Canada is a leading destination for international students and other immigrants. As a multicultural state with a scenic landscape, it provides numerous experiences and opportunities.
Besides, studying in Canada can be expensive, depending on the location. But a resourceful budget can help you manage your living expenses. Although the tuition fee is on the high side, Canada is less expensive than the UK, the US, and Australia.
Our comprehensive guide will help you plan well for your new destination. So, we have compiled the cost of studying in Canada, including tuition and living expenses. Note that all the costs are in Canadian dollars.
What is the cost of Studying in Canada in Terms of Tuition Fees?
Diverse universities set their own terms of study, aside from the general rules. One of them is tuition fees. This is true for undergraduate and graduate studies.
In addition, tuition fees for colleges and universities vary, depending on the program and institution. On average, expect to pay from $7,000 to $22,000 yearly for colleges and vocational schools.
Universities cost more, with undergraduates paying higher. International undergraduate students pay around $36,100 and graduates pay $21,100 per year. As is the case globally, executive MBA programs are generally more expensive. The average cost is $56,000, while a regular MBA is around $27,397 per year.
You may also do some work placement and apprenticeship, which will earn you some income.
What is the cheapest university in Canada for international students?
The cheapest university may not be conclusively arrived at. This is because several factors, such as the cost of each program and the university type, will be considered. Here is the cost of studying in the top five most affordable universities in Canada:
|Average tuition fees
|University of Prince Edward Island
|Cape Breton University
|The University of Canada West
|University of the Fraser Valley
|University of Northern British Columbia
What is the cost of accommodation in Canada?
Most universities in Canada provide on-campus residence facilities to international students. This makes it more affordable, but you will apply for this option and secure a slot for yourself. The average cost is between $8000 and $10,000 annually. Other options include private apartments, shared rentals, and homestays.
What is the Cost of Living in Canada?
Aside from the tuition and other fees, you must provide proof that you can take care of yourself while studying in Canada. While creating your expenses, consider the most critical of them. They include the following:
|Average monthly cost
|Food and groceries
|$100 – $150
You will also need money for social activities, miscellaneous, and emergencies.
What is the cost of the health insurance?
All students in Canada must have health insurance before the start of their program. The cost of health insurance in the country is around $600 to $900 per year.
What is the Cost of Obtaining a Canada Student Visa?
Obtaining a Canadian student visa is the first step to studying in Canada. It is also called a study permit and costs around $150.
Can I bring my Family to Canada as a Student?
You are permitted to bring a spouse and dependent children with you. Submit their applications at the same time you apply for your study permit. They may also be qualified for a study or work permit.
Can I work in Canada while studying?
Your student permit as an international student in Canada allows you to work part-time (20 hours per week) during the semester and full-time (up to 40 hours per week) during the holiday.
Is there financial aid for studying in Canada?
International students wishing to study in Canada can obtain scholarships, grants, or bursaries for their education. Scholarships can be subject, sports, or academic-specific.
Many universities in Canada provide scholarships to students, which you can apply for. Aside from the ones offered by the school, you can apply to the ones provided by individuals and organizations. These scholarships can be fully or partially funded.