Cost of Master’s in Canada for International Students

The Immigration, Refugees and Citizenship Canada (IRCC) reported that the country attracted international students from 184 countries in 2022, with approximately 200,000 students arriving from India to pursue higher education there. So, if you are a graduate having big dreams for your career, Canada can be a great place to begin with. Let’s explore the cost of a master’s in Canada, covering direct and additional expenses.

Cost of Master’s in Canada

The tuition fee for any master’s degree will depend mainly on two factors- the discipline you are choosing to study and the university or college you are enrolling at. Accordingly, you can expect to pay between CAD 4,018 and CAD 53,227 yearly as tuition fees. Remember that certain specialized or professional programs may have higher tuition fees.

Pre-Arrival Costs

Preparing for your journey involves several pre-arrival costs of a master's degree in Canada that are crucial to plan for. These expenses are essential to ensure a smooth transition into your academic adventure. 

Planning ahead and creating a detailed budget is crucial to effectively manage these pre-arrival costs of doing MS in Canada. Make sure to account for these expenses in your overall financial plan to ensure a smooth and stress-free transition to your studies in Canada. Also, staying informed about any changes in master’s fees in Canada, such as the cost of an MBA from Canada or other programs, by regularly visiting the official websites will help you make accurate financial preparations.

Here is a detailed breakdown of pre-arrival costs for MS in Canada:

Application Fees

You will typically need to pay application fees when applying to Canadian universities. The MS fees in Canada vary from institution to institution and program to program. You will be required to submit a non-refundable admission fee ranging from CAD125 to CAD180. The application fee encompasses the costs associated with assessing your application, which include the review of your test scores and transcripts, as well as the processing of your application.

Language Proficiency Tests

If your first language is not English or French, you may be required to prove your language proficiency. Tests like the TOEFL, IELTS, or DALF (for French) are commonly accepted. Depending on the test and location, these tests come with registration fees ranging from $150 to $250 (CAD 205 - CAD 342*).

Visa and Permit Fees

To study in Canada as an international student, you will need a study permit, a temporary resident permit, or an electronic travel authorization. The study permit application fee is currently CAD 150, while a TRV and an eTA may cost an additional CAD 200 and CAD 7, respectively. It's essential to check the latest fee structures on the official website of the Government of Canada, as these fees can change over time.

Travel Expenses

Traveling to Canada involves costs such as airfare, transportation to and from the airport, and possibly accommodation for the first few nights. The cost of airfare varies significantly based on your location, booking time, and travel time. Additionally, you may need to budget for local transportation upon your arrival.

Initial Tuition Deposit

Once accepted into a master's program in Canada, you must submit an initial tuition deposit to secure your spot. This deposit is typically a percentage of the total annual tuition fees. The exact amount varies among universities but can range from a few hundred to a few thousand dollars. This deposit is deducted from your overall Canada master's degree fees for the year.

*conversion as on November 15, 2023

Cost of Study in Canada:

Cost of Studying in Canada for Indian Students

Post-Arrival Expenses

After arriving in Canada, you must prepare for several post-arrival expenses as you settle into your new academic and cultural environment. These expenses encompass accommodation costs, utilities, transportation, groceries, study materials, communication services, healthcare, banking, and miscellaneous expenditures. Adequate financial planning is crucial to ensure a seamless transition and to fully embrace your educational journey in Canada while managing your daily living expenses effectively.

Housing

Housing costs can vary based on your location and preferences. Renting a room will cost you a minimum of CAD 350 per month while renting a larger apartment or a spacious house will require a minimum monthly payment of at least CAD 2,000. Costs may be higher in major cities like Toronto or Vancouver and lower in smaller towns or rural areas.

Transportation

In Toronto, public transportation costs CAD 156 monthly, making it a more affordable option than car ownership which can add up to around CAD 442 a month, including fuel, maintenance, and insurance costs. 

Food

Managing your food expenses is essential. Dining options and prices can vary. The monthly food expenses in Toronto vary, with an average cost of approximately CAD 260 for a female adult and around CAD 340 for a male young adult.

Cost of Living in Canada

Living costs in Canada vary by city but generally include accommodation (CAD 350 - CAD 2000 a month), transportation (public transport: CAD 156 per month), and food (CAD 260 - CAD 340). It is important to budget accordingly. After arriving, you will also face additional costs, such as setting up a bank account and buying study materials.

Know about living cost in Canada:

Cost of Living in Canada

Conclusion

Embarking on the journey of a master's degree in Canada is a life-altering experience that encompasses personal and professional growth. Prospective students must approach this adventure with careful financial planning and a well-defined budget. By understanding various expenses, seeking scholarships, and part-time work opportunities, students can fully prepare for Canada's enriching educational experience. Ultimately, the cost of a master's program in Canada is an investment in one's future. 

Disclaimer: The mentioned costs are indicative and subject to change at any time.

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