What is the budget required for studying a master's degree in Canada, Australia, and the UK?
More expert answers
Here’s the typical budget range for a Master's in Canada or the UK (Jan 2027 intake):
Canada:
- Tuition: CAD 18,000 - 40,000/year
- Living expenses: CAD 12,000 - 18,000/year
- Total: CAD 30,000 - 58,000/year
UK:
- Tuition: £11,000 - 38,000/year
- Living expenses: £10,000 - 15,000/year
- Total: £21,000 - 53,000/year
These estimates cover tuition and living costs and are subject to change. Additional expenses like visa fees and health insurance apply. For a more tailored estimate, discuss your preferred universities and course with your LeapScholar counsellor.
You'll typically need a total annual budget of AUD 42,000 - 80,000 to study in Australia, including both tuition and living expenses. Actual costs vary by city, university, and lifestyle.
- Tuition (Master's): AUD 22,000 - 50,000/year (subject to change)
- Living expenses: AUD 20,000 - 30,000/year (includes accommodation, food, transport, and personal costs)
These are approximate figures and can change based on your choices and location.
If you need help planning your budget or selecting universities, connect with your LeapScholar counsellor.
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