Canada to increase financial support requirements for international students

Canada to increase financial support requirements for international students

Foreign nationals applying for Canadian study permits will soon require over $2000 in additional funds. Immigration, Refugees and Citizenship Canada (IRCC) has updated its proof of financial support requirement for study permit applications. For a family of one, the minimum amount of funds required—on top of first year's tuition and travel costs—will increase to $22,895,

Study Abroad: Canada hikes cost-of-living requirement for student visa

IRCC Canada has again raised the minimum amount of funds international students need for a study permit. The change will be effective from September 2025; new requirements, in CAD and INR, here.