Article

How to Get Proof of Financial Support for Your Canadian Study Permit

Published by
Liberty Okechukwu
Spread the love

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.

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

Read Also:

5 Communities You Can Join as an International Student in the USA

Find Out 7 Common Reasons Why Canada Student Visas Get Rejected

20 Fellowships in Canada for Graduate International Students – Open Every Year

Author

  • Okechukwu Liberty is a graduate of Mass Communication and a content writer for AfterSchoolAfrica. He is dedicated to researching scholarship and empowerment opportunities for students looking to study abroad. In his free time, he enjoys watching movies and taking long walks with friends.

    Content Research Writer

This post was last modified on December 8, 2023 12:34 pm

Share