09/01/2026
🇨🇦 CANADA STUDY PERMIT — PROOF OF FUNDS UPDATED STARTING 1st SEPTEMBER 2026🎓💰
Planning to study in Canada? Before applying for your Study Permit, you must demonstrate that you have sufficient financial resources to support your studies and stay in Canada.
💰 WHAT DO YOU NEED TO SHOW?
Your financial capacity should cover:
🎓 Tuition fees
🏠 Living expenses
✈️ Transportation to and from Canada
👨👩👧👦 Expenses for accompanying family members, if applicable
📌 LIVING EXPENSE REQUIREMENT
For applications made on or after September 1, 2026, outside Quebec:
1 person — $23,448 CAD/year
2 people — $29,192 CAD/year
3 people — $35,888 CAD/year
4 people — $43,572 CAD/year
⚠️ These amounts are for living expenses only and do NOT include tuition or transportation costs. IRCC updates these amounts annually. (Canada)
📄 POSSIBLE FINANCIAL DOCUMENTS
Depending on your circumstances, financial support may be demonstrated through documents such as:
• Bank statements
• Guaranteed Investment Certificate (GIC)
• Proof of tuition payment
• Education loan documentation
• Scholarship or funding letters
• Other acceptable evidence of financial support
IRCC assesses whether you have enough money to pay for your studies, living expenses and transportation. (Canada)
🇨🇦 Need professional immigration advice?
Parmvir Singh, RCIC
RCIC License No. R711808
Saskatchewan FWRISA Lic. No. 001151
📞 306-203-4708
💬 WhatsApp Only: 587-277-9000
Western Leaf Immigration Corporation
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Information provided for general educational purposes. Immigration requirements may change. Always verify the latest requirements with IRCC.
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