Hi everyone,
Hope everyone's doing great. I'm in the middle of applying for student permit for Winter 2021. Just wanted how much fund do I need to show in case I have been given financial assistance.
My overall tuition+administration+student union+medical/dental insurance (offered by university) is CA$ 12,945.
I have been awarded financial support/funding of CA$ 17,000 per year by the department. My letter of acceptance states this amount being guaranteed for first year and normally renewable for second year as well (my course is a two years masters).
I know that applicant need can show GIC of CA$ 10,000 covering living expenses for the first year.
My queries are:
- How much funds do I have to show considering the financial assistance given by the university?
- Do I have to purchase GIC of CA$10,000 twice because the proposed course of studies is 2 years?
- Do I have to just show tuition fee and not the other fees (administration/medical/dental insurance fee)?
Thank you very much for your help in this case.