Canada has long been a highly sought-after destination for Indian students seeking higher education. With its relatively affordable costs, picturesque campuses, vibrant city atmosphere, and close-knit campus communities, it offers an ideal environment for all-around student development.
In this blog, we will delve into the details of studying and living expenses in Canada for Indian students, providing a breakdown of the major costs associated with pursuing education in the Great White North.
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Expenses Breakdown for Indian Students
The cost of studying in Canada for international students primarily includes tuition fees charged by universities. The total expenses vary based on factors like course type, international reputation, and location. The average tuition fees in top Canadian universities can range up to CAD 35,000 (INR 18,84,000). Here's a breakdown of undergraduate and postgraduate tuition fees:
Average Cost: The average cost of pursuing a bachelor's degree in Canada across various disciplines is approximately CAD 30,000 (INR 16,15,000) per annum, with a range of CAD 12,000 (INR 6,46,000) to CAD 30,000 (INR 16,15,000).
Specialized Programs: Engineering and Medicine programs in Canada are slightly more expensive, with an average tuition fee of CAD 22,000 (INR 11,69,000). Humanities, Business, and Management courses range from CAD 5,500 (INR 2,96,000) to CAD 6,500 (INR 3,50,000).
Average Cost: Many students pursue postgraduate or master's degree programs in addition to undergraduate studies. The average tuition fee for postgraduate programs, including MBBS in Canada, is around CAD 18,000 (INR 9,54,000) per year.
MBA Programs: MBA programs, particularly Executive MBA courses, are more expensive. The average cost for an Executive MBA is CAD 57,000 (INR 30,31,000), while regular MBA programs cost approximately CAD 28,000 (INR 14,75,000).
University & College Application Fees
International students are required to pay application fees when applying to Canadian universities or colleges. While Canada is known for its affordable education, most institutes charge application fees ranging from CAD 50 to CAD 250. However, around 5% of Canadian institutions do not require an application fee, providing some relief to students. It's important to consider these application fees when planning to apply to multiple universities. If you’re having trouble submitting your application, talk to a study abroad consultant in Delhi.
Student Visa and Application Cost
Students applying to Canadian universities for academic or professional training require a Canadian study permit, especially for courses longer than six months. The student visa fees for Indian students amount to INR 8,542 (CAD 150). The application fees vary based on the student's nationality and the university they are applying to. Additionally, proof of funds is required, with a minimum bank balance of INR 6,00,000 or more for one year.
Apart from tuition fees and application costs, there are several other expenses that need to be considered while calculating the overall cost of studying and living in Canada. Let's explore these expenses in detail:
Flight Cost from India to Canada
International students must factor in the cost of flight tickets when planning to study abroad. Direct flights from India to Canada, provided by airlines like Air India, IndiGo, Vistara, SpiceJet, and GoAir, range between INR 1,00,000 and INR 2,00,000, depending on the season. Prices may be higher if traveling between August and September.
Accommodation expenses are a significant part of the cost of living in Canada. While several universities offer on-campus residences, students also have the option to live off-campus. The cost of accommodation varies based on room types and location, ranging from around CAD 5,000 (INR 2,67,000) to CAD 10,000 (INR 5,39,000) per year. Metropolitan cities like Toronto and Montreal tend to have higher accommodation costs compared to other cities.
Travel expenses within Canada, whether for short or long distances, can be expensive. Many students opt for subways, trains, and buses, with an average monthly cost ranging between CAD 80 (INR 4,300) and CAD 110 (INR 6,000).
Health and Insurance Cost
Medical insurance is an essential component of the overall cost of studying in Canada. Students must obtain medical insurance before commencing their programs. Depending on the chosen policy, the annual cost can range from CAD 300 (INR 17,000) to CAD 800 (INR 44,000).
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Scholarships for Studying in Canada 2023
Various study abroad scholarships for Indian students are available in Canada - that help reduce the overall expenses. These scholarships are based on merit, academic excellence, or specific skills. Students should carefully review the eligibility criteria for each scholarship and apply accordingly. Some prominent scholarships for Indian students in Canada include the Vanier Canada Graduate Scholarships, Ontario Graduate Scholarship, Lester B. Pearson International Scholarship Program, President's Scholarship for World Leaders, International Leader of Tomorrow Award, and many others.
Part-Time Jobs in Canada
International students with valid study or work permits can explore various part-time job opportunities. To work while studying in Canada - students must be enrolled full-time in a Canadian university and studying a professional, vocational, or academic course that lasts longer than six months. Part-time jobs can serve as a means to cover daily living expenses in Canada.
What more! From November 15, 2022, until December 31, 2023, international students who are in Canada and who have off-campus work authorization on their study permit will not be restricted by the 20-hour-per-week rule.
Studying in Canada provides an enriching educational experience, and understanding the associated costs is crucial for international students, particularly those from India. While expenses may vary based on personal choices and preferences, Canada's affordability, combined with its renowned universities and welcoming environment, makes it an excellent destination for Indian students seeking higher education.