ApplyBoard, the leading student mobility platform, recently announced a new collaboration with TD, the second-largest bank in Canada and sixth-largest in North America by assets, to provide students with the resources and tools they need to transition to Canada.
Prospective students planning to study in Canada can enhance their study permit applications through the TD International Student Guaranteed Investment Certificate (GIC) Programme. ApplyBoard’s secure and private technology provides verifiable Proof of Financial Support through ApplyProof to help strengthen these applications.
Indian students can open a GIC with TD with no application fee via a simple, digital process and will start earning interest before arrival in Canada. The TD International Student GIC Programme also provides students a TD Student Chequing Account with no monthly plan fee (conditions apply), unlimited transactions, and additional benefits. Once in Canada, students can benefit from TD’s 1,000+ branch network, which has the most extended branch hours in the country and advisors who speak over 80 languages.
Sona Mehta, Executive Vice President of Canadian Personal Banking, TD Bank Group, commented on the partnership:
We are excited to share the news of this relationship with ApplyBoard as we work to make things easier for students from across the world, embarking on their journey to study in Canada. We know that navigating the process of studying abroad can be challenging. At TD, we are committed to supporting international students coming to Canada by offering tools, programmes and trusted advice to facilitate a frictionless transition to the Canadian banking environment.
The programme is designed to assist international students from India who are eligible for the Government of Canada’s Student Direct Stream (SDS) Programme. As of January 1, 2024, the minimum financial requirement that students must show as part of their study permit application is CAD 20,635.
Meti Basiri, Co-founder & CEO of ApplyBoard, stated:
With TD’s legacy of providing financial solutions to Canadians for over 150 years and ApplyBoard’s position as the leading student mobility platform, we are optimistic that international students will receive the support and guidance they need to succeed in their academic pursuits. Together, we are dedicated to empowering international students throughout their journey and ensuring their success in Canada.
ApplyBoard empowers students worldwide to access the most significant education by simplifying the study abroad search, application, and acceptance process at over 1,500 universities in Canada, the United States, the United Kingdom, Australia, and Ireland. Since 2015, the company, headquartered in Kitchener, Ontario, Canada, has assisted over 1 million students from more than 150 countries with their educational journeys.