The new proof of funds requirements for Quebec in 2026

Starting January 1, 2026, Quebec is imposing new proof of funds requirements for international students. These changes aim to ensure that candidates have the necessary financial resources to support themselves during their stay.

To obtain a study permit, students must demonstrate that they can cover their tuition fees as well as their living expenses. The required amount has been revised and is now around 22,895 CAD for living expenses, in addition to tuition fees that range between 20,000 and 35,000 CAD per year.

In summary, the total budget for the first year of studies in Quebec can reach between 42,895 and 57,895 CAD. Students must provide bank statements for 12 months to prove the availability of these funds, which can be a challenge for many.

It is also important to note that these financial requirements are verified during the application for the Quebec Acceptance Certificate (CAQ), a document required before the study permit. This means you need to prepare your application carefully to avoid delays.

Students must also consider other costs, such as language tests (IELTS or TEF) and a medical examination, which are often mandatory for obtaining the permit. These additional fees can quickly add up.

Common pitfalls include underestimating living costs and tuition fees. It is crucial to research thoroughly and prepare a realistic budget before submitting your application.

Finally, it is recommended to consult official sources for up-to-date information on financial requirements, as these can change from year to year.