Can I pay the GIC amount first and then pay the tuition fees in Canada?
Yes, you can pay the Guaranteed Investment Certificate (GIC) amount first and then pay your tuition fees for studies in Canada.
The GIC (currently CAD 20,635 for 2026 intake, subject to change) is required to show proof of funds for your living expenses. Tuition fees are a separate requirement and must be paid directly to your Designated Learning Institution (DLI).
Both payments are needed for your study permit application, but they do not have to be paid at the same time. The GIC covers living costs, while tuition covers academic expenses. Make sure you have separate funds for each.
Still have doubts?
Speak to a LeapScholar expert — free, no obligations.
More Cost & living questions
- What is the fee range for a one-year MBA course compared to a two-year course in UK?
- Can you provide the best UK university options for a Master's within my budget?
- How much are the average monthly living expenses in East London including rent and other costs?
- Are there free IELTS band prediction tests available to assess current English proficiency?
- How much can scholarships reduce the total cost of a Master's in the UK or UAE?
- What budget is required for a Data Science Master's in Ireland or New Zealand?
- How does the budget for a Master's in Ireland and New Zealand compare to the UK?
- Are there opportunities in the UK or other countries for earn-while-you-learn programs, apprenticeships, or scholarships that allow studying while working?
More Canada questions
- Can you suggest courses from Canada, and what is the visa process and required documents for Canada?
- Which universities in Canada offer MBA for a Business Management graduate and ₹40 lakhs budget?
- If I don't get a job within one year after my studies, can I pursue another bachelor's degree in Canada for a Master's?
- What are the English language test requirements for Canada, and what scores do I need to achieve for a Postgraduate?
- Which universities in Canada offer MS Computer Science for a BA Political Science graduate, PTE 72 and ₹20 lakhs budget?
- Which universities in Canada offer MS Computer Science for a B.Tech IT graduate, IELTS 7.0 and ₹40 lakhs budget?
- Is IELTS mandatory for admission to Canadian universities for nursing programs?
- How long does it take to get permanent residency in Singapore after working there?
