Although studying abroad can be expensive, Canada is one location where exceptional education is offered at tuition prices that are lower than those of many other nations. Canada is a highly sought-after location for higher education, offering undergraduate, postgraduate, doctorate, and vocational programs to students from all over the world. According to the Canadian Bureau of International Education, Canada has the third-highest proportion of international students globally. In addition, short-term courses and undergraduate and graduate credentials are available through Canadian universities. Students have the option of attending community, public, or private colleges. The University of Toronto, the University of Alberta, and the University of Winnipeg are a few of Canada's most esteemed universities.

The quality and diversity of the Canadian educational system make it possible for students to pick a programme that meets their needs. In addition, Canada provides overseas students with a range of grants and scholarships that can support their academic endeavours without placing an undue financial strain on them. Studying in Canada is regarded as a worthwhile investment for your future since you will have access to outstanding education, cross-cultural encounters, and a degree that is recognised throughout the world. A financial commitment and advance planning are necessary for international students to be accepted into Canadian institutions and colleges. Additionally, many study abroad consultants in Kerala will help you manage costs, accommodation, universities, and all other needs for your study abroad journey.

Significant Expenses for Indian Students Studying in Canada 

The main expense for Indian students studying in Canada, like in other nations, will be tuition fees. Numerous scholarships and funding opportunities are offered by specific prestigious colleges and universities to help cover students' tuition fees. Additionally, the cost varies depending on the major a student wants to pursue at a specific college. Here is a list of additional costs that affect the total cost of studying and living in Canada.

* The charge for applying to college

* Accommodation and food

* Transportation and commuting

* Cost of work permit and study permit

Course Average Tuition Fee Per Annum

Application fees CAD 50 - 200 (INR 3,700 - 14,830)

Undergraduate Courses CAD 12,000 - 30,000

(INR 6,46,000 -16,15,000)

Engineering & Medicine Courses CAD 22,000 (INR 11,69,000)

 (UG Level)

Humanities, Business & Management CAD 5,500- 6,500

(UG Level) (INR 2,96,000 - 3,50,000)

Law CAD14,000 (INR 8,45,600)

Visual and Performing arts CAD 5,000 (INR 3,01,800)

Postgraduate Courses CAD 18,000 (INR 9,54,000)

MBA CAD 28,000 (INR 14,75,000)

Executive MBA CAD 29,000 (INR 17,51,400)

Engineering CAD 19,300 (INR 11,57,200)

Dentistry CAD 22,500 (INR 13,47,300)

Nursing CAD 47,800 (INR 28,65,600)

Other Expenses to Study In Canada 

Accommodation CAD 5000 - 10,000

(INR 2,67,000 - 5,39,000) per annum

Food CAD 300 - 400 (INR 17000 - 44000) per month

Travel Costs in Canada are CAD 80 -110 (INR 4,300 - 6,000) per month

Entertainment CAD 750 (INR 43,770) per month

Work permit fees CAD 155 (INR 11,943)

Campus Parking CAD 650 or more

Books and School supplies CAD 1000 - 2000

Health And Insurance Cost 

Because students are required to have health insurance prior to the start of their programme, it is included in the overall estimate of the cost of studying in Canada. The overall cost could vary from CAD 300 (INR 17,000) to CAD 800 (INR 44,000) per year, depending on the type of coverage chosen.

Study Permit Fees 

International students are permitted to study in Canada with the help of a study permit, which is a document issued by the Canadian immigration authorities. International students must have a valid study permit in order to enrol in classes in Canada. The cost of a study permit in Canada is CAD 150, or approximately INR 8,873.

Proof of Funds 

International students must provide proof of funding, an admission letter, and other documentation in order to obtain a student visa. INR 6,00,000 in bank reserves is needed to apply for a one-year student visa to Canada.

Taxes In Canada

Depending on your residency status, you may need to file Canadian income tax returns if you're an international student studying in Canada. The benefits of filing taxes, such as GST credits, the Child Tax Benefit, or obtaining a refund, might be advantageous even if overseas students are not acquiring citizenship in the nation.

Students must file an income tax return if they receive income from investments, jobs in Canada, research assistantships, or teaching. Even students who get income from sources outside of Canada are required to disclose their earnings.

To know more about the cost of studying in Canada for Indian students, read this;

Conclusion

One of the most well-liked locations for students looking to enhance their education is Canada. The cost of studying in Canada is quite affordable when compared to nations like the United Kingdom and the United States.