Cost of Studying in Canada in 2024: Tuition Fee and Living Expenses. Discover information regarding the expenses associated with studying, the cost of living, and the universities that offer the most economical options in Canada.
Education in Canada may come with a significant price tag, but with a well-organized budget, you can navigate living costs more efficiently. Explore our detailed guide covering study expenses, tuition fees, and living costs, along with insights into the most economical Canadian universities. This resource aims to assist you in crafting a thoughtful plan for your upcoming journey in Canada!
How much does it cost to study in Canada?
The annual tuition expenses vary based on the type of qualification and the chosen university or school, ranging from CAD 13,000 to 40,000, depending on your selection.
Study Program Average Annual Fee in CAD
- Undergraduate Program 13,000 to 20,000 CAD
- Postgraduate master’s degree 17,000 to 25,000 CAD
- Doctoral degree 7,000 to 15,000 CAD
- MBA 30,000 to 40,000 CAD
Disciplines within humanities, education, and arts tend to have lower costs, whereas fields like medicine and engineering are inclined to be more expensive. Explore the undergraduate costs of various subjects listed below for a better understanding.
Subject Average cost in CAD
- Business & Management 29,000 CAD
- Engineering 34,000 CAD
- Medicine 33,000 CAD
- Pharmacy 41,000 CAD
- Dentistry 57,000 CAD
- Veterinary Medicine 63,000 CAD
What’s the cheapest university in Canada for international students?
In seeking an answer to this question, it’s essential to consider various factors, including your chosen field of study, the nature of the program or qualification, and the specific university. It’s worth noting that tuition fees vary among universities, with some institutions offering more affordable options than others.
Here are the five Canadian universities offering the most budget-friendly options for international students:
University Average Annual Fees in CAD
- University of Prince Edward Island 10,000 CAD
- Cape Breton University 18,000 CAD
- University of Canada West 21,000 CAD
- University of the Fraser Valley 21,000 CAD
- University of Northern British Columbia 22,000 CAD
Accommodation costs in Canada
Many Canadian universities provide on-campus housing, known as Halls of Residence for international students. Residing on-campus is a cost-effective choice but requires a separate and early application to ensure availability. The typical expense ranges from CAD 8,000 to CAD 10,000 annually. Additionally, Canada offers various alternative housing options for international students, including:
Accommodation type Average cost per month in CAD
- Hostels 300 – 600CAD (10 – 20CAD per night)
- Private apartment 400 – 1500 CAD
- Shared rental 250 – 700 CAD
- Homestay 400 – 800 CAD
The provided prices are for reference purposes only. You can delve into more information for further details on available accommodation options in Canada.
Cost of Canada Student Visa
To pursue studies in Canada, the initial requirement involves obtaining a valid student visa, known as a Study Permit. The associated fee for this permit is around CAD 150.
Can I bring my family to Canada while studying?
Yes. As per the Immigration and Citizenship Canada (CIC) website, individuals applying for a study permit through the Student Direct Stream are permitted to accompany their spouse and dependent children to Canada. These family members could qualify for a study or work permit or even a visitor visa. It is essential to submit their applications online simultaneously with the study permit application.
What’s the cost of living in Canada?
It’s important to set aside some funds for your grocery shopping, social activities, and unexpected emergencies. Additionally, factor in these typical expenses when formulating your budget:
Expenses Average cost per month in CAD
- Internet/phone 50 – 76 CAD
- Food and groceries 1200- 1500 CAD
- Electricity/gas 200 CAD
- Transport 100 – 150 CAD
Remember, set aside a portion of your budget for grocery shopping, social activities, and unexpected emergencies. When formulating your budget, take into account these typical expenditures.
What’s the cost of the health insurance?
All students travelling to Canada must obtain medical insurance before starting their program. The cost of international student health insurance in Canada typically ranges from $600 to $900 per year (approximate). If you are in British Columbia, Quebec, Alberta, Newfoundland, Manitoba, Labrador, or Saskatchewan, your coverage will be provided under the corresponding provincial health plans based on the duration of your stay.
Can I work in Canada while studying?
Yes. Indeed, this presents a beneficial avenue to supplement your finances and gain significant work exposure while pursuing studies in Canada. If you hold a study permit and are enrolled full-time in a Designated Learning Institution (DLI) as an international student, you can work up to 20 hours per week throughout the academic year and full-time during the summer recess. This employment opportunity extends to any employer, across all occupations, and is applicable nationwide in Canada.
Conclusion
Navigating the cost of studying in Canada involves considering tuition fees, living expenses, and economical university options. With annual tuition ranging from CAD 13,000 to 40,000, various factors influence costs, with disciplines like humanities being more affordable. The cheapest universities for international students include the University of Prince Edward Island and Cape Breton University.
Accommodation costs, averaging CAD 8,000 to 10,000 annually, offer on-campus housing and alternative options. Additional considerations include visa fees, living expenses, health insurance, and the opportunity to work part-time while studying in Canada, offering financial flexibility.
Frequently Asked Questions about Cost Of Studying In Canada
What is the cost of studying in Canada?
Pursuing education in Canada involves costs associated with university admission and post-arrival expenses. The estimated overall expenditure for studying in Canada, when converted to Indian rupees, amounts to approximately 32,69,800 INR.
How to reduce the cost of studying in Canada?
All the specified expenditures are compulsory for international students aspiring to study in Canada. The sole method to mitigate these costs is by securing a scholarship that lessens the tuition fees. Numerous Canadian universities provide scholarships specifically for international students.
It is advisable to explore and identify the scholarship programs you qualify for and submit an application alongside your student application on the university’s official website. Upon approval of your scholarship application, the university will deduct the corresponding amount when computing your tuition fees.
What is the scope after studying in Canada?
Canada stands out as a top choice for international students seeking education globally. Degrees obtained from Canadian universities carry global recognition, ensuring a high-quality education delivered through diverse learning methods throughout your academic journey. Such an educational experience enhances your prospects for employment with leading companies worldwide.
Which are the cheapest cities in Canada for Indian students?
The living expenses for international students in Canada primarily depend on the city of residence. Montreal, Ottawa, Kingston, and Calgary are among the cities in Canada known for being more budget-friendly.
Which cities in Canada have a high cost of living for international students?
Vancouver and Toronto fall on the more expensive side regarding the cost of living for international students. The expenses related to accommodation in these cities are elevated compared to most other Canadian cities.