How much does it Cost Yearly to Study in Canada?

Canada is one of the world’s most popular destinations for international students, offering a diverse variety of experiences and opportunities. Even better is the fact that the tuition fees in Canada are much less expensive than other major Anglophone destinations (the US, UK, and Australia).

The CMEC, Canada offers a great online tool that allows prospective international students to calculate the costs of studying in various universities of Canada, in addition to providing guidance on the documents needed to apply.

Tuition Fees in Canada

Universities in Canada have the freedom to set their own fees depending upon the program, the location of the student, under-graduation or post-graduation level, and so on.

According to the latest report from Statistics Canada, tuition fees in Canada fell by an average of 5.3 percent for undergraduate domestic students and rose by 7.6 percent for international undergraduates in 2019-20.

If you’re a Canadian citizen studying in Canada, you can expect to pay an average of CA $6,463 per year for an undergraduate degree, and CA $7,056 per year for a graduate degree.

Undergraduate Tuition Fees in Canada

According to Statistics Canada, the average tuition fees for undergraduate international students in 2019/20 are CA$29714 (~US$22,500) per year. Humanities courses were comparatively cheaper (averaging $5,542), while subjects such as engineering and medicine were among the most expensive (an average of CA$21,717 (~US$16,446) for dentistry and $14,162 (~US$10,724) for Medicine. Fees for business and management courses were lower than the national average, at CA$6,827 (~US$5,170) per year.

Postgraduate Tuition Fees in Canada

The tuition fees for the post-graduate level tend to be lower than the under-graduate level. Statistics Canada placed the average postgraduate tuition fee for international students at CA$17,744 in 2019-20, which is approximately US$13,437; a 4% increase from the previous year.

As is the case worldwide, executive MBA programs are generally the most expensive, averaging around CA$56,328 (~US$42,657), while regular MBAs cost CA$27,397 (~US$20,747) on average.

Cost of Living in Canada

Even though Canadian student visa requirements say you must have at least CA$10,000 (~US$7,570) (or CA$11,000/~US$8,300 if studying in Quebec) on top of your tuition fees, you’ll most likely need to have much more than this for your living expenses. Your living costs will vary considerably depending on your location and spending habits, with large cities being more expensive to live in.
The University de Montréal estimates students will need a total of CA$14,700 per year including housing, food, accommodation, books and course supplies, phone costs, and miscellaneous expenses.

The University of British Columbia, located in Vancouver, estimates living costs of CA$15,500 per year, not including mandatory health insurance, which is CA$864 per year under the BC Health Plan.

According to the 2019 Mercer Cost of Living Survey, Toronto was the most expensive Canadian city to live in, followed by Vancouver, although rental expenses were very high in both cities.

The three main types of student accommodation (homestay, university accommodation, and private accommodation) vary considerably in costs, with students paying around CA$3,000-7,500 (~US$2,271 – 5,680) for on-campus accommodation each year.

Private shared accommodation can costs more, around CA$8,400 (~US$6,361) per year plus bills.

University accommodation is often cheaper, with some universities even offering meals at University’s food outlet.

Following are some examples of average living costs in Canada as per Number as of October 2019:

• Eating out at a restaurant: CA$16 per person (~US$12)
• A one-way ticket on local public transport: CA$3 (~US$2.27)
• A loaf of bread: CA$2.86 (~US$2.17)
• Cinema ticket: CA$13.50 (~US$10.22)
• Monthly gym fee: CA$48.25 (~US$36.54)

It is compulsory to purchase health insurance while studying in Canada, which will cost approximately CA$600-800 (~US$455-607) per year. Also, don’t forget to add extra costs, such as winter clothing, to your budget.

Student Visa and Application Fees

The Canada Study Permit serves as a student visa for the duration of your stay in Canada. You don’t need this permit though if your program lasts for six months or less. Applying for this permit will cost around CA$150 (~US$114).

Fees to apply to universities in Canada will vary depending on the university and your country of origin. For example, the University of British Columbia charges undergraduate Canadian students CA$70.50 (~US$53.40) and international students CA$118.50 (~US$89.70). It might be possible to get this fee waived if you are an international student from a developing country.

Financial Aid to Study in Canada

Scholarships, grants, and bursaries are available for international students wishing to study in Canada, at both undergraduate and postgraduate levels. Some of these are specific scholarships for sporting and academic achievement and subject-specific scholarships.

Many of the universities also offer their own scholarship, so you might be able to apply for a scholarship offered exclusively by the specific university. It is important to apply as early as possible as scholarship funding is limited and highly competitive. International students should also research study abroad scholarship opportunities offered in their home country if any.

One notable source of scholarships to study in Canada is the Canadian Commonwealth Scholarship Program, which provides scholarships to students of other Commonwealth countries.

Information for financial assistance can also be found on the Canadian Information Centre for International Credentials website.

Student Jobs in Canada

If you wish to get a part-time job to help support yourself while studying in Canada, you can work on or off-campus for up to 20 hours during university semesters and full-time during breaks such as the winter or summer holidays, without the need for a work permit.

To qualify, you must:

• Have a valid study permit
• Be a full-time student
• Be enrolled at a designated learning institution at the post-secondary level
• Be studying in an academic, vocational, or professional training program that leads to a degree, diploma, or certificate that is at least six months in durationAlso, you will need a Social Insurance Number from Service Canada to work there or receive benefits and services from government programs.

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