Canada offers the lowest tuition rates* for foreign students compared to the U.K., Australia, New Zealand and the US. Rates at U.S. public universities were almost 1/3 higher than fees for Bachelor’s degrees in Canada. Apart from academic costs Canada is also known for Low cost of living while offering quality life style.
Academic Costs
The average cost for a year’s fee can range from $5,000 to $18,000, which in most institutions is paid on registration day. The tuition covers two semesters, which equates to eight months of academic study. As well as tuition fees, you will also need to budget for living costs, rent, travel, course materials such as books, food, laundry, healthcare and social expenses. Remember to work these additional costs into your budget and try to be realistic. The Canadian immigration bodies and your chosen institution will require proof that you have sufficient funds to cover the costs of your tuition fees and living costs. Often your chosen institution will provide an estimate of yearly living costs for immigration, however if this is not done, immigration will need to see proof of $10,000 in your account (additional to the tuition fees) to cover living costs for the year.
Living Costs
The living expenses range from CDN $ 7,200-11,000 per year. The expenses are high in big cities like Montreal and Vancouver. Living costs vary depending on location and the lifestyle you adopt. Certain areas and provinces are more expensive; these tend to be larger cities and urban areas such as Montreal and Vancouver. Living costs you should include in your budget are accommodation, food, laundry, utility bills, clothing, social trips, traveling and entertainment costs. Not to forget health insurance on your list. Healthcare requirements for international students vary in each province.
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