Canada Increases Living‑Expense Requirement for International Students Starting September 2026

Canada announced a rise in the living‑expense amount that international students must prove they can cover when applying for a study permit. The new rule takes effect on 1 September 2026 and applies to all fresh applications submitted after that date.

The requirement is part of the federal government’s effort to make sure overseas students have sufficient funds for tuition, housing, food and other essential costs during their stay. The increase follows a review of cost‑of‑living trends in Canada’s major student‑hosting cities.

Applicants will now need to provide updated proof of funds that meets the higher threshold. Typical evidence includes bank statements, scholarship letters, or a financial guarantee from a sponsor. The exact amount has been raised, but the source does not specify the new figure.

The change does not affect students already holding a valid study permit. Existing permits remain in force until they expire, and holders are not required to meet the higher standard unless they apply for an extension or a new permit.

Universities and colleges across Canada have been notified and are updating their international‑student admission guides. Many institutions say the higher proof of funds may reduce the number of short‑term applicants who cannot meet the new benchmark.

• Effective date: 1 September 2026
• Applies to: all new study‑permit applicants
• Evidence required: bank statements, scholarship letters, sponsor guarantees
• No impact on currently issued permits
• Schools are revising admission information to reflect the change