How much money will I need during my studies in Canada?

If you will not receive funding from a Canadian educational institution or a governmental organization, you will be required to provide evidence that you or your family can readily afford the cost of an education in Canada on an ongoing basis. You must demonstrate that you will have enough money during your stay in Canada to pay for tuition fees, books, living expenses for yourself and any accompanying dependents, and return transportation for both yourself and your dependents.

According to Citizenship and Immigration Canada guidelines, you will require approximately $10 000 Canadian per year, not including tuition fees, to cover your living expenses. If your dependants are planning to accompany or join you, you will require an additional $4 000 for the first dependant, and $3 000 for each subsequent dependant, in addition to return airfare.

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