Canada introduces updated financial requirements for international student study permit applications, effective September 1. Applicants must show higher amounts to cover living expenses in addition to tuition. For single applicants outside Quebec, the required proof increases to CAD 23,448, up by CAD 553, according to reporting on the change.
The new thresholds apply to applicants who submit applications after September 1, 2026, and they also affect those applying with accompanying family members. Sources describe the policy as raising the “proof of financial support” standard, requiring applicants to demonstrate they can fully cover costs such as tuition, living expenses, and return transportation without relying on employment in Canada. One outlet also highlights that the requirement covers both individual students and family members included in the application.
While the outlets focus on the increased living expense amounts and the effective date, both present the change as a nationwide adjustment intended to ensure applicants have sufficient funds for the duration of their stay and related travel costs.