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Proof fund for two years study

Canaday

Full Member
Nov 9, 2011
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Hi all,

To apply for study permit or extension of the study permit at while in canada, if i get a letter of admission for a 2 years diploma program, then how much fund do i need to proof? and do i need to show the money for 2 year or will it be sufficient to show just 1 year of fund?

Hope to hear from you guys soon.

Thank you
 

akhil5293

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Sep 8, 2011
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Canaday said:
Hi all,

To apply for study permit or extension of the study permit at while in canada, if i get a letter of admission for a 2 years diploma program, then how much fund do i need to proof? and do i need to show the money for 2 year or will it be sufficient to show just 1 year of fund?

Hope to hear from you guys soon.

Thank you
You need to show the funds of two years, if u are going for two year program
 

scylla

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Jun 8, 2010
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akhil5293 said:
You need to show the funds of two years, if u are going for two year program
That's incorrect.

You need to show a bank balance with sufficient funds to cover first year tution + an additional $10K to cover living expenses. Your bank balance should also have some additional funds on top of this to cover any travel expenses.
 

akhil5293

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Sep 8, 2011
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scylla said:
That's incorrect.

You need to show a bank balance with sufficient funds to cover first year tution + an additional $10K to cover living expenses. Your bank balance should also have some additional funds on top of this to cover any travel expenses.
Thanx for correcting me :)
 

lorerodri

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Feb 10, 2013
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scylla said:
That's incorrect.

You need to show a bank balance with sufficient funds to cover first year tution + an additional $10K to cover living expenses. Your bank balance should also have some additional funds on top of this to cover any travel expenses.
HI scylla

I'm planning to go with my wife and two kids to study, this is the minimum amounts that i will need to proof:

$10,000 Me
$4,000 spouse
$3,000 kid #1
$3,000 kid #2
$13,000 tuition fee
=============

Total of $33,000

What is the minimum amount from 33,000 that i have to show to officer in order not to be rejected? 34,000? 35,000? 36,000?
 

kingwajeeh

Hero Member
Jan 31, 2012
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I have applied previously for study permit but got refused, I showed my sister (married) as my sponsor and showed my brother in law's business. Now I am applying again but with different credentials and this time my father will be my sponsor but the thing is I am mentioning in my application that my father and brother in law are business partner and the business will be the source of income.

So they would already know about the business which I mentioned previously?