Proof of Funds

[bluesky321]

I am planning to offer the apartment I own for lease by which I get some lumpsum money.
1) Would I be able to show this as proof of funds for getting Study permit and paying my education loan? Will CIC approve it?

2) With these funds, if I have already paid the education fees to the university and the accomodation cost, would CIC accept just that for Study permit?

Thanks!

 

[floomy]

1. yes, if you can prove that you would have regular income based on the lease for a year or so.
so you can send a photocopy of your leasing contract in English.


2. even though you paid tuition and accommodation already, you need to have enough fund to prove your finance (ex: how you would pay month allowance for your self, textbook and other miscellaneous things. )