Study in Canada vs the USA: student visa compared
A side-by-side look at the student-visa requirements for Canada and the USA— the funds you must show, living costs, fees, processing time and document load. Figures are sourced from each country's official pages and date-verified.
| Factor | Canada | the USA |
|---|---|---|
| Proof of funds (per year) | 22,895 CAD | — |
| Living cost (per month) | 1,908 CAD | 1,800 USD |
| Visa fee | 150 CAD | 185 USD |
| Typical processing time | ~8 weeks | ~8 weeks |
| Main intakes | Jan, May, Sep | Jan, Aug |
| Required documents | 7 | 7 |
Funds are shown in each country's own currency, so “lower” is only marked when currencies match. Always confirm current figures on the official sources below.
Verdict: Canada vs the USA
- Canada publishes a fixed proof-of-funds figure (€15,575/year), while the USA sets it via your admission document.
Money figures normalised to euros at ECB rates for comparison; official requirements are set in each country's own currency.
Unique to Canada
- Letter of acceptance (LOA)
- Provincial/Territorial Attestation Letter (PAL/TAL)
- Proof of financial support
- English/French language proof
- Biometrics
- Medical exam
- GIC / tuition transfer
Unique to the USA
- Form I-20 from a SEVP-certified school
- Proof of funds (per your I-20)
- I-901 SEVIS fee
- DS-160 + visa interview
- English language proof
- Tuition / funds transfer
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Frequently asked questions
Which student visa is faster, Canada or the USA?
Canada typically processes faster (~8 weeks vs ~8). Embassy appointment availability is often the real bottleneck in both.
Should I study in Canada or the USA?
It depends on your budget, course and goals. Canada publishes a fixed proof-of-funds figure (€15,575/year), while the USA sets it via your admission document. Use each country's full requirements guide and the eligibility tools to decide.