What Is A Student GIC And How Does It Work? - Forbes
Table of Contents {{ tocState.toggleTocShowMore ? 'Show more' : 'Show less' }} Effective January 1, 2024, Immigration, Refugees and Citizenship Canada (IRCC) more than doubled the financial cost required for international students to study abroad in Canada each year, resulting in mixed reactions from student representatives. The previous amount of funds students were required to have individually before this change was $10,000 per year—not including the cost of tuition and travel. Now the IRCC has set the amount to $20,635 to "help prevent student vulnerability and exploitation" and so that "international students understand the true cost of living here." as said by Minister of IRCC MarcM...
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