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Canada study permit: proof of funds rises to CAD 23,448 from 1 September 2026

For applications made on or after 1 September 2026, a single student outside Quebec must show CAD 23,448 a year for living costs, up from CAD 22,895.

Published Starts Medium impactZeroToVisa Editorial Team

Canada updates the living-cost amount for study permits every year. The new amount applies to applications made on or after 1 September 2026.

What changed

For a single student studying outside Quebec, the living-cost figure rose from CAD 22,895 to CAD 23,448 a year. You must also show your first year's tuition and your travel costs.

What it means for you

Older checklists and agency posts may still show CAD 22,895. That figure applies only to applications made between 1 January 2025 and 31 August 2026. Use the current amount when you prepare your bank evidence.

Official announcement: IRCC: Proof of financial support for a study permit

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