Cost to study in Canada
According to the latest statistics, Canada has been one of the highly ranked study destinations for students across the globe. From 2015 to 2018, the number of registered students increased significantly at all levels, with college attendance increasing the most. One of the primary reasons for this is the economical education provided in the country.
The number of students enrolled in postsecondary education in Canada exceeded 2.18 million.
Comparatively speaking to other nations, Canada has affordable educational options.
In Canada, the average cost of tuition is between 20,000 and 30,000 CAD per year.
How much money I need to have is a crucial concern that every student who wants to study in Canada faces. or how much does education in Canada cost? or How much does a student visa to Canada cost? In this article, we'll respond to each of those queries.
Canada – Cost of attendance
The price varies depending on the curriculum and college the student chooses.
Accommodation costs
International students have access to on-campus housing at the majority of Canadian universities. You can also choose off-campus housing, where you'll live in apartments with other Indian students. While living in a shared apartment can cost anywhere between CAD 400 and CAD 700 per month, depending on your location and the time of year, the cost of on-campus housing can range from CAD 8,000 to CAD 10,000 (annually). Do not forget that rental prices vary from city to city.
A different choice is a homestay, in which you reside with a Canadian host family. You will be required to pay a placement fee of CAD 200 and a monthly charge of CAD 750–950 in exchange for food and housing in this. However, you'll be able to engage in regional activities with the host and gain a thorough understanding of the culture.
A different choice is to stay with a Canadian host family through a homestay programme. In exchange for meals and housing, you will need to pay a placement fee of CAD 200 and a monthly charge of CAD 750–950. The host will allow you to join in on local events though, so you can get a close-up look at the culture.
Visa Fees
Another vital aspect of studying in Canada is a valid student visa. The overall visa application fee is CAD 150.
Indian students are eligible for the fast-track application if they can pay GIC (Guaranteed Investment Certificate). It means that you have to invest an amount of CAD10,000 or, as stipulated by IRCC (Immigration Refugee Citizenship Canada). So, add GIC into your tuition fees because express entry is the best pathway to a student visa but tends to be complex and riskier.
Also, the best part of GIC is that it can be reclaimed once you reach Canada. Different banks can provide GIC certificates, and ICICI bank’s program allows you to get your investment fund in your savings to account after in-person verification in Canada
MSM Unify provides the information you need so you can learn more about Study in Canada – Tuition Fees, Visa Fees, and More
