Canada is one of the best study destinations in the world due to its international reputation in research and studies, in addition to its educational systems ranking among the highest in the world. Therefore, most students seek to join its universities, but the high cost of studying is the biggest obstacle they face. A student cannot cover the cost of studying alone and needs financial support from their family or a scholarship to ease the financial burden. They must also account for housing, food, transportation, and study materials.

In this article, we will outline the cost of studying in Canada and the amounts a student is expected to need annually, which may vary depending on the student’s lifestyle.

Tuition Fees by Study Level and Some Majors:

Bachelor’s Degree: Typically, the cost ranges between CAD 15,000 to CAD 60,000 per year. For example, here are the costs for some majors (these amounts are approximate and vary from one university to another):

| Major | Approximate Annual Cost |
|————————–|————————-|
| Medicine | CAD 35,000 |
| Dentistry | CAD 56,000 |
| Engineering | CAD 33,000 |
| Humanities | CAD 29,000 |
| Law | CAD 33,000 |
| Veterinary Medicine | CAD 63,000 |
| Business Administration | CAD 26,000 |

Master’s Degree: Typically, the cost ranges between CAD 20,000 to CAD 40,000 per year. For example:

| Major | Approximate Annual Cost |
|————————–|————————-|
| Business Administration | CAD 38,000 |
| Law | CAD 30,000 |
| Engineering | CAD 40,000 |
| Mathematics | CAD 20,000 |

Doctoral Degree: Typically, the cost ranges between CAD 12,000 to CAD 20,000 per year. For example:

| Major | Approximate Annual Cost |
|————————–|————————-|
| Psychology | CAD 29,000 |
| Law | CAD 20,000 |
| Social Sciences | CAD 14,000 |

Housing Costs for International Students in Canada:
Students can apply for university housing, which costs between CAD 8,000 to CAD 10,000 per year. It is important to book early to secure accommodation. There are several options with varying prices. For example, shared housing costs between CAD 250 to CAD 700 per month, private housing ranges from CAD 400 to CAD 1,500 per month, youth hostels cost between CAD 10 to CAD 20 per day (approximately CAD 300 to CAD 600 per month), and homestays with a Canadian family, which is a great option for students wanting to learn the language from native speakers, typically cost CAD 400 to CAD 800 per month.

Food, Transportation, and Internet Costs in Canada:
Typically, food and drink costs range between CAD 1,200 to CAD 1,500 per month. Transportation to and from university costs around CAD 120 per month, and internet costs range from CAD 50 to CAD 100 per month.

Health Insurance Costs in Canada:
International students usually receive healthcare services through the public healthcare system. However, to expedite waiting times or in the case where healthcare is not provided for international students in some provinces, a general or private health insurance plan is required. The cost ranges between CAD 600 to CAD 900 per year.

In conclusion, Canada is the best study destination, but it requires a spending plan, knowledge of the costs, and the ability to cover them.