Proof of funds 2

[studentapplyins00on]

If someone’s course is 1 year 3 months, how would the visa officer go about calculating the proof funds? Would I need let’s say 30k or 42k as proof of funds? (Excluding tuition fees)

 

[Naturgrl]

Masters? Single? It is $21k minimum plus tuition.

 

[studentapplyins00on]

Masters? Single? It is $21k minimum plus tuition.

No not masters. I mean how would he calculate the second period (3 months)? Would he need 6k extra?

First year (12 months) = $21k

Second year ( 3 months) = $??

 

[canuck78]

If someone’s course is 1 year 3 months, how would the visa officer go about calculating the proof funds? Would I need let’s say 30k or 42k as proof of funds? (Excluding tuition fees)

what program is 15 months?

 

[studentapplyins00on]

what program is 15 months?

It’s a foundation course

 

[canuck78]

It’s a foundation course

So consideration will likely be made for not only the first year but how you can pay for the degree after the foundation year. Doing a foundation year is not very common so hard to comment on what IRCC will view as adequate proof and funds. You’re essentially being asked to show funds upfront and then source of funds for 4 more years after that. If you can’t afford to live and study in Canada for the degree program no point in doing a foundation year.

 

[studentapplyins00on]

So consideration will likely be made for not only the first year but how you can pay for the degree after the foundation year. Doing a foundation year is not very common so hard to comment on what IRCC will view as adequate proof and funds. You’re essentially being asked to show funds upfront and then source of funds for 4 more years after that. If you can’t afford to live and study in Canada for the degree program no point in doing a foundation year.

Thanks for your input. The first study permit would be for the foundation year only and then I would have to apply another study permit when I enrol into the actual bachelors program. Now I am only talking about my first permit…. Legally how much should he see in liquid for these 1 year and 3 months? Would he consider it to be 2 years and round it and ask for 42k ?

 

[Naturgrl]

Thanks for your input. The first study permit would be for the foundation year only and then I would have to apply another study permit when I enrol into the actual bachelors program. Now I am only talking about my first permit…. Legally how much should he see in liquid for these 1 year and 3 months? Would he consider it to be 2 years and round it and ask for 42k ?

So it is ICM. You show $21k plus tuition for foundation year. When apply for next one you show the same amount of funds for living expenses and tuition plus a plan to pay for the remaining years.

 

[studentapplyins00on]

So it is ICM. You show $21k plus tuition for foundation year. When apply for next one you show the same amount of funds for living expenses and tuition plus a plan to pay for the remaining years.

But the foundation “year” is actually 13 months. Should I provide 21k only?

 

[Naturgrl]

But the foundation “year” is actually 13 months. Should I provide 21k only?

That is the minimum amount in cash but provide more, your decision.

 

[canuck78]

But the foundation “year” is actually 13 months. Should I provide 21k only?

Thanks for your input. The first study permit would be for the foundation year only and then I would have to apply another study permit when I enrol into the actual bachelors program. Now I am only talking about my first permit…. Legally how much should he see in liquid for these 1 year and 3 months? Would he consider it to be 2 years and round it and ask for 42k ?

A foundation year is a requirement by the university to enrol in a degree program. People aren’t taken a foundation year and leaving.