Education Cost?
Canada is the world’s most educated country, with over half of its residents being college graduates. As per Organization for Economic Co-operation and Development (OECD), Canada is amongst the Top 3 countries in the world, in terms of spending per capita for public post-secondary education.
Study in Canada for Indian students, is economical when compared to the counterparts in competing countries and at the same time, excellent educational quality is maintained.
However, as the fees are more affordable, admissions are more competitive. Over the last three years, Canada's inflation rate has remained one of the lowest in the industrialized world.
Tuition Fees:
Program Tuition Fees (Approx.)/Year in CAD In Indian Rs. /Year
• Diploma & Certificate Program 13,000 - 16,000 7,80,000 - 9,70,000
• Bachelors Program 13,000 - 18,000 7,80,000 - 10,90,000
• Masters Program 17,000 - 25,000 10,20,000 - 15,00,000
• Conversion Rate C$1 = Rs 60 to 63
Living Expenses:
Types of Accommodation Living costs & expenses(Approx.)/month in CAD In Indian Rs/Month
• Residency/Dormitory 350 - 515 per month 21,000 - 33,445
Off campus Rental housing:
• 350 - 700 per month (shared apartment) 21,000 - 44,100
• 500 - 1200 per month(single apartment) 30,000 - 75,600
• Homestay 550 - 800 per month 33,000 - 50,400
• Conversion Rate C$1 = Rs 60 to 63
Types of Accommodation
Residence / Dormitory
Many institutions have accommodation conveniently located on or near their campuses. Many residences have a shared kitchen, toilets and other facilities. There is usually an option of having either a shared or private room. Dormitories are usually separated by gender. In some cases, the meal plan can be included in the cost of the room.
Off campus Rental Housing
Renting is another option open to students when they decide to study in Canada. Many students share accommodation to keep costs down and usually find places that meet their needs & preferences. Many institutes offer an off-campus housing service which can provide a list of affordable accommodation near the campus.
Homestay
Many Canadian families welcome international students. Homestays also offer a more stable & secure environment for younger people coming to study in Canada. Typically, a homestay consists of a Canadian family hosting a student in their home while the student attends classes in Canada. Meals are provided in homestay but are not compulsory. Homestays are arranged by schools & students are matched with families who share similar interests.
Health Insurance
As Canada education consultants, we bring it to your notice that in Canada it is compulsory for an international student to have medical insurance. The medical coverage provided to international students varies throughout Canada with respect to the province. The provinces of Alberta, British Columbia, Manitoba, Newfoundland and Labrador, and Saskatchewan cover international students under their provincial health care plans, but coverage generally depends on the length of your stay.
For any specific information or accuracy with respect to personal expenses please contact Edwise counselors.