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Proof of Income

withj0y

Newbie
Apr 1, 2011
2
0
Hi, I am a mature student from Singapore,

I am looking at going for undergrad education at Canada, the program will last for 4 years and the course fee is approximately 14K CAD. I did my reading up and understand that I require: Tuition Fee + Living Expenses, it will total up to around 25K CAD. Or rather 30k CAD rounding up.

My question, is 30K CAD all that I need to show? or do I need to show up to 120K CAD as a proof because my course will be 4 years long. I have some agents in Singapore suggesting I need to have 100K CAD in my bank account before I can get any approval or optionally having a financial sponsor like my parent's tax statement to back up my financial capability. 100K CAD is alot of money and I am having a hard time thinking of how to come up with that sum, so I want to make sure the agent is getting her facts right in this matter.

I really need to clarify this fast. Thanks.
 

PMM

VIP Member
Jun 30, 2005
25,494
1,950
Hi

withj0y said:
Hi, I am a mature student from Singapore,

I am looking at going for undergrad education at Canada, the program will last for 4 years and the course fee is approximately 14K CAD. I did my reading up and understand that I require: Tuition Fee + Living Expenses, it will total up to around 25K CAD. Or rather 30k CAD rounding up.

My question, is 30K CAD all that I need to show? or do I need to show up to 120K CAD as a proof because my course will be 4 years long. I have some agents in Singapore suggesting I need to have 100K CAD in my bank account before I can get any approval or optionally having a financial sponsor like my parent's tax statement to back up my financial capability. 100K CAD is alot of money and I am having a hard time thinking of how to come up with that sum, so I want to make sure the agent is getting her facts right in this matter.

I really need to clarify this fast. Thanks.
1. You only have to show the first years tuition plus $10K for living expenses + costs of travel.