If you’re preparing to study in Canada, here’s an important update you don’t want to miss!

The Canadian government has revised the minimum financial requirements for international students applying for study permits. The purpose of these updates is to better equip students to cover the actual cost of living in Canada.

💰 What’s Changing?

Starting September 1, 2025, international students (outside Quebec) must show proof of CAD 22,895 in available funds to cover living expenses for one year. This amount is in addition to tuition fees and travel costs. Why has the amount increased? It’s designed to reflect the real cost of living more accurately. Plus, these numbers will now be adjusted annually, so they remain relevant and up-to-date.

📊 Funds Required for Study Permit Applicants (Effective September 1, 2025)

💡 These figures apply to all study permit applications submitted on or after September 1, 2025.

🎯 Why This Matters for You

You’ll need to budget more carefully and prepare updated financial documents.
This ensures you’ll be better equipped to settle and succeed in Canada without unexpected financial stress.
Preparing early helps you avoid delays in your study permit application process.

🔍 Where to Verify?

Always rely on official sources for accurate information:

✅ IRCC Official Financial Support Page:
👉 Canada.ca – IRCC Financial Support Info

📰 News Summary from CIC News:
👉 CIC News – Cost of Living Requirement Update

✨ Final Tip

Stay informed and plan ahead to keep your Canadian study dreams on track! IIf you have questions or need help preparing your application, please feel free to reach out for support.

✅ Quick Summary:

• New amount: CAD 22,895 for living costs (from Sept 1, 2025)
• Applies to: All new study permit applicants (except Quebec)
• Why: To reflect real cost of living and help you succeed
• Action: Update your budget & documents accordingly