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Funds for a study permit visa

Dermaiii

Member
Sep 12, 2018
16
0
Hello everybody
In the coming days I'll be applying for a study permit. Planning on studying in memorial university, NL. My sponsor's bank account has about 20500 CAD. He earns about 12k to 14K CAD a month.
My question is, are these funds enough for me to satisfy the requirements when it comes to finances?