How Much Does It Cost To Study in Canada?

How Much Does It Cost To Study in Canada?

Introduction

Choosing to study abroad, particularly in Canada, offers a host of opportunities for students from across the globe. Canada, known for its culture and high standard of education, has become a premier destination for overseas education. Whether it’s the pursuit of academic excellence in highly accredited universities or the allure of experiencing a multicultural environment, studying in Canada embodies a significant step towards achieving one’s educational and career objectives.

However, while planning to study in Canada the cost to study must be kept in mind to better plan the study journey. Let us take a look at the expenses associated with living and studying in Canada, to equip prospective students with the necessary knowledge to make informed decisions on their journey to international education.

Key highlights

In the coming sections, we will take a look at some of the most common but crucial expenses incurred while studying in Canada. These are important to note and prospective students must keep them in mind while planning their studies.

Introduction Cost Image min

1. Tuition fees

An overview of the tuition fees for international students, covering the range of undergraduate, postgraduate, and specialized courses across various universities in Canada

2. Living expenses

Detailed information on the average cost of living, including accommodation, food, transportation, and personal expenses, providing a monthly and yearly estimate for students

3. Added costs

Insight into other expenses students should anticipate, such as health insurance, textbooks, and leisure activities, which can impact the overall budget

4. Cost of studying in top universities

A comparison of tuition fees and living expenses at some of Canada’s top universities, highlighting how costs can vary significantly based on the institution’s prestige and location

5. Course-wise cost of education

Analysis of how the cost of education varies by field of study, including STEM subjects, humanities, business, and others, offering a clearer picture of what students can expect to pay based on their chosen course

6. Pre-arrival costs

Assessment of expenses incurred before arriving in Canada, such as visa application fees, travel expenses, and accommodation deposits, is essential for initial financial planning

7. Post-arrival cost

There are several immediate expenses faced upon arrival in Canada, including setting up a mobile phone, purchasing winter clothing (if applicable), and initial transportation costs, these should be considered.

8. Cost of living in the best student cities

A look at how living costs vary across Canada’s most popular student cities, such as Toronto, Vancouver, Montreal, and others, to help students choose a city that fits their budget.

Tuition fees

The first step in planning a study in Canada involves accessing the tuition fees based on the budget of the student. Let us take a rundown at the expected tuition cost across Canadian universities.

Course name

Duration (in years) 

Average annual tuition fee (CAD)

Bachelor’s

3-5 

CAD 15,000 – CAD 65,000 approximately

Master’s 

1-2 

CAD 10,000 – CAD 54,000 approximately

MBA 

1 

CAD 25,000 – CAD 1,20,000 approximately

Ph.D.

3-6

CAD 8,000 – CAD 20,000 approximately

Please note: The tuition fees listed here are subject to change and are at the discretion of respective universities. For the latest updates, check the official website of the desired university.

Living expenses

Living expenses in Canada for international students encompass accommodation, food, transportation, and personal expenses, varying significantly by city and lifestyle. On average, students should budget between CAD 800 to CAD 1,200 (INR 49,000 to INR 73,600) per month to cover these costs, ensuring a comfortable living experience while studying. Take a look at the detailed cost of living split to understand this better.

Expense type 

Cost in CAD

Cost in INR

Accommodation

CAD 5,000 – CAD 10,000 annually 

INR 2,67,000 – INR 5,39,000 annually 

Transportation

CAD 80 – CAD 110 monthly 

INR 4,300 – INR 6,000 monthly 

Food 

CAD 300 – CAD 400 monthly 

INR 17,000 – INR 44,000 monthly 

Entertainment 

CAD 750 monthly 

INR 43,770 monthly 

Books and supplies 

CAD 1000 – CAD 2000

INR 61,349 – INR 12,26,990

Please note: The expenses mentioned here serve as a point of reference. The actual amount may vary.

Additional costs

Beyond tuition and basic living expenses, international students in Canada should account for additional costs such as health insurance, textbooks, and supplies, which can significantly impact their overall budget. These expenses also include leisure activities, travel, and any unforeseen costs.

All students heading to Canada are required to secure medical insurance before starting their program. The cost for international student health insurance typically ranges from CAD 600 to CAD 900 annually (INR 36,809 to INR 55,214) approximately.

If you are staying in British Columbia, Quebec, Alberta, Newfoundland, Manitoba, Labrador, or Saskatchewan, you’ll be covered by the health plans of those provinces, depending on the duration of your stay.

Cost of studying at top universities

Canada boasts several leading universities for prospective students to choose from. However, the decision to study in them can vary depending on their tuition fees and the student’s budget. To get a fair idea, here is the cost of studying at top universities in Canada.

Name of university

Annual tuition fees (CAD)

University of Toronto

CAD 30,000 – CAD 65,000 approximately

University of British Columbia

CAD 8,700 – CAD 47,000 approximately

McMaster University 

CAD 16,348 – CAD 45,000 approximately

McGill University 

CAD 18,000 – CAD 67,000 approximately

Universite de Montreal 

CAD 9,800 – CAD 23,400 approximately

University of Alberta

CAD 9,500 – CAD 35,000 approximately

University of Ottawa

CAD 25,000 – CAD 43,000 approximately

University of Waterloo

CAD 21,000 – CAD 65,000 approximately

Western University 

CAD 11,245 – CAD 76,000 approximately

University of Calgary 

CAD 34,000 – CAD 40,000 approximately

Please note: The tuition fees listed for each university are subject to change and are at the discretion of that particular university. For the latest updates, check the official website of the desired university.

