The Global Exposure explains all the things about the expenditure cost to Study in Canada for international students.

Once you decide to study in Canada, the first question that will come to your mind is: How Much Does it Cost to Study in Canada? We have already discussed in an earlier posting that Canada is the world’s most popular destination for international students, offering a huge variety of courses, multiple experiences, and huge opportunities and is known for its multicultural places and cities with grandeur and beauty. Well, here is the good news you have been eagerly waiting for: In Canada, the tuition fees are generally less expensive than those in other major countries such as the US, UK, and Australia. Interested prospective international students can go to the web site of CMEC (The Council of Ministers of Education, Canada) to calculate the costs of studying at various universities in Canada. It also provides required guidance on issues like various documents needed to apply. Well, we would like to clarify that Canadian universities generally decide their own fees. They vary based on factors like what program the student is pursuing, whether he or she is an international or home student, and whether he or she is studying at undergraduate or postgraduate levels.

Please also read our latest blog posts about the same topic:

1. https://theglobalexposure.com/how-work-permit-helps-students-study-abroad-easily/
2. https://theglobalexposure.com/what-is-gic-account-how-to-open-guaranteed-investment-certificate-account/
3. https://theglobalexposure.com/scholarships-in-canada-for-international-students-ug-pg-programs/

Cost to Study in Canada

It is reported from reliable sources that tuition fees in Canada rose by around 3.3% for undergraduate domestic students and around 6.3% for international undergraduates in 2018/2019. BTW if you are a Canadian citizen studying in Canada, then it is estimated that you will have to pay around CA$6,838 per year for undergraduate and CA$7,086 for a graduate degree. As per data available from Statistics Canada, average tuition fees for international students in 2018/19 are CA$27,159 (~US$20,600) per year. It may be noted that generally Arts and Humanities courses are cheaper, while engineering and medicine courses are expensive (an average of CA$30,742 (~US$23,300) per year). However, fees for Business Management courses are lower at around CA$26,395 (~US$20,000) per year. If a student wishes to at the postgraduate level, then tuition fees are lower and vary depending on his or her program. Statistics Canada mentions that average postgraduate tuition fees are CA$16,497 in 2018/19, which is approximately US$12,500 and indicates hardly a 1% increase from the previous year. Please note that Executive MBA programs are the most expensive, averaging around CA$49,798 (~US$37,700), while the regular MBA programs cost around CA$30,570 (~US$23,160). However, please note that this cost range is an average only and will vary according to the institution and program in which you are enrolled, your location, and your living expenses. Having discussed tuition fees let us now go to the  Cost of Living in Canada. Your living costs will vary depending on the location and your spending habits. Bigger cities are generally more expensive to live in.

Here are a few broad estimates:

Top-ranked universities in Canada

1. Université de Montréal estimates that a student will have to make arrangements for CA$15,050 per year including books and course materials, accommodation, food, telephone costs, and miscellaneous expenses.
2. The University of British Columbia estimates living costs of around CA$15,500 per year, excluding mandatory health insurance, which is approximately CA$864 per year under the BC Health Plan.
3. As per the 2018 Mercer Cost of Living Survey, Toronto and Vancouver were considered as the most expensive Canadian cities to live in, due to rents being particularly high there.
4. The costs of 3 main types of student accommodation ie homestay, university accommodation, and private accommodation vary considerably. It is estimated that students have to pay around CA$3,000-7,500 (~US$2,550–5,640) per year for on-campus accommodation. On the other hand, students preferring private shared accommodation have to pay around CA$8,400 (~US$6,320) per year. A TIP: University accommodation is generally cheaper, and some universities also offer meal plans to permit students to purchase food from the university stalls.

Based on a reliable source, here are a few indicative examples of average living expenses: (December 2018)

1. Eating in a restaurant: CA$15 per person (~US$11)
2. One way ticket on public transport: CA$3 (~US$2.25)
3. A loaf of bread: CA$2.79 (~US$2.10)
4. A cinema ticket: CA$13 (~US$9.78)
5. Average monthly gym fee: CA$49 (~US$37) We also suggest you budget for extra costs, like warm winter clothing in case you do not possess any.

The next question you are likely to ask is about the availability of financial aid to study in Canada. Yes, scholarships, grants, and bursaries are there for international students at both undergraduate and postgraduate levels. Generally, there are specific scholarships for sporting and academic achievements and for subject-related scholarships. Quite a few universities in Canada offer their own scholarships, so you can also apply for the same. Please remember that it is important to apply as early as possible as scholarship funding is quite limited and is highly competitive. International students are advised to also do some research about study abroad scholarship opportunities offered by organizations in their home countries. One quite notable source of scholarships in Canada is the Canadian Commonwealth Scholarship Program, which provides scholarships to students of other Commonwealth countries. Do try that source too. Information about financial assistance can also be found from the Canadian Information Centre for International Credentials website. Information about many more scholarships to study in Canada can be found here. One more common Question that students generally ask is about student jobs in Canada. For your information, If a student would like to get a part-time job to help support him or her self while studying in Canada, then he or she can work both on or off-campus for up to 20 hours during the semesters and full time during summer or winter holidays, without any work permit. To be eligible for such jobs, a student must have a valid study permit, be a full-time student, be enrolled at a designated learning institution at the post-secondary level.

Conclusion about Expenditure Cost to Study in Canada

Further, he or she must 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 duration. It is also very essential to have a Social Insurance Number (SIN) to work in Canada or to receive various benefits and services from government programs.

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