AJV Global

Author: Mary

  • How much will it cost to study in New Zealand?

    Over the last decade, New Zealand has gained popularity amongst international students, not just for its scenic beauty. And, why not? New Zealand offers world-class study programs and qualifications which are globally recognized and accepted. New Zealand universities rank in the top 500 in QS World University Rankings 2022. Students can extend their stay after completion of the courses with the Post Study Work Visa (PSWV) for one to three years. It boasts of high-quality standards of both life and education. 

    New Zealand is the world’s second safest country to live in. This is an important factor while deciding to migrate considering the contingent and volatile world affairs. The community here is friendly and welcoming irrespective of your background and age. The international students’ circuit has people over 50 years of age too. Here, a student can be a learner regardless of age group. With its wide range of study career-focused and job-ready courses, New Zealand continues to lure international students even during the pandemic.

    It is a myth that only courses listed in the Long Term Skill Shortage List have career prospects. The fact is any qualifications for occupations listed in the Australian and New Zealand Standard Classification of Occupations (ANZSCO), preferably levels one to three, offer career opportunities. Read on to find out the top courses to study in New Zealand.

    Business and Management

    This is one of the most sought out subjects due to the following reasons:

    • Versatility in terms of eligibility and employment. For example, even if you are coming from a science stream, you can pursue a business course. 
    • Diverse career scope with so many more branches to select under this head like marketing, business analytics, economics, project management, human resource, etc. 
    • Ample opportunities to build wider professional networks. 
    • The experience gained through projects and internships gives a head start in the job market. 
    • Opens up entrepreneurial opportunities. 

    Job Prospects:

    • Public Relations and Sales Managers
    • Advertising and Marketing Professionals
    • Business Administration Managers
    • Business and Human Resource Professionals
    • Management and Organisation Analysts
    • Project Manager

    Accountancy and Finance

    There are many undergraduate and postgraduate study choices available in accounting and finance. This is why you should consider studying accounting and finance in New Zealand:

    • A course in professional accounting prepares you for professional qualifications, and
    • Membership with the Association of Chartered Certified Accountants (ACCA), Chartered Accountants Australia and New Zealand (CA ANZ), Certified Practising Accountants Australia (CPA Australia), and Chartered Institute of Management Accountants (CIMA).
    • Professional finance courses like applied finance that prepare you for professional membership with Chartered Financial Analyst (CFA). 
    • You don’t need to have an accounting qualification or a background to study professional accounting and applied finance. 
    • A variety of job roles in any industry is available 

    Job Prospects:

    • Auditors and Company Secretaries
    • Chartered Accountants
    • Valuation Analysts
    • Investment Advisers
    • Finance Managers
    • Financial Brokers and Dealers

     The average annual salary you can earn are: 

    • Accountant – NZ$55602*
    • Chartered Accountant – NZ$71926* 
    • Financial services – NZ$75k*

    Engineering

    On successful completion of the defined engineering papers or course, you can apply for an NZ registration as a Chartered Professional Engineer by Engineering New Zealand. Engineers are in demand. Hence, job availability is more, and so is the salary. The average salary for a New Zealand Engineer is NZ$69,374*. More reasons to study engineering here are:

    • The academic curriculum collaborates theory with practical and projects. 
    • Effectively designed programs to make students skilled and competent in the real world. 
    • Small class sizes allow professors to give undivided attention to students. 
    • Tutors are themselves from the industry which further helps students in building ties with engineering professionals. 
    • This stream spans various other subjects in construction management, civil engineering, highway engineering, mechanical engineering, electric and electronic engineering, and software engineering.

    Job prospects: 

    • Engineering Managers
    • Engineering Professionals
    • Engineering Trades Workers
    • Engineering Draftspersons and Technicians
    • Engineering Trades Workers

    Food, Hospitality and Tourism

    New Zealand is renowned for its natural landscapes and picturesque sceneries. This makes it a hot spot for tourists and adventure sports. This industry generates one of the highest revenues for the NZ government. You surely won’t like to miss out on the benefits of mastering culinary arts and practical skills needed to succeed in the Food, Hospitality, and Tourism industry. Benefits include:

    • Multitude job opportunities. 
    • More practical modules than theory
    • Hands-on experiences as student accommodation are generally in a resort or hotel which gives them hands-on experiences as they

    The average salary in Travel and Hospitality Services is NZ$59k*. 

    Job Prospects:

    • Café and Restaurant Manager
    • Food and Beverage Manager
    • Chefs
    • Travel Agency Manager
    • Accommodation, Retail, Service, and Hospitality Managers

    Computing and Information Technology 

    New Zealand’s technology sector is large, manifold and progressing keeping in tandem with the global tech demands. You can specialize in areas such as gaming, animation, AI, machine learning, cyber security, data management, UX, creative technology and digital design. Reasons to study this course in New Zealand:

    • Great career outcomes due to its excellent technical education. 
    • Most skills from the shortage list revolve around this particular industry.
    • Courses not reserved for technology geniuses
    • Customized courses for students not from a similar background
    • Superb and seasoned intellectuals as tutors
    • Ample scope to explore research and innovation opportunities in the country. 
    • There are so many different job roles in this industry. 

    The average base salary of Information Technology (IT) Services is NZ$71k*. 

    Job Prospects:

    • Database and Systems Administrators
    • Cyber Security Specialists
    • Business and Systems Analysts, and Programmers
    • ICT Trainers, Support and Test Engineers
    • Multimedia Specialists and Web Developers
    • Software and Applications Programmers 
    • Computer Network Professionals
    • Graphic and Web Designers, and Illustrators

    *The figures are from PayScale 2021 data.

  • Popular Courses to Study in New Zealand

    Over the last decade, New Zealand has gained popularity amongst international students, not just for its scenic beauty. And, why not? New Zealand offers world-class study programs and qualifications which are globally recognized and accepted. New Zealand universities rank in the top 500 in QS World University Rankings 2022. Students can extend their stay after completion of the courses with the Post Study Work Visa (PSWV) for one to three years. It boasts of high-quality standards of both life and education. 

    New Zealand is the world’s second safest country to live in. This is an important factor while deciding to migrate considering the contingent and volatile world affairs. The community here is friendly and welcoming irrespective of your background and age. The international students’ circuit has people over 50 years of age too. Here, a student can be a learner regardless of age group. With its wide range of study career-focused and job-ready courses, New Zealand continues to lure international students even during the pandemic.

    It is a myth that only courses listed in the Long Term Skill Shortage List have career prospects. The fact is any qualifications for occupations listed in the Australian and New Zealand Standard Classification of Occupations (ANZSCO), preferably levels one to three, offer career opportunities. Read on to find out the top courses to study in New Zealand.

