TheBae:
I don't think it's advisable to put the total of the bank statement balances as the funds available for study. If possible, there should still be about 30% of the total funds available for study left in the accounts + good inflow and outflow of cash. No one will use their life savings to sponsor him (at least that's how the VO may see it).

TRUE.....(Supported).. but sometimes the money are not all bin deducted at once...sinx ur sponsor might not release dem at once..dere is time for moni to b generated in..hence the essenx of inflow and out flow....but it best to have way more....had someone who even stated more funds to be available dan d balance in her acct...i guess dey left r due to d acct cash flows...but it best to play safe like theBae suggested.

@eetti
It is okay to put $52,000CAD as funds available for your stay if his sponsor letters can back that up. Nothing wrong with writing down a higher amount if the financial documents corroborate it. One of the issues he needs to fix is putting at least $10k CAD in addition to tuition.

Edited: @eetti "Funds Available For Your Stay" refers to total funds available for your stay, meaning the amount that will be available to cover "tuition"+"room&board"+"other expenses". The image you posted looks like a form that wasn't properly filled.

You can go to IOM without booking, it's only advisable to book, not compulsory. But you have to pay and go with your teller or you won't be attended to. From what I've been hearing lately, IOM is getting fussy about high blood pressure and demanding cardio regularly these days so if you're not confident about that, you might want to try Q-life. I don't know how long it takes them to send medical results though

jpepper:
HELLO ppl, @TheBae,@thesoj can anyone pls advise on the best place to go for my medicals?I mean in terms of efficiency,just got a mail for my medicals this evening and I plan to do it tomorrow morning,I need to get it done nd result sent to cic as soon as possible because am fast running out of time already,is it compulsory to book an appointment before hand?already tried calling the listed d hospitals but got no response,I guess they have closed for the day

thesoj:
@eetti
It is okay to put $52,000CAD as funds available for your stay if his sponsor letters can back that up. Nothing wrong with writing down a higher amount if the financial documents corroborate it. One of the issues he needs to fix is putting at least $10k CAD in addition to tuition.

Edited: @eetti "Funds Available For Your Stay" refers to total funds available for your stay, meaning "tuition"+"room&board"+"other expenses". The image you posted looks like a form that wasn't properly filled.

Having the stated amount in the sponsor's account does nail it, you have to show prove that the sponsor would give you that amount of money, this people don't earn that in a year and you claim that amount of money would be available to you. It sounds fishy.

Kindly explain how you arrived at $52k.. I'll assume the actual amount you may need is about $30k for 2yrs. What about the $22k, what is it for? That's a lot of money and puts so much pressure on your SOAs.
How many siblings do you have? What position are you in your family?

Graviton2:

Total expenses as stated on my letter of acceptance:
Tuition: 13,614
Room and board: 8,681

Funds available for my stay
52,000

Yeah I agree it would be a problem if the $52k CAD doesn't corroborate his sponsors' earnings and/or bank statements.
This is why it is sometimes good (for people with cosponsors or complicated finances) to create a spreadsheet or table to itemize every source of funds and how it adds up to the amount one stated in the "Funds Available For My Stay" box.

eetti:
Having the stated amount in the sponsor's account does nail it, you have to show prove that the sponsor would give you that amount of money, this people don't earn that in a year and you claim that amount of money would be available to you. It sounds fishy.

@TheBae is the new detective on the thread, a la @hayqinsbFX. I love your questions

TheBae:
Kindly explain how you arrived at $52k.. I'll assume the actual amount you may need is about $30k for 2yrs. What about the $22k, what is it for? That's a lot of money and puts so much pressure on your SOAs.
How many siblings do you have? What position are you in your family?

thesoj:
While I would like to think that it is not the sole reason for his refusal, it could be one of the key reasons for his refusal. His sponsor's financials looks pretty good. CIC states that tuition plus $10k CAD is a minimum requirement. The $10k CAD number is not a guideline, it is a minimum requirement. Not meeting that requirement could have soured the VO's disposition towards the application.

