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Canada Study Permit Funds 2026: Current IRCC Amounts and Budget Guide
Updated: Sep 4
Quick answer for students and parents
For study-permit applications submitted on or after September 1, 2026 outside Quebec, IRCC lists CAD 23,448 for one person’s annual living expenses. This does not include tuition or transportation. Use the current IRCC table on the date you apply because financial requirements can change.
What to check before you decide
Use current official or institutional information for any rule, fee, date or requirement that can change.
Current 2026 living-expense amounts
The current annual living-expense amounts are
CAD 23,448 for 1 person;
29,192 for 2; 35,888 for 3 person;
43,572 for 4 person;
49,419 for 5 person;
55,736 for 6 person; and
62,054 for 7 person.
Add CAD 6,318 for each additional family member. These figures apply outside Quebec and exclude tuition and transportation.
Build a realistic first-year budget
Add the actual first-year tuition for your program, housing, food, local transportation, health coverage, books and technology, phone and internet, travel to Canada and a reasonable emergency reserve. A federal minimum is not a prediction of what your city will cost.
Prepare clear financial evidence
Use documents that accurately show the money available for your studies and its legitimate source. The right evidence depends on your circumstances. Avoid invented formulas, fixed “seasoning” rules or promises that a particular balance will produce approval.
For families travelling together
Use the current IRCC family-size table and add each person’s real travel and living costs. Quebec has separate financial requirements, so students planning to study in Quebec should use the applicable Quebec and federal instructions.
What Radsam can help with
Radsam can help you compare education costs, organize an education budget and review study-plan documents within the scope of a signed coaching agreement. Radsam is not an RCIC or law firm and does not provide immigration legal representation.
Frequently asked questions
How should answer parents influence realistic education planning?
For study-permit applications submitted on or after September 1, 2026 outside Quebec, IRCC lists CAD 23,448 for one person’s annual living expenses.
What should students verify about answer parents first?
Use answer parents as one decision factor, alongside academic fit, cost, timing, and official requirements that apply to your circumstances.
What makes check before important for student decisions?
Check check before carefully against the article’s evidence, and confirm time-sensitive details with the institution or government source responsible for them.
Which before you details can change over time?
Treat before you as a practical planning issue, not an assumption, and verify current rules, costs, or eligibility before relying on it.
Which living-expense amounts details matter before students decide?
Add CAD 6,318 for each additional family member. These figures apply outside Quebec and exclude tuition and transportation.
Which amounts living-expense factors deserve closer student review?
Document amounts living-expense using accurate records and current sources, especially when deadlines, eligibility, fees, or institutional requirements could affect your decision.
When does Build realistic require additional student research?
Recheck Build realistic whenever your program, institution, timing, or circumstances change, because the most useful decision depends on current verified information.
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