Student:Proof of Funds - Expert Advice please

[UBC 2017]

I am joining a university next September, by then I would be 17 years old.
Current Situation :
Parents will fund my studies.
Parents jointly own 2 houses
University annual Fee :CAD $ 47,000
Father's Current account balance: CAD $ 60,000
The Plan

Provide letter letter from parents' foe support for study funding.
Provide Salary certificates/Payslips for father
Provide 4 month's statement for father's account
Provide deeds showing ownership of 2 houses by parents.
OR is it better to have the tuition and living costs in a fixed deposit under my name?
Any thing else I can add ?
Appreciate any help from experts , I really want this to be done properly.

 

[kapatid]

I am joining a university next September, by then I would be 17 years old.
Current Situation :
Parents will fund my studies.
Father's annual income: CAD $ 159,883
Parents jointly own 2 houses
University annual Fee :CAD $ 47,000
Father's Current account balance: CAD $ 60,000
The Plan

Provide letter letter from parents' for support for study funding.
Provide Salary certificates/Payslips for father

Provide 4 month's statement for father's account
Provide deeds showing ownership of 2 houses by parents.
OR is it better to have the tuition and living costs in a fixed deposit under my name?
Any thing else I can add ?
Appreciate any help from experts , I really want this to be done properly.

If you want it to be done properly then you should have hired an immigration consultant.
For peace of mind.
The letter from your parents should in affidavit.

 

[UBC 2017]

If you want it to be done properly then you should have hired an immigration consultant.
For peace of mind.
The letter from your parents should in affidavit.

Thanks for the reply , might consider this option , but I am looking for user's experiences, I am sure hundreds of people in this forum went through this and it's good to hear there stories and what worked for them.

 

[UBC 2017]

Which combination is better:
1. Fixed deposit into my account + financial status of parents
2. Financial status of parents.
Thanks in advance.

 

[macIndia]

I would recommend you go by having

• GIC
• Bank Statements above $20K
• Sponsorship certificate
• Education Loan for your studies (Important)

Also, do not forget the custodianship declaration as you would only be 17 on the date of your application.

 

[macIndia]

Also, you would be paying first semester or first year tuition fee, that also would be counted towards POF in your application.

 

[UBC 2017]

I would recommend you go by having

• GIC
• Bank Statements above $20K
• Sponsorship certificate
• Education Loan for your studies (Important)

Also, do not forget the custodianship declaration as you would only be 17 on the date of your application.

Thanks for the reply
Custodianship already done , however I have some doubts:

• GIC: what does this stand for?
• Bank Statements above $20K: existing at $60k
• Sponsorship certificate: under process
• Education Loan for your studies (Important): not existing , why it is important?

Appreciate your assistance