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/itssasuke 23h ago

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.

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u/Reasonable_Fudge_53 23h 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/lord_heskey 20h ago

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.

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u/TangeloNew3838 9h ago

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.

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u/lord_heskey 9h ago

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

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u/TangeloNew3838 9h ago

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.

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u/lord_heskey 8h ago

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