Important Things to Know About Study Permit Fees for Canada

There are many things to consider when deciding to study in Canada as an international student. However, organizing your study permit might be the most important! 

One essential yet confusing aspect of the study permit application process is the fees involved. You might’ve been wondering about Canada’s study permit cost compared with other countries. Maybe you’d like to know if you can do anything to increase or decrease the total charges. 

Chances are, we’ll have your query covered! So, if you want to learn more about Canada's study permit fees, read this article because we’ll explain all there is to know! 

In this article, we cover:

• Important facts to know about Canada’s study permit fees
• Steps for the study permit application process
• What international students need to consider
• How study permit extensions work
• Benefits of securing a permit and studying in Canada
• How the study permit works when studying in Canada
• Frequently asked questions

What to Know about Canada's Study Permit Fees

The Canadian government determines your study permit fees. Study permit fees cover the cost of your application. The fees also contribute to the immigration system, helping improve the efficiency and support offered.

Before paying, you must understand how the money is paid and the refund policy. In many cases, the fee can be refunded if you withdraw your application, but not if your application is unsuccessful. 

What Constitutes the Study Permit Fee?

The study permit fee for Canada includes several important components, as well as the application itself. If this applies to your situation, the fee includes processing charges and biometrics fees. In some cases, additional charges are incurred for expedited services. 

The fee amount is based on several factors, including the applicant’s country of origin and the urgency of the application. Currency changes can also affect the cost, so ensure you’re aware of the exchange rate between Canada and your home. 

Many payment methods are available, giving you the flexibility to pay in a manner that is convenient to you. Understanding the inclusions and exclusions associated with the application process is essential. In addition, sound knowledge of discounts or waivers available and how they apply to you is helpful. 

The application process is updated regularly, so applicants must ensure they’re working with current information when calculating their study expenses. 

Study Permit Application Process and Associated Costs

Before applying for a study permit in Canada, ensure you fully understand the steps and associated costs. This preparation will prevent you from encountering any unpleasant surprises during the application process.

Steps to Apply for a Canada Study Permit

Applying for a study permit in Canada is overseen by Immigration, Refugees and Citizenship Canada (IRCC). These are the following steps you’ll need to go through: 

Determine Eligibility

Check to see if you meet all the criteria set by immigration authorities. You must ensure you will pass security checkpoints and can adhere to customs regulations. 

Gather Necessary Documents

Put together all the documents that support your application for a study permit. Documents include your university acceptance and proof of your financial situation. You may also need proof of your English language proficiency, such as a PTE. 

Create an account on BorderPass

Create an account on BorderPass to help simplify and streamline the application process. BorderPass is an online platform that takes the stress out of applying for a study permit. 

You can access BorderPass easily via your Apple iPhone, iPad, Android device, laptop, or any other compatible device.

Complete the “Getting Started Assessment”

BorderPass’s ‘Getting Started Assessment’ helps you understand the requirements and fees applicable to your permit. 

Submit the Application via BorderPass

Make sure all the information is correct and you have all the required documentation, then submit it. Having all the right documentation filled out perfectly will increase the chance of your application being approved. 

Wait for the Decision

You can wait for the decision to be updated in your BorderPass account. You can track the progress of your application as it changes. 

Receive a Port of Entry (POE) Letter of Introduction

Once your permit is approved, you’ll receive a POE (Port of Entry) letter. This letter is required for entering Canada. The letter is compared alongside your other travel documents when you arrive at the border. 

Travel to Canada

The next step is travelling to Canada! Book your flights well in advance. Ensure you research the best airlines and the airports you’ll travel through. 

Stay Updated

With BorderPass, you’ll receive frequent updates on your application process! You’ll be kept informed if there are any changes in immigration policies or your application in general. 

Additional Costs: Biometrics and Medical Exams

As well as the cost of the study permit, be prepared for additional costs associated with studying in Canada. 

Canada’s biometrics requirement means you must have a picture taken and provide fingerprints. There is a fee associated with this process. You’ll also need to pay all fees associated with the medical examination by the due date. 

The degree of medical examination and whether you need one depend on a few factors. These factors include what country you come from, how long you’ll stay in Canada, and what you’ll study. Medical exams are required to ensure public health safety and must be undertaken by a doctor approved by authorities. 

Financial Requirements for the Study Permit

Understanding your financial requirements is crucial before you apply for your study permit. Your financial requirements don’t only involve the permit itself. You’ll need to demonstrate you have sufficient funds to cover all expenses. 

Proof of Sufficient Funds for Studying in Canada

To gain a study permit, applicants need to provide proof they have enough money to cover a few important expenses. These expenses include living costs, tuition, and return transportation to their home country. 

Study costs depend on various factors - for instance, the length of a degree. Proof of funds can include bank statements or a letter from an approved institution. 

Cost Breakdown: Tuition, Living Expenses, and Permit Fees

The main costs an international student living in Canada faces are tuition, living expenses, and permit fees:

• Tuition: Tuition costs vary between institutions and the specific programs or degrees. Reviewing the fees on a college or university’s website before applying for your permit is important. 
• Living expenses: These include housing, food, insurance, transport, and personal expenses like entertainment. Areas with a high cost of living mean higher living expenses. Ensure you factor this in when determining your budget. 
• Permit fees: Study permit, biometric, and medical examination fees must be factored into your budget.

