What's the minimum proof of funds I need for a Canada student visa if I apply from September 1, 2026?
For study permit applications from September 1, 2026 onward, Canada raises its minimum proof-of-funds requirement for a single applicant to CAD $23,448, well above the older CAD $10,000 figure many guides still cite. The CAD $150 study-permit application fee itself stays unchanged.
If you are applying for a Canadian study permit from September 1, 2026 onward, you now need to show at least CAD $23,448 in funds as a single applicant, a big jump from the CAD $10,000 figure many older resources still mention. Budget for the higher number so your application is not held up.
Canada Study Permit Financial Requirement
| Item | Amount |
|---|---|
| Minimum proof of funds, single applicant, from September 1, 2026 | CAD $23,448 |
| Study permit application fee | CAD $150 |
Why You Should Check the Latest Figure
Immigration authorities periodically revise the proof-of-funds threshold, and using an outdated number in your planning can leave you short when it is time to submit your bank statements or financial documents. Confirm the current figure directly with official sources close to your application date, since it can change.
My Advice
Arrange your funds well before you apply and keep them in your account for the length of time the rules require, rather than depositing a lump sum right before submission, since visa officers often look at your account history, not just the closing balance.
Cash income, business income or no ITR?
See whether your funds and documents will pass the Canadian visa check.
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