What Is The Cost Of Studying In Canada?

Canada is a favourite study destination for international students. One of the major reasons why students from across the world prefer Canada as a study abroad destination is the affordable cost of higher education as compared to the other study hubs in the world, like USA, Australia, UK and New Zealand. Tuition and living are the major elements in cost of study. Therefore, it is important to know the cost of studying in Canada. Take a look

Cost of Study at Universities in Canada

The cost of study at the Universities in Canada varies with the level and programme of study as well as differs across the various provinces. Here’s the average cost of studying at universities in Canada by the province, level of study and programme of study-

Cost of Studying at Universities in Canada by Province (Best Student Cities according to QS Rankings 2017)

Canada is home to student-friendly cities. These cities have a slew of top-ranked universities and colleges offering world-class education, thus attracting a large chunk of international students.

The Best Student Cities in Canada as per the QS Best Student Cities Rankings 2017 are-

Montreal - Rank 1: The internationally ranked universities in Montreal are McGill University, Université de Montréaland Concordia University. The average tuition fee at these universities is US$12,200.

Vancouver - Rank 10: The internationally ranked universities in Vancouver are University of Colombia and Simon Fraser University. The average tuition fee is US$18,000.

Toronto - Rank 11: The internationally ranked universities in Toronto are University of Toronto, York University and Ryerson University. The average tuition fee is US$21,500.

Ottawa - Rank 26: The universities in Ottawa are University of Ottawa and Carleton University. The average tuition fee is US$16,700.

Quebec - Rank 72: The internationally ranked universities in Quebec are Laval University and Université du Québec. The average tuition fee at ranked universities is US$13,800.

Cost of Studying at Universities in Canada by Level of Study

The average tuition fee for international students at undergraduate level is C$23,589. Humanities and Arts subjects are inexpensive, while medicine, dentistry, pharmacy and engineering are more expensive.

The average tuition fee for international students at graduate level is C$25,009. MBA programs are expensive than other graduate level programmes.

**The tuition fees vary depending on the programme of study.

Cost of Studying Arts and Humanities at Undergraduate Level at Top Ranked Universities in Canada

University name

QS World University Rankings 2016/17

Foreign Students (Tuition Fees for Humanities and Arts Programs)

Province

McGill University	30	C$15,943 - C$17808	Québec
University of Toronto	32	C$31,000 - C$42,560	Ontario
The University of British Columbia	45	C$24,486 - C$30,359	British Columbia
University of Alberta	94	C$20,395	Alberta
Université de Montréal	126	C$17808 - C$17,808	Québec
McMaster University	149	C$19,238 - C$23,986	Ontario
University of Waterloo	152	C$24,830 - C$26,210	Ontario
University of Calgary	196	C$18,338 - C$18,338	Alberta
Western University	198	C$222,60	British Columbia
Queen's University	223	C$28,589 - C$33,775	Ontario

Tuition Fees for Engineering Programs at Undergraduate and Postgraduate Level at Top-Ranked Universities in Canada

University name

QS World University Rankings 2016/17

Foreign Students
Engineering Undergraduate Program (Annually)	Engineering Graduate Program (Per Term)

McGill University

C$37,054

C$9,584

University of Toronto

C$47,020

The University of British Columbia

C$35,906

C$6,300.37

University of Alberta

C$25,655

C$9,740

Université de Montréal

126

-	C$7,971.45 per session

McMaster University

149

C$26,834

C$18,831

University of Waterloo

152

C$35,754

C$8,702

University of Calgary

196

C$1224 (per 3 units)

C$12,695.88

Western University

198

C$33,800

C$9,120

Queen's University

223

-	C$17,849 (TOTAL)

Cost of Studying at SPP Colleges

Canada has a strong bond with India and testimony to it is the large chunk of Indian students flocking to Canada for higher education. To make that bond even more stronger, there is a special program developed by the Citizenship and Immigration Canada’s Visa Offices in India (CIC) in cooperation with the Association of Canadian Community Colleges (AICC) exclusively for Indian students- the SPP (Students Partners Program).

