How much money do I need to study in Canada in 2026?
You must show three things separately: first-year tuition, living expenses, and return travel. For study permit applications submitted on or after 1 September 2026, the living-expenses (proof of funds) requirement for a single applicant is CAD $23,448 for the year, on top of tuition. With tuition and travel added, most applicants should plan for a total well above CAD $40,000 for the first year.