The Financial Affidavit For International Students is a crucial document required by Canadian educational institutions and immigration authorities to ensure international students have sufficient financial resources to support their studies and stay in Canada. This document is typically required during the admission process and for study permit applications, serving as a formal declaration of financial capacity. It includes detailed information about funding sources, bank accounts, sponsorships, and anticipated expenses, all of which must comply with Canadian federal immigration laws and provincial education regulations. The affidavit helps institutions and immigration authorities assess whether students can meet their financial obligations without requiring additional employment or public assistance during their studies.
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1. Declaration Header: Formal header identifying the document as a Financial Affidavit and the relevant jurisdiction
2. Student Information: Full legal name, date of birth, passport details, and current address of the student
3. Educational Institution Details: Name and address of the Canadian institution, program of study, and duration
4. Financial Capacity Statement: Core declaration of available funds and commitment to cover educational and living expenses
5. Breakdown of Expenses: Itemized list of anticipated costs including tuition, living expenses, and other mandatory fees
6. Source of Funds: Declaration of how educational and living expenses will be funded
7. Bank Account Information: Details of accounts containing the declared funds
8. Verification and Authentication: Notarization section, witness requirements, and official stamps
9. Sworn Statement: Legal declaration of truth and acknowledgment of consequences for false statements
10. Signature Block: Spaces for student signature, date, and notary/commissioner signatures
1. Sponsor Information: Required when funds are provided by a sponsor, including their contact details and relationship to student
2. Scholarship Details: Required when student is receiving scholarships or grants, including award details and confirmation letters
3. Employment Income: Required when student has approved work permits or teaching/research assistantships
4. Asset Declaration: Required when using fixed assets or property as proof of financial capacity
5. Currency Exchange Declaration: Required when funds are held in non-Canadian currency
6. Third-Party Authorization: Required when allowing institution to verify financial information with banks or sponsors
1. Schedule A - Bank Statements: Certified copies of bank statements showing required funds
2. Schedule B - Sponsor Financial Documents: Sponsor's proof of income, employment letters, and financial capacity
3. Schedule C - Scholarship/Grant Documentation: Official letters confirming scholarships or financial aid
4. Schedule D - Program Cost Breakdown: Detailed breakdown of tuition and fees from the educational institution
5. Schedule E - Living Expenses Calculation: Detailed estimate of living costs based on location and duration of study
6. Appendix 1 - Supporting Letters: Letters from banks, employers, or sponsors confirming financial information
7. Appendix 2 - Identity Documents: Copies of passport, study permit, and other identification documents
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