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Enhancing Support for International Students in Canada: Changes to Financial Requirements and Policy Updates

December 8, 2023 By Invicta

Enhancing Support for International Students in Canada: Changes to Financial Requirements and Policy Updates

Canada has long been a preferred destination for international students, offering high-quality education, a diverse society, and opportunities for post-graduation work or permanent immigration. However, challenges such as finding suitable housing have been a concern for many international students. In a recent announcement, the Honourable Marc Miller, Minister of Immigration, Refugees, and Citizenship, unveiled significant changes to address these challenges and enhance the overall experience for international students.

Financial Preparedness for International Students

Starting January 1, 2024, the cost-of-living financial requirement for study permit applicants will be increased to ensure that international students are adequately prepared for life in Canada. The previous threshold, set in the early 2000s at $10,000 for a single applicant, has been updated to $20,635 for 2024, representing 75% of the low-income cut-off (LICO). This adjustment aims to reflect the current cost of living and prevent students from arriving in Canada with insufficient funds. The new requirement will apply to study permit applications received on or after January 1, 2024.


Recognizing that the impact of these changes may vary, the government plans to implement targeted pilots in collaboration with partners. These initiatives will test new ideas aimed at helping underrepresented cohorts of international students pursue their studies in Canada. This commitment underscores the government’s dedication to inclusivity and ensuring that the benefits of international education are accessible to a diverse range of students.

Reforms to the International Student Program

This announcement follows recent reforms to the International Student Program, emphasizing the development of a new framework to recognize learning institutions providing top-quality services and support, including housing. Learning institutions are now expected to accept only the number of students they can adequately support. Ahead of the September 2024 semester, measures, including potential visa limitations, may be implemented to ensure that designated learning institutions provide sufficient student support, fostering a positive academic experience.

Policy Updates

Minister Miller also provided updates on three temporary policies affecting international students:

1. Extension of Off-Campus Work Hours: The waiver on the 20-hour-per-week limit for off-campus work during the academic session has been extended to April 30, 2024. Options for future policies, such as expanding off-campus work hours to 30 hours per week, are under consideration.

2. Continuation of Distance Learning Facilitation: Students who begin a study program before September 1, 2024, can continue to count time spent studying online toward the length of a future post-graduation work permit, as long as it constitutes less than 50% of the program.

3. Expiration of Temporary Work Permit Extension: The temporary policy providing an additional 18-month work permit to post-graduation work permit holders, expiring up to December 31, 2023, will not be extended further.

As Canada seeks to maintain the social, cultural, and economic benefits brought by international students, these changes reflect a commitment to addressing vulnerabilities and enhancing the integrity of the International Student Program. The increase in the cost-of-living threshold, along with targeted pilots and policy updates, aims to create a more supportive environment for international students, ensuring they are well-prepared for their academic journey in Canada.

The experienced immigration lawyer Maria Campos can help your future study application in Canada succeed. Contact us today to schedule a consultation or to obtain a quote.

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Enhancing Support for International Students in Canada: Changes to Financial Requirements and Policy Updates

December 8, 2023 By Invicta

Canada has long been a preferred destination for international students, offering high-quality education, a diverse society, and opportunities for post-graduation work or permanent immigration. However, challenges such as finding suitable housing have been a concern for many international students. In a recent announcement, the Honourable Marc Miller, Minister of Immigration, Refugees, and Citizenship, unveiled significant changes to address these challenges and enhance the overall experience for international students.

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