Great news for international students planning to study in Canada! The Minister of Immigration, Refugees, and Citizenship, Honorable Marc Miller, has recently announced significant changes aimed at enhancing the support for international students.
Better Financial Prep for Students
Canada, renowned for its excellent education, diverse society, and post-graduation opportunities, has acknowledged the financial challenges faced by students. To address this issue, the government is revising the financial requirements for study permit applicants, effective January 1, 2024.
Previously stagnant at $10,000 since the early 2000s, the new financial requirement for 2024 is now set at $20,635. This adjustment aims to ensure that students have adequate funds to cover their living costs in Canada. Applicants must demonstrate this amount along with their first-year tuition and travel costs when applying for a study permit.
Protecting Students and Making Education Inclusive
However, the government's initiative goes beyond monetary considerations. In 2024, special programs will be introduced to provide additional support to specific groups of students who may require extra assistance upon their arrival.
This development builds upon changes implemented in October 2023, where the government acknowledged schools providing outstanding services, including housing, to international students. Institutions are now expected to admit students only to the extent they can support, ensuring a positive experience for everyone.
How Consultation Guru Can Help
Consultation Guru, a leading study visa consultancy, welcomes these changes and is committed to assisting students throughout the study visa application process. The consultancy aims to provide comprehensive guidance, ensuring students understand the new regulations and are well-prepared for a successful academic journey in Canada.
For further details and to explore possibilities, Consultation Guru encourages students to reach out for assistance, emphasizing their commitment to making the study experience in Canada an outstanding and successful one.
Sources:
https://canada.ca/en/immigration-refugees-citizenship/news/2023/12/revised-requirements-to-better-protect-international-students.html
