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Study permit proof of funds: sponsor's bank balance vs. your own loan-reimbursed account

Canada • Study Permit • study 0 views
By VisaBuddies Communityvia community — compiled from public visa forums

Documents Needed

  • Sponsor's bank statement/affidavit

    If a prior application was approved using a parent's bank balance/affidavit, staying consistent with that same proof of funds is the safer option for a follow-up application.

  • Study loan account statement

    An approved study loan with a track record of reimbursed funds deposited into your own account is also acceptable proof of funds.

Step-by-Step

When you've previously been approved for a study permit by showing a sponsor's (e.g., mother's) bank balance or affidavit, and now have a different funding picture (an approved study loan with partial reimbursement history in your own account), it can be unclear which proof of funds to present for the next step.

Guidance from the group:
  1. Staying consistent with the original proof is the safer choice. If your mother's bank balance/affidavit worked before, presenting the same type of evidence again keeps your financial story consistent across applications.

  2. Your own account is also acceptable. Showing your study loan along with the reimbursed amounts deposited over the past month and a half is a valid alternative — IRCC does not require the exact same funding source to be repeated.


Either option is workable; the main consideration is presenting clear, verifiable proof of sufficient funds rather than which specific account it comes from.

Dos, Don'ts & Tips

  • Do: Where possible, stay consistent with the proof of funds (sponsor's balance vs. your own account) used in a prior successful application.
  • Tip: Both a sponsor's bank balance/affidavit and your own study-loan account with reimbursed funds are accepted forms of proof of funds — it isn't an either/or requirement.

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