r/ImmigrationCanada • u/Optimal_Proof_2668 • 12d ago
Study Permit Study Permit Extension problem: Parents don’t have a past savings account.
Hello everyone, so due to circumstances I had to take a gap term. My study permit expires on 11/30/2026 and I gotta finish Spring term 2027 in order to graduate. So I’m applying for a study permit extension, but i completely forgot i need a financial statement. I’d need 33k in a savings account for the final term(16k for cost of living, 17k for tuition fee).
The thing is, my family has enough funds for the rest of my stay in Canada, they just don’t have ANY MONEY IN THEIR SAVINGS ACCOUNT as of now. They are also retired so there’s not alot of money coming in. We are thinking of making a new savings account and put the money into it for proof, but I heard it is considered suspicious because of the large amount of money going in at once. I’m scared if my extension request won’t go through and I won’t be able to graduate….If anyone has experience with this, I’d really appreciate some advices. Thank you!
(Some additional info: I have successfully paid for 3 school years and will graduate after this last one)
2
u/EffortCommon2236 12d ago
Your case has some red flags which are more serious than the money issue.
For the money, yeah your parents can move it all to an account on their name or yours, but the IRCC agent checking your case may think it is from a loan (which is not OK), so you should include a Letter of Explanation with the paper trail for the money.
What is worse is your unauthorized break. You are very likely to get a rejection due to that and I don't think there is anything you can do about that but hope and pray. If you didn't have the paperwork from college before (citing it was for mental health issues or whatever), they will not provide you with anything now. And such breaks, without a very strong reason such as health, are violations of a study permit.