The specific minimum bank balance required for a Canada student visa can vary depending on various factors, such as the duration of your study program, the location of your studies, and the specific requirements of the educational institution you plan to attend.
While there is no fixed amount mentioned by Immigration, Refugees and Citizenship Canada (IRCC), it is generally recommended to have sufficient funds to cover your tuition fees, living expenses, and other related costs for the duration of your studies in Canada. This is to demonstrate that you can financially support yourself during your stay.
The average first-year tuition at a Canadian university or college is $15,000. The requirement of minimum bank balance for a Canada student visa is $10,000 CAD. To cover everyday costs while waiting for a decision from Immigration, Refugees, and Citizenship Canada (IRCC), you’ll need about $10,000 CAD. If you want to study in Canada, you’ll need to prove that you have at least $25,000 CAD.
This amount should cover your tuition and living expenses for the first year of school. Canadian visa officers may also want to see proof that you have enough money to pay for tuition and living expenses for the whole time you are in school.
It is advisable to check the official website of IRCC or consult with the Canadian embassy or consulate in your country to get the most accurate and up-to-date information regarding the minimum bank balance requirement for a Canada student visa. They will be able to provide you with the specific guidelines and requirements based on your individual circumstances.
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Thank you so much ! Stay tuned for more info.