You need to show an annual family income of around CAD 45,000–60,000 or more to present a reasonable financial profile for a Canadian student visa.
For 2024, a single applicant must demonstrate they have $20,635, 75% of LICO, in addition to their first-year tuition and travel costs. The
Super Visa Canada Income Requirements for 2024 ; 1 person (your child or grandchild), $29,380, $27,514 ; 2 persons, $36,576, $34,254 ; 3 persons
To be a sponsor, you must have enough money to support **all** of the people you’ll be financially responsible for, including yourself. To show that you have enough money, you’ll have to prove you meet the income requirements for each of the 3 tax years before the date you apply. If you don’t meet the income requirements by yourself, your spouse or common-law partner can co-sign your application to combine your incomes. **If someone is no longer part of your family when you apply (for example, because of death, legal divorce, or an expired undertaking), don’t include them in your family size for any of the 3 tax years.**. - If your spouse or common-law partner is co-signing your application, include them for all 3 years. - Include the family members (for example, spouse, common-law partner, or dependent children) of the person you sponsored or co-signed for, whether or not they were included in the undertaking.
If you apply on or after September 1, 2025, you must show $22,895 per year for yourself outside Quebec, or $15,508 in Quebec. Additional funds are needed for
Updated Income Requirement for Canada's Super Visa in 2026 (LICO + 30%) ; 1 person (the sponsor), $30,526, $29,380 ; 2 persons, $38,002, $36,576.
One of the key requirements when applying for a Canadian study permit is demonstrating that you have enough money to pay for your tuition, living expenses, and
# Minimum Necessary Income for Family Sponsorship. ## To sponsor family members, you must prove that you can meet the minimum necessary income requirement, meaning that you have sufficient income to support all the people for whom you will be financially responsible. The income requirement varies depending on the number of family members being cared for in Canada, the number of family members being sponsored and whether the sponsor lives in Canada or Quebec. In order to qualify for some family sponsorship programs, sponsors are required to have a minimum level of income to support themselves, members of their family unit, as well as those they wish to sponsor. Immigration, Refugees and Citizenship Canada uses "Minimum Necessary Income" or MNI thresholds to assess the sponsor's ability to financially support their family members. The size of the family unit is established based on who is currently being supported by the sponsor in Canada and those they are planning to sponsor.