This program is between the Canadian High Commission in India and a few selected educational institutions in Canada to provide prompt study visa for the Indian students who wish to study in the SPP Colleges/Institutes in Canada. There are over 40 colleges and institutes under the SPP.

The average cost of studying at colleges/institutes under the SPP is C$12,000 to C$18,000 annually (2 semesters).

**Tuition fees vary with the level and programme of study.

Cost of living in Canada

Apart from the studying costs there are various other costs too that you need to take into consideration when you decide to study in Canada. Though living in Canada is cheaper than its counterparts like US and UK, you'll need to spend for accommodation, transport, telephone, internet, etc. Let's take a look at the costs of basic amenities:

Food
Basic lunchtime menu	C$17
Combo meal in fast food chain	C$10
500gr (1 lb.) of boneless chicken breast	C$7
1 liter (1 qt) of whole fat milk	C$2.80
12 eggs, large	C$4.20
1kg (2 lb) of tomatoes	C$3.62
500gr (16 oz) of local cheese	C$10
1kg (2lb) of apples	C$3.68
1kg (2 lb) of potatoes	C$2.72
2 liters of Coca-Cola	C$2.31
Bread for 2 people for 1 day	C$2.26

Housing
Monthly rent for 85m2 (900sqft) in Expensive area	C$2,310
Monthly rent for 85m2 (900sqft) in Normal area	C$1,896
Utilities 1 month (heating, electricity, gas, ...) for 2 people	C$180
Monthly rent for 45m2 (480sqft) in Expensive area	C$1,770
Monthly rent for a 45m2 (480sqft) in Normal area	C$1,401
Internet 8 Mbps (1 month)	C$54
40” flat screen TV	C$476
Microwave 800/900 Watt	C$183
Laundry detergent	C$12
Hourly rate for cleaning help	C$22

Clothes
1 pair of jeans (Levis 501 or similar)	C$69
1 summer dress in High Street Store (Zara, H&M, etc.)	C$56
1 pair of sport shoes (Nike, Adidas or equivalent)	C$114
1 pair of men’s leather business shoes	C$166
Transportation
1 liter (1/4 gallon) of gas	C$1.09
Monthly ticket public transport	C$141
Taxi trip on a business day, basic tariff, 8km (5 miles)	C$22

Personal care
Cold medicine for 6 days (Tylenol, Frenadol, etc.)	C$10
1 box of antibiotics (12 doses)	C$25
Short visit to private doctor	C$56
Deodrant, roll-on	C$4.91
Hair shampoo 2 in 1	C$5.14
4 rolls of toilet paper	C$2.57
Tube of toothpaste	C$2.47
Standard men’s haircut in expat area of city	C$24

Entertainment
Basic dinner out for two neighbourhood pub	C$56
2 tickets to the movies	C$28
2 tickets to the theater (best seats available)	C$186
Dinner for two (multiple course meal)	C$110
1 cocktail drink	C$12
Cappuccino in expat area of city	C$4.73
iPod nano 16 GB	C$240
1 min. Of prepaid mobile tariff (no discounts or plans)	C$0.39
1 month of gym membership	C$67

*Source: www.expatistan.com

How to fund these cost of studying in Canada?

To cope up with the studying and living costs, many funding options are available, like-

Host country government funding schemes
Canadian higher education institutions scholarships, grants, awards, bursaries or fellowships
Student loans

One of the best options to fund the cost of studying in Canada is through student loans. Indian students can look for HDFC Credila that offers education loans at reasonable repayment rates, thus fulfilling your dream of studying in Canada. HDFC Credila has customized education loans(Click Here) for Indian students who wish to pursue higher education in Canada. The education loan offered by us covers the full tuition fees and other expenses, such as hostel and living expenses, laboratory/library fees; examination fees, purchase of books, uniforms, equipment and instruments, computers/laptops; and travel fare, i.e. ticket from India to Canada.

HDFC Credila loan funds the entire period of study. An added benefit is the six months grace period given to students to look for jobs and then start the loan repayment. The repayment tenure is up to 10 years or more with easy EMIs.