Quebec remains a popular destination for international students thanks to its lower tuition fees and vibrant academic environment. However, you must show proof of financial capacity to cover tuition, living expenses, health insurance, and settlement costs as part of your study permit or CAQ application.
This page explains how much money you need to study in Quebec in 2025, how to calculate your total financial need, and what documents are accepted as proof of funds.
On This Page You Will Find:
- Minimum living expense amounts for studying in Quebec in 2025
- Settlement funds, health insurance, and tuition requirements
- Accepted documents as proof of funds
- A sample financial calculation for your study permit application
- Tips for submitting a successful application
Minimum Living Expenses in Quebec (2025)
In addition to tuition, you must show you have enough funds to support yourself and any accompanying family members for at least 12 months. Below are the updated figures for 2025:
| Applicant Type | Amount Required |
| One person under 18 | $7,756 |
| One person 18 or older | $15,508 |
| Two people 18 or older | $22,745 |
| Two adults + one child under 18 | $25,479 |
| Two adults + two children under 18 | $27,499 |
In addition to living costs, you must also show:
- $500 in settlement funds for your first year
- Ability to pay for tuition, transportation, and health insurance
Health Insurance Requirement in Quebec
International students in Quebec must have valid health insurance for the duration of their stay.
You are only exempt from buying private health insurance if:
- You already have valid coverage in Quebec
- Your country has a social security agreement with Quebec (e.g. France, Denmark, Belgium, etc.)
What Documents Are Accepted as Proof of Funds?
You can submit one or a combination of the following documents to show financial capacity:
- Canadian bank account statements showing recent transfers
- Guaranteed Investment Certificate (GIC) from a Canadian bank
- Proof of an education or student loan
- Four months of personal bank statements
- Bank drafts convertible into Canadian dollars
- Proof of paid tuition and/or housing
- Scholarship or sponsorship letters
- Letters of financial support from family, plus their bank statements
- Loan disbursement letters (if applicable)
- Proof of income or tax documents from your financial sponsor
Ensure all documents are in English or French, or include certified translations.
How to Calculate Total Financial Need
To calculate how much money you need to show, add the following:
- Tuition – Typically $15,000 to $18,000 per year (varies by institution)
- Living expenses – Use the Quebec 2025 table above
- $500 settlement funds
- Health insurance – Around $600 to $1,000 per year unless exempt
Example:
Tuition = $16,000
Living expenses (1 adult student) = $15,508
Settlement funds = $500
Health insurance = $800
Total funds required = $32,808
Add additional amounts if you are bringing a spouse or child.
Budgeting Tips for Studying in Quebec
- Review tuition and fees directly with your designated learning institution (DLI)
- Start with more than the minimum required to account for unexpected expenses
- Maintain a consistent financial history in your bank statements
- Convert foreign currency to CAD for clarity in your documents
Tips for a Successful Application
- Be transparent and thorough with financial documents
- Use official, verifiable documents from reliable sources
- Translate all non-English/French material
- Avoid last-minute or unexplained large deposits
- Include clear summaries if combining multiple documents
FAQ: Studying in Quebec – Financial Requirements
How much money do I need to study in Quebec in 2025?
You need enough to cover tuition, living expenses, settlement funds, and health insurance. For a single adult, this is typically around $32,000 for one year.
Can I include family members in my application?
Yes. You must add additional funds based on the number and age of accompanying family members using Quebec’s 2025 financial requirements chart.
What if I have a scholarship or sponsorship?
Scholarships or formal sponsorships can be used as proof of funds. Include letters of award, disbursement details, and conditions, if any.
Is health insurance required in Quebec?
Yes, unless you have valid Quebec health coverage or your home country has a social security agreement with Quebec. Most students must purchase private insurance.
What type of financial documents should I avoid?
Avoid vague, unverifiable, or unexplained documents. Large recent deposits without explanation, missing translations, or unsupported family contributions may raise concerns.
