Visa & Immigration

Cost of Studying in Canada 2023 | Everything You need to know

5 Mins read

One of the major concerns of students (when they want to travel abroad for studies) is to know the cost of studying and living in the country or universities of their choice so they can plan very well. If you are interested to know the cost of studying in Canada, this essential guide will break down the cost of every aspect to ensure that you have everything covered.

However,  you don’t need to bother about high tuition fees in Canada because all universities in Canada are publicly funded through the provincial government. Canada is among the most affordable place to study for international students, it offers lower tuition fees than the US, UK, and Australia.

Each university in Canada chooses a specific amount it will charge its students for tuition and this depends on the program, the student’s home country, the province, and the degree level.

Canada is known for having relatively low tuition fees, and international students studying in Canada can work and study at the same time on-campus or off-campus to cover up their cost of study, I can say it is the best place to study for international students.

Disclaimer: Most of the figures listed here can change from time to time. we advise our visitors to get more information anytime they plan to travel to Canada for studies in order to keep abreast with the latest changes.

Tuition fees| cost of Studying In Canada

In 2019/2020, there was a decline by an average of 5.3% for Canadian undergraduate students, and there was an increase of approximately 7.6% for international undergraduates in the cost of tuition fees, and this report is from Statistics Canada.

The cost of studying in Canada is dependent on whether you’re a Canadian citizen or an international student, the program you plan to study, and if you’re studying at an undergraduate or postgraduate level.

A Canadian citizen studying in Canada pay an average of $6,400 annually to obtain an undergraduate degree, and $7,000 annually to earn a graduate degree

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International students pay more than Canadian citizens, but it can not be compared to the tuition fees in countries like the UK, the USA, and/or Australia.

Engineering, medicine, social sciences are usually the most expensive programs for international students. The average cost of tuition for a bachelor’s degree to study in Canada is $600 – $30,000 Canadian dollars annually.

Tuition Fees In Canada For Popular Courses

For bachelor’s Degrees;

  • Bachelors in Computer Science & IT: $1,500 – $55,000 (annually in Canadian dollars)
  • Bachelors in Social Sciences: $1,000 – $56,000 (annually in Canadian dollars)
  • Bachelors in Natural Sciences: $1,780 – $53,000 (annually in Canadian dollars)
  • Bachelors in Engineering & Technology: $1,540 – $56,000 (annually in Canadian dollars)
  • Bachelors in Business & Management: $600 – $55,000 (annually in Canadian dollars)

Tuition Fees for Masters| Cost Of Studying In Canada

The courses that cost higher in this study programs are Computer Science and Law,  the average cost of tuition to pursue a Master’s degree in Canada is $1000 – $66,000 (in Canadian dollars annually)

Costs of tuition for popular disciplines;

  • Masters in Computer Science & IT: $2,200 – $53,000 (annually in Canadian dollars)
  • Masters in Social Sciences: $1,000 – $56,000 (annually in Canadian dollars)
  • Masters in Engineering & Technology: $2,200 – $53,000 (annually in Canadian dollars)
  • Masters in Business & Management: $2,150 – $53,000 (annually in Canadian dollars)

Cost Of Tuition For postgraduate or Grad Program

Postgraduate degrees, also known as “grad” programs, are between a year and three years’ full-time study. A postgraduate degree will cost approximately $7,056per year, although some can cost as much as $22,485  annually.

Canadian students Should expect to graduate with $27,000  debt based on a three-year program. International students who graduate from a Canadian university can expect to carry a debt burden of $75,540(although this can vary in some courses).

Cost Of Accommodation| Cost Of Studying In Canada

Students have several options when it comes to student accommodation in Canada. The accommodations are either a homestay (where students live in a lodging in their university town), university accommodation, or private accommodation and all of them vary in cost.

  • Some homestay services charge an initial placement fee of $200 and its average cost per year is $1,150.
  • The average cost of a university residence or dormitory is $250 – $625 Canadian per month and many also offer campus dining meal plans.
  • Private shared accommodation is around $250-700 Canadian per month. This varies based on the province and the type of house/apartment that you choose to stay in.
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Other Essential Costs For Students

In Canadian student visa requirements, international students are required to have at least $10,000 (or $11,000 if you want to in Quebec) or more to your tuition fees. however, your budget should be more than this in order to cover your living expenses.

  • The University of Montreal estimates that students will need a total of $15,050 annually to cover housing, books and course supplies, phone bills, and other expenses.
  • The University of British Columbia puts the figure at $15,500. Vancouver is the most expensive city in Canada to live in, particularly on rental costs. Cities in Quebec are some of the cheapest to live in.

A vital cost to factor in is compulsory health insurance, which varies in cost across the provinces. Medical coverage varies from province to province; Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, and Saskatchewan cover international students under provincial healthcare plans but that depends on the length of your stay and which country you are arriving from. International students planning to study in Quebec, Ontario, Prince Edward Island, or Yukon must arrange their own private health insurance.

If you are living in private accommodation approximately $150 (per month) should cover your basic utilities, such as electricity, heating, water, and the council bills. Internet is about $40  per month (split between the tenants).

about $600 can cover all books necessary for an average academic year and a mobile phone package is about $30 per month.

One-way public transport fares typically cost a few Canadian dollars and monthly passes are between $80-100, sometimes many transport systems offer student discounts. Taxis are a common form of transport in Canada and cost between $2 and $6 per kilometer. Fuel costs 114.5 Canadian cents per liter.

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Students planning to study in Canada should consider investing in warm winter clothing to live in Canada, as temperatures can drop to as low as -40°C.

What Financial Support Is Available

in order to adhere to Canada’s Citizenship and Immigration regulations, students must prove they have enough money to meet their financial needs while studying in Canada before starting their program.

There are scholarships, grants, and bursaries available for international students at the undergraduate,  graduate, and postgraduate levels as long as the international students can prove the above.

It’s important to begin researching these options early, as scholarship funding is highly competitive and limited. Scholarships might be for sporting or academic achievement or particular prowess in one subject.

There are also university-specific scholarships that can be found on the institution’s websites, but it’s also worth researching study abroad scholarship opportunities offered by your home country’s organizations

the Canadian Commonwealth Scholarship Program provides funding for students of other Commonwealth countries. The Canadian Information Centre for International Credentials site is useful too.

Many businesses, shops, and restaurants offer discounted student rates with proof of course enrolment (student card or a student discount card). Reductions vary from 10-50 percent, this means that students can live on a budget and still enjoy their time in Canada. AirCanada also offers reduced airfares for students.

Conclusion

We have tried our best to provide substantial information about the cost of studying in Canada. So, if you want answers about what it will cost to study in Canada, you can draw your inference from this post, though so many things can change due to exchange rates.

If you find this post helpful, you can it with your friends on social media, your friends will be glad to see the information from you. GoodLuck!

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