Expense Vs Earnings
Cost of Studying in Canada
Undoubtedly, you need a huge amount of money to study overseas, however, Canada is considered an affordable option as compared to the counterparts (like the US and UK). Below is given a summary of the cost associated to study in Canada.
|Type of Expense||Cost (INR)|
|Language proficiency exam (IELTS/TOEFL)||14000 (approx.)|
|Tuition fees||8,00,000 to 16,00000 or more (depends on the university)|
|Living Expense||5,50,000 (approx.)|
|Study permit application fees + Biometric fee||14000 (approx.)|
|Medical examination||6000 (approx.)|
In addition to the above costs, you are required to manage other expenses such as health insurance, flight tickets, etc. Hence, the total cost to study in can be assumed to be around 14 lakhs to 30 lakhs.
The tuition fees largely depend on the type of qualification you pursue and the institution you choose. The general tuition fees to study in a Canadian institute/university lies between CAD 13,000 and CAD 35,000 per year.
The cost may also vary depending on your selected course and the level of your desired qualification. The average costs for the same can be seen as under
|Study program||Approximate fees (annual)|
|Undergraduate||$13,000 to $20,000|
|Postgraduate master’s degree||$17,000 to $25,000|
|Doctoral degree||$7,000 to $15,000|
|MBA||$30,000 to $40,000|
The list of other important expenses and their average annual cost can be seen in the below table
|Expense type||Approximate annual cost|
|Entertainment and clothes||$960|
Cost of Living in Canada
The cost of living is an important factor making Canada an ideal place to study abroad. Canada’s cost of living is significantly lower than the other options such as UK and USA. However, slight differences in the incomes, as well as expenses, can be observed based on the city, province and industry sector you choose. For example, Ottawa can be seen as the most economical place to live in Canada whereas Toronto is the most high-priced option.
Depending on their eligibility, many international students have the privilege to work part-time (up to 20 hours per week) while they study in Canada. The main industries offering part-time work to international students include
- Food service
- Sales and telemarketing
The employment experience you gain this way holds great importance while you apply for Canada PR. Also, the earnings you make can support you to manage your living expenses in the country. While working part-time, the students are paid on the basis of hours. Although the salary varies from city to city and the job role you choose, the average hourly rate for almost all job roles is around $10. The approximate part-time work salary for different job roles can be seen in the below table
|Job role||Expected salary per hour (in CAD)|
|Customer service representative||14|
Work Rights for International Students
An excellent benefit of choosing Canada to study abroad is – the Canadian government gives international students the freedom to work (part-time) during their studies. The cash earned from the part-time employment serves as a great help to manage livelihood and other obvious expenses while studying in Canada. The allowed work duration is 20 hours per week that can be extended during holidays and breaks.