If u say this for 'Funds Available' I would probably agree...Bt when the form asks for Room and Board its different....Mind u room and board is not equal to Living expenses minus food.They want to make sure u are atleast in-line with what is obtainable..U can write 10k there and if u fall short in ur statements, insuffient funds will be thicked..Putting 10k there doesn't mean u av met CIC requirement..U simply meet the requirement in ur SOA. Bt u can't put sth ridiculous there too, it shows the person doesn't know what he is doing.

Look at it this way, his account balance should have a minimum of 10k+Tuition.That's what CIC says..He can decide to spend less than 10k in living expenses...That's the way I see it.

thesoj:
Thanks for the responses. The reason why I am/was undecided is because the other dependent of the sponsor just got a TRV to start her MSc in January. As a result, this case is different from your case. My concern is that the VO might find out the details of my sister (she is in their system, tho my bro will list her name with a Naija address on the family form) and distrust the sponsor. So that's the risk.

The benefit of not stating it is that the VO won't reach a conclusion that my brother is running away with my sister lol. The VO may see her as a tie to Canada if the sponsor states it; this may prejudice his view of my brother's intent. The issue on whether to state it or not has nothing to do with available funds, there's more than enough funds for both.

Do you still stick with the same previous analysis given the distinction I just made?

PS: don't mind my fussing, I can be a perfectionist at times. Thanks

Lol..it's allowed.
You are not getting my point. It's not about sufficient/insufficient funds. I'm only telling you what helped me to decide whether to state my sponsor's dependants or not...My family info form!
And that I also did not dwell much on the issue. Just a simple explanation, either in sponsorship letter or affidavit of sponsorship (or both).
Your sister's documents/application was too tight, I believe you'll pull this off too! Agent FiveEyes

[color=#990000][/color]MY PEOPLE I NEED UR HELP ON THIS. any nairalander in university of Regina?. I learn that Co-op is included in m.eng of university of Regina, I need more explanation on it.secondly,I need information on any universities within Alberta, British Columbia and Saskatchewan province that offer co-op with m.eng. Thanks, please I need ur help urgently in order to decide on my next move

thesoj:
@eetti
It is okay to put $52,000CAD as funds available for your stay if his sponsor letters can back that up. Nothing wrong with writing down a higher amount if the financial documents corroborate it. One of the issues he needs to fix is putting at least $10k CAD in addition to tuition.

Edited: @eetti "Funds Available For Your Stay" refers to total funds available for your stay, meaning the amount that will be available to cover "tuition"+"room&board"+"other expenses". The image you posted looks like a form that wasn't properly filled.

In reference to the bold text, I once argued with a Canadian University representative (White guy) about summing up tuition +room and board + others to get funds available for your stay and he refuted. What I finally filled was the image provided.

My point exactly (even though we should include our tuition, that should amount to about 35k +/-). While some people may have stated 50k+ and still got TRV, they probably had way better SOAs that's probably even double that amount with little or no other dependents. We need to try to stay away from the temptation of over-doing things. Personally, I think THAT was THE problem.

eetti:
Lets get something straight.
If your school likes let them specify that you need $8,681 for accommodation and feeding. What about books, transport and clothes?
CIC wants you to have $10,000 so you can provide for the 'other' needs.
@graviton you used your own hand to kill yourself you should not have written $52,000 for funds available for your stay.
Do you have $52,000 as pocket money?
I sit to be corrected sha...

ohammed199:
Am applying to Senecca College to study Businees Admin for Winter Intake 2016, I have OND In Bus Admin and I graduated frm Kwarapoly in 2014 am currently working in a company wia I earn my salary every weekend (Friday) frm a bank which the bank opened for me, my biological father is sponsoring me, now my problem is I wanna pay my full tuition fees and I don't knw d bank I can use in terms of sharp sharp transaction and dia charges....
Help ur hommie @hayqinsbFX, @IyaEjima, @tnuola, @SeraSera
Gracias

Diamond bank ..Form A

@deedee0, makes sense. Thank you.

