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vignesh arulmani

Full Member
May 19, 2019
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Hi
I paid first term fees for my 2 years course and my agency says it. At the same time, I have shown 20 lack mutual fund. Is it good for visa?
 
Last edited:
Hi
I paid first term fees for my 2 years course and my agency says it. At the same time, I have shown 20 lack mutual fund. Is it good for visa?

Mutual fund is not a liquid source of funds. For best chance of visa approval, your funds should be liquid (cash, savings in bank etc)
 
And also i have showed three years. It my others fund like FD and account balance.

You don't need to make it very complicated.

You need to show you have liquid funds for your tuition fees for the entire duration of the program and you have 10,000 CAD for living fees if you are studying outside Quebec province. and 11,000 in you are applying to an institution in Quebec province.

If you have paid tuition fees, you can reduce that amount from your proof of funds and include the fees receipt. The source of funds can be multiple sources, however things like property, mutual funds, FD are not given as much weightage as cash and bank balance.
 
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You don't need to make it very complicated.

You need to show you have liquid funds for your tuition fees for the entire duration of the program and you have 10,000 CAD for living fees if you are studying outside Quebec province. and 11,000 in you are applying to an institution in Quebec province.

If you have paid tuition fees, you can reduce that amount from your proof of funds and include the fees receipt. The source of funds can be multiple sources, however things like property, mutual funds, FD are not given as much weightage as cash and bank balance.
isn't GIC and 1st year fees enough for visa?
 
You don't need to make it very complicated.

You need to show you have liquid funds for your tuition fees for the entire duration of the program and you have 10,000 CAD for living fees if you are studying outside Quebec province. and 11,000 in you are applying to an institution in Quebec province.

If you have paid tuition fees, you can reduce that amount from your proof of funds and include the fees receipt. The source of funds can be multiple sources, however things like property, mutual funds, FD are not given as much weightage as cash and bank balance.
I have paid GIC and first term fees.
 
I not working person but I have three years IT and other funds. Moreover, it ok pay first tram fees or i need to pay one year fees.

for general you only need to pay first term fees. Working person or not you need to show liquid funds. The only exception to liquid funds is education loan.
 
You only need to show 1 year fees plus 10,000 not full program fees. For non sds fee payment is not required.