Newcomers2 min read · Updated October 21, 2026

How much money you must show for a Canadian study permit in 2026

The living-cost funds IRCC asks for on a study permit from 1 September 2026, by family size, plus tuition and travel.

Living-cost funds from 1 September 2026

PeopleFunds needed
1$23,448
2$29,192
3$35,888
4$43,572
5$49,419
6$55,736
7$62,054

For each person above 7, add $6,318.

What you add on top

Tuition for the first year and travel for you and anyone coming with you. If your program is longer than one year, be ready to explain how you will pay for the rest.

Before you apply

IRCC changes these amounts, so confirm on canada.ca. Quebec has its own rules.

Common questions

How much money do I need for a Canadian study permit?

One student must show $23,448 for living costs from 1 September 2026, plus tuition and travel.

Does this apply in Quebec?

No. Quebec has separate requirements.

Sources

Published October 21, 2026. Estimates, not tax or mortgage advice.