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Cost Of Studying Masters In Canada

Having to study abroad and pay for tuition is a big task that students worry about. Moreover, having to think of other payments/costs to stay in Canada is another kettle of fish on its own.

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The cost of living in Canada and taking care of your needs as an international student is really tasking and mind-blowing. However, this article helps to ease the burden a little bit. This article will get you prepared for life in Canada and make you have a smooth ride in your educational endeavor.

This article is targeted at telling you how much should be sufficient enough to take you into Canada and help steady the ship before going out to get a job while working. It is interesting to know what you are to pay for while in Canada.

Such payments you will likely pay for includes;

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  • Tuition fees;
  • Cost of accommodation (if you do not have);
  • Health insurance.

Although, they might have other expenses these three are the ones you are likely to pay upon arrival.

Tuition Fees

These are compulsory fees the school requires you to pay. Some schools, however, will want you to pay once you receive your acceptance letter. Also, note that all tuition fees are not uniform as they vary from course to course. The universities as well do not charge the same amount. These vary from province to province.

There is an average amount students are expected to have for each course and they need to know of it.

  • Engineering – $17,213
  • IT & Computer Science – $15,015
  • Architecture – $23,130
  • Agricultural science – $13,428
  • Pharmarcy – $11,891
  • Denatal Science – $21,894
  • Social Science –  $14,283
  • Law – $16,695
  • Regular MBA – $36,623
  • Visual and Performing Arts – $13,636
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NOTE: The currency is in Canadian currency. Therefore, you need to place your country’s currency against the Canadian currency and know how much it will cost in your country. 

Accommodation

Living in Canada can be very expensive and students are always perturbed about this issue. Moreover, if you plan on traveling to Canada you have to have enough savings or at least someone you can stay with.

Hence, helps you to curb these particular expenses. In addition, when you go to study, you do not want issues as disturbing as an accommodation to come in the way of your studies. Therefore, it is really advisable to get this issue sorted out before embarking on your journey.

In any case, you should know the number of expenses you will make on accommodation once you arrive. This meanwhile goes to those who do not have any person to say with during their time in Canada. Typically, you are to have a minimum of $10000 per year in Canadian currency to afford your accommodation and take care of your expenses.

However, the price range varies depending on the location. That means people based in Vancouver, Toronto, or Quebec are likely to pay higher.

Health Insurance

Every student in Canada ought to have health insurance, this is an undebatable fact and must be gotten. Hence, once you get your acceptance letter you are likely going to pay for health insurance. Provinces like Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, and Saskatchewan cover international students under their provincial health care plans, but coverage generally depends on the length of your stay.

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In contrast, international students planning to study in Manitoba, Nova Scotia, Ontario, Prince Edward Island or Quebec must arrange for private health insurance.

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