I am to file my Study Permit application soon for fall intake. My 4 months bank statements shows fluctuations in the…
CanadaStudy Permit1I am to file my Study Permit application soon for fall intake. My 4 months bank statements shows fluctuations in the level of funds. At points the funds dip below the level of required funds. However, funds are replenished back to the level of required funds. Closing balance does show that the funds are inline with the required number. Is fluctuations of funds below the required amount at any time during the 4 months span a case of an outright refusal or not? Should I go ahead with such a POF?
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Bank statement shows funds dipping below the required level mid-period — does that risk a study permit refusal?
4 Answers
Rajpreet Singh My funds decreased and then increased to the required level. Is it absolutely compulsory to keep the funds above the required amount during the 4 months period or any decrease in the funds is not an issue especially when the funds are ra… See more
If your funds which were debited and then later credited to account are significantly higher, then you need to justify it in your SOP.
Abeer Zai yes, you need to have the final figure of funds more than what is asked for.
Rajpreet Singh I got it. Thank you very much indeed