Sapna Malik updated Content Curator updated
Content Curator updated
Canada is amongst the most famous student destinations. It offers best-in-class education along with the inexpensive cost of living. Candidates who wish to earn a master’s degree and are looking out for an economical solution can consider studying in Canadian Universities.
While searching for a low-cost university for a master’s degree in Canada, there are few other factors apart from tuition fee which must be considered.
- Cost of Living: Besides tuition fee, cost of living is the next major reason behind the expenses which is unavoidable. It may include factors like accommodation, meal and extras.
- Scholarships: Scholarship is a cost-cutting factor. It is either paid in monetary terms or through various other ways like waiving of the tuition fees.
- Work while you Study: This program lets the students earn money along with studies. They are paid on an hourly basis and have a flexible schedule for not missing their studies. The job could be on-campus or off-campus.
Top Canadian Universities with Low Tuition Fee
Scholarship (external or internal) provides an idea about how much financial help the students can avail, if they get lucky with the scholarships. To determine the average expenditure a student may need to bear, average tuition fee, accommodation fees and meals costs.
The table shows Tuition Fee, Residence fee and Scholarships for international students in 10 well-known, low cost universities of Canada: -
Average Tuition Fee | CAD 4,000 |
Average Residence Fee | CAD 5,000 to CAD 8,000 (annually) |
Scholarships | A.G. Hatcher Memorial Scholarship |
AAC Student Scholarship (Aquaculture Association of Canada) | |
ACUNS Awards Program - Canadian Northern Studies Trust Awards Program | |
Affinity NL (Ottawa) Scholarship | |
Air and Waste Management Association (A&WMA) Scholarship Program |
Average Tuition Fee | CAD 8,591 |
Average Residence Fee | CAD 7,426 - CAD 9,644 |
Scholarship Value | Board of Governors (BoG) Entrance Scholarships – up to CAD 2,000 |
IB (International Baccalaureate) Scholarships – up to CAD 2,800 | |
AP (Advanced Placement) Scholarships – up to CAD 250 | |
Automatic-Consideration & Applied-For Entrance Scholarships – up to CAD 2,000 same as BoG |
Average Tuition Fee | CAD 6,536 |
Average Residence Fee | CAD 470 – CAD 7,976 |
Scholarships | CFUW - Canadian Home Economics Association (CHEA) Fellowship – CAD 6,000 |
CFUW - Ruth Binnie Fellowship – CAD 6,000 | |
CFUW Memorial Fellowship – CAD 8,000 | |
Elizabeth Helen McLeod Scholarship – CAD 2,000 | |
Garry H. Beatty Scholarship – CAD 1,000 |
Average Tuition Fee | CAD 7,641 |
Average Residence Fee | CAD 5,318 – CAD 11,254 |
Scholarships | International Tuition Award – up to CAD 3,200 |
Average Tuition Fee | CAD 10,260 |
Average Residence Fee | CAD 7,056 – CAD 8,771 |
Scholarships | Mackenzie King Open Scholarship – CAD 8,500 |
Alberta Innovates Graduate Student Scholarship – CAD 26,500 | |
Queen Elizabeth II Graduate Scholarship – CAD 10,800 |
Average Tuition Fee | CAD 10,280 |
Average Residence Fee | CAD 1,813 – CAD 7,540 |
Scholarships | J.W. Dafoe Graduate Fellowship – CAD 10,000 |
University of Manitoba Graduate Fellowship – CAD 14,000 | |
International Graduate Student Entrance Scholarship – CAD 5,400 | |
Manitoba Graduate Scholarship – CAD 15,000 |
Average Tuition Fee | CAD 10,544 |
Average Residence Fee | CAD 5,574 – CAD 7,630 |
Scholarships | Canada Graduate Scholarships - Master's (CGSM) Program – CAD 17,500 |
Ontario Graduate Scholarship (OGS) Program – CAD 15,000 | |
Ontario Graduate Fellowships (OGF) Program – CAD 3,000 per semester |
Average Tuition Fee | CAD 12,600 |
