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.
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