₦airaland Forum

amnotapervert:
I know I write a lot and my statements are usually long but I answered all your question but I will answer again.

Yes — if you enroll in another program after your first year, you’ll need to show proof of funds again when applying for a new study permit or extension (unless you already qualify for PGWP and plan to work instead).

Badadvisor:
Just Forget Canada now except you just Wan waste money

amnotapervert:
Good evening 👋

Let me break this down for you clearly:

1. Using Fixed Deposit as Proof of Funds (POF)

Yes, a fixed deposit / mutual investment fund certificate can work, but IRCC is very particular about liquidity. A few things to ensure:

Evidence of history – show that the fixed deposit account has been active for some time (not just recently created for visa purposes). Provide the certificate + account statement covering the period.

Liquidation proof – if you’re liquidating, get an official letter/statement from Stanbic IBTC confirming liquidation and transfer of funds into your personal (Access Bank) account.

Bank statement (main account) – make sure your Access Bank account shows the inflow from Stanbic and that the balance reflects the required POF. Include 6 months’ statement to prove financial consistency.

Letter of explanation (LOE) – attach a simple explanation in your study permit application: explain that you had the funds invested in a fixed deposit for safekeeping and have now liquidated them to make funds available for your studies.

At this point, the key is to make your Access Bank account look strong and reliable*at the time of application. Immigration officers want to see you have funds readily available, not locked away.

2. Strengthening Your POF

To solidify:

Get official bank reference letters from both Stanbic IBTC and Access Bank confirming account ownership, balances, and dates.
Ensure no sudden suspicious large deposits shortly before application (except the liquidation inflow, which you’ll explain).
if possible, add sponsor’s affidavit (if applicable) or show multiple sources (e.g., partial family support, scholarship, etc.) to diversify.

3. If You Do Another Program After 1 Year ( FYI do not tell IRCC you want to do another program after 1 year for now)

Yes — if you enroll in another program after your first year, you’ll need to show proof of funds again when applying for a new study permit or extension (unless you already qualify for PGWP and plan to work instead).

Example: If you finish a 1-year program and apply for another program, IRCC expects to see POF for that new program (tuition + 1-year living expenses).
If you transition directly to PGWP, you don’t need POF anymore.

Gerrard59:
Okay, I am sorry for my harsh words.

Regarding undergraduate, the information is scarce because most courses, and I am not sure your programme is excluded, are offered in Japanese. Also, there is the EJU, which is an entrance examination for foreigners into Japanese universities at the undergraduate level. My concern is your age, as language schools might be hesitant in admitting you. An overlooked aspect in undergraduate education outside Nigeria (even if na Ghana) is funding. How do you intend to fund this education for the next 3-4 years?

The other option is to use your HND to apply to national universities as a research student (minimum of six months and max of 12 months). If asked about your degree status, do well to explain the differences and put forward your distinction result to show how brilliant and disciplined you are. The other option is to apply to English teaching jobs, which will offer you an entry into the country, then you can pivot to a degree-based education as you save up some funds.

For Japan, the bottleneck isn't the visa but the admission and funding. Once the admission is secured and the school is satisfied with your funding arrangements, the COE is mailed, and with the COE, visa issuance is almost certain.

Gerrard59:
Shey you have seen what I talked about? Na you dey answer these people. The one I responded to, if not for the spam bot, he would have blocked me because I don't understand why someone will come to a 50+ thread without reading from the beginning to know how far.

To show how unserious the person you replied to is, read here:

Anyone who had read the last ten pages would not ask about the bold, but innately indolent people do so, and unfortunately, do so for a living!

Amycanada:
it's well

amnotapervert:
Yes but why are you using it for a study permit ?

nickae:
Use the old app, it is working well there, the new app is something else

destinychildolu:
Congratulations for paying your full tuition and also for having 21k. If you live within budget, you might not spend more than 13k while you keep the remaining for part payment of your second programme. You should be able to get a job under 6 months

ifeanyija:
I also Want to apply, do the have PGWP courses ? Also can dependants join the student?

amnotapervert:
They are not typically called community colleges in Canada — that's an American term used to describe colleges located within cities.

Also, the notion that colleges are far cheaper than universities in Canada is far from accurate , especially for international students Keep in mind that international tuition fees are often three times what domestic students pay.

In general:

Tuition fees for international students range from CAD 10,000 to 15,000 per year.
You also need to budget another CAD 10,000 to 15,000 for living expenses (accommodation, food, transportation, personal costs, etc.).
So, if you want to study comfortably, you should plan to spend between CAD 20,000 and 30,000 per year all-inclusive.

When comparing costs:

Master’s program at a university may cost around CAD 15,000 to 20,000 per year
college program typically ranges from CAD 13,000 to 18,000 per year

As you can see, the difference is not very significant — maybe a CAD 2,000/year gap on average, which is relatively small when you consider what you might be gaining with a Master’s degree.

Also, many colleges and universities charge similar fees, depending on the program and province.

From a long-term perspective:

Master’s degree holders are eligible for more immigration pathways. For example, Ontario has a PNP stream specifically for Master’s graduates

Some Provincial Nominee Programs (PNPs) prioritize candidates with advanced degrees.

A Master’s degree gives you higher points in Express Entry — 135 points vs. 128 for a post-secondary diploma. Trust me you need all the points you can get

It also typically leads to higher salaries, faster career growth, and helps you stand out in Canada’s competitive job market.

I always advise people: If money is the issue, look for public universities with:

Lower tuition fees
Higher or moderate acceptance rates

For example, Memorial University (in Newfoundland and Labrador) is one of the most affordable in Canada. Last year, international Master’s students paid around CAD 3,222 to 4,833 per year — that’s less than 5 million Naira a year!

https://univcan.ca/about-universities-canada/facts-and-stats/tuition-fees-by-university/

With proper budgeting, you could complete a full Master’s program for under 15 million Naira total.

Plus, after graduation, if you get a job and meet the criteria, you may be eligible for the NL Provincial Nominee Program (NLPNP) under the International Graduate Category

Just remember

Always choose a school and program with a long-term goal in mind.
PR is not guaranteed.
Jobs are not easy — you’ll need to hustle and position yourself well.
So, it’s not just about selecting any school — you need to be strategic

I could say more, but I’ll stop here.

Neurotika:
Have you reached out to them to address the issue? Mine is a bit complicated, and I’m not satisfied with the explanation they gave then. I noticed my balance stagnated for several weeks in November, but then it increased significantly at the end of the month. However, it reverted back to its previous state shortly after. They stated it was a system error, yet the same thing happened again yesterday. I suspect that the system didn't apply interest during those days, which is why my balance keeps normalizing and reverting at the end of each month. But they won’t admit that. The difference is over 500k.

Registragsas:
Am so surprised. Like why deduct over 73% of my total gains. They should refund my money

Registragsas:
Hi guys, I just woke up and saw a debit of over 280k on my stanbic mutual funds account,
Tagged has withholding tax(wht)
And my total gains/loss is 380k
Whats going on