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Canada Study Permit β€” Financial Requirements

The Canadian study permit requires proof that you can pay tuition and support yourself during your studies. IRCC has specific financial thresholds that must be met. We ensure your documentation shows the required amounts in acceptable formats.

Financial Requirements

First year tuition (per your letter of acceptance) plus CAD 10,000/year for living costs (CAD 11,000 in Quebec). Add CAD 4,000/year for first family member and CAD 3,000/year for each additional. Must show funds are available and transferable.

Processing & Documentation

We prepare bank statements, GIC (Guaranteed Investment Certificate) guidance, fixed deposit certificates, source of funds documentation, and sponsorship packages. IRCC accepts bank statements from recognised institutions. Processing takes 24–48 hours.

Our Services for Canada Study Permit

Complete financial documentation tailored to Canada study permit requirements

Show Money / Bank Balance

Verified bank balances and fixed deposits formatted for Canada study permit applications.

Source of Funds (SOF)

Professional source of funds documentation accepted by Canada visa authorities for study permit applications.

Sponsorship Packages

Complete sponsorship packages for Canada study permit β€” bank statements, SOF letters, and support declarations.

Complete Financial Package

End-to-end documentation from bank coordination to embassy-ready submission for your Canada study permit.

Not enrolled yet? Show money comes after your offer letter. Our sister service Lanka Scholar helps Sri Lankan students pick and apply to Canada universities free of charge β€” including programmes that accept students without IELTS. Come back to us once you have the offer.

FAQs β€” Canada Study Permit

Common questions about show money for Canada study permit

What is a GIC for Canada study permit?

A Guaranteed Investment Certificate (GIC) of CAD 10,000 from a participating Canadian bank can serve as proof of living costs. We guide you through the GIC process and prepare supplementary bank documentation.

Can I use a combination of funds for Canada?

Yes. IRCC accepts a mix of bank balances, GICs, student loans, and sponsor funds. We help structure your documentation to include all legitimate funding sources.

Do I need source of funds for a Canadian study permit?

While not always mandatory, providing source of funds strengthens your application significantly. We prepare SOF documentation showing how you accumulated the required amount.

Get Your Free Consultation for Canada Study Permit

Share your details and we'll prepare a tailored financial documentation plan for your Canada study permit application. 100% confidential.

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