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:
How much does it cost to study in Canada?
Deadlines to note
Visa & Study Permit Application
Pre-departure Plan
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.
Commentaires