Canada is a famous education-destination for International students as many courses are offered to International students every year. Many Indian students are fascinating towards the Canadian study techniques and multicultural environment. Approximately 11% of total Indian students are studying in Canada for their better future. Now, Canada has launched a new rule, SDS (Study Direct Stream) for applying the study visa. Scotiabank is the supporter of the SDS Program, which is a leading Canadian financial institution. In other words, Scotiabank is the financial support of the students who want to pursue higher studies in Canada. Scotiabank will provide an opportunity to eligible and deserving students to purchase a Guaranteed Investment Certificate.
The new rule is more beneficial than the old rules as students can get financial support from the Scotiabank, which will reduce some burden of the students. Now financially weak, but eligible students also can apply study visa for their further study in Canada. Number of Canadian visa applicants are increasing rapidly, so brilliant students didn’t get opportunity to join Canadian Colleges or Universities because of the lack of seat in particular courses. So, SDS is launched to provide study abroad opportunities to the deserving and eligible students. Moreover, this new SDS Program will speed up the Visa Processing for full time studies.
SDS has replaced SPP, which was started in 2009.
The foremost change in new rule is the band requirement. Students need 6 bands in each module to apply under SDS rule.
Now, students have to pay annual fee instead of semester fee. If any student has band score of 6 in each module but paying fee of only one semester, then file of that student will be processed under general category.
SPP was linked with college whereas SDS is linked with students directly.