Proof of financial support..

[sherineabdelwahab]

Hello all,

I'm not currently through the process of studying in Canada but I do plan on moving after graduating High School in 2020. But for now I just have a few concerns about showing proof of financial support, and i'm pretty sure i'm reading it the right way, but..

1. Do I need to show exactly or more than 10,000 CDN when I apply for my permit?
- I've kind of been stressing over this because I know that I may not be able to accomplish this, as I am a busy person with my studies. (I am from the United States if anyone was curious)
2. Will I need to show bank statements?
- I know the cic.gc.ca website says that other forms of proving financial support include..

• Guaranteed Investment Certificate (GIC) from a participating Canadian financial institution
• proof of a student/education loan from a bank
• your bank statements for the past four months
• a bank draft that can be converted to Canadian dollars
• proof you paid tuition and housing fees
• a letter from the person or school giving you money or
• proof of funding paid from within Canada, if you have a scholarship or are in a Canadian-funded educational program.

- But it then goes on to say that you need the 10,000 CDN otherwise. I just need to make sure that maybe I can use the loans and some bank statements? I know I am a whole 2 years away from this, but I like to plan for the future as reaching Canada is my ultimate goal, thank you.

 

[canuck78]

You will need to show that you have access to the funds to pay for the 1st year of tuition plus $10,000 for living expenses.