    Business and Management

    This is one of the most sought out subjects due to the following reasons:

    • Versatility in terms of eligibility and employment. For example, even if you are coming from a science stream, you can pursue a business course. 
    • Diverse career scope with so many more branches to select under this head like marketing, business analytics, economics, project management, human resource, etc. 
    • Ample opportunities to build wider professional networks. 
    • The experience gained through projects and internships gives a head start in the job market. 
    • Opens up entrepreneurial opportunities. 

    Job Prospects:

    • Public Relations and Sales Managers
    • Advertising and Marketing Professionals
    • Business Administration Managers
    • Business and Human Resource Professionals
    • Management and Organisation Analysts
    • Project Manager

    Accountancy and Finance

    There are many undergraduate and postgraduate study choices available in accounting and finance. This is why you should consider studying accounting and finance in New Zealand:

    • A course in professional accounting prepares you for professional qualifications, and
    • Membership with the Association of Chartered Certified Accountants (ACCA), Chartered Accountants Australia and New Zealand (CA ANZ), Certified Practising Accountants Australia (CPA Australia), and Chartered Institute of Management Accountants (CIMA).
    • Professional finance courses like applied finance that prepare you for professional membership with Chartered Financial Analyst (CFA). 
    • You don’t need to have an accounting qualification or a background to study professional accounting and applied finance. 
    • A variety of job roles in any industry is available 

    Job Prospects:

    • Auditors and Company Secretaries
    • Chartered Accountants
    • Valuation Analysts
    • Investment Advisers
    • Finance Managers
    • Financial Brokers and Dealers

     The average annual salary you can earn are: 

    • Accountant – NZ$55602*
    • Chartered Accountant – NZ$71926* 
    • Financial services – NZ$75k*

    Engineering

    On successful completion of the defined engineering papers or course, you can apply for an NZ registration as a Chartered Professional Engineer by Engineering New Zealand. Engineers are in demand. Hence, job availability is more, and so is the salary. The average salary for a New Zealand Engineer is NZ$69,374*. More reasons to study engineering here are:

    • The academic curriculum collaborates theory with practical and projects. 
    • Effectively designed programs to make students skilled and competent in the real world. 
    • Small class sizes allow professors to give undivided attention to students. 
    • Tutors are themselves from the industry which further helps students in building ties with engineering professionals. 
    • This stream spans various other subjects in construction management, civil engineering, highway engineering, mechanical engineering, electric and electronic engineering, and software engineering.

    Job prospects: 

    • Engineering Managers
    • Engineering Professionals
    • Engineering Trades Workers
    • Engineering Draftspersons and Technicians
    • Engineering Trades Workers

    Food, Hospitality and Tourism

    New Zealand is renowned for its natural landscapes and picturesque sceneries. This makes it a hot spot for tourists and adventure sports. This industry generates one of the highest revenues for the NZ government. You surely won’t like to miss out on the benefits of mastering culinary arts and practical skills needed to succeed in the Food, Hospitality, and Tourism industry. Benefits include:

    • Multitude job opportunities. 
    • More practical modules than theory
    • Hands-on experiences as student accommodation are generally in a resort or hotel which gives them hands-on experiences as they

    The average salary in Travel and Hospitality Services is NZ$59k*. 

    Job Prospects:

    • Café and Restaurant Manager
    • Food and Beverage Manager
    • Chefs
    • Travel Agency Manager
    • Accommodation, Retail, Service, and Hospitality Managers

    Computing and Information Technology 

    New Zealand’s technology sector is large, manifold and progressing keeping in tandem with the global tech demands. You can specialize in areas such as gaming, animation, AI, machine learning, cyber security, data management, UX, creative technology and digital design. Reasons to study this course in New Zealand:

    • Great career outcomes due to its excellent technical education. 
    • Most skills from the shortage list revolve around this particular industry.
    • Courses not reserved for technology geniuses
    • Customized courses for students not from a similar background
    • Superb and seasoned intellectuals as tutors
    • Ample scope to explore research and innovation opportunities in the country. 
    • There are so many different job roles in this industry. 

    The average base salary of Information Technology (IT) Services is NZ$71k*. 

    Job Prospects:

    • Database and Systems Administrators
    • Cyber Security Specialists
    • Business and Systems Analysts, and Programmers
    • ICT Trainers, Support and Test Engineers
    • Multimedia Specialists and Web Developers
    • Software and Applications Programmers 
    • Computer Network Professionals
    • Graphic and Web Designers, and Illustrators

    *The figures are from PayScale 2021 data.

  • Study in Canada – Life of an International Student

     

    Canada is a fascinating blend of various cultures and modern thought, bound together by a strong sense of diversity. As an international student, you’ll have a plethora of interesting opportunities ahead of you, including the chance to see exotic locations and meet new people. You’ll find that many Canadian customs are already known to you because Canada is like a global city, and you’ll settle in faster than you think.

    Due to its high quality of education, diversified culture, and overall quality of life, Canada is one of the world’s most popular study destinations. Thousands of international students are welcomed each year, and they are set on a path to academic and personal success.

    Read on to explore what you can expect as an international student in Canada. Let’s start with the culture here.

    Canadian Culture

    Canada is known to be the second happiest country in the world; it is vast, multicultural, and multilingual. The most basic fact about Canadians is that they are truly polite and friendly. Regardless of your gender, ethnicity, religion, and occupation, you are accepted here. Initially ‘Canadian English’ might sound surprising to you until you get used to the lingos. Usage of niceties like “sorry,” “thank you,” “may I,” “excuse me,” and “please,” is a social standard. Also, tipping in Canadian restaurants, salons, and taxis, along with a “Thank you”, is much expected.

    Accommodation

    Canada is a very large country; the second biggest in the world. It is a country of immigrants. International migration accounted for 58.0% of population growth in 2020. As an international student, if you are staying in a PG or a homestay with a Canadian family, I am sure, you’ll feel settled and secure and most importantly at home. As an international student, you can opt for an on-campus residence facility or look for off-campus accommodation.

    It is observed that most international students prefer staying off-campus. In this case, you can get a space for yourself on rent in shared apartments/condominiums. Remember, the rentals will vary from city to city.

    Most universities and colleges in Canada offer dormitories or townhouses for students from other countries. However, you need to apply for it separately, and well ahead in time to secure a slot for yourself. The cost for on-campus housing may or may not include a meal plan and or other utilities such as phone and internet connection. The benefit of staying on campus is that you will get to spend more time in and around your campus.

    Campus Life

    At the university/college level, most of your day will be spent on practical-based career-centered education. your days will include lectures, labs, tutorials, and workshops. This variety is what campus life is all about in Canadian universities. Your professors and instructors schedule office hours for students, so you can meet with them to discuss assignments or questions. A lot of colleges/universities do have buddy programs, where a graduate/senior student in your field will also be there to provide that extra learning support.

