TorontoVerified 2026-10-22

Canada Study Permit GIC & Proof of Funds 2026 — CAD $23,448+

Canada study permit financial support: GIC plus living costs (CAD $23,448+ outside Quebec from 1 Sep 2026). Format IRCC-ready bank and GIC evidence.

Applicant-prepared summary. Accompanies your original bank-issued statements; does not replace them.

Financial evidence

Officer-readable

Destination

Canada

Toronto

Statement months

6 months for visitor TRV bank statements; 4–12 months savings history for other routes

Recommended balance

No fixed TRV minimum — trip-based; student living costs CAD $23,448+ outside Quebec (applications on/after 1 Sep 2026)

Verified Oct 2026

Currency

CAD

Visitor TRV — IRCC asks for at least 6 months of account details on bank statements. Study living expenses CAD $23,448 (outside Quebec) for applications on/after 1 Sep 2026 — tuition proof is separate. Confirm Quebec amounts with MIFI.

Open sample PDF

Real sample · Not a mockup

See the Canada (study / GIC) sample PDF, then format yours

Raw bank exports get messy. Our output is a cover-page PDF with averages and currency notes — the layout officers expect.

Visa Pack $4.99 · 10 credits · or Visa Ready $2.99

Free checklist

Get the Canada (study / GIC) bank-statement checklist PDF

What to include, common refusal flags and a pre-submit check — emailed once. No account needed.

Months required

Recent statements + GIC certificate; IRCC often reviews 4–12 months of savings history

Balance guidance

Living costs CAD $23,448+ outside Quebec (applications on/after 1 Sep 2026) plus first-year tuition — Quebec follows MIFI amounts

Last verified

2026-10-22

Recent changes

All visa rule updates →

Embassy requirements

  • Guaranteed Investment Certificate (GIC) when your pathway requires it (often SDS)
  • Proof of tuition payment or ability to pay first year
  • Bank statements showing accessible funds for living costs
  • Letter of explanation for large deposits or sponsor transfers
  • Name matching passport / study permit application

Period: Recent statements + GIC certificate; IRCC often reviews 4–12 months of savings history · Balance: Living costs CAD $23,448+ outside Quebec (applications on/after 1 Sep 2026) plus first-year tuition — Quebec follows MIFI amounts

See what your output will look like:

Download Canada sample PDF →

Opens a real formatted example

See the full Canada IRCC bank statement sample →

Free AI · No sign-up

Not sure if your statement qualifies for this trip?

Free AI risk check: see which red flags officers commonly scrutinize, get plain-language AI explanations, and draft an explanation letter in one click.

Run the free AI risk check →

From $2.99 · Visa Ready

Fix this statement — officer-readable PDF

Cover page, currency totals, highlighted balance, no watermark. One credit per full PDF. Credits never expire.

  • Visa Ready $2.99 — 3 credits (one trip)
  • Visa Pack $4.99 — 10 credits (revisions / family)
  • Free watermarked cover preview first — pay only for the clean file
Free cover preview →

Need unlimited? Pro $9/mo

Common rejection reasons

  • Living-cost amount below the current IRCC table
  • GIC missing when the stream requires it
  • Unexplained lump-sum deposits before filing
  • Funds not clearly accessible to the student
Format my statement now

FAQ

Outside Quebec, living costs are CAD $23,448+ for applications on or after 1 Sep 2026, plus tuition. Confirm Quebec figures with MIFI and check canada.ca before you apply.

Read full guide →

Jump to converters and guides often used with this page.