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General information only, not legal advice. IRCC decides.Who can legally advise you
Step 4 of 13 · Required

Show proof of funds

BlockedRequired
The authority on this stepStudy permit: get the right documents (opens the official page in a new tab)canada.ca · Government of Canada

IRCC is the only authority here. Our summary is here to help you find your way. If anything below differs from the official page, the official page is right. Requirements, fees and processing times change without notice.

Our plain-language summaryLast reviewed 29 July 2026

You must show you can support yourself and any family coming with you, on top of tuition. IRCC publishes the amount required, and it is reviewed periodically. Check the current figure rather than one quoted in a forum post.

Why it's required: Funds are one of the most common reasons study permits get refused. The amount required has risen sharply in recent years.

CoversYou and your familyLiving costs on top of tuition, for everyone coming with you.
The amountCheck the current oneIt has changed more than once; IRCC publishes the figure in force.
Documents you'll need
  • Bank statements, or a Guaranteed Investment Certificate
  • Proof of a student loan or a scholarship, if you have one
  • Proof tuition has been paid, if it has
Before this step

Finishing this unlocks: Apply for the study permit