What is the Cost of Studying in Canada for International Students?
Canada is typically one of the top study abroad destinations selected by international students. Compared to other affluent countries, the cost of living and education in this country is quite inexpensive. With numerous prestigious universities offering the greatest degrees for overseas students to choose from, it is one of the safest and most livable nations.
The best thing is that education costs can be somewhat lower than in other major countries. Let’s look at the price tag on your higher education in Canada.
Pre-Arrival Cost
Language Proficiency and Subject Tests
Whatever Canadian university or programme you decide to enrol in for higher education, you will need to pass either an English Language Proficiency Test depending on the demands of your university and programme. The approximate cost of taking a typical test is as follows: IELTS , TOEFL, PTE, GRE General, GRE Subject, GMAT
Cost Involved in Application process
Your scorecard will be required to begin the application process at each university or college you apply to. Each institute levies an application fee based on the programme you are applying for. The application processing fee may be between 2900 and 11000 Indian rupees.
Application Fees and Document Charges
International students must request Quebec and Canadian government authorisation depending on the length of their studies. You must here pay an application cost of roughly 7000 Indian rupees.
Cost of Study Permit
You must submit an application for a study permit before travelling abroad for academic purposes. The application for a study permit of Canada will cost INR 9000, and INR 4500 will be added for the biometrics.
Cost of Medical Test
You must also undergo a medical examination before leaving the country to pursue your studies abroad. You cannot, however, have the tests done in the clinic of your choice. The Canadian immigration authorities have only chosen one of the empanelled doctors, and you are limited to using that doctor. The cost of any tests and treatments will be added to your medical expenses.
Post-Arrival Cost
After you arrive at your study destination in Canada, you will need to take care of a few expenses to ensure a seamless transition into student life.
Cost of Tuition
This is the biggest expense you will have to make for any study programme, costing between 12 and 15 lakh rupees annually. Keep in mind that a portion of the tuition fee must be paid at the time of admission, with the remaining balance being paid while you are enrolled in classes in Canada. However, this cost can be reduced if you are given a scholarship in Canada. We advise you to investigate your eligibility for scholarships and any available ones in order to lower your tuition fees.
Cost of Living
In addition to figuring out your tuition costs, it’s critical to include the cost of living in Canada. You should be aware of the costs included in the cost of living; we have divided the primary costs for you.
Accommodation
You have a variety of lodging options from which to select, so you may choose where to stay based on your budget.
Living on Campus
You have the option of living on campus or in the neighbourhood. Shelves, a desk, and a bed will be in the apartment you will discover. You can further reduce costs by finding a roommate, in addition to saving money by living on campus. The annual cost of living on a Canadian university campus will be between INR 1,60,000 and INR 4,50,000.
Private Housing
In order to move in, you must pay a certain amount of money in advance if you want to live off campus. This will include a security deposit as required by the landlord and a two-month advance payment. Additionally, you will need to make arrangements for your own Wi-Fi, kitchenware, power, furniture, etc., all of which might cost up to INR 4,50,000 per year, including rent.
Food
You will spend about INR 17,000 per month on food.
Transport
Even if you live on campus, you will occasionally need to go for shopping, entertainment, etc., and if you live farther from the campus, you will need to commute to your institute. The monthly cost of travel will be between INR 4,500 and INR 14,000 on average.
Health Insurance
The regulations governing health insurance in Canada are broken down by the provinces you reside in. In Canada, obtaining health insurance that offers round-the-clock medical support is a must for students. Although the price varies depending on your location, you should expect to pay between INR 33,000 and INR 50,000.
Phone & Internet
Wi-Fi connectivity in your flat, which can cost up to INR 3,000 per month, is a must no matter where you reside, especially if you’re a student.
In order to help you prepare, we have just provided you with an outline of the cost of studying in Canada. But don’t let these financial details stop you from pursuing your study abroad goals. The same can be paid for using overseas student loans, or you can shorten it a little by receiving scholarships, as was previously mentioned.
Good luck with this investment because it promises you many-fold returns and a variety of international job opportunities.
