Maple News reports that Quebec will implement major changes to its study permit financial requirements starting January 1, 2026. International students applying to study in Quebec will soon need to demonstrate a much higher level of financial stability, with required proof of funds set to more than triple for some applicants.
The revised requirements will apply not only to new applicants but also to current international students who need to extend their study permits. The increase is designed to reflect rising living costs and ensure that students can realistically support themselves during their studies in the province.
For instance, a single student under 18 will need to show they have $24,617 CAD available for living expenses—up from the current $7,756. Similarly, a single adult student aged 18 or older will also need to prove access to $24,617, an increase of over $9,000 from the present $15,508.
The new financial thresholds vary depending on the number of people included in the application. For example, a family of four (two adults and two children) will need to show $49,234 in available funds, up from the existing $27,499 requirement.
Importantly, these higher fund requirements are in addition to tuition fees and travel expenses. Applicants must show they can cover all costs associated with studying in Quebec to be eligible for a study permit.
Here’s how the changes break down:
– One applicant under 18: $7,756 ➝ $24,617
– One applicant 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
These more stringent requirements are expected to influence the planning process for prospective international students, who must now begin preparing significantly earlier.
According to Maple News, the new policy underlines Quebec’s intent to maintain a financially stable international student population. International applicants are advised to review their financial plans carefully to ensure they remain eligible under the revised criteria.