CIMM — Nigeria Student Express and student direct stream – February 15 & 17, 2022

February 11, 2022

Background

Student Direct Stream (SDS) is a program to facilitate processing; it does not give international students better access to Canadian schools or programs.
In assessing suitability for SDS, the Department looks at whether residents have the ability to obtain a Canadian guaranteed investment certificate (GIC) through a banking affiliate in that country. The Department also examines whether applications from residents of that country can consistently be processed in the 20-day processing time without compromising client service and while maintaining program integrity, based on the eligibility and admissibility requirements under the Immigration and Refugee Protection Act and Regulations (IRPA/IRPR).
For SDS to be implemented, it requires the presence of a financial institution able to provide a suitable GIC product and the availability of language tests approved for use in SDS.

Nigeria was not included in the 2019 expansion of SDS because of the lack of presence of a financial institution able to provide a suitable GIC product.
In the absence of SDS as an option, the Department recognized the need for a similar program that would benefit Nigerian clients, and therefore launched a pilot tailored to local conditions, Nigeria Student Express (NSE), in January 2020.
NSE is similar to SDS, except that the applicant must show that they have funds in a bank account (NSE) instead of purchasing a GIC and paying fees as they would for SDS. NSE relies on a local verifiable banking solution (MyBank).
Stakeholders have expressed concerns that NSE is disadvantageous, and thus discriminatory. Specifically, it has been claimed that SDS only requires the student to show $10,000, while NSE requires $30,000.
In the original requirements for NSE, applicants were required to have a MyBank certificate showing sufficient funds for their studies (equivalent of CAD$30,000) for at least six months plus 12 months of banking history.

The perception that SDS is more advantageous is based on a misunderstanding of the funds requirements.
The amount of funds required for NSE and SDS, as well as the International Student Program as a whole, are equivalent upon comparison (details below).
NSE is advantageous, since it does not require the applicant to commit funds before submitting the application, unlike SDS.
The Department will complete an assessment of the NSE pilot in February 2022.
The Department is exploring the possibility of adding Nigeria and other countries to SDS.

To qualify for SDS, the applicant must show the following funding requirements:
- Have proof that they have paid for the first year of study
- Have a GIC of $10,000
The average international student fees in 2021 were $33,623.
The $10,000 GIC requirement reflects the Department’s estimate on living expenses for one year for a single person, and does not include student fees.
Under SDS, on average, applicants would need to show that they had paid fees and purchased a GIC for a total of $43,623.
Funds requirements for NSE were updated in November 2021 to remove the six month requirement. To qualify for NSE, the applicant must:
- Have a MyBank certificate that will demonstrate the applicant can afford the costs of studies and living expenses for the first year in Canada (equivalent of CAD$30,000).
- The MyBank certificate should show at least 12 months of banking history.
The Department based the NSE amount of $30,000 on average 2020 student fees, plus $10,000 for living expenses.