@berexio1, the best policy is to make it simple for the VO to assess one's application. Based on this premise, it is best to have the amount in "room&board" plus "other" add up to at least $10k CAD, therefore meeting CIC's minimum requirements. This obviously doesn't mean that the applicant still couldn't be denied for other reasons.

Yeah. That's why IMO inflow can be more relevant than balance. BUT, some VOs are more critical than doing this basic math. What if the sponsor's source of income is negatively affected by external source and he is unable to generate the money? You end up working overtime in Canny or even doing illegal stuff. They need some sort of Insurance that that money is almost available instantly except the inflow is quite exceptional. I think these are some of the mistakes some of us make. I stand to be corrected anyway

ahyotomiwa:


TRUE.....(Supported).. but sometimes the money are not all bin deducted at once...sinx ur sponsor might not release dem at once..dere is time for moni to b generated in..hence the essenx of inflow and out flow....but it best to have way more....had someone who even stated more funds to be available dan d balance in her acct...i guess dey left r due to d acct cash flows...but it best to play safe like theBae suggested.

@TheBae I hope we meet in NS though, still waiting for CIC to make a request for my passport

BrightFuturewit:

I will look at Manitoba. How was your application to Simon frazer like? I'd like to look at their webaite as well . Did it take 6 weeks to get a response from the school?

About two months after application deadline

Lol it's just weird. I know for sure that my father won't drop $52k just like that but I guess it happens like in your case
Of course with a very attractive SOA (which is not the case in his application), it'd probably pass if he's his sponsor's only dependant. They probably know that his aunty won't give him $20k anyway, the SOA gave that away. I think that's the major problem, $52k is too much for the SOAs presented

thesoj:
@TheBae is the new detective on the thread, a la @hayqinsbFX. I love your questions

Sure thing

eetti:
@TheBae I hope we meet in NS though, still waiting for CIC to make a request for my passport

The fact that he is a university representative doesn't mean that he understands how to fill study permit application forms to CIC. His job is to help with admissions or to advertise the school, not to fill and understand visa application forms. Also, his being white has nothing to do with it (no offense, just saying). The guy is wrong, actually (I'm usually not this blunt lol).

University admissions representatives have compartmentalized jobs, and I wouldn't expect them to know how to fill student visa application forms correctly. This is not their job. They do not work very closely with or for CIC, and they can't even influence CIC's decisions.

"Funds Available For Your Stay" refers to funds available for your time in Canada. (read through Step 2 in the hyperlinked page). To me, it is pretty clear; and every link I found online corroborates this.

eetti:
In reference to the bold text, I once argued with a Canadian University representative (White guy) about summing up tuition +room and board + others to get funds available for your stay and he refuted. What I finally filled was the image provided.

eetti:


In reference to the bold text, I once argued with a Canadian University representative (White guy) about summing up tuition +room and board + others to get funds available for your stay and he refuted. What I finally filled was the image provided.

To be honest, that's pretty strange. Like @thesoj said, I believe funds available refers to tuition + room&board + other expenses. For example, in my application, I put in 80k as funds available and thankfully, I got my TRV.

Since you say that's what you were told though, it's fine.
Different strokes for different folks.

Yeah if I were Graviton2, I would only add like $12k CAD (total of "room&board" plus "other" ) to the tuition, and then write the total (no more than $26k CAD) as funds available for my stay. This would put less pressure on the bank accounts.

Edited: Writing $52k is okay if the bank statements are massive enough to handle it. In my sister's app, we wrote the total amount that the sponsor promised for the two years total; but putting an amount for one year is ok too.

