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Leo_Frei

Newbie
Nov 28, 2019
3
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The rules (or guidelines?) states that, for all non-Quebec provinces, students need a minimum of $10k per year available to them.

Let's say I apply for a decent (but not top rated) university in an inexpensive area to live in for a 2 year diploma. If I have any less than 20k CAD sitting in my bank account would I be immediately rejected? Is 20k even enough? I heard that job offers don't count towards the likelihood of me financing my stay.

What can I do and how much should I have to not get vetoed for lack of funds? Here's what I "understand" of my options:

Bursary:
I don't know how eligible I am for it and have no idea what's the success rate for applying to one.

Scholarship: I'm getting my bachelor's in Economics this December (from my home country of Brazil), my university is mid-tier even for Brazilian standards and I'm no academical prodigy (about 3.5 GPA but that's probably peanuts when converting to Canadian standards).

Loans: As far as I know the government ones are not available to international students and doing one with a foreign bank scares me because zero guides actively recommended it.

Co-op: I don't get this one... Is this offered by the government, the college, or it depends? I'm used to 60h work weeks + 4h daily commutes so I would study and work however many hours are necessary.

The only thing I got going for me is my 1,5 years of experience in banking and Big Four Accounting. I'm also 23 years old, in Brazilian middle-class and have no disabilities if that matters for anything.
 
The rules (or guidelines?) states that, for all non-Quebec provinces, students need a minimum of $10k per year available to them.

Let's say I apply for a decent (but not top rated) university in an inexpensive area to live in for a 2 year diploma. If I have any less than 20k CAD sitting in my bank account would I be immediately rejected? Is 20k even enough? I heard that job offers don't count towards the likelihood of me financing my stay.

What can I do and how much should I have to not get vetoed for lack of funds? Here's what I "understand" of my options:

Bursary:
I don't know how eligible I am for it and have no idea what's the success rate for applying to one.

Scholarship: I'm getting my bachelor's in Economics this December (from my home country of Brazil), my university is mid-tier even for Brazilian standards and I'm no academical prodigy (about 3.5 GPA but that's probably peanuts when converting to Canadian standards).

Loans: As far as I know the government ones are not available to international students and doing one with a foreign bank scares me because zero guides actively recommended it.

Co-op: I don't get this one... Is this offered by the government, the college, or it depends? I'm used to 60h work weeks + 4h daily commutes so I would study and work however many hours are necessary.

The only thing I got going for me is my 1,5 years of experience in banking and Big Four Accounting. I'm also 23 years old, in Brazilian middle-class and have no disabilities if that matters for anything.

You need 1 year of tuition plus 10K in your bank statement. For instance if tuition is 15K per year, then plus 10K, you should have 25K minimum in bank account.
 
The rules (or guidelines?) states that, for all non-Quebec provinces, students need a minimum of $10k per year available to them.

Let's say I apply for a decent (but not top rated) university in an inexpensive area to live in for a 2 year diploma. If I have any less than 20k CAD sitting in my bank account would I be immediately rejected? Is 20k even enough? I heard that job offers don't count towards the likelihood of me financing my stay.

What can I do and how much should I have to not get vetoed for lack of funds? Here's what I "understand" of my options:

Bursary:
I don't know how eligible I am for it and have no idea what's the success rate for applying to one.

Scholarship: I'm getting my bachelor's in Economics this December (from my home country of Brazil), my university is mid-tier even for Brazilian standards and I'm no academical prodigy (about 3.5 GPA but that's probably peanuts when converting to Canadian standards).

Loans: As far as I know the government ones are not available to international students and doing one with a foreign bank scares me because zero guides actively recommended it.

Co-op: I don't get this one... Is this offered by the government, the college, or it depends? I'm used to 60h work weeks + 4h daily commutes so I would study and work however many hours are necessary.

The only thing I got going for me is my 1,5 years of experience in banking and Big Four Accounting. I'm also 23 years old, in Brazilian middle-class and have no disabilities if that matters for anything.

You need to show first year tuition + $10,000 to be approved. If you have less than that, refusal is guaranteed.

Job offer is meaningless and doesn't in any way factor into the above. Bursaries are almost always reserved for domestic students. Same for scholarships although some may be available to international students at post graduate levels (you would have to inquire with the university directly). You can't get a loan from a Canadian bank - you would need to get one from your home country. Similar to a job offer, co-op is irrelevant to this conversation.