What is the minimum cost required for studying in Canada for a Master's?
14 Aug 2026 · Answered by Pushplata Gaddmwar · 1 min read
The minimum cost to study in Canada for an international master's student is typically CAD 38,000 - 40,000/year. This includes:
- Tuition fees from about CAD 15,000/year (for select programs)
- Living expenses mandated at a minimum of CAD 23,000/year (covers accommodation, food, transport, basics)
This estimate does not include extra costs like health insurance, study permit fees, books, or personal expenses.
In Indian Rupees, expect a total of roughly ₹24 - 26 lakh/year (subject to change with exchange rates).
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