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Proof of funds for Canadian study visa

sakgupta33

Member
Jun 1, 2018
12
1
I got the scholarship from McMaster University (2 year MSc course, fees: 18000$ per year) due to which my income during the first year will be 31000$ after deduction and a loan amount of 7.5 lakh from SBI. Are these sufficient to show as a proof of funds for the student visa to Canada or liquid funds are also required?
 

captainarabiia

VIP Member
Mar 17, 2015
3,048
672
Winnipeg
Visa Office......
Riyadh Visa Office
App. Filed.......
22-02-2018
Passport Req..
11-03-2018
You need to show funds , i.e 10,000 CAD for living and be able to pay your fees .
If your fees is being paid i.e you are getting scholarship of 31,000 CAD so you only need to show living expenses .
I guess 7.5 lakhs is well over 10,000 CAD so that's enough .
 

sakgupta33

Member
Jun 1, 2018
12
1
Actually, I got Teaching assistantship, research scholarship... Due to which income during the year will be 31000$... Which will be credited in multiple installments in my account..