Education abroad is a fantasy for numerous understudies in India and Canada is one among the main decisions. With a good education system, colored population and an encouraging environment for learning, Canada equally has many international students that enroll in their educational institutions each year. However, one of the most pressing questions for Indian students considering this opportunity is: In This blog will help to explain the costs you must be prepared to pay for your study in Canada and ensure you understand all the costs involved.
1. Tuition Fees:
Fees of tuition are the greatest cost to any learner experiencing the international study program. Tuition fees also highly depend on the program and the type of institution in the case of Canada. Currently, an Indian student studying in Canada can afford to pay anything between CAD 7000 – CAD 29000 per year.
Undergraduate Programs: These are usually between CAD 7000 and CAD 29000 per annum. Also, it was noted that universities in Ontario and British Columbia charge more than those in provinces with less population.
Graduate Programs: Master’s degree tuition fees can be as low as CAD 15,000 and as high as CAD 50,000 depending on the program and the university.
It is always important to check on the cost and fee structure for each program since they slightly differ.
2. Living Expenses:
Accommodation rates are also taken into consideration as they are part of the costs which are incurred while studying in Canada. Such costs include those arising from the particular city in which one lives, the lifestyle chosen, and the kind of accommodation. Currently, an Indian student should set aside CAD 10, 000-15, 000 per year for his or her living expenses.
Accommodation: Where one decides to live, whether it is in the main campus or in some other apartments outside the college determines one’s expenditure. Living on-campus can be as cheap as $3,000 and as expensive as $7,500 a year, as for the living off-campus depend on the region and the services provided, that can be reached as low as $9,500, but can also be higher than $27,500.
Food and Utilities: Some groceries and kitchen necessities cost about CAD 200 to CAD 400 depending on the food preferences of the trainees. Overhead costs such as utilities like electricity, heating, internet, etc can amount to anything between 100 CADs up to 200 CADs monthly.
Transportation: In all big cities of Canada, the public transport convenient is good. The price of monthly transit passes ranges from CAD 80 to CAD 120.
3. Health Insurance:
Healthcare for international students in Canada is not provided by government-free services. Therefore, health insurance acquisition is very important. Health insurance costs vary across the provinces of Canada but normally cost between CAD 600 to CAD 1200 per annum.
Provincial Health Coverage: For instance, some provinces such as Ontario and British Columbia provide health care services to international students on condition that the students wait for sometime without paying for the service. However, students should have private insurance during this waiting period.
4. Miscellaneous Expenses:
There are also other expenses which are necessary to consider. This can include:
Books and Supplies: Students in general spend between CAD 500 to CAD 1,500 a year on books and other learning materials.
Personal Expenses: And so, it contains entertainment, clothing, and all other personal effects.
5. Total Estimated Cost:
In conclusion, it is worth to underline that overall expenditure of the educational process in Canada for Indian candidates can depend on several conditions. A rough estimate would be:
Undergraduate Degree: It ranges between CAD 20,000 and CAD 50,000 per year for tuition, accommodation/meal expenses, health insurance, and other incidental expenses.
Postgraduate Degree: From CAD 25,000 to CAD 70,000 per year.
These estimates act as proof of the need for one to draw a reasonable financial plan especially before one can start thinking about studying in Canada.
6. Scholarships and Financial Aid:
International students have several opportunities to get scholarships and grants in the Canadian campuses of universities. Information on available scholarships can go a long way in helping you to minimize your overall cost of studying in Canada as an Indian student.
University-Specific Scholarships: Specified universities may give learners scholarships based on their performance while other universities may offer scholarships based on the financial needs of the learners.
Government Scholarships: The government of Canada and some organizations run scholarships exclusively for Indian students.
7. Working While Studying:
Another avenue through which one can manage their finances is through doing a working while studying. Many of these international students are allowed to work up to 20 hours in a week while the academic sessions are in progress, and full-time during other vacations.
Part-Time Jobs: Amy pointed out that, when searching for a part time job, an individual is in a position to take care of the living expenses and sometimes tuition fees. There are a number of employment schemes with the opportunity for working in a number of industries such as in retail stores, restaurants and those within or related to a university campus.
Co-op Programs: Several fields of study include co-op positions, and help students acquire useful work experience and wages at the same time.
8. In The End:
In conclusion, the total cost of studying in Canada for Indian students, for instance tuition fees, expenditures such as accommodation, health insurance costs and other miscellaneous costs. Though the cost of studying in Canada may lean on the higher side, having quality education and the prospects in the job market makes it worthwhile.
It is imperative to know these costs and make the necessary preparations to enable you to prepare well for your study abroad program. Make sure to look for scholars to help in easing some of the costs and also to search for jobs.
When planning to study in Canada, Indian students should take their time while planning on a budget to make their stay in this beautiful country fruitful.
People and friends who took their time to understand the total cost and prepare in advance can approach the journey towards Canada with full confidence. For further help & assistance related to study plans, or immigration services, you can always contact FLY HIGH ABROAD INDIA. With us, you’ll have someone to hold your hand throughout the whole process.