    We believe the campus environment plays a major role in the quality of the student experience. That’s why most universities and colleges offer many extracurricular and fun activities and clubs to create a fun and interactive environment for all students. These activities can range anywhere from dance groups and cooking classes, to video game clubs and athletic teams. If you have a hobby you enjoy and want to find people who are also interested, social clubs are a good place to start. Apart from all of this, all campuses have a gym, health services, library, dining hall, class buildings, restaurants, and grocery stores. So, you see there’s so much to explore and do on the campus.

    Leisure Time

    All study and no play make Jack a dull boy! So, there are abundant leisure and entertainment activities for all the international students. Canadians also enjoy a very active lifestyle and frequently participate in various indoor and outdoor activities all year round. As we discussed earlier, there are lots of activities and social clubs and groups available on the campus and we have seen students get to be a part of it very easily. The availability of the number of rivers, lakes, and seas in various parts of Canada makes water sports one of the favorites and popular. Some of the popular activities include cycling, reading, bowling, golfing, walking, skating, hiking, cooking, skiing, swimming, and many more. 

    Commuting

    Canada’s public transit system is safe, efficient, and well-connected. Depending on where you stay, you can use public transportation such as Buses, trains, subways, and light-rail trails, or you can cycle around, or walk to your institution. There are student discounts available when using various public transportation options, this makes it simple to navigate throughout Canada.

    Fooding

    We know, food is a favorite topic for most of us and we are sure, every aspiring student will have lots of questions about it. But, to summarize, yes you do get Indian food in Canada. There are many Indian and other Asian restaurants where you can walk in and enjoy our traditional delicacies. However, you will also have to remember that, being an international student, it may not be feasible for you to eat outside every day and hence most the students prefer to cook at home. There are many Indian stores where you will get Indian spices and groceries. Alternatively, if you are residing on campus, you can also enroll for meal plans at your university/college cafeterias.

    Staying Connected

    Staying connected with your friends, family, and the university will likely be on your list of essentials. In Canada, you have the option of choosing between a pay-as-you-go (prepaid) or postpaid phone plan. However, since postpaid plans typically require a credit check, most international students start with prepaid phone service. Some carriers also allow you to purchase a prepaid SIM card online and have it delivered to your address. International students living on-campus typically have internet access through their local Wi-Fi.

    In a Nutshell

    That’s right! Student life in Canada is about more than just academic success. You will be spending time and networking with your classmates, faculty, and the locals. New connections and friendships. As Canadians are welcoming and friendly, you will feel good about living in Canada. Many universities have on-campus student groups where you might find people with similar interests or backgrounds. You will have ample options to engage in extracurricular activities, such as socializing, sports, exercising, exploring the city, or working part-time. 

    While in Canada explore the city and enjoy your student life.

  • Skills in Demand in Canada 2022

    “The long-term effects of Covid-19 on the Canadian economy and labor have resulted in certain irreversible consequences. However, the Canadian government has been focusing on getting Canadian businesses up and running again since last year.

    “Adaptability, efficiency and responsiveness are the key themes that will permeate throughout 2022 and will be important for organizations to adopt if they want to stand out from their competitors and retain their competing edge”, said Patrick Poulin, Group President, Randstad Canada. “Again, this year, we anticipate that the job seekers will be spoilt for choice if they have the skills so sought after by employers”.

    The Most In-Demand Skills for 2022

    1. Customer service
    2. Budgeting
    3. Scheduling
    4. Project management
    5. Sales
    6. Quality control
    7. Cleaning
    8. Administrative support
    9. Repair
    10. Accounting

    While retail workers and cashiers were in high demand last year, businesses today place a greater emphasis on customer service than ever before. As a result, in 2022, job seekers with customer service and administrative support abilities will have no trouble obtaining work. Due to the necessity for organizations to address safety and wellness considerations, scheduling is a new function added to this year’s list. Companies are looking to sophisticated scheduling software and other solutions to maintain an even, the distant flow of employees while also serving everyone in order to comply with health standards and ensure a safe work environment.

    The Top 10 Highest Paying Jobs

    1. Computer Software Engineer

    The average salary for a Software Engineer (NOC 2173) in Canada is C$78407.

    1. Business Development

    The average salary for a Business Development Manager (NOC 4163)in Canada is C$69817.

    1. Financial Controller

    The average salary for a Financial Controller (NOC 0111) in Canada is C$82408.

    1. Cloud Architect

    The average salary for a Cloud Solutions Architect (NOC 2171) in Canada is C$116398.

    1. Manufacturing Manager

    The average salary for a Manufacturing Manager (NOC 0911)  in Canada is C$91576.

    1. IT Operations Manager

    The national average salary for an IT Operations Manager (NOC 0213)  is $100,904 in Canada.

    1. Applications Programming Manager

    The average salary for an Applications Systems and Program Manager (NOC 2011)  in Canada is C$90086.

    1. Electrical Engineer

    The average salary for an Electrical Engineer (NOC 2011 – 2133) in Canada is C$71358.

    1. Marketing Director

    The average salary for a Marketing Director (NOC 0124)  in Canada is C$94610.

    1. Construction Project Manager

    The average salary for a Project Manager, Construction (NOC 0711) in Canada is C$74070

    Canada is facing a general STEM shortage which often drives higher compensation for technical jobs like electrical engineering and management-focused jobs like a plant manager.

    The Most In-Demand Soft Skills

    • People management
    • Adaptability
    • Time management
    • Persuasion
    • Creativity
    • Collaboration

    Job markets are constantly changing, but the COVID-19 epidemic has accelerated many of those shifts. As a result, businesses are looking for applicants that have both hard and soft talents. Economic forces, changing client and consumer preferences, highly competitive marketplaces, and regulatory constraints all contribute to the current transition.

    Conclusion

    Studying abroad is an important decision that requires a well-thought-out plan. Navigating what’s trending in the Canadian job market will help you understand how the workforce operates there. It will give you the direction to choose the right course.

     

    (Source: Randstad Canada, Payscale, Glassdoor)”

  • Top 5 Courses to Study in Canada

    “Canada continues to be the most popular study destination. The primary reasons are the multitude of available study options, scholarships, location, and cost-effective courses. The wide spectrum of courses is globally accredited and career-oriented. The Post Study Work Permit allows you to work in the country, thus, gaining practical experience. This not only makes you a global citizen but also boosts your chances of residency in an easier way through the Express Entry program. Let’s explore the most popular courses to study in Canada for an international student.

