Cost Of Studying In Canada
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What Is The Cost Of Studying In Canada?
Studying abroad can be expensive, but Canada is one place where you can get a high-quality education for less money than you would in many other countries. However, in addition to your tuition charge, make sure to consider in expenses such as health insurance, housing, food, and travel when estimating the expected cost of studying in Canada. This will help you arrange your budget more successfully.
Tuition Fees
The amount you pay in tuition fees is decided by the type of degree you pursue and the institution you attend. To cover this, you'll need between CAD 13,000 and CAD 35,000 per year.
Humanities, education, and the arts are generally less expensive, but medicine and engineering are more likely to be costly. Tuition for postgraduate studies is normally more expensive, and the costs vary depending on the programme. MBA programmes in the United States, like those in most other countries, are often the most expensive. On average, these programmes cost between CAD 30,000 and 42,000.
- Undergraduate Program $13,000 to $20,000
- Postgraduate Master's Degree $17,000 to $25,000
- Doctoral Degree $7,000 to $15,000
- Master Of Business Administration $30,000 to $40,000
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Living Expenses
You should set aside money for social gatherings, grocery shopping, and unanticipated costs. As a student living in a foreign country, it is preferable to keep track of your spending so that you do not overspend. A single student budget in Canada is approximately CAD 15,000 when various expenses and living costs are taken into account (indicative). When making your budget, don't forget to include in the following expenses:
As an Indian student, you'd be calling your friends and family frequently. As a result, set aside money in your budget for phone bills and data usage. To stay connected with your loved ones while staying within your monthly budget, look for cost-effective calling plans and student discounts. You can choose a phone plan that meets your needs, however the average monthly cost is around CAD 20.
The cost of textbooks can add up quickly. Books for engineering courses, for example, might cost anywhere between CAD 250 and CAD 350. The value of courses like law, medicine, and pharmacy can be even higher. You may keep this within your budget by purchasing used books, purchasing digital versions, or even enrolling in a library membership.
Laundry, toiletries, clothing, dining out, and other daily expenses will be part of your budget. This hugely depends on the type of lifestyle you select.
Accommodation Costs
Most Canadian universities provide on-campus housing for international students. You can also choose off-campus housing, where you will share an apartment with other Indian students. On-campus housing can cost anywhere from CAD 8,000 to CAD 10,000 per year, whereas a shared apartment might cost anywhere from CAD 400 to CAD 700 per month, depending on your location and the time of year. Keep in mind that rental prices differ from city to city.
A homestay, in which you stay with a host family in Canada, is another alternative. In exchange for meals and a room, you will have to pay a placement charge of CAD 200 and a monthly fee of CAD 750 - 950. You will, however, be able to participate in local activities with the host and gain a deeper understanding of the culture.
Grad-Dreams can assist you in realizing your dream of studying in Canada. Our structured approach simplifies the entire process, starting from selecting the most suitable courses and universities to providing meticulous support throughout the application journey. We offer personalized guidance, ensuring that each student receives tailored advice and assistance, including documentation support (we especially prioritize helping you to make compelling SOP, Essays, and LOR), financial planning, and visa guidance. Additionally, we extend our services to include education loan assistance, easing financial barriers that students may face. What sets us apart is our track record of success – many of our students have received scholarships, further facilitating their academic pursuits in Canada. With Grad-Dreams, you not only gain access to exceptional educational opportunities but also benefit from our proven expertise and support network every step of the way. The testimonials we receive from our students not only emphasize their success stories but also give us immense pride and satisfaction about the work we do.
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UNIVERSITY OF WINDSOR
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LAKEHEAD UNIVERSITY
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UNIVERSITY OF GUELPH
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NIAGARA COLLEGE
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