| Important Advice & Funds |
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| Canada Study Visa- Important Advice |
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| 1 |
Pay fees as soon as possible: Please note that getting Letter of Acceptance proves that the student is eligible for admission in the offered course but does not confirm/reserve the seat in that course. The seats get filled very fast. Once the seats are full, we can’t get admission in the program offered. Please deposit the tuition fees immediately to reserve seat by Wire Transfer/TT after getting the letter of Acceptance.
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| 2 |
Education Loan/ Funds should be in an acceptable Financial Institution (Bank) only (Not in any bank). Please ask for a list of acceptable Institutions.
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| 3 |
Education Loan: Even if you have enough money in the saving accounts or FDs, education loan is must. Loan Sanction letter should be on the bank’s letter head and stamped. Write the name and designation of the signing authority along with the banks contact numbers.
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Don’t pay the tuition Fees by Bank Draft until advised to do so. Discuss about this with our filing team. Pay by Wire Transfer (TT) to the college directly from your bank and bring the TT Detail to us.
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Don’t forget to mention your Student’s name, Student ID/DOB & passport # in the TT.
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| Funds Required For Canada Study Visa |
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One semester fees (Rs. 3.25- 3.75 Lakhs) (Paid From Own Account, Not From Education Loan) & Bank Education Loan of Rs. 8.00 Lakhs or aboveÂ
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If can’t get loan sanctioned for Rs. 8 Lakhs, then ↓
Two semesters’ fees (Rs. 6.5 – 7.5 Lakhs) (Paid From Own Account, Not From Education Loan) & Bank Education Loan of Rs. 5.00 Lakhs or above
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If the fees are to be paid from Bank education loan: an education loan of 12 laks is required
NOTE: Better consult our office team to know the exact amount of education loan required before getting it done from the bank. |
| Other Points |
- All types of savings (old or new) are acceptable- but they are not mandatory (are not needed )
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