Fluctuations in currency can also significantly affect your overall costs. Ensure you consider currency rates when determining your budget and allow a bugger for fluctuations. 

Careful financial planning and understanding the inclusion and exclusions in studying costs are key. Scholarships, financial aid, discounts, and waivers available to students can mitigate the financial burden of studying. Consult the IRCC website for full information about the financial requirements. 

Special Considerations for International Students

International students face unique challenges when studying in Canada. They must deal with fee differences based on region and understand the impact of currency and exchange rates. There’s a lot to be aware of before applying for a study permit. 

Fee Differences Based on Nationality or Region

Fees to get a study permit are the same for students from all areas of the world. The standard rate for a study permit is CAD $150. However, exchange rates will affect how much a prospective student will pay in their currency.

International students also pay more tuition fees to study at Canadian public universities and colleges. Tuition for locals is partly covered by their taxes. Fees for studying in Canada are competitive compared to other English-speaking countries, such as Australia, the UK, and the US. 

Currency Exchange Rates and Their Impact on Permit Fees

The cost of study permits and other expenses are charged in Canadian dollars, subject to currency exchange rates. These rates can fluctuate and dictate how much of an international student’s currency is needed to cover costs. 

Students’ families or those funding their education should ensure they have a buffer in case of drastic exchange rate differences. They can also look into currency protection measures to ensure they are prepared for any changes in currency trends. 

Study Permit Extensions and Additional Costs

A permit extension comes with associated fees and additional costs for international students. Here, we break down what you can expect: 

Process and Fees for Study Permit Extension

To extend a study permit, students can apply for an extension at least 30 days before their permit expires. You must complete an application in your BorderPass account and provide proof of sufficient funds and other required documents. A fee is required to process the extension application.

Costs Associated with Changing Educational Institutions (DLI change)

If international students change their designated learning institution (DLI), they must ensure their study permit is updated on their application. If this happens while the application is still in progress, the student can submit new paperwork showing the new school. 

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If the application has already been approved, students must submit a new permit application and pay the same fees again. You may be asked to leave Canada if you change schools without reporting it. You may also not be approved for work or study permits in the future. 

Benefits of the Study Permit Despite the Costs

Despite the high costs of applying for a study permit and studying in Canada, many benefits make the process worthwhile. You can secure a top-class education and open up opportunities for work and possible future migration. 

Canada combines many respected tertiary institutions, an excellent student culture, and immigrant-favoring visa rules. Canada is an extremely popular choice for a lot of international students. 

Access to World-Class Education

Canadian universities and colleges rank among the world’s top universities, offering programs in various fields. These institutions are known for their innovative research, diverse perspectives, and high academic standards. 

High-quality Canadian education is respected around the world. Degrees from Canadian universities and colleges are of high value and well-regarded. 

Moreover, studying in Canada fosters a global mindset and builds networking opportunities in today’s interconnected world. 

Opportunities for Work

Another benefit of studying in Canada is the opportunity to work there during and after study. After students graduate, some may apply for a post-graduation work permit (PGWP).

The PGWP is one of the Canadian government’s work programs designed to attract graduates in specific fields. Working on or off campus while studying is a great way to gain real-world work experience. Working while studying can also greatly help with the financial burden of studying abroad.

Role of the Study Permit in Canada's Education System

The study permit enables international students to access a first-class education and contribute to the diversity of Canadian universities. It ensures students from around the world can bring their unique perspectives to Canada. It also permits international students to study at designated learning institutions, fostering innovation. 

Welcoming international students helps Canada increase the internationalization of its education system. International students seeking work in Canada after their studies also help diversify and improve the Canadian economy.

Key Takeaways

So, we’ve covered the main considerations when it comes to study permit fees for international students coming to Canada! Importantly, we’ve explored:

• Everything you need to know about study permit fees in Canada
• How the permit application process works
• Factors that international students need to consider
• Extending your study permit or changing schools
• Advantages of securing a study permit
• How study permits and international students affect the educational landscape of Canada

When applying for a permit, students must know all the associated costs and financial requirements. You should also be aware of how currency exchange rates impact permit fees. In addition, ensure you understand how the system works if you need a permit extension or to change universities.

Although the study permit process may seem daunting initially, it’s pretty straightforward. However, you must have all the necessary documentation ready and proof of sufficient funds. BorderPass can help with the details, helping the process go smoothly and efficiently!  

Frequently Asked Questions 

How Often Are Study Permit Fees Updated?

The frequency of updates is not set in stone. IRCC review fees and any changes to fees can occur without warning. Applicants can stay updated by keeping an eye on the IRCC website and by using BorderPass.

Are There Any Waivers or Discounts Available?

There are no waivers available regarding study permit fees. However, in some cases, IRCC may waive the need for a student to provide documents showing their financial situation. This is usually only available for students deemed ‘low risk.’ 

What Happens if My Study Permit Application is Rejected? Do I Get a Refund? 

If this happens to you, don’t panic! Get in touch with us here at BorderPass. Our legal team will advise you on your next steps and support you while you learn about your options.