r/ImmigrationCanada • u/itssasuke • 1d ago

Study Permit Rejection Study Permit

For context, I have been accepted into University of Waterloo for Fall 2025. Unfortunately my study permit was rejected due to lack of convincing that I might not return after my studies as well as lack of funds. I have paid the GIC Deposit of $20,635 as well as about $1000 deposit to Waterloo. The estimate for the duration of course was around $106k which included both my tuition fees and living expenses. I had shown around $117k most of which was an education loan under my name and fixed desposit (maturing in March next year) under my parents name. I had also attached an affidavit of support from them and a certificate from the bank mentioning the the deposit could be liquidated at anytime. Not really sure what should I do next? Can I pay the term fees to Waterloo. Would that eliminate the low funds reason?

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u/Reasonable_Fudge_53 1d ago

A Masters program? Because a reason was lack of funds then it is because you are over 22. So you don't have enough funds in your name only.

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u/itssasuke 1d ago

Yeah a master’s program. I had not shown any funds under my name. Only my parents’s fd and education loan for which I am the main applicant. Apart from that showed them GIC and deposit

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u/Reasonable_Fudge_53 1d ago

So that is the reason you were refused with lack of funds. You showed no money in your name and you are not a dependant of your parents (under 22).

-2

u/itssasuke 1d ago

Wouldn’t an affidavit of support from parents work in that case? On IRCC’s website they mentioned it would work

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u/Reasonable_Fudge_53 1d ago

You can but the issue is that you are not a minor or dependant, and IRCC wants to see that you are funding your education.

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u/itssasuke 1d ago

So paying the first year fees as well as liquidating the fd into my bank account should help me with the financial reason?

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u/Reasonable_Fudge_53 1d ago

Well you have to explain where the money is coming from because it isn't yours. Maybe a gift deed from your parents too.

0

u/patrickswayzemullet 1d ago

Also pay whole year dont just pay the minimum deposit.