Visa Refused under SPP

[DavidODes]

Hi,

I applied for Student visa for Sept 2012 intake but got refused saying that my loan amount is less than 80% of tuition fees + living expense in canada. I have already paid first year fees to college (since i paid it seperately, i have different receipts for each semester, which i submitted for visa) and showed education loan of 5.5lakhs. Can anyone please tell me why it got rejected?

Ielts 7.5 (L-9, R-7.5, W-6.5, S-6.5)

Is it a mistake of Visa Officer?

Thanks,
David

 

[sikhsingh]

dude ppl r getting rejected after showing 8-9 lakh rs loan and u r expecting visa on loan of 5.5 lakh. in my view u got rejected only coz of ur insufficient loan

 

[emmaco]

paying 1 year tuition fee is just small parts of being financially strong, the VO is particularly interested on how you got the money and subsequent payments, that's when the source of your income plays the major role. someone who is going for a course rather than Masters or Phd should make their parents as a sponsors or close relatives who is gainfully employed.

 

[DavidODes]

dude ppl r getting rejected after showing 8-9 lakh rs loan and u r expecting visa on loan of 5.5 lakh. in my view u got rejected only coz of ur insufficient loan

@ sikhsingh : how can u say that.?? I know ppl who got student visa, after paying first year fees directly to college and showing loan of just 5.4 lakhs!! Infact both of our application went on the same day! Per my knowledge, VO just need to see an education loan of $8,000 (which is equal to 4.5 lakhs INR approx.), if we pay the tuition fees directly to college.

 

[OCEANDRIVE]

@ sikhsingh : how can u say that.?? I know ppl who got student visa, after paying first year fees directly to college and showing loan of just 5.4 lakhs!! Infact both of our application went on the same day! Per my knowledge, VO just need to see an education loan of $8,000 (which is equal to 4.5 lakhs INR approx.), if we pay the tuition fees directly to college.

Hi

Copy of an Educational Loan from an Indian Chartered Bank equivalent to at least 80% of tuition +living + travel expenses for one academic year (normally, first year’s tuition, unless already paid, plus $8000). Is a must

Let me explain
If your tuition fees is 12000 for one year you must show a loan of at least 80% of

12000+ 10000+ 2000= 24000 80% of 24000 is 19200CADX 53Rs= 10,17600 INR It cannot be less than this amount even if you have paid the first term fees

any one can get a loan of 4.5 lakhs without collateral securities or guarantees, by getting a loan higher than 10 lakhs for which you require collaterals , you can establish that you are financially stable in your country.

(normally, first year’s tuition, unless already paid, plus $8000 let me make sense of this

after you have taken a loan of 80% and paid the first year tuition from the loan then you need to show only 8000 CAD from what ever is left over from your loan amount.

Now 80% of the loan is a must but that's not the only determining factor is getting a Visa, your overall profile also must be good.

If you do not have a loan of 80% they still process the application but it is processed under as a general applicants profile.

In your case your friends profile may have been presumably a notch upper than yours

 

[DavidODes]

Its clearly mention in the checklist that Copy of an Educational Loan from an Indian Chartered Bank equivalent to at least 80% of tuition +living + travel expenses for one academic year (normally, first year's tuition, unless already paid, plus $8000)

This means, whatever fees (first semester, or first year fees), you pay to college, you can deduct it from the loan amount. My experience is a clear example.

You know what, I got my Visa yesterday. Loan amount 5.5 lakhs.

 

[emmaco]

congrats mate, did you include any other docs.? or re-applied with same docs.

 

[rishavjal]

Hey Friends. This is Rishav Malhotra from Jalandhar..I also got my Visa refused a week back on basis of did not satisfied VO that i will return back to India and purpose of visit. I want to reapply in 2-3 days should i include some additional doc.
My profile

IElTS- 7 OA. l-8.5, R-8, S-6, W-6
Course- Computer System Technology Networking At Centennial College
Loan Letter of 10 lakh against fd

Any suggestions friends ...........??

 

[RNK]

@rishav did u apply under spp?

 

[rishavjal]

@ RNK ...Yeah Dude. I did apply under Spp...!

 

[RNK]

if u have taken up a loan against property you would have got ur visa with in 4 days!!! bcoz a loan with property as security shows that ur well settled in ur country............

 

[RNK]

in your case prepare a copy of all ur property and even get it valuated by a CA ,,,this may increase ur chances

 

[rishavjal]

i have property evaluation ready....and was going for CA report. but my consultants said those are not required. . But now i am definately going to add these doc.

 

[OCEANDRIVE]

Its clearly mention in the checklist that Copy of an Educational Loan from an Indian Chartered Bank equivalent to at least 80% of tuition +living + travel expenses for one academic year (normally, first year's tuition, unless already paid, plus $8000)

This means, whatever fees (first semester, or first year fees), you pay to college, you can deduct it from the loan amount. My experience is a clear example.

You know what, I got my Visa yesterday. Loan amount 5.5 lakhs.

Once again you got your visa under GENERAL with 5.5 lakhs and not under SPP, in fact you were rejected under SPP for not having 80% loan.
Don't confuse the forum
and in general a loan is not a must but highly recommended

 

[DavidODes]

Once again you got your visa under GENERAL with 5.5 lakhs and not under SPP, in fact you were rejected under SPP for not having 80% loan.
Don't confuse the forum
and in general a loan is not a must but highly recommended

I got under general, but my friend got visa for 5.5 lakhs loan under SPP, by paying first year fees to college. If your point is valid, how does that happen? In both SPP and General checklist, the 'proof of funds' criteria is the same.