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FUNDS confusion for Study Permit

majidqayyum

Star Member
Feb 18, 2013
79
1
Riyadh, Saudi Arabia
Category........
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App. Filed.......
13-07-2014
IELTS Request
Submitted with application (Overall 6.5 band) no less than 6
File Transfer...
14-07-2014
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05/08/2014
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26/08/2014
Hi all,

I would like to ask you regarding the Availability of the sufficient funds in order to secure the Study Permit.

My first year tuition fee + Living Cost + Travelling + Misc. Costs accumulates around 32,000 CAD.

My father will be sponsoring me for My Master's Program.

My father has investments in the Stock market around 100,00 CAD, is it okay if he sells his shares worth 40,000 CAD in order to get that money to his account ?

Could my father be able to show this money as the required funds ?

Your kind reply will be highly appreciated.

Thank you.

Majid

Carleton University (Accepted): M.Eng (Electrical and Computer Engineering) - Fall 2014
 

majidqayyum

Star Member
Feb 18, 2013
79
1
Riyadh, Saudi Arabia
Category........
Visa Office......
Riyadh (Paper Based Application)
Job Offer........
Pre-Assessed..
App. Filed.......
13-07-2014
IELTS Request
Submitted with application (Overall 6.5 band) no less than 6
File Transfer...
14-07-2014
Med's Request
Waived off
Interview........
Waived off
Passport Req..
Submitted with application
VISA ISSUED...
05/08/2014
LANDED..........
26/08/2014
@propain

i didn't get you. If he transfers this money from his investments and shows his current accounts balance alongwith the statement for both the accounts (INvestment and current) to show the proof funds. Will this be fine ??