Cost of Studying in Canada for Indian Students

Cost of Studying in Canada for Indian Students in 2023

Studying abroad can be costly, but Canada is one of the few countries where education is more affordable. According to the QS News World University Rankings for 2022, 26 Canadian universities are among the world's top-ranked institutions. Tuition fees at canadian universities account for a sizable portion of the cost of studying in Canada.

The tuition of universities in Canada is determined by the type of qualification and institution an applicant chooses. International students require between 7.63 lakhs to 20.55 lakhs per year to cover it. Thus, the average cost of studying in Canada’s best colleges in terms of tuition fees can reach 18,84,000 INR. Additionally, the estimated monthly costs of living in Canada is 66,785.17 INR, excluding tuition fee.

Factors Affecting the Budget

When making a budget for the cost of studying in Canada, you must not overlook any type of expense. The following are major areas of expenditure that have a significant impact on your budget.

Pre arrival Expense Tuition Fee
Travel Expenses Food
Accommodation Internet

Estimate of Expenses in Canada

The following is a breakdown of the various expenses that must be considered when calculating the cost of studying in Canada for Indian students.

Pre arrival Expense

In addition to regular expenses, there are costs involved with enrolling in a Canadian university. These are one-time expenses that add up to a substantial amount.

Expense Average Cost (in INR)
IELTS Prep 5,000 - 7,000
IELTS Exam 14700
GRE Prep 5,370
GRE Exam 15, 800
GMAT Prep 29,758
GMAT Exam 18,645
Application Fee 2,500- 14,500
VISA Application Fee 8,841 INR
Health Insurance 35,343- 53,013
Air Tickets 43,000- 91,376

Tuition Fee

Courses in the field of humanities, education, and arts are usually less expensive, whereas subjects such as medicine and engineering are likely to be more expensive. The average cost of pursuing a degree in Canada ranges between 9,54,000 INR and 16,15,000 INR.

Degree Average Tuition Fee (in INR)
Bachelor 6,46,000 - 16,15,000
Masters 9,54,000
MBA 8,80,400- 29,35,000
Doctoral Degree 5,23,300- 11,21,400

Top Universities in Canada

Canada is home to 10 of the world's top 250 universities. The top universities in Canada, along with their annual fees, are discussed below:

University Annual Tuition Fee (in INR)
University of Toronto 22.24 lakhs
University of British Columbia (UBC) 5.04 lakhs
McGill University 10.62 lakhs
McMaster University 10.03 lakhs
Universite de Montreal 14.41 lakhs
University of Alberta 5.55 lakhs
University of Ottawa 15.09 lakhs
University of Waterloo 8.26 lakhs
Western University 68.99 lakhs
University of Calgary 8.53 lakhs

Affordable Universities in Canada for UG Courses

In Canada, the average cost of pursuing a UG degree in Canadian universities in various fields of study ranges from INR 6,46,000 to INR 16,15,00. Some of the most affordable universities in Canada with annual fees are listed below:

S. No. University Annual Tuition Fees (in INR)
1. Brandon University 3.9 Lakhs/Yr
2. Université de Saint-Boniface 4.0 Lakhs/Yr
3. Memorial University of Newfoundland 6.7 Lakhs/Yr
4. Canadian Mennonite University 7 Lakhs/Yr
5. Dalhousie University 8.8 Lakhs/Yr
6. Simon Fraser University 9.0 Lakhs/Per Term
7. Concordia University 10 - 14.5 Lakhs/Yr
8. University of Saskatchewan 11.8- 15.9 Lakhs/Yr
9. University of Regina 11.9 Lakhs/Yr
10. Royal Roads University 13 Lakhs/Yr

Affordable Universities in Canada for PG Courses

International students will have to pay an average of INR 9,54,000 in tuition fees per year to pursue a PG degree in Canada. The universities listed below are some of the most affordable in Canada for master's degree programs.

S. No. University Annual Tuition Fees (in INR)
1. Memorial University of Newfoundland 4.5 – 9.0 Lakhs/Yr
2. University of Northern British Columbia 3.8 Lakhs/Yr
3. Simon Fraser University 1.1 Lakhs/Per Term
4. Cape Breton University 5.0 Lakhs/Yr
5. Nipissing University 7.6 – 13.7 Lakhs/Yr
6. The University of British Columbia 14.7 Lakhs/Yr
7. University of Saskatchewan 14.4 Lakhs/Yr
8. McMaster University 12.3 Lakhs/Yr
9. University of Victoria 4.7 Lakhs/Yr
10. University of Calgary 11.8 Lakhs/Yr

Cost of Living in Canada

Aside from tuition, housing cost is a major expense of the cost of living in Canada. The cost of a room or apartment can range from around 2,000 INR per night to 4,42,200 INR per year, depending on the type.

Short Term Accommodation

Accommodation Average Cost (in INR)
Hotels/night 5,660 INR- 7,000 INR
Bed and Breakfast stay/night 2,900 INR- 8,850 INR
Hostel/night 2,000 INR- 5,300 INR

Long Term Accommodation

Accommodation Average Cost (in INR)
Homestay/month 35,000 INR- 65,500 INR
On-Campus/year 1,76,900 INR- 4,42,200 INR
Rented Apartment/month 35,000 INR- 1,17,000 INR

Travel

Category Average Cost (in INR)
Public Transport Monthly Pass 3,800- 9,130
Taxi for 1km 190- 350
One-way Ticket (Local Transport) 145- 235

Food

Category Average Cost (in INR)
Inexpensive Restaurant 1,061 INR- 1,769 INR
Mid-range Restaurant 2,949 INR- 7,372 INR
Utilities 5,308 INR- 18,206 INR

Internet

Category Average Cost (in INR)
Minimum 3,538
Maximum 7,077

Scholarships in Canada for International Students

As international students cost of studying in Canada, you can apply for various types of financial support provided by the government, universities, or non-governmental organizations. The following are some of the most well-known scholarships for studying in Canada are:

Scholarship Name Award Eligibility
Banting Postdoctoral Fellowship 70,000 CAD Must be enrolled in natural & social science or health research PG programs
IDRC Research Awards Travel and research support of up to 15,000 CAD Applicants from developing countries enrolled in master's or doctoral programs
Vanier Graduate Scholarships 50,000 CAD Must be meritorious applicants, have research potential and leadership skills
Canada-ASEAN SEED 10,000 CAD for cost of program 5,000 for flight, visa, health insurance 1600 weekly allowance Mid-career professional from ASEAN countries
Ontario Trillium Scholarship 40,000 CAD PhD students in Ontario
Partnership Grants by Social Science and Humanities Research Council in Canada 20,000 CAD Pursuing PhD at eligible Canadian Universities in specific subject

Canada is deemed as one of the most popular destinations for students seeking to further their education. In comparison to countries such as the United Kingdom and the United States, the cost of studying in Canada is relatively low.

Comments



No Comments To Show