TD and ApplyBoard Collaborate to Support Indian Students Pursuing Studies in Canada
New relationship to help students planning on studying in Canada prepare their finances and expedite their study permits
Chennai 07 May 2024 – TD and ApplyBoard are pleased to announce a new collaboration that will support international students on their journey to study in Canada. ApplyBoard, the leading student mobility platform, is partnering 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 for a smooth transition to studying in Canada.
Through the TD International Student Guaranteed Investment Certificate (GIC) Program, prospective students planning to study in Canada can enhance their study permit application. ApplyBoard’s secure and private technology provides verifiable Proof of Financial Support through ApplyProof to help strengthen study permit applications.
“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,” said Sona Mehta, Executive Vice President of Canadian Personal Banking, TD Bank Group. “We know that navigating the process to study abroad can be challenging, and at TD, we are committed to supporting international students coming to Canada by offering tools, programs and trusted advice, designed to facilitate a frictionless transition to the Canadian banking environment.”
“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,” said Meti Basiri, Co-Founder & CEO, ApplyBoard. “Together, we are dedicated to empowering international students throughout their journey and ensuring their success in Canada.”
Indian students can open a GIC with TD with no application fee via a simple, digital process, and will start earning interest prior to arrival in Canada. The TD International Student GIC Program also provides students with 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, with the longest branch hours in the country and advisors that speak over 80 languages.
The program is designed to assist international students from India who are eligible for the Government of Canada’s Student Direct Stream (SDS) Program. As of January 1, 2024, the minimum financial requirement that students must show as part of their study permit application is $20,635 CAD.
To learn more about the TD International Student GIC Program through ApplyBoard, visit www.applyboard.com/services/td-student-gic-program.
