Cost of Studying in Canada – Tuition Fees, Visa Fees, and More

Study in canada

The most recent figures show that one of the top study abroad destinations for students worldwide is Canada. At all levels, the number of enrolled students climbed dramatically between 2015 and 2018, with college enrollment increasing the most. The country's system of economic education is one of the main causes of this. 

The number of students enrolled in postsecondary education in Canada exceeded 2.18 million. 

Comparatively speaking to other nations, Canada has affordable educational options. 

In Canada, the average cost of tuition is between 20,000 and 30,000 CAD per year. 

How much money I need to have is a crucial concern that every student who wants to study in Canada faces. or how much does education in Canada cost? or How much does a student visa to Canada cost?

Canada - Attendance fees 

The total cost of attendance includes a number of expenses, including books and supplies, groceries, on- or off-campus housing, etc. But one of the major influencing factors is the cost of tuition. The cost breakdown for attending any Canadian university is shown in the table below. 

The price varies depending on the student's choice of programme and college.

• One of the biggest contributors to a candidate's financial situation is tuition. The tuition cost depends on a number of variables, including the university, the topic of study, and the programme level. Below is a list of the typical high-ranking fields' tuition costs:

fees for attending college in Canada 

The type of institution you wish to attend also affects how much you should budget for tuition. For instance, if you want to attend an Ivy League institution, the cost will be much more than that of a 2nd or 3rd-tier college. For international students, the University of Toronto charges an average tuition rate of about $45,000 Canadian. In addition, there are application fees that vary between universities and are significantly more for international students. 

Canadian living expenses 

Managing the cost of living while studying in Canada is another crucial consideration. 

There are numerous possibilities available to students. Most foreign students in Canada opt to remain in dorms or other on-campus housing offered by their universities. Additionally, students have the option of living in shared or private apartments off-campus.

Students must consider additional costs of groceries and supplies of around  CAD 200-600 /year while choosing to stay off-campus.

 Visa fees for Canadian students 

A current student visa is an additional essential component of studying in Canada. The total cost of a visa application is 150 CAD. 

If they can pay GIC, Indian students can apply for the fast-track process (Guaranteed Investment Certificate). It implies that you must invest CAD10,000 or the sum imposed by IRCC (Immigration Refugee Citizenship Canada). Express entry is the best route to a student visa, but it can be complicated and dangerous, so add GIC to your tuition costs. 

The biggest feature of GIC is that once you go to Canada, you can get your money back. GIC certificates are available from a variety of banks, and the ICICI Bank 

Miscellaneous additional costs 

There are several costs to take into account in addition to tuition and housing costs. For instance, Canada, like the majority of nations, requires overseas students to have health insurance. Typically, health insurance costs between CAD 600 and 900 per year. 

The total costs should include additional costs for transportation ($2,000/year), communication ($20–$50/year), books and materials ($200–$350/year), etc. 

You must learn to balance your spending as an international student with the expense of living in the country where you will be studying.

The cost of living in large cities and towns will be costly, but the exposure and experience will be well worth it. Additionally, you will have more options for job search. By earning more money, you can offset the increasing expense of living. You are permitted to work 20 hours per week under your study permission. There is no restriction on the number of hours worked on weekends or during holidays. You may work any job on holidays as long as you are not breaching any federal laws. 

Therefore, one of the safest strategies to easily survive in Canada is to organise your finances in advance.

But before you depart from India or any other nation, be sure to factor in expenses like lodging, food, health insurance, and travel when calculating the projected cost of studying in Canada. You can better arrange your budget as a result. 

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