Cost of Studying in Canada for Indian Students

Canada is widely regarded as one of the most popular destinations for students seeking higher education. In comparison to other top destinations, studying and living in Canada is less expensive. Furthermore, the scenic grounds, vibrant city atmosphere, and close-knit campus community provide students with an ideal environment for overall development. Some of Canada's most prestigious universities include the University of Toronto, the University of Alberta, and the University of Winnipeg. In this blog, we will discuss the cost of studying in Canada for Indian students, as well as provide a breakdown of the major expenses.

Total Cost of Study in Canada for Indian Students

Tuition fees charged by universities account for a sizable portion of the cost of studying in Canada. The total cost is determined by a variety of factors such as the type of course, its international reach and reputation, the city of study, and so on. Thus, the average cost of studying in some of Canada's best colleges in terms of tuition fees can reach CAD 35,000. (INR 18,84,000). The Council of Ministers of Education of Canada (CMEC) also provides an online calculator for international students to estimate the cost of studying in Canada.

Tuition Fees in Canada for International Students

A student's tuition fee expenditure is determined by the type of qualification and institution chosen. The first question that a student would have is, "How much money do I need to study in Canada?" To cover this, they will need between CAD 13,500 and CAD 38,000 per year.

Humanities, education, and arts programmes are slightly more expensive than medical and engineering programmes. Students who need to study at the postgraduate level must pay a higher tuition fee, which varies depending on the programme they choose.

Like in other countries, MBA programmes in Canada are among the most expensive academic programmes available. 

Here is a summary of the estimated cost of education in Canada based on study levels:

English Proficiency Test Registration Fees

University & College Application Fees

With excellent institutions and world-class education, Canada is without a doubt the top destination for international students. Although Canadian institutions are known for providing affordable education, most of them charge application fees ranging from $50 to CAD 250. In fact, in Canada, less than 5% of universities and colleges do not charge application fees. This means you'll be spending a lot of money on application fees if you apply to multiple universities.

There are only a few expenses in an international student's budget that can be reduced. Colleges in Canada with no application fee for international students are one of these.

GIC Canada Fees

Each international student must have a GIC to cover their living expenses once they arrive in Canada. The GIC is worth $10,200 and can be purchased from any participating bank. The bank deducts about $200 in administrative fees, but this varies from bank to bank.

Study Permit Fees Canada 

A study permit is a document issued by Canadian immigration authorities that allows international students to study in Canada. International students are not permitted to study in Canada unless they have a valid study permit. A study permit in Canada costs CAD 150, which is roughly equivalent to INR 8,873 at the current exchange rate (as shared on the CIC Website).

Canada Student Visa Fees

International students must pay CAD 150 for a visa. This is the amount a student must pay to apply for a Student Visa in Canada.

Also, keep in mind that international students must show funds of around CAD$ 10,000 in addition to their tuition fees to prove that they can support themselves for one year of stay.

The Cost of Education in Canada for Indian Students Regarding the student visa, the Study in Canada cost in rupees is a fixed amount in a bank account.

As previously stated, the requirement is CAD 10000, which converts to 530000 at a rate of 53 INR for 1 CAD. Tuition fees and other expenses typically require students to have at least 10,00,000 to 12,00,000 INR. The Canadian Student Visa Fees in Indian Rupees are approximately 8000 INR.

Quick Read:  Canada Student Visa

Health insurance cost for international students in Canada

In Canada, the provincial health-care system covers both basic and preventive medical services, as well as emergency care. You should be eligible for a provincial health care card as an international student with a valid study visa in order to access these services.

Health insurance in Canada for international students varies depending on location, as well as the insurance company. According to the Canada Insurance Plan, the average annual premium for health insurance ranges from CAD 600 to CAD 900.

Living expenses in Canada for international students

According to AECC Global, you should budget between $7,000 and 20,000 Canadian dollars (CAD) per year to cover the costs of accommodation, food, and mandatory health insurance. Still, you should also account for your tuition fees, as well as any applicable student, administration, application, or permit fees. Don't forget to budget extra spending money for things like going out with friends, travelling, or attending events. To learn more, visit the cost of living in Canada for international students.

Must Read:  Cost of Living in Canada

Cost of flight ticket from India to Canada

There are no nonstop flights between India and Canada. New Delhi Indira Gandhi Intl Airport - Toronto Pearson Intl Airport, New Delhi Indira Gandhi Intl Airport - Toronto Island Airport, and New Delhi Indira Gandhi Intl Airport - Vancouver Intl Airport are popular non-direct routes for this connection. Air India, IndiGo, Vistara, SpiceJet, and GoAir are the major domestic carriers flying to Canada from India. The cost of direct flights from India to Canada ranges between INR 1,000,000 and INR 2,000,000, depending on the season.

This was all about the various expenses you should consider when calculating the cost of studying in Canada for Indian students. Planning to study abroad is a time-consuming and complex process. Our AECC Global mentors can guide you through the entire process, from selecting the right course to putting together an impressive application that will get you accepted to your dream university.

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