    1. Business Management

    The expanding trend of obtaining an MBA from a prestigious university has become a cliché. Canada’s institutions, on the other hand, can give you strong alumni and business ties to help you lead your career in this competitive market, as well as help you find your place in the professional world. A business management degree in Canada prepares you for a global career by teaching you problem-solving, leadership, and strategic planning skills. For business grads, there are a lot of job opportunities. These courses are extremely popular among students all over the world. Several universities and colleges around Canada offer management courses. Few such ones are as follows:

    • McGill University
    • Smith School of Business
    • York University
    • Rotman School of Management
    • Schulich School of Business

    Income

    The average salary of a business management graduate in Canada is $78,890 per year or $40.46 per hour. Entry-level positions start at $67,232 per year, while most experienced workers make up to $110,680 per year.

    2. IT and Computer Science

    There’s no turning back now that we’ve entered the digital age. Because new technologies are constantly being developed, there is a perpetual demand for brilliant tech minds who can design, maintain, and repair both gadgets and code. Because of the high demand for qualified IT workers, careers in IT and computer science are well-paid. To attract more students to these courses, the Indian and Canadian governments offer several scholarships, immigration incentives, and lower tuition prices.

    Most universities here provide world-class IT and Computer Science courses like the following top ones:

    • University of Toronto
    • University of Winnipeg
    • University of British Columbia
    • University of Waterloo
    • McGill University
    • McMaster University
    • University of Prince Edward Island
    • University of Saskatchewan
    • Royal Roads University
    • Saskatchewan Polytechnic

    The top programmes in the IT and Computer Sciences category to study in Canada are:

    • Information system analysts
    • Database analytics or analysts
    • Data science
    • Software engineering
    • Computer programming
    • Web designing and development
    • Cyber security
    • Robotics
    • Artificial Intelligence

    Income

    The average salary of an IT professional in Canada is $69,980 per year or $35.89 per hour. Entry-level positions start at $48,750 per year, while most experienced workers make up to $100,049 per year.

    3. Engineering

    Canada produces a considerable number of engineering graduates each year. International engineering students in Canada have the finest possibilities to study at colleges accredited by the Accreditation Board for Engineering and Technology (ABET). The wide range of engineering streams, structured education curriculum, top-notch research activities, and safe and friendly environment are the main reasons to opt for Canada for engineering studies.

    International students studying engineering in Canada are particularly interested in the following specializations:

    • Automobile Engineering
    • Mechanical Engineering
    • Aerospace Engineering
    • Aeronautical Engineering
    • Electronic Engineering
    • Civil Engineering
    • Electrical Engineering
    • Environmental Engineering
    • Biomedical Engineering
    • Materials and Mineral Engineering
    • Manufacturing Engineering.

    Some well-known institutions for studying engineering in Canada are:

    • The University of Toronto​​​​​​​
    • University of Alberta
    • Carleton University
    • McMaster University
    • University of Ottawa
    • Ryerson University

    ​​​​​​​​​​​​​​Income

    The average salary of an engineer in Canada is $75,033 per year or $38.48 per hour. Entry-level positions start at $59,787 per year, while most experienced workers make up to $105,978 per year.

    4. Hospitality

    Over the years, the hospitality and hotel management industry in Canada has grown massively. This is one of the reasons why a hospitality management professional in Canada can earn CA$58,500 per year or $30 per hour*. So, there is no denying that hotel management in Canada has a vast scope.

    These degrees teach students how to develop tourism-related business strategies. Students learn how to manage the quality of food, housing, and entertainment, all of which contribute to the enjoyment of their consumers. The tourism and hospitality business in Canada is desperate for competent individuals to fill management and entry-level to mid-level positions in hotels, restaurants, and resorts across the country. These jobs are in high demand, in part because Canada is one of the most visited countries in the world.

    Ryerson University, Georgian College, and Fanshawe College are among the educational institutions that prepare students to be the finest in their fields and promote them to attain their goals.

    Income

    The average salary in the hospitality industry in Canada is $49,648 per year or $25.46 per hour. Entry-level positions start at $37,050 per year, while most experienced workers make up to $81,391 per year.

    5. Media and Journalism

    The final category of popular courses for students in Canada is media, which focuses on journalism. As digital media, social networking sites, and internet marketing gain pace, the demand for qualified journalists is increasing dramatically. Students with journalism degrees work for larger companies including Deloitte, CBC, Deep Body, and others as reporters, associate producers, associate media directors, and media operations managers. Students who major in media can work as social media managers, public relations officers, a statistician, or media planners, among other dynamically changing careers.

    Here are the best schools in Canada to pursue a career in media and journalism:

    • Queen’s University (Queen’s University)
    • Western University is a public university in Canada
    • Waterloo University is a public university in Waterloo, Ontario, Canada

    Income

    The average salary in the media and journalism sector in Canada is $90,617 per year or $46.47 per hour*. Entry-level positions start at $90,168 per year, while most experienced workers make up to $91,890 per year.

    If you’re interested in learning more about any of the above subjects, scope in Canada, etc., why not schedule a free consultation with us today? Our experienced and friendly international study experts can assist students of all ages and levels of experience from selecting the right course to the student visa.

    (Income sources: Talent Canada, *Payscale)

    “

  • Scholarships for International Students in Canada

    “Have you ever considered the benefits of studying in Canada? Studying in Canada will provide you with the opportunity to immerse yourself in a new culture, network with students and professionals from all over the world, and obtain skills that will help you progress your career for a brighter future.

    There are a variety of financial aid alternatives available to assist you in funding your studies in Canada. Scholarships, grants, and bursaries are all examples of this. Despite the fact that there are no tuition-free institutions, you can still study for free in Canada.  In this article, we will discuss the various types of scholarships available for international students in a bit more detail.

    Before we begin, here are 3 quick facts you need to know about scholarships in Canada:

    1. The application process and deadlines vary
    2. Granted for outstanding academics or extracurricular achievements
    3. Not required to pay back

    Now let’s read in detail the various scholarships offered as per the qualification levels, starting from undergraduate levels.

    Undergraduate scholarships for international students

    Lester B. Pearson International Scholarships

    This University of Toronto scholarship programme is intended to recognize students who demonstrate exceptional academic achievement and creativity and who are recognized as leaders within their school. A special emphasis is placed on the impact the student has had on the life of their school and community, and their future potential to contribute positively to the global community.  This scholarship is awarded to approximately 37 international students each year.

    • Eligibility: You must be an international student (a non-Canadian who requires a study permit), currently in your final year of secondary school or have graduated no earlier than June 2021, and begin your studies at the University of Toronto in September 2022.
    • Other criteria: To become a Lester B. Pearson Scholar, you must be nominated by your school and apply to undergraduate studies at the University of Toronto.
    • What it covers: Tuition, books, incidental fees, and full residence support for four years.
    • Deadline to apply: Usually January
    • How to apply: Follow the instructions on the official website of The University of Toronto and submit their applications directly to the University.

