How much bank statement do I need to show if I have paid one year tution fee already?
- Thread starter abdulrehman93
- Start date
Thank you. But do I have to show second year's fee as well in my bank account? Or just I need to pay the whole year's fee and show CAD 10,000 + cost of travelling, in my account when I appear before visa officer?
Senior members please help. I'm afraid i may be denied visa with objection that I have insufficient funds. All I can manage is 30 lacs and after paying the first year's fee I'll be left with just 15 lacs to show to Visa officer.
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From what I understand, the SDS would only require that you pay 1 year fee and a deposit of CAN$10,000 at Scotia bank for the GIC. The purose of the SDS is to simplify the application requirements for students coming from China, India, Philippines and Vietnam. Paying the full first year and a deposit of GIC would show, in principle, that you have enough funds to support your studies. The CAN$10,000 is the estimated cost of living for a student in a year. This link might be of help:
https://www.canadastudynews.com/2018/06/08/canada-announces-student-direct-stream-for-faster-study-permit-processing/
Which College/University are you going? Are you planning to join the January 2019 intake.
Good luck, my friend.
Thank you. But I am not an Indian student. SDS doesn't apply in my case. I am a Pakistani and I have offer from Humber college for 2019 intake. Is there any other member from Pakistan who has a similar case? Can anyone who has applied from Pakistan assist me in this case? Thanks
U dont even need to pay for 2 semesters at once ( 1 year ) , you can just pay for 1 semester and show sufficient funds that u can pay for your next semester and pay for your living expenses.
Why would you send so much money at once to the college when you can pay for it later and keep the money until then.
Thats my personal opinion
I heard it is highly recommend to pay one year's fee in advance as this will enhance visa chances. I am just trying to know someone's thought on how much bank statement should I maintain? Considering my course is of 2 years and yearly fee is around 15 lacs.
It's just a myth tbh with you , if you have sufficient funds in your banking accounts then don't really need to worry
In order to get your LOA you only need to pay for 1 semester but if you have enough money and you don't care about pre-paying for your tuitions then go for it but its not necessary for study permit to pay for 2 semesters at once
Ok. And is it necessary to have second year's fee in your bank account when your appear before visa officer?
I think you only need to show proof for 1 year but then you need to have a sponsor to support you for your 2nd year
So that means if my mother is sponsoring me, all I need is an affidavit of her stating that she'll be sponsoring my studies, right?
Do I need to show her bank account statements as well?
What if I have transferred all the money to my account? And I can't show her statements anymore?
Also, can the company I am currently working in, sponsor my studies or it's just the blood relations?
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