Indian students planning to study in Canada will soon need to show more money in their bank accounts. Starting September 1, 2025, those applying for a Canadian study permit must demonstrate access to at least CAN $22,895 (₹14 lakh) for living expenses, up from the current CAN $20,635.
The new rule was announced by Immigration, Refugees and Citizenship Canada (IRCC) on June 2, 2025, and will apply to all international students heading to provinces and territories outside Quebec.