Is the University of Toronto affordable for me or not?
No, the University of Toronto is likely not affordable for you based on your current income.
- Tuition fees: CAD 30,000 - 60,000/year (varies by program)
- Living expenses: CAD 18,000 - 30,000/year in Toronto
- Total estimated annual cost: CAD 48,000 - 90,000 (approx. ₹ 30 - 58 lakh)
This is significantly higher than your current annual compensation of ₹ 3 - 6 lakh. You would need substantial financial support, such as scholarships or assistantships, to make this feasible.
Got a budget of 40 to 50 lakhs? See what fits.
Full tuition and living breakdown, plus universities that fit your number.
More Cost & living questions
- What is the lowest undergraduate tuition fee I can expect to pay at a Canadian university for the 2026 academic year?
- How much would I pay in first-year tuition for the International MBA program at York University, Toronto?
- How much monthly rent should I expect to pay for accommodation in Austria as an international student?
- If I get an education loan, can I proceed with the application after the loan amount is clear?
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
