Cost of Studying in Canada for International Students
How much does it cost to study in Canada? The good news is that studying in Canada is affordable. That’s right! It’s cheaper than you think. Regarding post-secondary education, tuition fees in Canada are generally lower than in colleges and universities in Australia, the U.K., and the U.S. This article will give you the information you need to understand the cost of studying in Canada. There’s more to your study costs than tuition and other fees. This article will also help you plan for other expenses, such as living costs.
Canada is one of the world’s most popular destinations for international students. It offers diverse experiences and opportunities in a country known for its vast expanses, multicultural cities, and natural beauty. If you want to study in Canada, the good news is that tuition fees are generally less expensive than in other major Anglophone destinations (the US, UK, and Australia). However, they are still relatively high in comparison to other countries.
In addition to providing you with a lot of knowledge and exceptional qualifications, studying in Canada is a fantastic experience. It's an investment in your future and possibly for the future of your loved ones. With students coming from over 186 different countries to study there, Canada is not only the third most sought-after study destination in the world but also has one of the most varied student groups.
There are currently over 642,000 foreign students studying in Canada, and approximately 54,000 of them have stayed on after earning their degree from a Canadian university or institution, according to the Canadian Bureau for International Education. 93% of international students said they enjoyed studying in Canada, and nearly 87% said it helped them prepare to pursue employment there.
The top 5 reasons students picked Canada as their study abroad destination were as follows: The prestige of a Canadian degree, the accessibility of courses, tolerance, non-discrimination, and safety are all essential factors.
A Canadian degree will provide you with incomparable opportunities, but how much will it cost you? Let's examine the cost of studying in Canada in more detail so you can prepare a budget for the coming year. Tuition fees, university application fees, visa and study permit costs, and the average cost of living are all factors to consider when planning to study in Canada.
Cost of Studying in Canada as an International Student
The cost of higher education in Canada is primarily made up of university tuition fees. Numerous variables, like the type of course, its reputation and reach abroad, the city of study, etc., affect the overall cost. Therefore, the average cost of attending some of the best institutions in Canada might reach CAD 35,000 in tuition costs.
Bachelor's courses
In Canada, pursuing a bachelor's degree costs, on average, CAD 30,000 per year, ranging from CAD 12,000 to CAD 30,000. Canadian degrees in engineering and medicine are slightly more expensive than other undergraduate programs. The typical tuition for these programs is 22,000 CAD. Studying Humanities, Business, and Management courses costs CAD 5,500 and CAD 6,500.
Master's courses
Along with enrolling in undergraduate programs, many students also enroll in postgraduate or master's degree programs, such as the MBBS program offered in Canada. An international student's average annual tuition cost will be CAD 18,000. Particularly pricey programs are the management programs. While ordinary MBA programs cost roughly CAD 28,000 in tuition, Executive MBA courses typically cost CAD 57,000.
Cost of Living in Canada
Most international students don't factor in the amount they might spend on housing and meals. Again, this will depend on the city and province in which you reside, but you should plan to spend between CAD10,000 and CAD 15,500.
Accommodation
In addition to tuition costs, lodging costs play a significant role in the cost of living in Canada. Numerous institutions offer on-campus housing, but you can also live off-campus. The price may vary from CAD 5,000 to CAD 10,000 each year, depending on the types of rooms and flats. Furthermore, compared to other cities, the cost of lodging may be higher in major cities like Toronto and Montreal.
International students have two main options for living and studying in Canada: living on-campus or off-campus. Students can choose from choices like dorms and townhouses offered to students living on campus under these two categories. Choices off-campus such homestays, shared residences, single apartments, condos, and host families.
Travel costs for international students in Canada
Roads from Canada span the entire continent, reaching the farthest reaches of the United States. However, both short- and long-distance travel in Canada is quite expensive. As a result, students prefer using buses, trains, and subways, which can cost anywhere from CAD 80 to CAD 110 each month on average.
Health and insurance
Due to the need for students to have health insurance before the start of their program, it has been added to the final estimates of the cost of studying in Canada. The overall cost might range from CAD 300 to CAD 800 per year, depending on the coverage chosen.
Other essential living expenses
Books, office supplies, library dues, food, utilities like rent, water, electricity, phone, and internet charges, as well as other personal expenses, are some additional living costs that are included in the total cost of living in Canada.
Visa and Study Permit fees
Students who wish to apply to any university for academic or professional training will require a Canadian study permit. A study permit is required for courses that are longer than six months. However, students admitting themselves to a course that is less than six months are advised to apply for a study permit if they tend to extend their stay. This is different from the visa you need to visit Canada, but you will be given a temporary travel visa when you apply for a study permit. You must pay $150 for your student visa to Canada.
You may work 20 hours per week, on or off campus, as an international student without a work permit. You will have to pay $155 to apply for an additional work permit. Of course, doing so is optional.
Scholarships for Studying in Canada 2023
Numerous amenities and exemptions have been made available for their convenience due to the large number of Indian students applying to Canadian universities. These scholarships assist Indian and international students to lower their expenses and cost of living in Canada. Scholarships are awarded based on merit, academic achievement, or projected talent. Students must review the qualifying requirements for each scholarship before applying. The list of scholarships for Indian students that are offered in Canada is provided below.
- Vanier Canada Graduate Scholarships
- Ontario Graduate Scholarship
- Lester B. Pearson International Scholarship Program
- President’s Scholarship for World Leaders
- International Leader of Tomorrow Award
- University of Manitoba Graduate Fellowship (UMGF)
- The Seneca Renewable Entrance Scholarship of Merit for International Students
- Trudeau Foundation Scholarships
Part-Time Jobs in Canada for International Students
Working part-time is an excellent option to cover Canada's cost of living. To reduce their financial stress, students might also apply for the different part-time jobs that are available. They must be enrolled full-time in a Canadian university and possess a current study/work permit to be eligible to work in Canada. Additionally, they must be enrolled in any academic, professional, or vocational course lasting more than six months and leading to a certificate or degree. Additionally, without a work permit, students are permitted to work 20 hours per week during university semesters, during their winter or summer breaks, or even at an off-campus job.
FAQs
Here are some frequently asked questions about the costs of studying in Canada.
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How much does it cost to study in Canada for international students?
The average cost of attending some of the best institutions in Canada can reach CAD 35,000 in tuition fees. Attending school in Canada can range from CAD30,000 per year.
Is it cheap to study in Canada?
Yes, studying in Canada is less expensive than in places like the UK, Australia, and the USA. However, the actual cost of living in a country varies depending on factors including housing, lifestyle, and other expenses.
What is the cheapest course to study in Canada?
In Canada, one-year PG and diploma programs typically cost less than bachelor's or master's degrees. Students can choose from various specializations offered under diploma courses at Canadian universities.
What are the cheapest cities in Canada for international students?
Despite the high cost of living in Canada's major cities for students, cities like Quebec, Ontario, Alberta, etc., are far less expensive while still providing an enjoyable place to reside and study.
How can I reduce my expenses to study in Canada?
One of the best ways to lower your education expenses in Canada is to obtain a scholarship. In addition, you can choose to take out a student loan or work a part-time job to make some extra cash.
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