    University of British Columbia International Scholars Program

    These scholarships are given out on the basis of both excellence and necessity. Each academic year, UBC awards fifty scholarships in four categories: Karen McKellin International Leader of Tomorrow Award, Donald A. Wehrung International Student Award, International Impact Award, and Vantage One Excellence Award.

    • Eligibility: You must be an international student on a Canadian study permit entering UBC from a recognized secondary school or transferring from your first year at another college or university. You must have graduated from high school no earlier than June 2021 and be applying for your first undergraduate degree. In addition, you must demonstrate a level of financial need that would otherwise prevent you from pursuing a degree at UBC.
    • What it covers: Awards are based on need, with the university dedicating approximately $10 million CAD a year to the fifty recipients in the program. Recipients also gain access to unique learning opportunities, annual retreats, dedicated advisors, and more.
    • Deadline to apply: Usually December
    • Other criteria: You only submit one application and don’t choose which award you’d like to receive. Rather, UBC will automatically consider you for all awards you’re eligible for.

    Detailed instructions on the application process can be found on UBC’s International Scholars Program webpage.

    Carleton Entrance Awards for International Students

    This program awards international students entering their first year of study at Carleton University with a record of high academic achievement.

    • Eligibility: You must be admitted to Carleton with an average of 80 percent or higher in high school, as well as meet the university’s language requirements.
    • What it covers: Award amounts vary based on your grade average, but begin at a total of $4,000 CAD ($1,000 x four years) and go up to $16,000 CAD ($4,000 x four years) for the 2022 academic year.
    • Deadline to apply: No separate application is required. If you’ve been admitted to Carleton, you’ll automatically be considered for a scholarship.
    • Other criteria: Scholarship value is calculated on your grade average at the time of admission and won’t be recalculated based on your final marks.

    More information can be found on their official website.

    University of Calgary International Entrance Scholarship

    Based on academic merit, this scholarship is offered annually to international students who have a track record of outstanding achievements both inside and beyond the classroom at the University of Calgary. This prize is currently offered to two students each year on the basis of merit.

    • Eligibility: You must be an undergraduate international student entering the first year in any undergraduate degree in the upcoming fall term at the University of Calgary who has satisfied the university’s English Language Proficiency requirement. You must be a new student and present a minimum GPA of 3.20.
    • What it covers: The scholarship is $15,000 CAD, renewable annually in the second, third, and fourth years at the University of Calgary, provided you achieve a GPA of 2.60 or more over a minimum of 24.00 units in the previous fall and winter terms. The total award amount is $60,000 CAD. 
    • Deadline to apply: December. You can apply for scholarships directly through the UCalgary portal.

    For more information, visit the University of Calgary’s International Entrance Scholarship webpage.

    Humber International Entrance Scholarships

    Humber offers scholarship opportunities for select international students enrolled in Graduate Certificate, Diploma, and Advanced Diploma students joining Humber in September, January, and May academic intakes for their 1st semester of study. This scholarship is awarded to ten undergraduate and ten graduate students each year.

    • Eligibility: You must be enrolling at Humber College directly from a recognized secondary school, be a non-transfer student, and have a minimum final admission average of 85 percent. In addition, you’ll need a 6.5+ score in IELTS (or equivalent) to qualify.
    • What it covers: $2,000 CAD, over the first two semesters of your study
    • Deadline to apply: September intake: the last day of May prior to the Fall semester. January intake: the last day of September prior to the Winter semester. May intake: the last day of January prior to the Spring/Summer semester
    • Other criteria: Even if you receive this scholarship, you’ll still have to pay the full tuition amount upfront. The scholarship amount will be credited to your account after the tenth day of classes.

    In order to check if you are eligible for this scholarship, visit the official webpage.

    All meritorious international students who have graduated from high school with a grade of 75 percent or higher are eligible for Bachelor’s Degree scholarships at Humber College. If you meet the criteria, you will be awarded the scholarship without having to fill out a new application.

    Graduate scholarships for international students

    University of Manitoba Graduate Fellowship

    Each year, more than $2 million is awarded to full-time masters and PhD students at the University of Manitoba who have a track record of superior intellectual ability and academic accomplishment.

    • Eligibility: All students accepted into these programs without provisions are welcome to apply, regardless of citizenship, given they have a minimum GPA of 3.0 at the time of admission.
    • What it covers: UMGF master’s awards are valued at $14,000 CAD per year for 12 or 24 months, for up to a total of $28,000 CAD. UMGF doctoral awards are valued at $18,000 CAD per year for 12, 24, 36, or 48 months, for up to a total of $72,000 CAD.
    • Deadline to apply: Students must be recommended by their department or unit to the Faculty of Graduate Studies for a UMGF. Consult your department for information on the application process and deadline.

    For more information, visit the University of Manitoba Graduate Fellowships webpage.

    Waterloo International Master’s Award of Excellence

    This scholarship is for international students interested in pursuing research-based Master’s degree programmes at the University of Waterloo for Winter, Spring, and Fall intakes.

    • Eligibility: Applicants must be international students with a valid Canadian study permit who are registered full time. The scholarship is awarded to Master’s degree students in research-based programs, and only students entering the first term of their program are eligible. Additional academic criteria will be decided upon by the faculty and you must not have any outstanding academic or probation issues.
    • What it covers: The scholarship award is valued at $2,500 CAD per term for a maximum of five terms.
    • Deadline to apply: You’ll be automatically considered for this scholarship with the submission of your regular application. The application deadline for most Master’s programs commencing September 2022 fall from January to February 2022.

    For further information about this award, visit their official website

    Pierre Elliott Trudeau Leadership Scholarships

    This three-year scholarship programme, which is not affiliated with any specific learning institution, gives funding and other opportunities to twelve full-time doctoral students.

    • Eligibility: Non-Canadians can be either permanent residents or foreign nationals enrolled in a doctoral program at a recognized Canadian institution. The field of study should be related to the humanities or human sciences with direct relevance to Canada’s future. You must already be accepted into years one or two of a doctoral program and expected to complete your studies by 2025.
    • What it covers: Up to $40,000 CAD per year for three years to cover tuition and reasonable living expenses to focus on their doctoral studies and the Foundation’s leadership program. Additionally, up to $20,000 CAD per year for three years, for the learning of languages, for travel and accommodations for the Foundation’s leadership program, and for research, networking, and travel-related to their doctoral research. There will also be access to opportunities to acquire greater proficiency in Canada’s official languages (French and English) as well as Indigenous languages.
    • Deadline to apply: December
    • Other criteria: The selection process is a rigorous one involving multiple rounds of interviews. If successful, you’ll be expected to participate in and organize activities related to the Foundation outside your normal course of study.

