The Canada Study Visa costs CAD 235. Of this, $150 is the embassy fee, valid per application, and $85 is a biometric fee, valid for 10 years. If your visa is refused and you re-apply for a Canada study visa, you must pay only CAD 150 for the re-application.
For more information on Canada Study Visa Fees, please refer to the official Canada Immigration Website. Click here to assess the fees for all different types of visas.
On November 8, 2024, the Canadian Government abruptly shut down the SDS program. Hence, paying GIC is now optional.
Screenshot from the Official Website of Canada Immigration regarding Canada Study Visa Fees
Screenshot of Biometric Fees for the same visa type.
Click here to to IELTS Online Tests to improve your Language Requirements, resulting to increased visa approval chances.
Below is the list of banks providing GIC options for Canada’s Study Visa. You must verify that the GIC you choose meets all the requirements.
List of Banks –
- Bank of China (Canada)
- Bank of Montreal
- Bank of Nova Scotia ( Bank Xi’an’an Co. Ltd. partnered with Bank of Nova Scotia & China Everbright Bank Co. Ltd. partnered with Bank of Nova Scotia)
- Canadian Imperial Bank of Commerce
- SimplFinancial’sl’s GICs (provided by CIBC)
- Fédération des caisses Desjardins du Québec
- Habib Canadian Bank
- ICICI Bank Canada (option to change the bank to Royal Bank of Canada after landing in Canada)
- Industrial and Commercial Bank of China (Canada)
- National Bank of Canada
- Royal Bank of Canada
- SBI Canada Bank
- Shinhan Bank Canada
- The Toronto-Dominion Bank
Voxcel is often called the best study visa consultant in Ludhiana because we guide clients thoroughly and never hide anything. Every minute update is shared across our platforms so clients and followers can remain aware of the changes.
Note—GIC is not mandatory, as said above. However, paying the GIC to show your one-year living expenses and paying full-year tuition fees increases your chances of being approved for a study visa.
However, if your financials are strong and you come from a firm financial background, you can still get the study visa without paying GIC and full-year tuition fees.
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