Do I need to provide proof of funds like loan sanction letter or savings for visa application in Canada?
Yes, you must provide proof of funds for your student visa application. This shows you can cover tuition, living expenses, and travel costs.
Accepted documents include:
- Loan sanction letter from a recognized financial institution (must mention your name, amount, and terms)
- Bank statements showing sufficient savings
- Proof of paid tuition or a Guaranteed Investment Certificate (GIC)
For Canada, you need to show enough funds for tuition plus living expenses (currently about CAD 22,895/year for a single applicant; subject to change). Submitting both a loan sanction letter and bank statements can strengthen your application.
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