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Nov 13, 2016
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I'm thinking about studying in Canada, and one of the things you need to show in order to get a student permit is that you have financial support of $10,000+tuition.

One of the ways to demonstrate this is by showing your bank account statements from the past 4 months, I believe, or have a letter from a sponsor and show their bank statements. Currently, I don't have enough money and neither do my parents. However, we may be able to get a few loans from different people. If this happens, then we would deposit the money in my parents' account most likely and then they'd act as my sponsors.

Essentially, the officers looking at the bank statements would see an account with not enough money for over 3 months and then suddenly a huge amount of money deposited in the last month with enough to cover me. My question is, would the officers looking at my documents find this suspicious and have reason enough to reject my application? Do they want someone that not only has enough money, but that they consistently have the same amount of money in their bank account?

P.S.: I know that the simplest way to avoid this conundrum would be to get one of the people loaning us the money to be my sponsor. Unfortunately, we don't know anyone with this much amount of money, so we'd be getting loans from a couple of people if this was possible.
 
Hi, what I did was: My grandfather, mummy, pappa and uncle provided funds which together accounted to 16 lakh INR
I deposited the money as fixed deposit and took Loan against FD (14.4 lakh rupee)
Making those people ur sponsors would involve complicated paper work
Apply this way...I got my visa without any problems... (Category: University)