+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Proof of funds for International students

Surag

Member
Jan 10, 2018
15
2
Hello ,

Please note i intend to do a 2 year course the total fees is around 21, 395 $ and yearly the fees is approx 13510$ so my query is what is the total amount to be shown as POF to the Visa officer . Can we show instead on cash house property in our name to the visa officer .

Thank you
Suraj
 

PMM

VIP Member
Jun 30, 2005
25,494
1,947
Hi

Hello ,

Please note i intend to do a 2 year course the total fees is around 21, 395 $ and yearly the fees is approx 13510$ so my query is what is the total amount to be shown as POF to the Visa officer . Can we show instead on cash house property in our name to the visa officer .

Thank you
Suraj
1. You will need to show about $27K, first year tuition and 10K living expenses, 2K travel. No, it has to be cash, you can't pay tuition fees with a piece of property.
 
  • Like
Reactions: dap87

Surag

Member
Jan 10, 2018
15
2
Thank you for the reply

Can we have show like half the amount in our name like Eg if the total cost in 40 Lakh INR 20 lakh Rs in my name , balance 10 lakh from student loan or bank & remaining my brother or uncle giving the amount like gift deed . Is it possible .
 

Craigy

Member
Feb 13, 2018
10
0
My wife was told to provide the same "Proof of funds" letter that was used to secure the study permit. If it was good enough to secure the study permit, then it should be good enough to use at your port of entry; and by the way, the letter was of funds in a bank account.
 

Craigy

Member
Feb 13, 2018
10
0
In re-reading your post, are you asking about proving funds for the study permit application or when entering Canada to take up the study permit?
 

Craigy

Member
Feb 13, 2018
10
0
A). Study Permit application:
You must show via documents that you have at least the full 1st yr tuition + CAD$10,000. Your proof of this sum can be:
  1. Recent bank statement(s) in your name.
  2. Recent bank statement(s) of relatives who will be funding your international study expenses + Notarized letter from the parent/guardian/individual/organization who will be funding your study.
NB: See link - https://www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/prepare/get-documents.html


B). Taking up Canadian study permit:

Walk with the study permit application approval documents supplied to you by CIC, as well as the following documents as they were used in your study permit application:
  1. Police Certificate
  2. Medical Exam form/sheet
  3. Letter of Acceptance from school & tuition payment receipt (if you have already paid any part of the tuition)
  4. Proof of funds letter/package
NB: See link - https://www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/prepare-arrival.html

Good luck!!
 

camilacris17

Newbie
Nov 9, 2016
2
2
Hello.

I’m applying for a study permit on a 2-year program, which total tuition is $31,000 ($16,000 each year). I know that we have to show the $10,000 for personal expenses.

What the CIC doesn’t make clear is how much of the tuition fee we have to prove. Is it the full tuition (in my case 32K) or just the first year (16K).

Can someone help with this subject?
 

scylla

VIP Member
Jun 8, 2010
92,917
20,532
Toronto
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
28-05-2010
AOR Received.
19-08-2010
File Transfer...
28-06-2010
Passport Req..
01-10-2010
VISA ISSUED...
05-10-2010
LANDED..........
05-10-2010

scylla

VIP Member
Jun 8, 2010
92,917
20,532
Toronto
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
28-05-2010
AOR Received.
19-08-2010
File Transfer...
28-06-2010
Passport Req..
01-10-2010
VISA ISSUED...
05-10-2010
LANDED..........
05-10-2010
No, actually $15000 but I am already in Canada I did an inland application
If your first year tuition is $15K, you need to show a bank balance that covers this tuition and $10K in living expenses - so you would need to show at least $25K to be approved for a study permit.

Note that there is no inland study permit application. You either have to apply through the visa office responsible for your home country or through a visa office in the US.
 

Youressence

Full Member
Feb 19, 2018
38
1
If your first year tuition is $15K, you need to show a bank balance that covers this tuition and $10K - so you would need to show at least $25K to be approved for a study permit.

Note that there is no inland study permit application. You either have to apply through the visa office responsible for your home country or through a visa office in the US.
I will be living with family

And I email the VAC location in Los Angeles and they told me that’s where I should send the documents seeing that I’m already in the county
 

scylla

VIP Member
Jun 8, 2010
92,917
20,532
Toronto
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
28-05-2010
AOR Received.
19-08-2010
File Transfer...
28-06-2010
Passport Req..
01-10-2010
VISA ISSUED...
05-10-2010
LANDED..........
05-10-2010