Canada is known for hosting some of the top universities in the world, many of which consistently rank highly in the QS World University Rankings. In addition to offering accredited course curricula and world-class faculty, these institutions also provide opportunities for hands-on learning through live projects, internships, and networking events, making Canada an attractive destination for international students pursuing a master's degree.
However, it is important for students to comprehensively understand the costs involved in studying for a master's in Canada to properly plan and budget for their education. This article aims to guide Indian students on the financial considerations of pursuing a master's degree in Canada, including tuition fees, living expenses, and other miscellaneous costs.
Top Factors That Determine the Cost Of Studying Masters In Canada
As an international student, it is natural to consider the cost of tuition for a master's degree in Canada when deciding on a program of study. However, it is important to note that tuition fees are just one part of the overall cost of studying for a master's in Canada.
Other expenses, such as living expenses, essential costs, and pre-arrival and post-arrival costs, should also be considered when budgeting for your studies. These costs are generally divided into the following categories.
- Tuition Fee
- Living expenses
- Other Essential Costs
- Pre-Arrival & Post-Arrival Costs
Cost of Studying MS In Canada
Tuition fees for master's programs in Canada can vary based on the university, the program of study, and the length of the program. Some universities charge a per-semester or per-term fee, while others have a flat fee for the entire program. The tuition fees for specific programs may also vary based on the course, specialisation, and university. Here is a table with information on the average tuition fees for master's programs at five top universities in Canada:
|
University |
QS World University Ranking 2023 |
Average Tuition fee for Masters Courses |
|
University of Toronto |
34 |
8,810 CAD |
|
McGill University |
31 |
9,577.35 CAD |
|
University of British Columbia |
47 |
10,071 CAD |
|
University of Alberta |
110 |
8,546.28 CAD |
|
McMaster University |
152 |
6,000 CAD |
Living Expenses To Study for Masters's Degree In Canada
Living expenses can be a significant portion of the overall cost of pursuing a master's degree in Canada. One of the important components of living expenses is housing, which can vary based on the accommodation type and location.
Universities in Canada often provide housing options for international students, which can be a convenient and cost-effective option. It is essential to carefully consider your housing options and choose the one that best meets your needs and budget. Here is a table with information on the cost factors involved in living expenses for Indian students pursuing a master's degree in Canada:
|
Cost Factor |
Average Cost |
|
Housing |
$500 - $1,500 per month |
|
Food |
$300 - $800 per month |
|
Transportation |
$50 - $100 per month |
|
Other necessities (e.g. phone, internet, laundry) |
$100 - $200 per month |
|
Total |
$950 - $2,600 per month |
Other Essential Costs Of Studying Masters In Canada
Student visa fee
To apply for a student visa to study in Canada from India, you must pay a fee of 150 CAD. This fee is in addition to the cost of biometrics, which is 85 CAD. These fees are required as part of the process of obtaining a student visa to study in Canada.
Application fee
As an international student applying for a Master's degree in Canada, you will need to pay an application fee to the university. This fee will vary depending on the specific program you are applying to and can be found on the university's website. The one-time application fee typically ranges from 45 CAD to 200 CAD.
Overseas student health coverage
International students studying in Canada must have health insurance coverage. Some provinces in Canada offer free health insurance for international students, so it is important to check with your university and the government website to determine if you are eligible for this coverage.
If you are not eligible for free coverage, you must purchase health insurance before applying for a student visa. The cost of health insurance for international students in Canada is typically between 600 CAD and 900 CAD per year. This cost should be considered part of the overall expenses for studying for a Master's degree in Canada for Indian students.
Proof of funds
When applying for a student visa as an international student in Canada, you will be required to provide proof of funds to cover the costs of your studies. This includes tuition fees, living expenses, and any other additional costs. If you have family members accompanying you to Canada as dependents during your studies, you will also need to provide additional proof of funds to cover their expenses. It is important to budget for these costs carefully and has the required documentation ready when applying for a student visa to study in Canada.
Pre-Arrival & Post-Arrival Costs Of Pursuing MS In Canada
Pre-arrival costs:
Application fees: You will need to pay an application fee to apply to study for a Master's degree in Canada. The fee will vary depending on the university and the program of study.
Language test fees: Some universities may require you to take a language test, such as the TOEFL or IELTS, to demonstrate your English proficiency. These tests have fees that you will need to pay.
Travel costs: You will need to pay for your flights to and from Canada and any other travel costs associated with your move, such as transportation to and from the airport.
Post-arrival costs:
Tuition fees: You must pay tuition fees to attend a Master's program in Canada. The number of fees will depend on the university and the program of study.
Living expenses: You will need to pay for housing, food, and other daily necessities while studying in Canada. The cost of living will vary depending on where you are studying and your lifestyle.
|
Type of Accommodation |
Cost per month |
|
Dormitory |
350 CAD-600 CAD |
|
Townhouse |
250 CAD-650 CAD |
|
Shared apartment |
400 CAD-800 CAD |
|
Unfurnished apartment |
300 CAD-500 CAD |
Books and supplies: You will need to purchase books and other supplies for your studies, which can be expensive.
Health insurance: All international students in Canada are required to have health insurance. The cost of health insurance will depend on your program of study and the length of your stay.
Frequently Asked Questions About Masters In Canada
Q. How long does it take to complete a Master's degree in Canada?
A Master's degree in Canada typically takes one to two years of full-time study.
Q. What is the cost of tuition for a Master's degree in Canada?
The cost of tuition for a Master's degree in Canada will depend on the program of study and the university you are attending. Tuition fees can range from CAD$7,000 to $30,000 per year.
Q. Do I need a bachelor's degree to apply for a Master's program in Canada?
Yes, most universities in Canada require applicants to have a bachelor's degree in a related field to be eligible for a Master's program.
Q. Do I need to take a language test to study for a Master's degree in Canada?
It depends on the university and the program of study. Some universities may require international students to demonstrate English language proficiency through tests such as the TOEFL or IELTS.
Q. Can I work while studying for a Master's degree in Canada?
Yes, international students in Canada are allowed to work part-time while studying as long as they are enrolled in a full-time program. You will need a study permit to work in Canada.
