Quieries regarding student visa

[Fabiha1001]

Hello! My mother is going to sponsor me for student visa. She has security shares that she wants to sell to make it liquid money in the account. Does that money needs to be 3months old? And if she transfer money from one of her bank account to another does that needs to be 3months old too? Please help!

 

[Impatient Dankaroo]

Yes, the bank statement should show a stable balance for the last 3-4 months. Any recent deposit (by itself) causes suspicion of borrowing money from friends/family for visa purposes. To counter this you can always pay your tuition in full and have the 12K in your bank balance for cost of living

 

[jigzyy]

First thing first, what category are you thinking to apply in, SDS or non-SDS. Financial situation changes depending on this.

 

[Fabiha1001]

What is SDS?

 

[jigzyy]

What is SDS?

Student Direct Stream.. To apply in this category, you have to be in 1 of 7 countries qualified for SDS (including India, Pakistan), $10,000 GIC deposit in Canada, first year tuition paid, have done biometrics (or upfront), have upfront medical before the application is submitted. More of SDS is available here: https://www.canada.ca/en/immigratio...anada/study-permit/student-direct-stream.html