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Canada Changes Study Policy:

According to Citizenship and Immigration Canada guidelines, you will require approximately $10,000 CAD per year, not including tuition fees, to cover your living expenses. This requirement is fulfilled through the purchase of a participating GIC, and evidence that you have paid your tuition.
At present, Scotiabank is the only participating Canadian financial institution.
Apply for the Scotiabank Student GIC Program, by visiting their website, to learn more about the GIC and download the GIC Application form.
Once your Scotiabank Student GIC has been opened, you may transfer funds to your account in Canada by using any bank in India in which you hold your account.

Immigration changes affecting students - New Zealand
These decisions are to:

From 2 April 2012 : Study to Work changes

this requirement until 2 April 2012 (students who commence their course before this date will not be affected)

• To qualify for Study to Work visas, students will need to have obtained a recognised New Zealand qualification of at least two academic years’
(a minimum of four semesters and 16 months in total) duration unless they have obtained:

» two SMC points-accruing (level four to six) qualifications in succession of at least one academic year’s (minimum of two semesters and eight months study) duration each, provided the second course is at a higher level – e.g. a one-year level five qualification followed by a one-year level
six qualification, or

» a postgraduate qualification of at least oneacademic year’s duration, or

» a credit-transferred bachelors’ degree with at least one year’s study in New Zealand, or

» any level seven qualification of at least one academic year’s duration

Other Changes in April 2012:
» Funds required for student visa applicants will increase from the current $10,000 per year to $15,000 per year for courses 36 weeks or longer, or pro-rated at $1,250 per month for shorter courses (less prepaid living
expenses).

 
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Canada Changes Study Policy
You will require approximately $10,000 CAD per year, not including tuition fees
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