Canada raises study-permit proof-of-funds again: CAD 23,448 for a single applicant
Canada · Study abroad · In effect from 2026-09-01
| Country / region | Canada |
|---|---|
| Category | Study abroad |
| Date | In effect from 2026-09-01 |
| What happened | From 2026-09-01 the funds threshold for non-Quebec applicants rises: CAD 23,448 for 1 person, 29,192 for 2, 35,888 for 3, 43,572 for 4, plus CAD 6,318 for each additional person, on top of first-year tuition and travel costs. Quebec follows the MIFI standard. This is a further rise of about 2.4% over the 2025 figure of CAD 22,895, and compares with roughly the CAD 10,000 level before 2024. |
| Impact on applicants | Proof of funds is a high-frequency cause of study-permit refusal — start preparing explainable statements and history 12 months in advance. |
| Source: {src} | IRCC (Immigration, Refugees and Citizenship Canada) official site (2026-09-01) ↗ |
Source: IRCC (Immigration, Refugees and Citizenship Canada) official site (2026-09-01) ↗ · Last verified: 2026-09-20 · For reference only; not application or legal advice. Always check the official source for current rules.
FAQ
Canada raises study-permit proof-of-funds again: CAD 23,448 for a single applicant — what happened?
From 2026-09-01 the funds threshold for non-Quebec applicants rises: CAD 23,448 for 1 person, 29,192 for 2, 35,888 for 3, 43,572 for 4, plus CAD 6,318 for each additional person, on top of first-year tuition and travel costs. Quebec follows the MIFI standard. This is a further rise of about 2.4% over the 2025 figure of CAD 22,895, and compares with roughly the CAD 10,000 level before 2024.
What does this mean for applicants?
Proof of funds is a high-frequency cause of study-permit refusal — start preparing explainable statements and history 12 months in advance.
Where does this information come from?
IRCC (Immigration, Refugees and Citizenship Canada) official site (2026-09-01), verified by us on 2026-09-20.
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