How much money do I need to show for a Canadian study permit?
You show your first year’s tuition and travel, plus a set amount for living costs. For one student outside Quebec that living amount is currently C$23,448 (about ₹15.9 lakh) a year. Proof can be a GIC, bank statements, an education loan or a scholarship letter. Quebec has its own rules, so check IRCC first.
"The number keeps changing. How will we ever keep up?"
IRCC publishes the figure openly. Check it once, plan a little above it, and you are ready.
- 1Check IRCCCurrent living amount
- 2Add tuitionFirst year, from your letter
- 3Choose proofGIC, statements, loan, scholarship
- 4Upload clearlyReadable, named, complete
Accepted kinds of proof (per IRCC)
- A Guaranteed Investment Certificate (GIC) from a participating bank.
- Bank statements for the past months.
- An education loan letter from a bank.
- Proof that tuition is already paid, or a scholarship letter.
- A letter from a supporting person, with their relationship and support amount.
Canada funds checklist
Common mistakes
- Using an old figure from a forum.
- Showing only the living amount and forgetting tuition.
- Sudden large deposits with no explanation.
Questions families ask
Is a GIC compulsory?
IRCC lists it as one option among several. Check the current list on the official page.
What about Quebec?
Quebec sets its own amounts. Read the Quebec section on the IRCC page.
Sources
Rules change. Always confirm on the official page before you act.
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