Canada Increases Financial Requirements for International Students – What You Must Know (Effective Sept 1, 2025)

Published by Moon 2 Rise Immigration | July 2025

Planning to Study in Canada? Get Ready for Big Financial Changes!

Starting September 1, 2025, Canada is implementing stricter financial proof requirements for all international students applying for a study permit. This change is part of the federal government’s broader effort to ensure students can afford to live and study in Canada comfortably—and to reduce strain on housing and public services.

Whether you're applying from India, the Philippines, Nigeria, or any other country, this new rule affects YOU if you're planning to start studies in Fall 2025 or later.

What Has Changed?

✅ New Financial Minimums (outside Québec):

As of Sept 1, 2025, all international students must show:

Québec-Specific Requirements

Students applying to institutions in Québec will need to meet distinct financial thresholds, which vary slightly. These can include cost-of-living adjustments specific to Québec regions.

Why This Matters Now?

Applications submitted before Sept 1, 2025 are assessed under the current rules. After this date, the new financial proof is mandatory—no exceptions.

Students and sponsors must update bank statements, GICs, affidavits, and other financial documents to meet the new thresholds.

What Proof Is Accepted?

You can demonstrate financial capacity through:

Common Mistakes to Avoid

• Submitting outdated bank documents

• Relying solely on real estate or non-liquid assets

• Inconsistent income history between sponsor’s ITR and funds shown

• Ignoring travel costs or dependents’ expenses

Our Advice for Applicants

Apply early – before the September 1 deadline if possible. If you’re applying after that, get professional guidance to avoid rejection. Review your study plan to include financial sustainability and ties to home country (important for dual intent under IRPR s.179(b)).

How Moon 2 Rise Immigration Can Help

At Moon 2 Rise Immigration, we specialize in:

• Study permit applications

• GIC & financial document preparation

• Family sponsorship and dual intent analysis

• Representation for TRV rejections and GCMS notes review

• Full legal advice by licensed RCIC consultants

Special Offers for Saskatchewan & Ontario students!Get discounts on PGWP and student services—limited slots open.

Book a Free Consultation Now

We’re currently offering free legal advice for international students affected by the new rules.

www.moon2rise.com | info@moon2rise.com | Serving Saskatchewan, Alberta, Manitoba, Ontario & beyond