This guide outlines the cost of fees, accommodation, lifestyle and financial assistance options if you are planning to study in Canada

How much does it cost to study in Canada? If you are interested in studying in Canada, one of the most important things to consider is how much everything is going to cost. This essential guide breaks down the cost of every aspect of university life to ensure that you have everything covered.

Note that prices and exchange rates are correct at the time of publication and may vary from those shown here.

Tuition fees

Each university in Canada chooses how much it will charge its students for tuition and this depends on the program, the student’s home country, the province, and the degree level.

In 2017, the average Canadian citizen studying in Canada paid $6,571 or £3,880 (all figures noted are in Canadian dollars) at the undergraduate level and $6,907 (£4,078) per year for a graduate degree.

International students pay significantly more than Canadian citizens, although it is still less than they would pay in other Anglophone countries such as the UK, the USA, or Australia – the 2017/18 average was $25,180 (£14,866) per year.

Engineering and medicine usually cost more for international students (averaging at $28,625 or £16,906 per year) while arts and humanities programs are well below that. Business and management courses cost less than the national average, at around $24,683 (£14,573) per year.

Postgraduate degrees, otherwise known as “grad” programs, vary in length between a year and three years’ full-time study. A postgraduate degree will cost between $4,000 and $6,000 (£2,500-3,600) per year, although some can cost as much as $22,485 (£15,000) annually.

Canadian students can expect to graduate with $27,000 (£15,920) debt based on a three-year program. International students who graduate from a Canadian university can expect to carry a debt burden of $75,540 or £44,538 (although some courses last for four years, in which case it will be more).

Accommodation costs

There are several options when it comes to student accommodation in Canada. These are either a homestay (where students live in a lodging in their university town), university accommodation, or private accommodation and these vary in cost. The average cost could be about $6,000 (£3,537) per year.

Some homestay services charge an initial placement fee of $200 (£117) and the average cost per month is then $400-800 (£235-471). The average cost of a university residence or dormitory is $3,000-7,500 per year (£1,769-4,422) and offers campus dining meal plans. Private shared accommodation is around $250-700 (£147-413) per month or $8,400 (£4,953) per year. This varies though based on the province.

Other essential student costs

Under Canadian student visa requirements, you are required to have at least $10,000 (or $11,000 if you are studying in Quebec) surplus to your tuition fees, although your budget will need to be far greater than this to cover your living expenses.

The University of Montreal estimates that students will need a total of $15,050 (£8,873) per year to cover housing, books and course supplies, phone bills, and other expenses. The University of British Columbia puts the figure at $15,500 (£9,139). Vancouver is the most expensive city in Canada to live in, particularly on rental costs. Cities in Quebec are some of the cheapest to live in.

A vital cost to factor in is the compulsory health insurance, which costs about $600-800 (£354-472) per year. Medical coverage varies from province to province; Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, and Saskatchewan cover international students under provincial healthcare plans but that depends on the length of your stay. International students planning to study in Nova Scotia, Quebec, Ontario, or Prince Edward Island must arrange their private health insurance.

You should consider investing in warm winter wear to live in Canada, as temperatures can drop to as low as -40°C. Approximately $150 (£88.44) per month should cover your basic utilities, such as electricity, heating, water, and the council bills. The Internet is about $150 per month (split between the tenants).

Approximately $600 (£354) should cover all books necessary for an average academic year and a mobile phone package is about $30 per month.

One-way public transport fares typically cost a few Canadian dollars and monthly passes are between $80-100 (£47-59), although many transport systems offer student discounts. Taxis are a common form of transport in Canada and cost between $2 and $6 per kilometer (£1.18-3.54). The average amount spent on fuel by car-owning students in Canada in 2017 was $200 per month (£117.92), or $2,400 per year (£1,415).

Lifestyle

The average weekly food shop is $50 (£29.48), with a loaf of bread costing around $2.76 (£1.63). A meal in a restaurant in Canada weighs in at about $15 per person (£8.84) and a cinema ticket is $12.99 (£7.66).

A pint of beer at a bar is $6-6.50 (£3.54-3.83) and a bottle of mid-range wine is $15 (£8.84), with a Big Mac costing $5.97 (£3.52). A monthly gym membership weighs in at around $48 (£28.30). An average night out can cost between $45 (in Halifax) and $75 (in Toronto).

What financial support is available

To adhere to Canada’s Citizenship and Immigration regulations, students must prove they have enough money to meet their financial needs while studying in Canada before beginning their course. There are scholarships, grants, and bursaries available for international students at both undergraduate and postgraduate levels – as long as they can prove the above.

It’s important to begin researching these options early, as scholarship funding is highly competitive and in limited supply. Scholarships might be for sporting or academic achievement or particular prowess in one subject. There are also university-specific scholarships that can be found on the institution’s websites, but it’s also worth researching study abroad scholarship opportunities offered by your home country’s organizations.

The Canadian Commonwealth Scholarship Program provides funding for students of other Commonwealth countries. The Canadian Information Centre for International Credentials site is useful too.

Many businesses, shops, and restaurants offer discounted student rates with proof of course enrolment (student card or a student discount card). Reductions vary from 10-50 percent, meaning students can live on a budget and still enjoy their time in Canada. AirCanada also offers reduced airfares for students.

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