Quebec to Triple Study Permit Funds by 2026: What to Know
Quebec to Triple Proof of Funds Requirement for Study Permits by 2026: What International Students Need to Know
Starting January 1, 2026, Quebec is introducing significant changes to its financial requirements for international students applying for or renewing their study permits. If you’re planning to study in Quebec—or are already studying there—it’s important to understand how these updates could impact your application and your budget.
Key Highlights
- Quebec will more than triple its proof of funds requirement for some international students as of January 1, 2026.
- Single students under 18 will need to show funds of over $24,000—up from just over $7,700.
- Proof of funds applies to both new applications and study permit renewals.
- These financial requirements are separate from tuition and travel costs.
- Funds must be demonstrated at both the provincial and federal application stages.
- Quebec’s new requirements will surpass those in the rest of Canada.
What’s Changing in Quebec’s Study Permit Requirements?
Quebec is set to introduce a major increase in its financial eligibility criteria for international students. These proof of funds requirements are being updated to better reflect the real cost of living in the province—and for some, the new numbers may come as a shock.
As of January 1, 2026, international students will need to show significantly more money in their bank accounts to qualify for a study permit. Here’s how the numbers compare, depending on your situation:
| Family Size (Including Applicant) | Until Dec 31, 2025 | Starting Jan 1, 2026 |
|---|---|---|
| One person under age 18 | $7,756 | $24,617 |
| One person aged 18 or older | $15,508 | $24,617 |
| Two adults | $22,745 | $34,814 |
| Two adults + one child | $25,479 | $42,638 |
| Two adults + two children | $27,499 | $49,234 |
Important: These amounts are strictly for living expenses and do not include tuition or transportation costs. You’ll need to budget for those separately.
Why Is Quebec Making These Changes?
Quebec has a unique immigration agreement with the federal government, which gives the province the power to set its own criteria for temporary residents, including international students. This autonomy allows Quebec to adapt its requirements based on local cost-of-living data and economic conditions.
With the upcoming increase, Quebec’s proof of funds requirement will actually exceed what’s required in other parts of Canada, as determined by Immigration, Refugees and Citizenship Canada (IRCC).
When Do You Need to Show Proof of Funds?
If you plan to study in Quebec, you’ll need to demonstrate financial capacity at multiple stages—both provincially and federally. Here’s when:
- When applying for your first Quebec Acceptance Certificate (CAQ): This is the provincial authorization required before you apply for a federal study permit.
- When applying for your initial study permit: After receiving your CAQ, you’ll submit a study permit application to IRCC, which also requires proof of funds.
- When renewing your CAQ (if needed): If your program extends beyond your original CAQ validity, you’ll need to apply for renewal and show financial support again.
- When extending your federal study permit: Just like with the CAQ, proof of funds is also needed for study permit extensions.
Although you show proof twice—once to Quebec and once to the federal government—it’s important to note that the same financial documents can be used for both. You’re not expected to double the funds.
How Can You Prove You Meet the Financial Requirements?
Quebec’s immigration ministry accepts several types of documentation to show that you have the necessary funds. Here are some examples:
- Recent bank transfers: For example, money sent from overseas to your Quebec bank account.
- Authorization to transfer funds: A document from your home country’s currency control office (if applicable).
- Scholarship or bursary confirmation: Should include monthly and annual amounts you’ll receive.
- Recent pay slips: Shows your employment income if you’re working.
- Bank letter: A formal letter indicating your current account balance. Quebec even provides a bank letter template you can use.
- Tax documents: Most recent notice of assessment showing your annual income.
- Bank statements (last 3 months): These should clearly show your name and current balance.
- Updated bank book: Along with proof that you are the owner of the account.
Make sure any documents you submit are recent and clearly support your financial capacity. Quebec immigration officers will review this information closely during your CAQ application—and IRCC will do the same for your federal study permit.
What This Means for Future Students
Whether you’re planning to start a program in Quebec or continue your studies there, it’s essential to start preparing now. These changes could significantly impact your budget and eligibility, especially if you’re bringing family with you.
If you’re in the early stages of planning your move to Canada, you might also want to explore other provincial options. For instance, provinces like Manitoba offer their own immigration streams, such as the Manitoba PNP, which may have different requirements or pathways for students and skilled workers.
Final Thoughts
The news that Quebec is tripling its proof of funds requirement may feel overwhelming, but with careful planning and the right documentation, it’s still entirely possible to pursue your studies in this vibrant and culturally rich province.
If you’re unsure how this change affects your plans—or you want help exploring your options—don’t hesitate to get informed and prepared early. Whether you’re applying for the first time or extending your permit, understanding the financial expectations is key to a smooth immigration journey.
Thinking about studying in Canada? Discover your options and start planning your application today.
