How much GIC do I need to show for a Canada student visa if I have backlogs?
The living-expense funds you must show for a Canadian study permit are CAD 23,448 a year for a single student from 1 September 2026, excluding tuition and travel; a GIC is one accepted way to show them. Backlogs do not change this amount, but you should clear them before applying.
The living-expense funds you must show are CAD 23,448 (approx INR 15.85 L) a year for a single student from 1 September 2026, excluding tuition and travel; a GIC is one accepted way to show them. It forms part of the financial proof you show for living and studying in Canada.
GIC and related requirements
| Item | Detail |
|---|---|
| Living-expense funds (single student, from 1 Sept 2026) | 23,448 (approx INR 15.85 L) |
| Purpose | Shows you have enough funds for your studies and living expenses |
| Backlogs | Clear all backlogs before applying, as most institutions do not accept active ones |
Other steps before you apply
- Get an official backlog certificate from your university showing the number of backlogs and attempts.
- Check whether your university needs a WES or IQAS credential evaluation.
- Choose career-focused colleges or regional universities if your backlog count is on the higher side.
My Advice
Plan your funds early so the GIC does not delay your application, and confirm the latest amount on the official immigration site before you pay. Keep your financial documents and your backlog certificate ready together.
This information is available on: canada.ca
Cash income, business income or no ITR?
See whether your funds and documents will pass the Canadian visa check.
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