Canada Increases Financial Requirements for International Students

Canada is making it a bit more expensive for international students to study there.

Starting September 1, 2025, students will need to prove they have more money to cover their costs, like food and housing, on top of tuition fees.

The amount of money needed depends on how many family members the student has with them.

For example, a single student needs to show they have about $22,895 per year, not including tuition.

This is to make sure students have enough money to live on while they study.