Do you still intend to pursue your studies in Canada? If so, you should know how crucial it is to submit “proof of financial support” with your application for a study permit in Canada. In this article, we look at how to get proof of financial support for your Canadian study permit.
What is Proof of Financial Support?
Proof of financial support means demonstrating that you have the financial resources to support yourself while studying overseas. They also want to guarantee that you or those assisting (parents, for example) have a reliable source of income.
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Having enough money nevertheless increases the likelihood that your visa will be granted. You only need to demonstrate that you will have the money in the future, so don’t worry if you won’t have enough for your full study period.
Note: If you intend to bring dependents (such as your family) with you, you will need to provide additional information.
Ways to Show Proof of Financial Support
The ways you can show proof of financial support can include the following financial documents:
- Proof of a Canadian bank account (in your name, with the required amount in it)
- Proof of a student or educational loan from a bank
- Bank statements from the past four months
- A bank draft that may be converted into local currency
- Proof that you’ve paid tuition and housing fees
- A letter from the school or the person giving you money
- Proof of funding paid from within the destination country (if you have a scholarship or are in a government-funded educational program)
References: Canada
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