Proof of funds for student visa

[jjlucas]

Hello all!

Hope you guys can help me.

My wife has been accepted to an university in Canada, and now we are in the process of VISA. She will have her Student visa, and I will apply for my open work permit.

Thing is, we have in our hands about 30k canadian dollars in the bank. Which would be more than enough since her first semester will cost about 12k, and our yearly living cost for about 14k (almost 30k dollars)

However, mind you that the cost of 12k is for the SEMESTER, not a yearly cost as the living YEARLY cost.

Would the visa officer request the first tuition to be paid yearly, or the first semester paid + yearly living cost would be enough as Proof of funds?

Thank you very much in advance!

 

[scylla]

Based on what you've written, you don't have enough for the study permit to be approved.

Proof of funds have to cover first year tuition + living expenses. So you need to have at least $38K to be approved (12+12+14).

 

[jjlucas]

Based on what you've written, you don't have enough for the study permit to be approved.

Proof of funds have to cover first year tuition + living expenses. So you need to have at least $38K to be approved (12+12+14).

I thought so too, until I saw the reply of Nileshkaka on the thread:

https://www.canadavisa.com/canada-immigration-discussion-board/threads/how-much-do-i-need-to-show-to-convince-the-visa-officer.168196/

 

[jjlucas]

Based on what you've written, you don't have enough for the study permit to be approved.

Proof of funds have to cover first year tuition + living expenses. So you need to have at least $38K to be approved (12+12+14).

From what the user Nileshkaka wrote, you'll only have to pay for the first tuition (not matter if sem or yearly) and have proof of funds for a year...

 

[scylla]

From what the user Nileshkaka wrote, you'll only have to pay for the first tuition (not matter if sem or yearly) and have proof of funds for a year...

You're quoting a post that's over four years old.

If you pay first semester tuition, then CIC expects you to have POF to cover second semester tuition + living expenses. I'm sure some have gotten lucky. But the norm is to refuse if you can't demonstrate sufficient funds to cover first year tuition + living expenses.

 

[jjlucas]

You're quoting a post that's over four years old.

If you pay first semester tuition, then CIC expects you to have POF to cover second semester tuition + living expenses. I'm sure some have gotten lucky. But the norm is to refuse if you can't demonstrate sufficient funds to cover first year tuition + living expenses.

ok, I understand. Will have to sell some of my stuff I was unwilling to sell.

Thank you Scylla!

 

[zeebah]

ok, I understand. Will have to sell some of my stuff I was unwilling to sell.

Thank you Scylla!

All the best!

 

[Nujaya]

I got the offer from the college and planning to sell my car go arrange finance.
just the required amount in our a/c for 4 months is sucficient or does we have to show thw viaa office thw source of funds like where we got it or is it accumilated wealth.