Québec Raises Financial Requirements for International Students — What You Should Know
Starting January 1, 2026, international students applying to study in Québec must meet significantly higher proof-of-funds requirements. The increased threshold applies to all new applications and renewals, affecting living-cost support levels for both minors and adults.
Quick Insight:
The minimum required funds now exceed CA$24,600 for a single student — more than three times the previous amount. This reflects rising living costs but also increases the financial burden for prospective international students.
1. New Proof-of-Funds Requirements
• Single international students (adult or minor) must now show around **CA$24,617** as proof of financial capacity.
• For students applying with dependents (spouse, children), the required amounts increase depending on family size.
• These funds are meant to cover living expenses, separate from tuition and travel costs.
2. What This Means for Applicants
• The new threshold may make it harder for applicants from lower-income countries to qualify, due to stronger financial hurdles.
• Students must plan more carefully — having only tuition alone is no longer sufficient; living costs must also be clearly covered.
• For those hoping to bring family with them, the required proof-of-funds amounts for dependents significantly increase, making the overall cost much higher.
3. Strategy for Prospective Students
• Before applying, calculate total expenses — tuition, living, family support (if any), and ensure funds meet or exceed the CA$24,617 baseline.
• Consider applying before the new rules take effect, if still possible, to benefit from the lower threshold.
• If including dependents, carefully budget for additional living-cost proof as required per family member.
Final Thoughts
Québec’s decision to raise the proof-of-funds threshold reflects the rising cost of living, but also raises the bar for international students. Prospective applicants need to plan carefully, ensuring they have enough financial backup beyond tuition. Those who meet the requirements will continue to enjoy access to Québec’s quality education — but the entry cost has undeniably increased.
Tip: If you plan to apply, prepare your financial documentation early and factor in living expenses — this helps avoid unexpected delays or rejections when the new rules take effect.
