POF query

[Mat_M]

In two months time when I submit my eAPR, I can provide a letter from my bank indicating my balance to date as $16,500 and 6 month average as $12,250. Since I have a family of 2 I need around $15,200. To explain why my 6 month average is lower than current balance, I can also provide a letter from my university (my offer letter dating back to 2 years ago) indicating that I got about $16,500 in scholarship in the beginning of spring 2017 semester (January or February 2017). Do you think the bank letter and the university letter along with my explanation will be sufficient for CIC?

 

[can_indian]

They just want to know what is your 6 month average. you don't need to explain why it is lower than your current balance.
If your average balance is lower than current balance that means you have acquired some funds in last 6 months.

You may have to explain how you have acquired such fund in short time period.

Some people sell their property/gold/car and acquire funds after getting ITA. They just need a proof of that. They want to know that the amount of fund you have is yours and not anyone else. They just want to make sure that the funds are legally yours and you haven't borrowed it from any person to whom you may give it back after getting your PR in the future.

 

[Mat_M]

They just want to know what is your 6 month average. you don't need to explain why it is lower than your current balance.
If your average balance is lower than current balance that means you have acquired some funds in last 6 months.

You may have to explain how you have acquired such fund in short this short time period.

Some people sell their property/gold/car and acquire funds after getting ITA. They just need a proof of that. They want to know that the amount of fund you have is yours and not anyone else. They just want to make sure that the funds are legally yours and you haven't borrowed it from any person to whom you may give it back after getting your PR in the future.

Thank you! Yes I see. I acquired $16,500 (before tax) this February as an installment of my scholarship. That is why I want to include a letter from my university (my offer letter dating back to 2 years ago) indicating that I got about $16,500 in scholarship in the beginning of spring 2017 semester (January or February 2017). My question is if this letter will be sufficient along with the bank letter?

 

[can_indian]

Thank you! Yes I see. I acquired $16,500 (before tax) this February as an installment of my scholarship. That is why I want to include a letter from my university (my offer letter dating back to 2 years ago) indicating that I got about $16,500 in scholarship in the beginning of spring 2017 semester (January or February 2017). My question is if this letter will be sufficient along with the bank letter?

I believe it will be sufficient. Provide them with the phone number/address of the department/office (of the college/organization) which handles scholarships. So in case if they want to inquire more about it, they can call/visit them.

 

[omarkhan]

I wonder if my 6 month's average is lower than the sudden huge amount of money that my father gifts to me is alright if I have a gift deed from my father. Or lets say I sell my car, and have the requisite amount in my account at the 11th hour, but can prove that the money is mine, either by selling my car or by receiving it as a gift from my father? I hope that is going to be alright with the VISA officer?

 

[can_indian]

I wonder if my 6 month's average is lower than the sudden huge amount of money that my father gifts to me is alright if I have a gift deed from my father. Or lets say I sell my car, and have the requisite amount in my account at the 11th hour, but can prove that the money is mine, either by selling my car or by receiving it as a gift from my father? I hope that is going to be alright with the VISA officer?

Gift deed is the best way to go. If your father can gift you the needed amount, don't sell your car. Check out the below thread, It is very helpful.

http://www.canadavisa.com/canada-immigration-discussion-board/sep-18-draw-17-itas-candidates-connect/-t349224.0.html

 

[omarkhan]

Gift deed is the best way to go. If your father can gift you the needed amount, don't sell your car. Check out the below thread, It is very helpful.

http://www.canadavisa.com/canada-immigration-discussion-board/sep-18-draw-17-itas-candidates-connect/-t349224.0.html

That sounds great! Deed it is then. Thanks a lot can_indian.

 

[Mat_M]

I believe it will be sufficient. Provide them with the phone number/address of the department/office (of the college/organization) which handles scholarships. So in case if they want to inquire more about it, they can call/visit them.

This information is all included in the letter. Thank you!

 

[can_indian]

This information is all included in the letter. Thank you!

Than you are good to go.