    More information on this scholarship program can be found here

    Ontario Graduate Scholarship (OGS)

    This scholarship recognizes students enrolled in graduate studies at 19 publicly-funded Ontario universities, including the University of Toronto, University of Guelph, McMaster University, University of Ottawa, Queen’s University, Ryerson University, University of Waterloo, Western University, and York University. Each award is jointly funded by the Province of Ontario (two-thirds) and the school offering the award (one-third).

    • Eligibility: International students who are studying or plan to study a full-time graduate program (master’s or doctoral level) at one of the 19 participating universities in Ontario under a valid temporary resident visa (student study permit) are eligible for OGS awards (valid study permits must be effective as of the graduate units’ OGS international application deadline). Currently registered international graduate students who have not yet been able to obtain a study permit due to COVID-19 circumstances are also temporarily eligible to apply. Applications are assessed on merit and must meet the criteria set by the participating schools.
    • What it covers: The value of the OGS is $5,000 CAD per term. Thus, awardees may receive $10,000 CAD for two consecutive terms or $15,000 CAD for three consecutive terms.
    • Deadline to apply: The date will be set by your graduate department or unit, who will then forward selected applications to OGS for final consideration.
    • Other criteria: Applicants must submit an OGS application to their proposed graduate unit using their school’s centralized OGS application portal. If you’re applying to multiple participating schools, you’ll need to submit a different OGS application for each school.

    For more information, visit the Ontario Graduate Scholarships webpage.

    Where can you learn more about international student scholarships in Canada?

    This list of scholarships is by no means exhaustive, so conduct your own research to see what else is available. Begin by seeing if your university provides any international student scholarships for which you are eligible. To pursue your dream of studying in Canada, you may be eligible for program-specific or independent scholarships. Educanada, studentawards.ca, and scholarshipscanada.com are excellent resources.

    Conclusion

    It might be expensive to study in Canada as an international student. Scholarships and grants are available from the Canadian government, non-profit organizations, and international organizations for international students who wish to study in Canadian colleges, universities, and institutes. This article will help you begin your search for scholarships to help you pay for your education in Canada. You can also connect with our team of study experts for assistance.”

  • Working while studying in Canada as an international student

    “Most international students in Canada work while studying. Working part-time, interning or volunteering while you study will help you develop skills to add to your CV. Employers in Canada and around the world value the transferrable skills and commercial knowledge that may be gained through work experience in addition to academic credentials. Besides, it also aids you financially.

    Like all other countries, there are certain rules and regulations that have to be strictly adhered to while working as a student. Let’s take a look at the various career opportunities open to international students, as well as some must-dos for working in Canada.

    Are you eligible to work while studying?

    Most international students are legally allowed to work.  You can start working in Canada only when your study course begins. You must stop working if you are no longer studying full-time or when your study permit expires. However, it is important to check your visa conditions to confirm if you can work during your studies. Your study permit specifies where and how much you can work while studying in Canada. If your study permit does not include any work conditions, you can ask to have these conditions added or altered. There’s no fee to add or change these conditions to your permit. You’ll need to request an amendment to your study permit before you can apply for a Social Insurance Number (SIN) from Service Canada.

    What are the conditions that have to be met?

    Based on what’s listed on the permit you may work on-campus or off-campus during your studies if the following conditions are met:

    • You have a valid study permit (not expired)
    • Your study permit states that you ‘may accept employment’ or ‘may work’ in Canada.
    • You have full-time student status (Undergraduate students must be registered in a minimum of 1.5 credits in each of the fall and winter terms. Graduate students must be enrolled in a full-time Master’s program).
    • Have a Social Insurance Number (SIN).

    Part-time work option in Canada for international students

    Based on what’s listed on your study permit, you may be allowed to work on-campus, off-campus or as a co-op or intern. Let’s explore these different types of employment types in a little more detail.

    Option 1: Working on-campus

    “On-campus” means you can work at all the buildings on your school campus. You can work as many hours as you want. In most cases, if your school has multiple campuses, you can only work on the one where you’re enrolled. You can work at other locations if you’re working as a teaching or research assistant and your work is strictly related to a research grant.

    You can work for the college or university, a faculty member, a student organization, a private business, or a contractor that provides on-campus services. You can also run a business that is physically located on-campus.

    Option 2: Working off-campus

    The job opportunities off-campus are more than on-campus. Don’t be afraid to apply for jobs. Always verify with your college or university before accepting any form of employment. Your employer must be fully aware of your class schedules and your work shouldn’t interfere with your studies.

    How many hours can I work while studying in Canada?

    As a full-time international student, you can work off-campus without a work permit:

    • up to 20 hours per week during regular academic sessions, and
    • full-time during scheduled breaks, such as the winter and summer holidays or spring break.

    What are the eligibility conditions to work off-campus?

    You must stop working off-campus on the day you no longer meet the eligibility requirements listed below:

    • have a valid study permit,
    • be a full-time student,
    • be enrolled at a designated learning institution at the post-secondary level or, in Quebec, a vocational program at the secondary level, and
    • be studying in an academic, vocational or professional training program that leads to a degree, diploma or certificate that is at least six months in duration.
    • You shouldn’t be on authorized leave from your studies, or switching schools and not studying

    Option 3: Work as a co-op student or intern

    In some study programs, you get the chance to work in an industry related to what you are studying. You might get the opportunity to work in a full-time, paid position or might receive a one-term work assignment. The benefits of being a co-op and internship are that you receive a more in-depth, richer educational experience, real-world work experience, professional connections, and income while you study. You can apply for a co-op or intern work permit if:

    • you have a valid study permit
    • work is required to complete your study program in Canada
    • you have a letter from your school that confirms all students in your program need to complete work placements to get their degree, and
    • your co-op placement or internship totals 50% or less of your study program

    How to find a job while studying in Canada?

    Part-time job opportunities are plenty for students on-campus and off-campus. The student support services of your college or university can help you take advantage of on-campus job opportunities. The Government of Canada is a top student employer in Canada. You can also work part-time as a research affiliate with the Government of Canada while pursuing your studies. Explore hundreds of career paths and thousands of jobs on online portals for off-campus jobs. The top such websites are RobertHalf, Career Builder, Indeed, LinkedIn and Eluta.

    How much can a student earn in Canada while studying?

    From working in a cafe to working as a social media assistant or content writer, the part-time work options are plentiful. The average international student salary in Canada is $59,289 per year or $30.40 per hour*. Entry-level positions start at $48,516 per year, while most experienced workers make up to $72,747 per year*.

