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Study in Canada Part 4: How much does it cost?

Studying abroad is significantly more expensive than studying in your home country. As you do your research for your courses from Part 2 and Part 3, you should also take note of the cost for studying at each school. It is always better to prepare more funds than to realize that you do not have enough when you get here. Many school websites provide an estimate of your first-year costs. Print and keep those estimates as you do your research.

"A budget isn't about restricting what you can spend. It gives you permission to spend without guilt or regret." Dave Ramsey

Take note of the following as you do your school and course research

  • Education Costs

    • Tuition fees

    • Additional fees required by school/course

    • Course Materials

  • Living Costs

    • Accommodation

    • Utilities

    • Technology

    • Food

    • Health Insurance

    • Transportation

    • Personal Expenses

    • Entertainment

    • Travel

  • Return Flight(s) to Canada

  • Study Permit application

Below are 2 examples of the breakdown of your first-year cost. Please note that first year costs are generally higher than subsequent years since you need to set up your new home in Canada.

Example 1:

A first-year student studying Computer Science in Vancouver staying in a single room on campus.

Example 2:

A first-year student studying Commerce in Vancouver staying off campus.

Tuition fee is the most significant part of the cost. It ranges from CAD$20,000 to CAD$70,000 depending on the school and course you choose. Living costs depends on your lifestyle choices, staying on campus or off campus, food, personal expenses, entertainment and travel budget. We recommend that you budget at least CAD$50,000 per year for your studies in Canada.

For those who just started reading our 8-part Study in Canada blog, here is the list of topics that we are covering:

  1. Top 5 reasons to Study in Canada

  2. Where do you start?

  3. How to find the right course/school in Canada?

  4. How much does it cost to study in Canada?

  5. Deadlines to note

  6. Visa & Study Permit Application

  7. Pre-departure Plan

  8. Post Arrival Plan

Follow us facebook, twitter or instagram to be notified when we released on our next blog on “Study in Canada – Part 4 – How much does it cost to study in Canada?”. Please feel free to comment or chat with us if you are already planning to come to Canada and would like to engage our assistance on any part of the process.


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