Proof of funds for Student visa.

[hussainkestrel]

Hi, I applied for my student visa and it got refused so this time I want to make everything right. I got accepted to University of Waterloo for Computer Science. I am from Pakistan. Previously, we uploaded a four months bank statement which had an average of 4000 cad on average throughout the four months period which is obviously the reason for refusal however in the last month, we sold some property and deposited around 71000 cad in the accounts. Furthermore, my brother was sponsoring me. My questions will be in bold text. This time my father is my main sponsor, he has around 19000 cad on average in his bank account at any moment in his one account and he has 15000 usd in his foreign account that he has created 10 days ago and in the next ten days, we will have around 30000 usd in this account. I will apply for visa on october 10 and till the time they decide on my visa this money in the foreign account will remain untouched. So we would have around 25000 usd in one account with the increasing trend for 2 months and 10 days and 30000 usd for 1 month and 20 days. In addition to that I am showing my fathers investment from which he earns 12000 usd per year. My brother will be my secondary sponsor and his income is around 40000 usd though he doesn't have much money in his bank accounts to show as he is a investor. The documents for the investment will be shown. I will also be giving the first semester fee of 14000 which will include 7000 cad of scholarship. I am also been given a further of 5000 cad scholarship for my second semester. Total scholarship scholarship of 15000 cad out of which 3000 is for the upper years. I will be uploading the bank statement for 4 months out of which the first month wont have much transactions in it and money too as we started reusing the bank accounts after my refusal. Is this enough in your opinion? is there any way else i can meet the POF requirement?

 

[Usama_qasim]

That's very unfortunate... I was in the same situation accepted in UBC Engineering but the total amount wasn't maintained for 4 months. I reapplied after paying my full year tuition and showed further $17,000 in my father's bank account.
It's advised that you pay your first year tuition fee and show the other expenses in your fathers bank account minimum $12,000.
$10,000 for living and $2000 for travelling. And order caips notes to get in detail reason of your refusal.

 

[hussainkestrel]

@Usama_qasim Waterloo wont let me pay the full tuition i guess. They only let us pay 14000 cad but i will ask them to do so. Did you get your visa after you reapplied?

 

[Usama_qasim]

Pay the maximum you can because we are "Pakistanis"and only 33% applications are approved. This will eliminate the bank statement requirements and their doubts on your intention. And it's advised you also give ielts if you are reapplying in October.
No I haven't got my decision yet and will probably delay my studies till January.

 

[hussainkestrel]

I have deferred my admission too. Yes I am giving IELTS on 16th of September.

 

[hussainkestrel]

Hey i want to ask, is this money refundable? The one we pay as tuition if our visa gets refused?

 

[Usama_qasim]

Yes UBC refunds if we drop our courses within 2 weeks of classes starting.

Btw does Waterloo has January intake?
UBC doesn't and they advised me to drop all my term 1 courses and start with term 2 and then complete my term 1 courses in summers.

Ajeeb log hain yeh are we mad we put in so much effort in getting into these top universities and they doubt our intentions and are giving lame excuses.

 

[hussainkestrel]

No they don't. And i can't even complete them in summer due to my coop terms however they have exempted three of my first year courses out of five because of my Alevels result. I agree, i was devastated when i got refused. I thought Waterloo for Computer Science would be enough.

 

[Usama_qasim]

There is nothing enough as Pakistanis we can do to convince them. There is no human nature to this process, just pay your fees show rest in your bank account, upload the sponsorship letter, IELTS, O AND A LEVEL RESULTS AND any property or business docs this time

 

[hussainkestrel]

Thank you for your advice. Yes Waterloo refunds the fee if we ask for it with the first three weeks.