Course-wise cost of education

Canada has a course to offer to every student irrespective of their choice of field of study. From medicine to education, Canada sees students taking admissions for various courses from across the globe. The breakdown of the cost of education course-wise is below:

Field of study 

Cost in CAD for the Bachelor’s degree course(per year) 

Cost in CAD for the Master’s degree course(per year) 

Education

CAD 20,000 – CAD 45,000 approximately

CAD 12,000 – CAD 40,000 approximately

Humanities 

CAD 21,000 – CAD 30,000 approximately

CAD 8,000 – CAD 28,000 approximately

Law 

CAD 15,000 – CAD 28,000 approximately

CAD 9,000 – CAD 40,000 approximately

Business management and public administration

CAD 20,000 – CAD 60,000 approximately

CAD 21,000 – CAD 76,000 approximately

Executive MBA

NA

CAD 40,000 – CAD 135,000 approximately

Regular MBA 

NA 

CAD 30,000 – CAD 130,000 approximately

Engineering 

CAD 40,000 – CAD 70,000 approximately

CAD 25,000 – CAD 50,000 approximately

Architecture 

CAD 10,000 – CAD 55,000 approximately

CAD 15,000 – CAD 80,000 approximately

Medicine 

CAD 25,000 – CAD 65,000 approximately

CAD 15,000 – CAD 55,000 approximately

Please note: The tuition fees listed here are subject to change and are at the discretion of respective universities. For the latest updates, check the official website of the desired university.

Pre-arrival cost

Pre-arrival costs for students planning to study in Canada encompass expenses such as visa processing fees, study permit applications, and travel arrangements. These preliminary expenses are key for ensuring a smooth transition to Canada, with total costs potentially exceeding several hundred dollars depending on individual circumstances and travel plans.

Cost type 

Cost (CAD) 

TOEFL iBT 

CAD 236

IELTS 

CAD 264

GRE (General/Subject) 

CAD 265/ CAD 187

GMAT 

CAD 342

CAEL 

CAD 176

Flight tickets (one-way) 

CAD 1630

Study permit 

CAD 145

Biometric fee 

CAD 81

Please note: The expenses mentioned here serve as a point of reference. The actual amount may vary.

Post arrival cost

Along with the aforementioned costs, there are additional expenses that the prospective student needs to bear after arriving in Canada. Some are listed below:

Expense type 

Cost in CAD 

Work permit fees 

CAD 155

On-campus parking 

CAD 644

Incidental fees 

CAD 1,885

Tuition deposit 

CAD 500 

Please note: The expenses mentioned here serve as a point of reference. The actual amount may vary.

Cost of living in the best student cities

Living expenses in Canada can differ significantly depending on the location and lifestyle of the students, with larger cities typically incurring higher costs. To secure Canada’s student visa, a minimum of CAD 10,000 (INR 60,863) along with tuition fees is necessary, but it’s advisable to allocate enough to accommodate the variable cost of living. The table below provides an overview of the average living expenses for international students across various Canadian cities.

City name 

Average cost of living (annually) in CAD

Toronto 

CAD 33,000 – CAD 37,000 approximately

Vancouver

CAD 36,000 – CAD 40,000 approximately

Calgary

CAD 24,00 – CAD 28,000 approximately

Montreal 

CAD 25,000 – CAD 26,000 approximately

Ottawa

CAD 19,000 – CAD 22,000 approximately 

Please note: The expenses mentioned here serve as a point of reference. The actual amount may vary.

Scholarships to study

The best part about choosing to study in Canada is that the students can avail of many scholarships to mitigate their financial stress in their study abroad journey. Some of the popular scholarships in Canada are:

Scholarship name

Amount in CAD 

Vanier Canada Graduate Scholarships

CAD 50,000 per year 

Humber College International Entrance Scholarship

CAD 2,000 (during the first two semesters)

Ontario Trillium Scholarship

CAD 40,000 per year

Ontario Graduate Scholarship

CAD 5,000 (per session)

Waterloo Merit Scholarship

CAD 1,000 (one-time)

Please note: The scholarship amounts listed here are subject to change and are at the discretion of respective universities. For the latest updates, check the official website of the desired university.

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How much does it cost to study in Canada?

It ranges from CAD 10,000 – CAD 60,000 approximately per year, depending on the course and the institution.

Tuition fees for Indian students range from INR 6,46,000 to INR 29,35,000 approximately per year. The actual cost will depend on your chosen course and institution.

A master’s degree costs approximately CAD 10,000 – CAD 54,000 annually. The actual cost will depend on your chosen course and institution.

MBA courses cost CAD 25,000 – CAD 1,20,000 approximately. The actual cost will depend on the chosen institution, course curriculum, and other crucial factors.

The minimum tuition cost for international students is around CAD 8,524 per year.

 

Estimated monthly living expenses range between CAD 800 and CAD 1,200. The actual costs will depend on the area you are living in, your preferences, lifestyle, etc.

 

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