    Tips for finding a job as an international student in Canada

    Landing a job can be quite challenging. Here are a few handy tips for you:

    • Ensure your study permit meets the eligibility conditions
    • Apply for your nine-digit Social Insurance Number (SIN)
    • Open a Canadian bank account
    • Research well, network more
    • Have an impressive resume

    Don’t forget to be open-minded, patient, and flexible with your employment choices. You should not, however, rely on part-time work to support your studies totally. It’s crucial to keep in mind that you should have enough money to cover your tuition and living expenses for the duration of your studies without having to work part-time.

    (*Source: Talent.com)”

  • What to do after finishing your study program in Canada as an international student?

    “Now that you have completed your study program, surely you wish to work, gain Canadian work experience or even live permanently in Canada. This work experience may help you qualify for certain permanent residence programmes. As per Immigration, Refugees and Citizenship Canada (IRCC), a valid work permit is required to work in Canada after graduation. Let’s discuss in detail more about your stay-back opportunities.

    The top three stay back options in Canada after studies

    After you graduate from your program of studies, you may be able to work temporarily or even live permanently in Canada. The option to study further is also available. Let’s discuss in detail each of the three stay-back options in Canada after you complete your studies here.

    Option A: Work in Canada after you graduate

    After you graduate from your program of studies, you can start working with a post-graduation work permit. As per IRCC, a post-graduation work permit (PGWP) allows you to remain in Canada and work full time after you complete the prescribed study program. It can be a certificate, diploma or degree of 8 months or more.

    Post-graduation work permit (PGWP)

    Depending on the length of your study program, the post-graduation work permit (PGWP) can be  8 months to 3 years. If your program was at least 8 months, but less than 2 years, your PGWP will be of the same length as your study program. It is only obtainable once in your lifetime. A job offer is not required to apply for this work permit.

    PGWP Application Fee: CA$255

    Processing Time:113 Days

    Finding a job in Canada

    There are many job opportunities in Canada. However, finding a job can be challenging. Remember to:

    • Research: You should research what skills, qualifications and experience are needed.
    • Observe: The work culture in Canada is different from that of your home country. Hence, it is important to observe and adapt to the Canadian work culture.
    • Network: All jobs are not advertised. So, it’s important to build a professional network in order to find jobs through the people you know.
    • Prepare: An effective resume is an important tool to get shortlisted. Few employers even ask for a cover letter. Ensure all your documents are in place and in English.
    • Social Insurance Number (SIN): To work in Canada, you’ll need a SIN. Apply for a SIN as soon as you come to Canada.
    • Be persistent

    Use the available resources

    There are many government agencies that support job seekers in Canada. Many local settlement service provider organizations provide workshops and support to help you find a job. Take the time to create a profile on one of these important job search sites:

    Job Bank

    Immigrant-serving organizations

    Service Canada

    Your province or territory’s website

    Canada’s top 100 employers

    Soft skills in the Canadian workplace

    Take advantage of all the resources available to you in your community and keep networking. Besides hard or technical skills, Canadian employers look for soft skills. Important soft skills include:

    • Communication
    • Problem-solving
    • Positive attitudes and behaviors
    • Adaptability
    • Teamwork

    Tip: Networking is the fastest and easiest way to look for jobs. So, connect with people online. 

    Option B: Extend your studies

    PGWPs can only be obtained once in a lifetime. While having both a PGWP and a study permit is permissible, if you intend to continue studying in Canada, you should apply after you have completed your second programme to make the most of your work permit. If both programmes are eligible for the PGWP, you can apply based on the length of both, as long as the second programme is completed within two years of the first. Before your study permission expires, you must extend it. If you’re waiting for a letter of acceptance for your next programme and need help with your timeline, contact the student support department at your college or university. It’s possible that you’ll be able to keep your status and work off-campus between programmes.

    Option C: Live permanently in Canada

    You may also consider settling in Canada through various available paths to permanent residency and immigration. Depending on the type of higher education study you complete, programs could be available to help you become a permanent resident in Canada after you earn your credential. Immigration programs are offered by the province and federal government. One of the most popular path amongst all international students is the Canadian Experience Class program.

    Canadian Experience Class

    Yes, you may be eligible to apply for permanent resident status through the Canadian Experience Class program if you have at least 1 year of skilled work experience in Canada, in the last 3 years before you apply. The Canadian Experience Class is for skilled workers who have Canadian work experience and want to become permanent residents. Apply for other types of work permits

    Other Immigration programs

    You may still be able to work in Canada after graduation even if you are not eligible for a PGWP. Apart from that, there are a number of additional options for obtaining a Permanent Residency in Canada, including the Federal Skilled Worker Program, Provincial Nominee Program, Quebec Skilled Worker, and Quebec Experience Class (QEC). Your Canadian education will improve your rank in the Express Entry pool for immigration purposes by boosting your Comprehensive Ranking System (CRS) scores.

    Graduating from a Canadian university or college opens up so many avenues to live and settle in Canada. This is the most immigration-friendly nation in the world offering plenty of immigration options. Explore all options, compare them and have an accurate evaluation done for your profile to understand what will be your best option to work or live permanently in Canada. With so many stay-back and immigration options available, you will definitely find the one that’s best suited for you. All the best!

  • Canada’s Post Graduate Work Permit – A Complete Guide

    “

     

    On completion of your study programme, almost all international students start applying for a work permit that allows them to stay back in Canada. This work permit provided to international students on completing an eligible study program is called a  post-graduation work permit (PGWP).

    A post-graduation work permit (PGWP) allows you to remain in Canada and work full time after you complete the prescribed study program. It can be a certificate, diploma or degree of 8 months or more. The application fee for the PGWP is CA$255 and the general processing time is 113 days.

    How long is a post-graduation work permit valid?

    Depending on the length of your study program, the post-graduation work permit (PGWP) can be 8 months to 3 years.

    • If your program was at least 8 months, but less than 2 years, your PGWP will be of the same length as your study program. For example, if you completed a 9-month program, we may give you a work permit for up to 9 months.
    • If your program was 2 years or more, you will get a PGWP that’s valid for 3 years.
    • If you completed more than 1 program, you may be able to get a PGWP that combines the length of each program. Each of the programs you completed must be PGWP-eligible and at least 8 months in length.

    Who can apply for a post-graduation work permit (PGWP)?

    To be eligible to apply for a post-graduation work permit (PGWP), you need to graduate from a designated learning institution (DLI) in an eligible study program. All study programmes are not eligible for this work permit. Also, you can’t get a PGWP if you already had one after completing an earlier program of study. Your passport should be valid for the entire length of time you should be eligible. If your passport expires earlier:

    • You get a PGWP that’s valid until your passport expires
    • You’ll be notified by Immigration, Refugees and Citizenship Canada (IRCC) if an extension is needed

    When should you apply?

