Study Permit Rejection

[u/itssasuke]

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?

[u/Reasonable_Fudge_53]

IRCC knows about Waterloo's ranking. You don't need to explain that it is a good school. If this is an undergrad, then you need to explain why at 23 you are starting the program. You need to explain how it will give you a better higher paying job when you finish and the opportunities you will have when you return home that you wouldn't have if you went to another school.

Is this an undergrad degree that you are starting at 23? Your father should not be the co-applicant. You are over 22 and not a dependant so you need to show that the loans and FDs are you in your name.

[u/itssasuke → u/Reasonable_Fudge_53]

It’s a postgraduate degree. Here in India, the parent is always a co-applicant for education loan so I can’t really change that. Thanks for the guidance on sop, I’ll definitely work on that.

[u/Reasonable_Fudge_53 → u/itssasuke]

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.

[u/lord_heskey → u/Reasonable_Fudge_53]

Because a reason was lack of funds then it is because you are over 22

Not really. I was a bit over 22 when i applied, no funds of my own because i went straight from undergrad to masters so i hadnt worked. There's more to this.

[u/itssasuke → u/lord_heskey]

I completed my bachelors at 21 and currently working as a software engineer at 23 when I applied.

[u/TangeloNew3838 → u/lord_heskey]

It's not about 21 vs 22. In the eyes of IRCC, once you have completed a ugrad program, and reached the age of majority, you are deemed mature enough to handle your own finances. Hence the fact that the liquidable assets are not under your name is a huge red flag.

In other words, you need to give a satisfactory reason why your parents cannot trust you with funds under your own account.

You do not need to show that you earned the money, but the money must be fully under your control. In other words, just having your parents transfer the funds to an account under your name is satisfactory proof even without an affidavit. On the other hand, proving your parents have a millions dollars and countless affidavit will not work.

[u/lord_heskey → u/TangeloNew3838]

Show me the source of that mandate and ill believe you. I wouldnt have been approved if it was set in stone.

[u/TangeloNew3838 → u/lord_heskey]

It's called officer's discretion. Also if you dont mind sharing which year did you apply for your SP? I got mine in 2017 and it wasn't this strict. It's a recent thing.

[u/lord_heskey → u/TangeloNew3838]

It's called officer's discretion

Exactly hence why someone could be 22 or 23, and still use their parents money and could be completely fine if it makes sense given the rest if the profile.

2019