What is the Cost of Education in Canada?

Many students would like to get high education in Canada. Apart from its beautiful landscapes and multicultural cities, the country offers numerous educational opportunities because of its developed science. If you are one of those persons who dream about getting education in Canada, you should know that tuition fees here are less expensive than in the USA. However, they are still high in comparison to most of the other countries.

You can use an online tool that allows to quickly calculate the costs of studying in Canada or just read the information below to get approximately informed.

How much do Students Have to Pay to Study in Canada?

The costs of education at different universities vary depending on the following factors: educational program, studying at undergraduate/postgraduate level, and whether you are an international or home student. If you are a citizen of the country and study here, then tuition fees in Canada for you will amount to about CA$6,000 per year.

International undergraduate students have to pay about CA$15,000 per year for their studies. The ones who are going to study at the postgraduate level should be ready for higher tuition fees. Executive MBA programs are considered to be the most expensive – about CA$42,000.

How much does it Cost to Live in Canada?

The average costs of living in Canada are likely to be about CA$700 per month for food and other expenses. The largest expenditure after tuition fees is accommodation. Living expenses in this country amount to approximately CA$10,000-15,000 per year. As a rule, they are more expensive in big cities.

Living on campus in student accommodation is the most expensive. If you are looking for a cheaper option, you can prefer living off-campus. In this case, you should take into account additional expenditures for travelling to and from your university.

For students who are under 18, there is a rule: living in Canada is only allowed with a host family in a homestay. This costs about CA$650-800 per month and is another affordable option.

Financial Aid in Canada

International students can get scholarships, bursaries, and grants when they are getting high education. These include subject-specific scholarships as well as scholarships for academic and sports achievement.

Remember that you should apply as early as possible, since scholarship funding is limited and highly competitive.

It should be noted that the calculations above are only average and vary depending on the institution, program of education, location, and accommodation preferences of each individual student.