Study Permit Financial Scrutiny
IRCC updated officer assessment instructions on July 24, 2026, requiring mandatory review of the source and amount of all applicants' funds, expanding bank statement requirements to 6 months (including the prior month), and removing the previous limitation that restricted deep financial checks to 'high-risk' environments only.
Timeline
Sep 3, 2026
Policy ChangeIRCC updated officer assessment instructions on July 24, 2026, requiring mandatory review of the source and amount of all applicants' funds, expanding bank statement requirements to 6 months (including the prior month), and removing the previous limitation that restricted deep financial checks to 'high-risk' environments only.
With financial checks now universally stricter and no longer tied to risk profiles, refusal rates may rise for applicants with unclear or insufficient fund sources; thorough documentation is more critical than ever.
Study Permits Update — September 3, 2026Get immigration updates in your inbox
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