Title. We just sold our house here in Sri Lanka, worth around 30,000 CAD.
I have an offer letter from a college in Canada, starting January 2023, and the first year tuition is 12,000CAD and1st year living expensesis an estimated 13,000CAD. This totals to 25,000CAD, and like I mentioned above, I have around 30,000CAD + around another 10,000 CAD, so 40,000 CAD in total.
My parents just opened a Fixed Deposit a week ago with that 40,000 CAD. Since an FD technically guarantees funds for a fixed period of time, do I still have to show the funds for a period of 4 months? I don't mind it, but I really don;t wanna defer a semester.
Sorry if this is the wrong place to ask, really want to know.
I have an offer letter from a college in Canada, starting January 2023, and the first year tuition is 12,000CAD and1st year living expensesis an estimated 13,000CAD. This totals to 25,000CAD, and like I mentioned above, I have around 30,000CAD + around another 10,000 CAD, so 40,000 CAD in total.
My parents just opened a Fixed Deposit a week ago with that 40,000 CAD. Since an FD technically guarantees funds for a fixed period of time, do I still have to show the funds for a period of 4 months? I don't mind it, but I really don;t wanna defer a semester.
Sorry if this is the wrong place to ask, really want to know.