Canada is slowly becoming one of the top educational destinations among English-speaking countries. While the fees in Canadian Universities are still quite high, they are among the lowest in English speaking countries like the USA, UK or Australia. However, the quality of Canadian education is excellent, with students from Canadian Universities performing very well in the international job market.
Universities in Canada set their own fees. The fees vary depending on the course, and international students are usually charged more than indigenous students. Undergraduate and Graduate fees are usually higher, while the fees for Post Graduate programs are lower.
Public Universities are heavily subsidized by the government, so the fees are lower. The fees at public universities start at around 5000 CAD/year and go up from there.
Private colleges tend to have higher fees as compared to public universities. Depending on the course, the fees for Indian students usually hover somewhere between C$20,000 to C$30,000 per year, including living expenses. The tuition fees can be partially offset by taking a job.
Student debt is a problem for Indian students who wish to study in Canada. The cost of living in Canada is quite high and combined with heavy fees, students often end up burdened with enormous amounts of debt. However, certain universities have significantly lower fees, ranging from C$5000 to C$11,000. The following list of universities in Canada are among the most affordable for International students.
|Affordable University||Average Tuition Fees|
|Dominican University College||5000 CAD/year|
|Brandon University||6219 CAD/year|
|Université de Saint-Boniface||6420 CAD/year|
|Canadian Mennonite University||7560 CAD/year|
|Memorial University Of Newfoundland||8800 CAD/year|
|Southern Alberta Institute of Technology||5000-7000 CAD/year|
|The King's University College||9920 CAD/year|
|Athabasca University||9440-10490 CAD/year|
|Canadian Mennonite University||7728 CAD/year|
|Université de Moncton||10270 CAD/year|
|Saint Paul University||9836 CAD/year|
|Universite’ Sainte- Anne||8820 CAD/year|
|Mount Royal University||11121 CAD/year|
Usually, fees at the top-ranked universities are quite high. However, the top universities in Canada are surprisingly affordable. The University of Toronto charges an average tuition fee of 38,000 CAD/year, which is quite high. However, the other top ranked universities don’t even go above 10,000 CAD/year.
The University of British Columbia charges an average tuition fee of 8,500-9,000 CAD/year,
McGill University charges an average tuition fee of 8,000 CAD/year, and the University of Montreal charges an average tuition fee of 10,000 CAD/year.
There are plenty of scholarships canada for International students. Deserving students can choose from a variety of scholarships they can apply for. Canadian Scholarships fall into three different segments - Government Scholarships, Non-governmental Scholarships to study in Canada and Scholarships by Universities. There are scholarships for all degrees, from Graduate to Masters to Post Graduate.
Before you fly to Canada for your study abroad journey in Great White North, you are required to show the monetary funds to the Canadian Immigration, that are enough to sustain you in Canada for a year, including Study in Canada tuition fees and living expenses. Scholarships and other means of financial aids will help you balance your financial burden. Here are all the details about financial aid to Study in Canada: Scholarships And Financial Aid For Students to Study In Canada
|Government Scholarships||International Student Scholarships at Humber College Canada|
|Banting Postdoctoral Fellowship||McGill University Scholarships and Student Aid|
|Canada Graduate Scholarships – Master’s Program||Queen’s University International Scholarships|
|IDRC Research Awards||UBC International Leader of Tomorrow Award|
|NSERC Postgraduate scholarships||UBC Graduate Scholarships|
|Vanier Canada Graduate Scholarships Program||University of Alberta International Scholarships|
|Non-Governmental Scholarships||University of Calgary International Scholarships|
|Anne Vallee Ecological Fund||University of Manitoba Graduate Fellowships|
|Trudeau Scholarships and Fellowships||University of Saskatchewan International Student Awards|
|Scholarships by Universities||University of Toronto Ontario Graduate Scholarship|
|Carleton University Awards for International Students||University of Waterloo International Funding|
|Concordia University International Undergraduate Award||Simon Fraser University Financial Aid and Awards|
|Dalhousie University Scholarships.||Western University International Admission Scholarship|
|Fairleigh Dickinson Scholarships for International Students||York University International Student Program|
|HEC Montréal BBA Entrance Scholarships|
If you are applying through SDS, you will have to invest in a GIC of 10000 CAD. If you are exhausted of all your options with the funds, International Students Loan in Canada is the way to go. Most provincial Loans are limited to Canadian students only. So if you are an international student looking to study in Canada and need an education loan, you might have to look for private providers.
Education Loans, along with scholarships are easiest ways to fund your studies while studying abroad, because they are meant for students, the repayment is flexible. The amount is high enough to pay for the fees, but the interest rates are lower. There are also some loans that have repayment option after the graduation.
Canadian Visa requirements for Indian students state that they should have at least 10,000 CAD in their accounts, over and above the money required for tuition. However, the cost of living varies according to location. Certain parts of Canada are significantly more expensive than others, with Vancouver maintaining its position as the most expensive Canadian city to live in. Quebec, on the other hand, has significantly lower prices.
Once you have received your Letter of Acceptance from the University in Canada, you are required to sort out your finances for the time you will be studying in Canada. Where to start counting? Here are all the details about Tuition fees for the Universities in Canada, Accommodation and living expenses information for a UG and PG student: How much does it Cost to Study in Canada for UG and PG courses
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