Average Residence Fee | CAD 6,215 – CAD 12,496 |
Scholarships | Stravros S. Niarchos Foundation Scholarships for Excellence in Graduate Education (Master’s) – CAD 34,000 |
Vanier Canada Graduate Scholarship – CAD 50,000 | |
The Mackenzie King Travelling Scholarship – CAD 10,500 | |
Pierre Arbour Foundation – Scholarship for Master and Doctoral level study in Computer Science and Engineering – CAD 10,000 |
Average Tuition Fee | CAD 12,695 |
Average Residence Fee | CAD 800 – CAD 11,440 |
Scholarships | Alberta Innovates Graduate Student Scholarships – CAD 26,500 |
Vanier Canada Graduate Scholarships (Vanier CGS) – CAD 50,000 | |
Graduate Award Competition – CAD 36,000 |
Average Tuition Fee | CAD 12,030 |
Average Residence Fee (Interns) | CAD 23.57 – CAD 15.60 (Per Day) |
Scholarships | Graduate Scholarships - Assumption Life (Moncton Campus) – CAD 7,500 |
Student Leadership Awards (2018-2019) (Moncton Campus) – CAD 1,000 | |
Masters of Public Administration Recruitment Scholarships (Moncton Campus) – CAD 7,000 |
Cost of Living in Canada
Living cost in Canada is little above the average cost but a high quality of living is guaranteed. On average, the minimum amount required for basic living in Quebec, Montreal and Ottawa falls between CAD 1,200 to CAD 1,800 on monthly basis. The most expensive cities in Canada: -
- Vancouver, British Columbia
- Toronto, Ontario
- Hamilton-Burlington, Ontario
- Victoria, British Columbia
- Calgary, Alberta
The most affordable cities in Canada: -
- Sherbrooke, Quebec
- Windsor, Ontario
- Edmonton, Alberta
- Regina, Saskatchewan
- Winnipeg, Manitoba
Location-based Expenditure in Canada
Every place has its own cost of living which might be cheap or expensive in comparison with any reference place.
Expenditure amongst Canada cities
A way to compare the cost of living in different cities, is to compare the price of a standard amenity in those cities. Here, a 3- bedroom apartment is compared amongst different cities of Canada. In the table, you can find the average cost of an apartment in six different cities.
City | Apartment Cost |
---|---|
Toronto | CAD 1,900 |
Vancouver | CAD 1,950 |
Ottawa | CAD 1,300 |
Montreal | CAD 1,050 |
Edmonton | CAD 1,500 |
Calgary | CAD 1,600 |
For universities, the on-campus accommodation is generally cheaper than off-campus accommodation due to fixed charges and facilities of on-campus accommodation. Off-campus accommodation has variable expenditure which may affect the budget.
Expenditure of a Canadian City in Comparison to International Cities
As per the table, selective cities famous for the world known universities are compared to each other.
Comparing basic cost of living | 1 bedroom flat in city centre (monthly rent) | Meal for 2 (mid-range restaurant, three courses) | Transportation (monthly pass) |
---|---|---|---|
Toronto, Canada | CAD 1,632 | CAD 70 | CAD 143 |
London, UK | CAD 2,781 | CAD 91 | CAD 218 |
New York City, USA | CAD 3,809 | CAD 94 | CAD 151 |
Berlin, Germany | CAD 1,094 | CAD 58 | CAD 118 |
Sydney, Australia | CAD 2,622 | CAD 79 | CAD 159 |
The Comparison between the cities on various parameters provides the knowledge about average expenses on monthly basis (except meals).
Toronto stands second after Germany. It is amongst the most expensive cities in Canada. The table shows that Canadian cities for students are quite less expensive than other international student cities.
Canada being a less expensive country is suitable for best education in limited budget.
The cost of education must always be accompanied by cost of living if you are considering overall cost of an institution along with the stay.
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