing (tuition+living) but you will need proof as in how you gonna sustain the second year of education (property, sponsor, etc.). If you father has sanctioned the loan for you, then you have to otherwise not required (unless your father is sponsoring you).