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July 11, 2021

Cost of Studying in Canada

The tuition expenses and the budgetary preparation are the first things we think about when we plan to study outside our home country.

But when it comes to studying in Canada, you don’t have to worry much about it. Its cost-effective study options, quality education, and multi-cultural cities make Canada popular as the most student-oriented country. An international student has to spend up to CAD 38,000-39,000 a year while studying and living in Canada. For an undergraduate degree program, the tuition fee ranges from CAD 10,000-22,000 per annum. If we add the costs of housing, clothing, books, and transportation, it ends up with an average of about CAD 12,000 as annual living expenses.

Study Program Approximate tuition fees in CAD Approximate tuition fees in INR
Diploma and certificate programs 11,000 to 16,000 / Year 6,27,000 to 9,21,000 / Year
Bachelor’s degree programs 10,000 to 22,000 / Year 5,70,000 to 12,54,000 / Year
Master’s degree programs 18,000 to 30,000 / Year 10,26,000 to 17,10,000 / Year

Conversion Rate 1 CAD = 57 INR/- as of December 2020

Health insurance:

As a responsible and accountable educational consultant, we feel we must inform you that international students must be protected by medical insurance in Canada. International students obtain varying medical services across Canada in relation to the province.

In some of Canada’s provinces, international students are provided with medical care. Alberta, British Columbia, Manitoba, Newfoundland and Labrador, and Saskatchewan protect international students’ compliance with their provincial health plans. However, if you are in a province that does not offer medical cover, there is always an option of institute’s insurance plan or to choose from other private insurance.

Nevertheless, private healthcare insurance rates in Canada are significantly low when compared to the USA. This reduces the total financial burden on international students and encourages them to opt for health insurance.