How Much Money is Required for a Canada Study Visa?

Is Canada study visa something you are thinking of getting? It was an excellent choice.

The country of Canada is widely recognized for its exceptional educational framework, multiculturalism, and favorable prospects for global learners.

You must understand the financial necessity of acquiring a Canada study visa before you set out on this thrilling adventure.

To help you in making wise financial plans let’s explore costs in this.

Canada study visa
Canada study visa

How much money is required for a Canada study visa?

1. Visa Application Fee

  • The payment of the visa application fee is the first step towards acquiring a Canada study visa.
  • According to the most recent data, getting a study permit in Canada costs $150 CAD.
  • To stay up to date on any changes to fee structures, it is necessary to visit Immigration, Refugees and Citizenship Canada’s (IRCC) official website.

2. Biometrics Fee

  • You might also have to pay a biometrics fee in addition to the visa application fee.
  • Your digital photo and fingerprints are examples of biometrics that are needed for the visa application process.
  • For the majority of applicants, the biometrics fee is CAD $85.

3. Language Proficiency Test

  • If English or French is not your first language, you might need to show your ability with language tests like the IELTS, TOEFL, TEF for English, or TEF for French.
  • These tests vary in price but typically run between $200 and $300 CAD.

4. Tuition Fees

  • One of the major costs of attending school in Canada is tuition.
  • The price varies based on the university, course, and academic level (bachelor or graduate).
  • International students should budget between CAD $7,000 and $35,000 for tuition annually on average.

Read: What Type of Visa Is Best for Canada?

5. Living Expenses

  • Budgeting is also required for living expenses, which include lodging, food, travel, and other personal costs.
  • The city or province you choose to study in will have an impact on the cost of living.
  • You should set aside between CAD $15,000 and $20,000 annually for living costs on average.

6. Health Insurance

  • In Canada, the majority of provinces mandate that international students carry health insurance.
  • The cost and scope of health insurance coverage differ from province to province.
  • The average annual cost of health insurance is between CAD $600 and $900.

7. Travel Expenses

  • Remember to factor in money for travel expenditures, such as your airfare to Canada and any additional expenses.
  • The location and season of your trip will affect how much your airfare will cost.

8. Miscellaneous Fees

  • Additional costs that you might run into include textbook costs, student association dues, and application fees for particular services or programs.
  • It is necessary that you include these extra expenses in your budget.
Canada study visa
Canada study visa

Income Proof

You might be required to submit evidence of having enough money to support yourself while studying in Canada with your visa application.

This guarantees that you will not have to put in a lot of overtime to make ends meet.

The amount of money needed varies based on your circumstances, including the length of your study program and whether you are traveling with dependents.

According to current data, you may be required to provide proof of access to between CAD $10,000 and $15,000 annually for living expenses.

  • Renewal or Extension Fees

You must take seriously those expenses if you want to renew or extend your study permit so you can continue your education in Canada.

The length of the extension and any modifications to your situation may affect the renewal fees.

Bottom Line

You can guarantee a simple and stress-free application process for a Canada study visa through taking considering all of these expenses and allocating your funds appropriately.

To avoid any surprises, always make sure you check official sources for the most recent fee schedules and requirements.

Read: Can I Go to Canada on a Tourist Visa and Find a Job?

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