2024-05-21 |
Study Abroad

ApplyBoard partners with Canada’s TD bank

New Partnership Simplifies Financial Process for International Students in Canada
News Update
  

ApplyBoard partners with Canada’s TD bank

ApplyBoard has partnered with TD, a major Canadian bank, to support students from key countries in managing their finances through the TD International Student GIC program. This collaboration aids students from nations like India, China, and the Philippines in meeting the financial requirements for the Student Direct Stream with a Guaranteed Investment Certificate.
Canadian student visa applications mandate proof of funds totaling CAD$20,635, more than double the previous sum. ApplyBoard's CEO, Meti Basiri, underscores the significance of verifiable Proof of Financial Support from ApplyBoard via the TD program for bolstering study permit applications.
The TD International Student GIC Program allows students to open an International Student Guaranteed Investment Certificate at TD sans application fees, earning competitive interest rates before their arrival in Canada. Through ApplyProof, ApplyBoard's verification platform, students can fortify their study permit applications by showcasing proof of funds on TD's system, simplifying document verification.
This partnership furnishes students with financial aid and tailored assistance in Canada. Recent changes in the Canadian international education sector include heightened proof of funds prerequisites and a cap on international student enrollments, with provinces allocated Provincial Attestation Letters to manage student intake effectively.

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