Revolutionizing Education | Significant and Crucial Reforms for International Students in Canada | from 2024 Onwards
Revolutionizing Education | Significant and Crucial Reforms for International Students in Canada | from 2024 Onwards Revolutionizing Education | Significant and Crucial Reforms for International Students in Canada | from 2024 Onwards Introduction : Financial Preparedness for International Students : In a groundbreaking move to enhance the experience of international students in Canada, the Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship, unveiled key reforms on January 1, 2024. These changes address financial challenges and support for those pursuing education in Canada. Starting 2024, the cost-of-living financial requirement for study permit applicants will be raised. This adjustment, based on Statistics Canada’s low-income cut-off (LICO), aims to ensure international students are adequately prepared for life in Canada. The outdated financial requirement, stagnant since the early 2000s, will now be annually adjusted to cover necessities. A New Financial L