🇨🇦How to calculate proof of funds to get study permit?
📌 3 steps to calculate your proof of funds:
📚 Calculate your tuition for the full duration of your studies. In average, tuition would be between $15,000 to $18,000 CAD per year. If it’s a two-year program- then double this amount.
💰Living expenses - you need to show at least 10,000 CAD for the principal applicant, $4,000 CAD for your spouse and $3,000 for each child. If it’s a two-year program- double this amount.
✅ Add at least $5,000 - $10,000 on to of this amount ( for any emergency expenses). The immigration officer wants to see that you have more than the bare minimum to cover your tuition and living expenses.
📱Let’s calculate an approximate amount for a family of 4 for a 2-year program in 🇨🇦
Tuition: $15,000 * 2 = $30,000 CAD
Living expenses: $10,000 + $4,000 + $3,000 *2 = $40,000 CAD
Emergency expenses: $10,000 CAD
Total: $80,000 CAD
❓How much would it cost for only you?
👉 @KanadadaTalim
📌 3 steps to calculate your proof of funds:
📚 Calculate your tuition for the full duration of your studies. In average, tuition would be between $15,000 to $18,000 CAD per year. If it’s a two-year program- then double this amount.
💰Living expenses - you need to show at least 10,000 CAD for the principal applicant, $4,000 CAD for your spouse and $3,000 for each child. If it’s a two-year program- double this amount.
✅ Add at least $5,000 - $10,000 on to of this amount ( for any emergency expenses). The immigration officer wants to see that you have more than the bare minimum to cover your tuition and living expenses.
📱Let’s calculate an approximate amount for a family of 4 for a 2-year program in 🇨🇦
Tuition: $15,000 * 2 = $30,000 CAD
Living expenses: $10,000 + $4,000 + $3,000 *2 = $40,000 CAD
Emergency expenses: $10,000 CAD
Total: $80,000 CAD
❓How much would it cost for only you?
👉 @KanadadaTalim