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Proof of funds · Canada

Canada: how much money you need to show for a student visa

Applies to: Canadian study permit

CAD 23,448 for living costs, plus tuition and travel

For a single student outside Quebec applying on or after 1 September 2026.

The amounts

Living costs, single student outside QuebecCAD 23,448 (applications from 1 September 2026)
TuitionYour fees for the course, on top of living costs
TravelTransport to and from Canada, on top of living costs

The rules to know

  • The CAD 23,448 figure rose from CAD 22,895 on 1 September 2026.
  • Accepted proof includes a Guaranteed Investment Certificate (GIC) from a Canadian financial institution.
  • Bank statements from the past 6 months, scholarship letters and other documents are also accepted.
  • Quebec has its own amounts, which are not covered here.

Source: canada.ca: Study permit, proof of financial support · checked 25 September 2026. Rules change, so confirm on the official page before you apply. Nothing here guarantees a visa.

Need help putting your funds together?

We help students and families arrange education loans and organise genuine proof of funds for the visa file. If part of your money will come from a loan, ask us whether a sanction letter can be used for your country, because the rules differ.

Ask about proof of funds

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