Does the tuition fee of 20 to 25 lakhs include accommodation and living costs in Canada for a Master's?
No, a 20 to 25 lakh rupee budget covers only your institutional tuition for a Canadian Master's, not accommodation or living costs. Living expenses run roughly CAD 12,000 to 20,000 yearly, around 7.5 to 12.5 lakh rupees, so a two year Master's needs 35 to 50 lakh rupees total.
No, that 20 to 25 lakh figure only pays for your credits, tuition, and access to campus facilities, not where you live or eat. Your accommodation and living costs sit entirely on top of that number, and the gap is bigger than most applicants expect.
What Your Budget Covers vs What It Does Not
| Cost Component | Typical Annual Range |
|---|---|
| Tuition (non-MBA Master's, public university) | CAD 15,000 to CAD 30,000 per year, roughly 20 to 25 lakhs over two years |
| Living costs (rent, food, utilities, transport) | CAD 12,000 to CAD 20,000 per year, roughly 7.5 to 12.5 lakh rupees |
| Total 2-year Master's outlook | 35 to 50 plus lakh rupees combined, before scholarships or assistantships |
Do not Forget the Visa Financial Requirement
- IRCC requires proof your first year of tuition is paid or accounted for before approving your study permit.
- You must also purchase a Guaranteed Investment Certificate, currently CAD 20,635 or more, to cover first-year living costs.
- Toronto and Vancouver sit at the higher end of the living cost range compared to smaller university towns.
My Advice
Add the GIC amount and your city's realistic rent figure on top of your 20 to 25 lakh tuition estimate before you finalize your loan or savings plan, since underestimating the living cost side is what most often creates a funding shortfall mid-program.
Got a budget of 40 to 50 lakhs? See what Canada costs.
Full tuition and living breakdown, plus universities that fit your number.
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