Planning to Study in Canada? New Financial Requirements for International Students Starting September 2025
Getting ready to pursue your academic dreams in Canada? Starting September 1, 2025, international students will need to demonstrate greater financial capacity to cover their living expenses, transportation, and tuition fees. This means you’ll need to show proof of funds without relying on future employment in Canada.
What are the New Financial Requirements?
The minimum amount you’ll need to show has increased. For a single student applicant, the new threshold is CAN$22,895. This amount is designed to ensure you can comfortably support yourself during your studies.
How Family Size and Location Impact the Requirements
The required amount will vary depending on the size of your family if they are accompanying you. Furthermore, if you plan to study in Québec, different financial thresholds apply, reflecting the unique cost of living in the province. Make sure to check the specific requirements for Québec if that’s where you’re headed.
Acceptable Proof of Funds and Documentation
Along with the increased amounts, there are updated guidelines on what documents are considered acceptable proof of funds. Make sure to review these changes to ensure your application is complete and meets the new standards.
Stay informed and start planning your finances early! For the most up-to-date and official information, always consult the official Government of Canada website for immigration and citizenship.