TheBae:
Lol it's just weird. I know for sure that my father won't drop $52k just like that but I guess it happens like in your case
Of course with a very attractive SOA (which is not the case in his application), it'd probably pass if he's his sponsor's only dependant. They probably know that his aunty won't give him $20k anyway, the SOA gave that away. I think that's the major problem, $52k is too much for the SOAs presented

thesoj:
The fact that he is a university representative doesn't mean that he understands how to fill study permit application forms to CIC. His job is to help with admissions or to advertise the school, not to fill and understand visa application forms. Also, his being white has nothing to do with it (no offense, just saying). The guy is wrong, actually (I'm usually not this blunt lol).

University admissions representatives have compartmentalized jobs, and I wouldn't expect them to know how to fill student visa application forms correctly. This is not their job. They do not work very closely with or for CIC, and they can't even influence CIC's decisions.

"Funds Available For Your Stay" refers to funds available for your time in Canada. (read through Step 2 in the hyperlinked page). To me, it is pretty clear; and every link I found online corroborates this.

Aha! Much better, there's the link to clarify the info to be provided in that field, so everyone is on the same page.

UG finances I have studied so far require 2digit SOAs..U can read back the thread to confirm this..finances has to be strong...

Many thanks,really appreciate,God bless!

thesoj:
@jpepper Here is your answer.

True... makes sense. UG lasts four years after all.

berexio1:
UG finances I have studied so far require 2digit SOAs..U can read back the thread to confirm this..finances has to be strong...

TheBae:
Kindly explain how you arrived at $52k.. I'll assume the actual amount you may need is about $30k for 2yrs. What about the $22k, what is it for? That's a lot of money and puts so much pressure on your SOAs.
How many siblings do you have? What position are you in your family?

I'm going for an Undergraduate degree. It's 4years, hence the large sum.

I have only one sibling and he's 12. I'm 20. I'm the first son.

Yes of course, it all depends greatly on the SOA and dependents. Someone can have N50M SOA and still get denied for insufficient funds because he has 20 siblings, 15 of which are dependent on the same sponsor. So yeah, a lot of factors need to be considered before dropping huge figures

thesoj:

Yeah if I were Graviton2, I would only add like $12k CAD (total of "room&board" plus "other" ) to the tuition, and then write the total (no more than $26k CAD) as funds available for my stay. This would put less pressure on the bank accounts.

Edited: Writing $52k is okay if the bank statements are massive enough to handle it. In my sister's app, we wrote the total amount that the sponsor promised for the two years total; but putting an amount for one year is ok too.

Undergraduate? TBH, the funds are truly insufficient BUT a good inflow should have helped a bit. How was the inflow? Did the inflow show that within the next 2 or more years your sponsors would still have up to or more than the current balance to continue funding you and to fund your brother who still needs millions to see him through the next few years of his life?
The solution is to take time out to beef up both SOAs or look for a better co-sponsor while still beefing up your dad's SOA.
Everyone is waiting for your success story

Graviton2:


I'm going for an Undergraduate degree. It's 4years, hence the large sum.

I have only one sibling and he's 12. I'm 20. I'm the first son.

thesoj:
Ok fair enough, but this means you have to write something in the "Other" category so that the total amount (outside of tuition) is at least $10k CAD, per CIC requirement.

In my first (This is my second), I made sure I filled the "other" section too...Yet I was denied for the exact same reason as now.

Lol. true true. I like the way your mind works.

TheBae:
Yes of course, it all depends greatly on the SOA and dependents. Someone can have N50M SOA and still get denied for insufficient funds because he has 20 siblings, 15 of which are dependent on the same sponsor. So yeah, a lot of factors need to be considered before dropping huge figures

Bummer. Yeah I'm thinking you may also need to boost your sponsors' bank statements then. Or get an additional co-sponsor. I hope in this application you were meticulous about including documents about all your sponsors' sources of income/funds. Perhaps because you are UG, the VO needs to see bank statements in the double figures (as berexio1 stated). Also, maybe your sponsors' letters need some tweaking.

Edited: @Graviton2 yes the sponsor bank statements have to be six months. The four-month statements you submitted could also have caused the VO to be skeptical.

Graviton2:
In my first (This is my second), I made sure I filled the "other" section too...Yet I was denied for the exact same reason as now.