    You can only apply once you’ve received your Letter of Completion, which confirms that you’ve fulfilled all of the program’s prerequisites. Your Letter of Completion will usually be available soon after you have completed your final programme obligation, such as earning your final grade or submitting your thesis. Contact the student support services of your college or university if you’re unsure when your Letter of Completion will be available or how to seek or obtain it. Your study permit becomes invalid 90 days after your Letter of Completion first becomes available, even if the expiry date on your study permit is several months later. You must submit your application for the PGWP within 180 days of your Letter of Completion first becoming available, inside or outside of Canada. Remember, to apply before your study permit expires. If you are unable to do so:

    • Change your status to a visitor and apply for the PGWP from inside Canada through the visa office which serves your country of citizenship or
    • Leave Canada and apply for the PGWP from outside of Canada

    Within 90 days after your Letter of Completion becomes available

    If your study permit expires before your Letter of Completion becomes available, or during the first 90 days after your letter becomes available, but you won’t have enough time to apply for your PGWP before it expires, ask for a 90-day bridging period extension. Apply as soon as possible, preferably four months before your study permit expires. Include a letter explaining why you’re extending your study permit in order to apply for the PGWP. One of the conditions for being qualified to work full-time after completing your PGWP application online is having a valid study permit at the time of application.

    Within 180 days after your Letter of Completion becomes available

    You must apply for the PGWP within 180 days of receiving your Letter of Completion, whether you are in or outside of Canada. Your study permit must have been valid for at least 180 days prior to applying for a work permit after receiving your Letter of Completion.

    Contact your college or university’s student support center or a Regulated Canadian Immigration Consultants (RCICs) or Regulated International Student Immigration Advisors (RISIAs) for assistance if you haven’t submitted an immigration application or if you didn’t leave Canada before your study permit expired.

    Can you work while you apply for the PGWP?

    You are no longer eligible to work once your Letter of Completion is available, and you must stop working immediately. If you apply while you are on ‘maintained status’ (formerly ‘implied status’) for your study permit extension, you will not be able to work in Canada until you receive a valid PGWP. If at the moment you submit your PGWP application online, you meet the following criteria, you may immediately begin working full-time while your application is being processed:

    • You have a valid study permit and applied within the first 90 days after your Letter of Completion became available, and
    • You have completed your programme of study, and
    • You were eligible to work off-campus without a work permit during your studies, and
    • You did not work off-campus for more than 20 hours per week during academic sessions.

    Will you be eligible for a PGWP if you have completed your program online?

    You can complete up to 100% of your studies online from outside Canada and still be eligible for the PGWP if you studied between March 2020 and August 31, 2022. You also need to meet all PGWP eligibility requirements as detailed above. If you’re completing two study programmes, you can complete 100% of them online if the programs were ongoing or started between March 2020 and summer 2022, and:

    • Both study programmes are with an approved DLI and are completed within two years, and
    • Each program meets all PGWP eligibility standards and is at least eight months long.

    Gaining valuable Canadian work experience improves your chances of permanent residency in Canada. The following are the immigration programs available for those who have Canadian work experience:

    • Canadian Experience Class
    • Federal Skilled Worker Program
    • Provincial Nominee Programs
    • Quebec Immigration Options

    “

  • Guaranteed Investment Certificate (GIC) for Canada Student Visa 2022

    If you want to study as an international student in Canada, you’ll need to enroll in a designated learning institution (DLI) that has a COVID-19 preparedness plan that has been authorized by the province or territory where the institution is located. DLIs are educational institutions, such as universities and colleges, that have been granted permission to accept overseas students.

    Once you have received your letter of acceptance from a DLI, the next step is to obtain a study permit. You have to demonstrate that you have the finances to pay for your tuition fees and living expenses along with other mandatory documents. Your study permit is not a visa. It doesn’t let you enter Canada. You may also need a visitor visa or an electronic travel authorization (eTA). If your study permit is approved, Immigration, Refugees and Citizenship Canada (IRCC) will issue one to you with your study permit.

    The fast-track student visa application process

    Depending on where you live, you may be able to get your study permit faster through the Student Direct Stream (SDS), usually within 20 calendar days. To apply through the SDS program for faster processing of your study permit, you must have a Guaranteed Investment Certificate (GIC) of CAN$10,000.

    What is a Guaranteed Investment Certificate (GIC)?

    GIC (Guaranteed Investment Certificate) is a type of savings account that pays out fixed returns to all eligible candidates over a period of time. It’s part of the Student Direct Stream (SDS). This is a mandatory requirement for people who wish to pursue a course under SDS and must deposit one year’s worth of living expenses into a Canadian bank. This type of investment is popular among overseas students who want to study in Canada.

    How does GIC work?

    Once you purchase a GIC from the bank, they must provide you with a letter of attestation, a GIC certificate, an Investment Directions Confirmation, or an Investment Balance Confirmation as proof of your purchase. The GIC will be held in an investment or student account by the issuing bank, which you will not be able to access until you arrive in Canada. When you arrive, the bank will verify your identity and either release the funds in a bulk sum or in monthly or bi-monthly installments over the course of 10 to 12 months.

    How to purchase a GIC for study in Canada?

    Many banks offer GICs. The bank that gives you the GIC must:

    • confirm that you bought a GIC by giving you 1 of the following:
    1. a letter of attestation
    2. a GIC certificate
    3. an Investment Directions Confirmation or
    4. an Investment Balance Confirmation
    • hold the GIC in an investment account or a student account that you can’t access until you arrive in Canada
    • make you confirm your identity before they release any funds to you
    • release the funds to you by providing:
      1. an initial lump sum once you identify yourself upon arrival in Canada
      2. the remainder of the funds in monthly or bi-monthly installments over 10 to 12 months

    If your bank or GIC doesn’t meet these criteria, you won’t be able to apply through the Student Direct Stream.

    Which banks offer GICs?

    Check to see if the financial institution you chose offers a GIC and if it fits the Student Direct Stream requirements. You can get a GIC from a financial institution listed on the Canadian Deposit Insurance Company website. The following financial institutions* offer GICs that meet the criteria:

    • Bank of Beijing
    • Bank of China
    • Bank of Montreal (BMO)
    • Bank of Xian Co. Ltd.
    • Canadian Imperial Bank of Commerce (CIBC)
    • Desjardins
    • Habib Canadian Bank
    • HSBC Bank of Canada
    • ICICI Bank
    • Industrial and Commercial Bank of China
    • RBC Royal Bank
    • SBI Canada Bank
    • Scotiabank
    • Simplii Financial
    • TD Canada Trust

    Canada is a beautiful place to live and study. You will enjoy the multicultural society here and upgrade your career in world-class colleges and universities. Make your journey to Canada stress-free and settle here with exciting experiences by preparing and planning beforehand. Good research and timely preparations are the keys to avoiding unnecessary hassles.

    (Source: Canada.ca)

    “