Summary -ApplyBoard Partners with TD for Student Mobility
• ApplyBoard partners with TD to provide students with relocation tools.
• TD International Student Guaranteed Investment Certificate (GIC) Program improves study permit applications.
• ApplyBoard’s technology, ApplyProof, provides verifiable Proof of Financial Support.
• Indian students can create GIC with TD without application fee.
• GIC allows income generation before arrival in Canada.
ApplyBoard, the premier student mobility platform, has announced a new partnership with TD, Canada’s second-largest bank and the sixth-largest in North America by assets, to give students with the information and tools they need to relocate to Canada.
Prospective students wishing to study in Canada can improve their study permit applications with the TD International Student Guaranteed Investment Certificate (GIC) Program.
ApplyBoard’s safe and private technology, ApplyProof, delivers verifiable Proof of Financial Support, which helps improve these applications.
Indian students may create a GIC with TD with no application charge using a straightforward, digital process, and they will begin earning income before arriving in Canada.
The TD International Student GIC Programme also offers students a TD Student Chequing Account with no monthly plan charge (conditions apply), unlimited transactions, and other perks.
Once in Canada, students may take use of TD’s 1,000+ branch network, which offers the longest branch hours in the country and advisers who understand more than 80 languages.
Toronto-Dominion Bank, sometimes known as TD Bank Group, is a Canadian multinational banking and financial services organization based in Toronto, Ontario. The bank was formed on February 1, 1955, by the merger of the Bank of Toronto and The Dominion Bank, which were founded in 1855 and 1869 respectively.
Sona Mehta, Executive Vice President of Canadian Personal Banking of TD Bank Group, commented on the partnership:
We are thrilled to announce this partnership with ApplyBoard as we aim to make things simpler for students from all around the world commencing on their path to study in Canada. We understand that managing the process of studying abroad might be difficult.
At TD, we are committed to assisting international students arriving in Canada by providing tools, programs, and trusted guidance to ensure a smooth transition to the Canadian financial environment.
ApplyBoard streamlines the study abroad search, application, and acceptance process by bringing together international students, recruiting partners, and academic institutions on a single website.
Founded in 2015 by brothers Martin, Meti, and Massi Basiri, They have partnered with over 1,500 primary, secondary, and post-secondary educational institutions, as well as 6,500 recruitment partners, to drive diversity on campuses across Canada, the United States, the United Kingdom, Australia, and Ireland.
The initiative is intended to assist foreign students from India who are eligible for the Government of Canada’s Student Direct Stream (SDS) initiative. As of January 1, 2024, the minimum financial need for students to present as part of their study permit application is CAD 20,635.
Since 2015, the firm, based in Kitchener, Ontario, Canada, has helped over 1 million students from more than 150 countries with their educational adventures.
Meti Basiri, Co-Founder and CEO of ApplyBoard, stated:
With TD’s 150-year history of delivering financial solutions to Canadians and ApplyBoard’s position as the premier student mobility platform, we are certain that foreign students will receive the assistance and advice they require to succeed in their academic endeavors. Together, we are committed to enabling foreign students and guaranteeing their success in Canada.
CONCLUSION : ApplyBoard has partnered with TD, Canada’s second-largest bank, to offer students the TD International Student Guaranteed Investment Certificate (GIC) Program. The program provides verifiable Proof of Financial Support, enabling Indian students to create a GIC with no application fee.