Proof of funds (Tuition fee+10,000 CAD+Air Ticket) minus Fee for LOA

[sheikh.abaz]

Hi everyone,

I have applied for Project Management in Durham College. This program is of 1 year and the total fee is 15,000 CAD. Which means i must have 15,000(Fee)+10,000(Living expenses)+2000(Air Ticket) = 27,000 CAD in my account. Now, after getting acceptance letter, the college has asked me to pay 8000 CAD in order to reserve the seat and get LOA. If I pay this, the amount in my bank account will come down to (27,000 - 8000) = 19000 CAD. Will that be an issue while applying for study permit? Because the POF requirement will not be met as I would have paid half of the tuition fee. Please guide

 

[selvakk]

Hi everyone,

I have applied for Project Management in Durham College. This program is of 1 year and the total fee is 15,000 CAD. Which means i must have 15,000(Fee)+10,000(Living expenses)+2000(Air Ticket) = 27,000 CAD in my account. Now, after getting acceptance letter, the college has asked me to pay 8000 CAD in order to reserve the seat and get LOA. If I pay this, the amount in my bank account will come down to (27,000 - 8000) = 19000 CAD. Will that be an issue while applying for study permit? Because the POF requirement will not be met as I would have paid half of the tuition fee. Please guide

You have to give receipt of payment of the fees so they will know that you have paid for half your tuition fees.

 

[sheikh.abaz]

And should we have the required amount in the bank only while applying for Study permit or is it important to have complete amount in the account for last 4 months?

 

[selvakk]

And should we have the required amount in the bank only while applying for Study permit or is it important to have complete amount in the account for last 4 months?

I don't know about that, I haven't researched that much since I am going to apply with SDS and take a bank loan.