How much money does it take to study in Canada?
Studying abroad is always an expensive deal, but thankfully, it is worth costing in Canada while we look at a quality education. Education is available at lower tuition rates than in many other countries. But if you're departing from India, you must be aware of expenses like
- Tuition fee
- Health coverage, and
You also need to ensure that you can cover all expenses. Here we'll provide the detailed costs of your study in Canada and how Aptech can provide you best consultation service.
Tuition fee is your prime expenditure: Every college and University in Canada have their fee structure depending on the courses you select. How much money it takes to study, these vary depending on several factors:
- Which program you're taking,
- whether you are a home student or an international,
- You're taking admission at the undergraduate or postgraduate level.
According to the latest report from Statistics Canada, tuition fees in Canada, especially in Ontario, decreased by an average of 5.3% for undergraduate domestic students and rose by 7.6% for international undergraduates in 2019/2020.
You can expect to pay an average of C$ 6,463 per year if you're a Canadian citizen studying in Canada. However, if you're an international student, you will need approximately CAD 13,000 to CAD 35,000 a year for graduation.
- Courses in humanities like Travel & tourism, business administration and arts are a little cheaper.
- Subjects such as MBBS, BDS, B. Pharma etc. and engineering courses like B.Tech. are likely to be more expensive.
If you pursue a postgraduate level, then tuition fee is typically higher and it from program to program. MBA programs are often expensive as compared to other courses in Canada. The average cost for these programs ranges between CAD 30,000-42,000.
|S.no.||Study program||Average annual fee|
|1||Undergraduate program||$13,000 to $20,000|
|2||Postgraduate master's degree||$17,000 to $25,000|
|3||Doctoral degree||$7,000 to $15,000|
|4||MBA||$30,000 to $40,000|
Students will also have to look over for these expenses:
- Hostel charge,
- course materials, like textbooks and supplies - $600
- other expenses
Cost of your student visa and permit:
The first step is to secure a valid study permit if you're going to stay in Canada. That comes with its costs (approx. CAD 150). Feel free to consult with Aptech visa counsellors for the latest updates and information on the visa application process and related expenses.
Accommodation costs if you're living separately
Accommodation is the priority if you are selected for the course. Many universities in Canada offer hostel facilities for international students. You can also choose to stay outside the campus, where you can share apartments with other college students.
The cost for on-campus accommodation depends on the college, but the lump sum range is between CAD 8,000 to CAD 10,000 (annually)
Living in a shared apartment with others can cost you around CAD 400 to CAD 700 per month. The cost also varies from your location. Remember, the rentals vary from city to city.
An additional option is a PG facility where you stay with a host family in Canada. In this, you will have to pay a placement fee of CAD 200 and a monthly fee of CAD 750 - 950 in return for meals and a room. However, you'll be able to participate in local activities with the host and learn about the culture closely.
Insurance and Medical cost:
If we'll talk about healthcare premiums in Canada, then on average, it's around C$157 per month. For an individual male, it's C$47 per month, and for an individual female, it's C$80 per month.
Here is a table to help you understand approximate monthly costs as well as annual costs.
|Mobile phone (basic package)||$30||$360|
|Public Transit Pass||$40||$480|