However, to reflect the increased cost of living in Canada, the minimum proof of financial support amount has changed to C$20,635 for 2024. This
However, on January 1, 2024, a new change will come into effect, requiring proof of $20,635 CAD plus the cost of the first year of study.
As of April 1, 2026, post-secondary international students don't need a co-op work permit for student work placements such as co-op placements
# Canada: Increased Cost-of-Living Requirements and Other Policy Updates for International Students Announced. * Immigration, Citizenship and Refugees Canada (IRCC) has revised requirements and policies for international students. * Starting January 1, 2024, the cost-of-living requirement for study permit applicants will increase to CAN 20,635, up from the current CAN 10,000 for a single applicant. + Extension of the policy that allows eligible international students to work off-campus in Canada for more than 20 hours, until April 30, 2024; and. + Extension of the policy allowing international students to not have the time spent studying outside of Canada deducted from the duration of their Post-Graduate Work Permit (PGWP), until September 1, 2024. | **Increase in cost-of-living requirements for study permit applicants** | * The minimum amount of cost-of-living funds required from foreign nationals applying for study permits will increase to CAN 20,635 for new applications submitted on or after January 1, 2024.
# Studying in Canada: New Rules for International Students Implemented in 2024. New Rules for International Students Implemented in 2024. Canada has long been a popular destination for international students, thanks to its world-class education system and opportunities for post-graduation work. However, increasing pressure on housing, resources, and infrastructure has led the Canadian government to implement new rules for international students starting in 2024. ## **New Rules for International Students in Canada 2024**. Canada has introduced several important changes to its International Student Program to better manage the growing number of foreign students. * A two-year cap on study permits has been introduced, limiting the number of international students allowed to enter Canada. * Starting November 1, 2024, graduates from public colleges will only qualify for a Post-Graduation Work Permit (PGWP) if they have studied in fields related to occupations with labor shortages. Starting January 1, 2024, new rules for international students in Canada set stricter financial requirements:. The 2024 international student rules offer both advantages and challenges for students and institutions alike.
International students pursuing study programs in Canada that require a co-op internship program or work placement may apply for a co-op work permit.
## Eligibility requirements. You can come to Canada to study if you. + living expenses for yourself **and** any family members who come with you to Canada and. + return transportation for yourself **and** any family members who come with you to Canada. * prove to an officer that you will leave Canada when your study permit expires. * if you’re allowed to work in Canada. * where you can study (a specific DLI listed on your permit). You may be able to stay and work in Canada after you graduate by getting a post-graduation work permit (PGWP). PGWP eligibility depends on several requirements, including when you submit your study permit application. If you’re interested, check the requirements **before** you submit your study permit application. * eligibility requirements based on your study program. If your level of study has a field of study requirement, you should make sure your program meets the eligibility requirement **before you submit your study permit application**.
Starting January 1, 2024, Canada is upping the financial bar for study permit applicants, setting the cost-of-living threshold at $20,635, a