How Much Money Should I Take With Me If I’m Applying For A Canadian Student Visa?

How Much Money Should I Take With Me If I'm Applying For A Canadian Student Visa?

If you are planning to study in Canada, you will have to prepare for a high living cost while you are abroad. The government of Canada has set a CA$10,000 per year spending requirement for international students. This amount can be a little more if you’re planning on living on campus. In addition, you will have to arrange for transportation back home. If you’re worried about finances, you should find out how much money you’ll need before applying for a Canadian student visa.

Cost of living in residence

The cost of living in residence for a Canadian student depends on several factors. The choice of accommodation will determine the price you pay. Food expenses include meals, groceries, and alcoholic beverages. One of the most expensive meals is dinner. Health insurance costs depend on whether you’re going with a private or public plan. Private health insurance plans are typically more expensive than public plans. The government administers health care plans in Canada.


The most expensive province for studying in Canada is Ontario, where graduate students spend nearly C$54,000 on tuition fees. Other provinces aren’t far behind, with annual costs of about C$15,000-30,000. While the cost of living in residence can be costly, it is still low compared to many other major study destinations. Monthly living expenses range from C$150 to C$2000, depending on the type of lifestyle you live.

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Documents required to apply for a study permit in Canada

If you are planning to study in Canada, you must have the documents required for your application. You will have to fill up the immigration form and provide information about your residence (this may differ from the mailing address), your current job, and your present employer. You should also state your immigration statuses, such as a student, worker, permanent resident, or citizen. You will also need the full name and address of the educational institution you plan to study at and the original letter of acceptance from the school.


Moreover, you must provide your spouse or child under the age of eighteen years if you plan to bring them with you. In the case of spouses, you should obtain an Open Work Permit, which is valid for the same period of study as the study permit. This will allow your spouse to work in Canada, even if he or she doesn’t have a job offer. Moreover, if you are bringing your child under the age of eighteen years, you should have the documents required to apply for a study permit in Canada.

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The financial proof is required to apply for a study permit in Canada

When applying for a study permit in Canada, the financial proof is necessary to show that you have sufficient funds to cover your expenses while studying there. Your financial proof must show that you have enough money to cover all of your tuition and living costs during your stay in Canada. You must also show proof that the money has been transferred to a Canadian bank account. In many cases, cash is sufficient as proof, but it should not be your only source of funding.

Depending on your circumstances, you may have to provide proof of sufficient funds to pay for your studies in Canada. The minimum required fund is $10,000 CAD for the first year of study. The higher the proof, the better your chances of approval. Depending on your financial situation, you can choose any of the following methods to finance your studies in Canada:

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Scholarships available to international students in Canada

If you are an international student planning to study in Canada, you should know that studying there is expensive. Tuition can cost tens of thousands of dollars per year, and many international students are on a budget. But, the good news is that there are many scholarship programs for international students in Canada. Scholarships can bring the cost of your education down significantly. But, the process of applying for scholarships can be confusing. Here are some tips to get you started.

Firstly, research the university. Canada is a highly competitive country, and scholarships are available to international students from all over the world. It is difficult to get a scholarship in Canada, but if you do a bit of research and apply for a variety of different ones, you’ll be able to secure a generous grant. While it can be difficult to get a scholarship for international students, it is possible to find one that will fit your needs. Here’s a list of scholarships available for international students in Canada.


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