Proof of financial support
You must prove that you can support yourself, and the family members who come with you, while you are in Canada.
You can prove your funds with
- proof of a Canadian bank account in your name, if you’ve transferred money to Canada
- Guaranteed Investment Certificate (GIC) from a participating Canadian financial institution
- proof of a student or education loan from a bank
- your bank statements for the past 4 months
- a bank draft that can be converted to Canadian dollars
- proof you paid tuition and housing fees
- a letter from the person or school giving you money or
- proof of funding paid from within Canada, if you have a scholarship or are in a Canadian-funded educational program
Minimum funds needed to support yourself as a student (and family members who come with you):
| Persons coming to Canada | Amount of funds required per year (doesn’t include tuition) | Amount of funds required per month (additional to the tuition) |
|---|---|---|
| You (the student) | CAN$10,000 | CAN$833 |
| First family member | CAN$4,000 | CAN$333 |
| Every additional accompanying family member | CAN$3,000 | CAN$255 |
Example:
If you and 2 family members want to come to a province outside Quebec for a year, you will need
- living expenses: $10,000 (for the student)
- living expenses: $4,000 (for the first family member)
- living expenses: $3,000 (for the second family member)
Total: $17,000
| Persons coming to Canada | Amount of funds required per year (additional to the tuition) | Amount of funds required per month (additional to the tuition) |
|---|---|---|
| You (the student) | CAN$11,000 | CAN$917 |
| First family member (18 years or older) | CAN$5,100 | CAN$425 |
| First family member (under the age of 18) | CAN$3,800 | CAN$317 |
| Every additional accompanying family member (18 years or older) | CAN$5,125 | CAN$427 |
| Every additional accompanying family member (under the age of 18) | CAN$1,903 | CAN$159 |
Example
If you and 2 family members (over the age of 18) want to come to Quebec for a year, you will need
- living expenses: $11,000 (for the student)
- living expenses: $5,100 (for the first family member)
- living expenses: $5,125 (for the second family member)
Total: $21,225
If your country uses foreign-exchange controls, you must prove that you’ll be allowed to export funds for all of your expenses.