IRCC increasing the cost of living financial requirements for International Students

Dec 8, 2023

IRCC increasing the cost of living financial requirements for International Students:

Starting Jan 2024 cost of living financial requirements for study permits will be raised so that international students are financially prepared for life in Canada.

For 2024, a single applicant will need to show they have $20,635, in addition to their first year of tuition and travel costs. This change will apply to new study permit applications received on or after January 1, 2024.

Full details in the below link:

Revised requirements to better protect international students – Canada.ca

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IRCC increasing the cost of living financial requirements for International Students