Canada Student Visa Financial Requirement 2026: New CAD 23,448 Rule Starts September 1 — What Indian Students Need to Know
If you're planning to study in Canada, there is one number you need to remember before submitting your Student visa application: CAD 23,448. Starting 1 September 2026 , a single international student applying for a Canadian study permit outside Quebec must demonstrate CAD 23,448 for annual living expenses , excluding tuition and transportation costs. That's an increase from the previous requirement of CAD 22,895 . The difference is only CAD 553 . But there is a much bigger lesson behind this update. Canada is continuing to tighten and manage its international student system, and financial preparedness is becoming an increasingly important part of the study-permit process. For Indian students planning to study in Canada in late 2026 or 2027, this means one thing: Don't prepare your visa finances using an outdated checklist. What Is the New Canada Student Visa Financial Requirement? Under Canada's updated rules, students applying on or after 1 September 2026 mu...