Canada’s college fee structures are important to understand before you make a decision to study in Canada. College fees in Canada’s universities are much lower compared to the universities in Australia, the USA, or the UK. But, the trend in recent years has been shifting. One of the most popular study-abroad destinations, Canada has fast emerged as an alternative to other expensive destinations like the US. Canada boasts of being home to some of the most prestigious universities, like McGill University, the ‘Harvard of Canada’ the University of Toronto, University of British Columbia.
Students need to know some helpful information regarding the fee structure in Canada’s universities, the living costs of students, and scholarship opportunities.
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Most Affordable College Fees In Canada
The tuition fee depends on a lot of factors like the city, university, and course – for example, the universities in Newfoundland offer the lowest tuition fees, while the ones in Ontario are more expensive.
Different MS programmes also have different fees. Canadian universities offer an array of options, including MS in Business Analytics, Computer Science, Engineering, Medicine, etc.
To know about scholarships in Canada, read here.
So, what is the range of MS programme fees in Canadian universities? Which university is the most affordable in ‘The Great White North’?
Let’s find out!
Canada College Fees Range: University-Wise
| University | Program Fees (in Canadian dollars/Year) |
|---|---|
| University of Regina | $1,715-20,050 |
| Memorial University of Newfoundland | $2,150-11,460 |
| Royal Roads University | $3,750-27,600 |
| University of Saskatchewan | $4,110-24,000 |
| Athabasca University | $1,625-17,250 |
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Prestigious Universities in Canada & their Programme Fees
| University | Program Fees (in Canadian dollars/Year) |
|---|---|
| University of Toronto | $15,750-57,050 |
| University of British Columbia | $1,300-52,300 |
| McGill University | $2,230-58,300 |
Tuition Fees for Different MS Programmes in Canada
| Courses | Programme Fees (in Canadian dollars/Year) |
|---|---|
| Big Data Analytics | $21,077 |
| Chemical and Biological Engineering | $4,897 |
| Neuroscience | $8,952 |
| Financial Analytics | $21,077 |
| Materials Engineering | $4,897 |
| Mathematics | $21,277 |
| Remote Sensing | $20,756 |
| Cyber Security | $44,863 |
| Psychology | $20,595 |
| Computer Science | $44,863 |
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Cost of Living in Canada
Now you have an idea of how much it will cost to study an MS program at a Canadian university. It’s also imperative that you know how much it costs a student to stay in Canada to draw a well-informed budget. You must also keep the cost of Canada Student Visa fees in mind.
Canada’s living cost is slightly higher than average as it boasts of high quality of life. In provinces such as Quebec, Montreal, or Ottawa, you would require around $800-1,500 per month, including food, accommodation, transport, and health care.
- Accommodation costs may vary between $500 to $800 every month, depending on whether you stay on campus or outside
- Food expenses may be up to $700 per month if you eat inside the campus. It’s a lot cheaper outside, which will keep it as low as $200 per month
- A daily one-way ticket on local public transport will cost around $3
- You will also need to purchase health insurance while studying in Canada. This costs around $600-800 per year
| Item | Cost (Avg.) |
|---|---|
| Accommodation | $500/month for off-campus PG or rent $800/month for in-campus hostels |
| Food | $200/month outside campus (cafes and diners) $700/month in-campus cafeterias |
| Transport | $6-10 per day |
| Health Insurance | $600-800/year |
Scholarship Available to Study In Canada
It’s possible to get a scholarship that will cover the entire programme fees along with living expenses for your study in Canada.
| University Name | Scholarship Amount (in Canadian dollars) |
|---|---|
| University of Waterloo International Master’s and Doctoral Awards | $2,700 per term for two years |
| Ontario Graduate Scholarship | $19,800 per year |
| Ontario Trillium Scholarship | $53,000 per year, renewable for 3 years |
| University of Manitoba Graduate Fellowships | $18,500 per year |
| University of Calgary Graduate Awards | $35,000 per year, for up to 2 years |
| Winnipeg President’s Scholarships for World Leaders | $5,000 per year |
| FINCAD Women in Finance Scholarship | $20,000 per year |
| PEO International Peace Scholarships for Women | $12,500 per year |
| Trudeau Foundation Scholarships | $20,000 per year |
| McGill University Scholarships and Student Aid | Tuition and registration fees, health and dental insurance charges deferred for international students |
The Process to Get Scholarships to Study MS in Canada
Getting a scholarship in Canada can be challenging but with the right effort and guidance, remains achievable
Here are a few tips you need to remember to secure a scholarship to study MS in Canada:
- Keep a tab on deadlines for both university admissions and applications for scholarships as the two timelines may not match.
- There are several scholarships available to study in Canada’s top universities. To stay ahead of the curve, check out trustworthy sites like Leap Finance or the official Canadian immigration website.
- Match your current grades with course eligibility criteria.
- Study well to secure good scores in IELTS or TOEFL.
- In addition to a Canada student visa, documents such as academic recommendation letters, publications, and other certifications can get you the best scholarships.
Conclusion
Overall, the fee structure of universities in Canada is designed to help students complete their studies without any hindrances. With reputed universities with comprehensive MS programs, student cities with a good quality of life, and cheap options for a budget lifestyle, Canada ticks all the right boxes!
If you are preparing for IELTS Canada 2021, read here.
Frequently Asked Questions
1. How much bank balance is required for Canada Student Visa
Ans. A minimum of $25,000 is required for Canada Student Visa.
2. What is the monthly living expense in Canada for Indian Students?
Ans. The monthly expenses for Indian Students in Canada are between Rs. 92000-120000.
3. Which are the Canadian University with most cheapest tuition fees?
Ans. The University Of Regina has the cheapest Tuition fees with a minimum of Rs. 1,06,176 per year.
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