Cost Of Studying Masters In Canada

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Studying abroad and paying tuition is a big task that students think about. In addition, other payments/costs of living in Canada are a whole other matter in themselves.

The cost of living in Canada and covering living expenses as an international student is a real task and a real challenge. However, this article will help ease the burden a bit. This article will prepare you for life in Canada and ensure that you have a smooth flow of your studies.

This article aims to let you know how much should be enough to get you to Canada and steady the ship before you head off to find a job while you work. It is interesting to know what you will have to pay for while in Canada.

Some of the payments you are likely to make include;

Tuition fees;

  • Accommodation costs (if you don’t have one);
  • Health insurance.
  • Although there may be other expenses, these are the three you are likely to pay when you arrive.

Tuition Fees

These are mandatory fees that the school requires you to pay. However, some schools require you to pay the fees as soon as you receive your acceptance letter. Also note that tuition fees are not uniform as they vary from course to course. Universities also do not charge the same amount. They vary from province to province.

There is an average amount that students need to pay for each course and they should be aware of it.

  • Engineering – $17,213
  • IT and computer science – $15,015
  • Architecture – $23,130
  • Agricultural Sciences – $13,428
  • Pharmacy – $11,891
  • Denatal sciences – $21,894
  • Social sciences – $14,283
  • Law – $16,695
  • Regular MBA – $36,623
  • Fine and Performing Arts – $13,636

NOTE: The currency is in Canadian currency. Therefore, you will need to compare your country’s currency to Canadian currency to know how much it will cost in your country.

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Accommodation

Living in Canada can be very expensive, and students are always concerned about this issue. If you are planning a trip to Canada, you also need to have enough savings or at least have someone to stay with.

This will help you contain those particular expenses. Also, if you want to study, you don’t want such annoying things as accommodation to get in the way of your studies. Therefore, it is really advisable to sort out this issue before you start your trip.

In any case, you should know how much you will be spending on accommodation when you arrive. This is especially true for those who do not have anyone to stay with during their stay in Canada. As a general rule, you should have at least $10000 per year in Canadian currency to afford your accommodation and meet your expenses.

However, the price range varies by location. If you live in Vancouver, Toronto or Quebec, you will probably have to pay more.

Health Insurance

Every student in Canada should have health insurance, it is an undeniable fact that you must have. Once you receive your admission letter, you will probably have to pay for health insurance. In provinces such as Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, and Saskatchewan, international students are covered under their provincial health insurance plans, but coverage generally depends on the length of your stay.

In contrast, international students who wish to study in Manitoba, Nova Scotia, Ontario, Prince Edward Island or Quebec must purchase private health insurance.

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