How much expensive to study in Canada | Cost of Studing | Cost of Living | Let's have a review.
Study in Canada is one of the most wanted plans of those who are willing to pursue higher studies. Budget to study in Canada is comparatively cheaper than other standard countries like the UK and USA. There are lots of prestigious universities in Canada having universal standard educational environments. Number of international students is increasing day by day in Canada. India is a country from where about 50% students are shifting to study in Canada each year. Weather, cities, atmosphere and budget are the most impressive key factors for Indian students.
Cost of Studying in Canada
Total cost in Canada depends on various factors like your selected program, institute, city, accommodation etc. A big part of your cost is the tuition fee and that can vary for different universities. Tuition fees of some better universities in Canada can be up to INR 20,00,000. If your budget does not permit you to study in Canada then you could find the scholarships, if you are eligible to obtain it.
Average Tuition Fees per annum
INR 3,00,000 – 3,50,000
Cost of Living in Canada
Living Costs in Canada
Cost of Bachelor's Courses
The cost of studying a bachelor’s degree in Canada across various universities is approximately INR 16,50,000 annually. Engineering and Medicine programs in Canada are a bit higher and more expensive. Other courses like Business Management, Humanities range from INR 3,00,000 toINR 3,50,000.
Cost of Master's Courses
Most of the students from India are willing to study higher degrees li ke masters, MBA and MBBS. For MBBS the tuition fees around INR 10,00,000 annually. Courses like Executive MBA is expensive here. The cost of executive MBA is around INR30,00,000 and the tuition fees of regular MBA is INR 15,00,000.
Cost of Accommodation
Accommodation cost is one of the big parts of total expense. It differs from city to city and your luxurious preference. Most of the universities provide on-campus accommodation where you can reduce your expenses. On an average the cost range is INR 3,50,000 – 5,50,000 annually. Few cities are highest paying like Toronto, Montreal etc. compared to others. To reduce the cost of accommodation you could like shared apartment.
Cost of Travelling in Canada
Since the travel expenses in Canada are high, students should prefer public transport like buses, trains etc. The average cost of traveling is between INR 50,000 annually.
Cost of Health Insurance
Medical insurance is mandatory for international students at the time of commencement for any program. Various policies are there, the average range of insurance cost is INR 15,000 – 50,000 annually.
Student Visa and Application Costs
A study permit is required to pursue any course in Canada that is more than 6 months. The cost of student visa fees is INR 8,500. Application fees vary depending on various factors, required documents like letter of admission, proof of funds, bank balance are needed to apply for Canadian students visa and the amount INR 6,00,000.