12/12/2023
Starting January 1, 2024, the cost-of-living financial requirement for study permit applicants will be raised to ensure that international students are better prepared for life in Canada. This threshold will be adjusted each year, similarly to other immigration programs. Learn more: https://lnkd.in/gzKSc6GT
For 2024, a single applicant will need to show they have $20,635 in addition to their first year of tuition and travel costs. This change will apply to new study permit applications received on or after January 1, 2024.
https://www.canada.ca/en/immigration-refugees-citizenship/news/2023/12/revised-requirements-to-better-protect-international-students.html