International Students' Guide To Paying For University In Canada

International students in Canada have a variety of options to fund their university education. While tuition fees in Canada are generally lower than in other countries such as the US, UK and Australia, international students still face higher costs than domestic students. The average tuition cost for international students is between CAD 20,000 and CAD 30,000 per year, with some programs costing up to CAD 55,000 per year. To cover these costs, international students can apply for scholarships, work part-time or full-time, or participate in co-op programs. Additionally, budgeting and saving money on monthly expenses can help international students reduce their overall costs.

Scholarships

Global Affairs Canada features international scholarships offered by Canadian governments, foreign governments, non-governmental organizations, and international organizations. You can use their search tool to find out what scholarships you may be eligible for and stay up-to-date with the latest scholarship opportunities.

• Study in Canada Scholarships: These scholarships provide international students from a wide range of countries and territories with short-term exchange opportunities for study or research at Canadian post-secondary institutions.
• Canada-China Scholars' Exchange Program: This program offers scholarships to Canadians wishing to pursue short-term study, research, or Chinese language training at participating institutions in China.
• Emerging Leaders in the Americas Program: The ELAP provides students from Latin America and the Caribbean with short-term exchange opportunities for study or research at the college, undergraduate, and graduate levels at Canadian post-secondary institutions.

Many Canadian universities also offer scholarships to international students. These scholarships can be fully or partially funded and may include a monthly stipend along with tuition fees, accommodation charges, health insurance, and travel allowance. Here are some examples:

• University of Waterloo Scholarships: The University of Waterloo offers a fully funded scholarship of up to $10,000 for undergraduate, master's, and PhD studies.
• Université de Montréal Scholarships: International students from around the world are eligible for these tuition fee exemption scholarships, which provide up to $27,300 per year for undergraduate, master's, and PhD studies.
• University of Saskatchewan Graduate Scholarship: This is a fully funded scholarship offering up to $20,000 for PhD and $16,000 for master's studies.
• Lester B. Pearson International Scholarship Program: Offered by the University of Toronto, this fully funded scholarship covers tuition, books, incidental fees, and full residence support for four years of undergraduate studies.
• UBC Undergraduate Scholarships: The University of British Columbia offers two types of international scholarships: the Outstanding International Student (OIS) Award and the International Major Entrance Scholarships (IMES).
• Dalhousie University Scholarships: This fully funded scholarship for master's and PhD studies is valued at $30,000 and covers monthly stipend, accommodation costs, fee waiver, and health insurance.
• York University Scholarships: International students pursuing an undergraduate degree at York University can receive $35,000 per year, totaling $140,000 for their undergraduate studies in Canada.

Other scholarship opportunities

In addition to the scholarships offered by the Canadian government and universities, there are other scholarship opportunities available for international students wishing to study in Canada. These include:

• Banting Postdoctoral Fellowships: This program provides funding to the best postdoctoral applicants, both nationally and internationally, who will positively contribute to the country's economic, social, and research-based growth.
• Vanier Canada Graduate Scholarships: The Vanier CGS program aims to attract world-class doctoral students by supporting individuals who demonstrate both leadership skills and a high standard of scholarly achievement.
• The Canadian International Development Scholarships 2030 (BCDI 2030): The BCDI 2030 program provides quality education and training opportunities in Canada, including vocational and technical training, to increase access to higher education and strengthen social and economic development in the 26 eligible countries.

Part-time work

International students in Canada can work part-time to fund their studies. With a student study permit, they can work on- and off-campus without requiring a work permit. However, they are limited to working 20 hours per week during term time, and working more than this is illegal. The minimum wage in Canada ranges from CA$11 to CA$15 per hour, depending on the province, so students can earn between CA$220 and CA$300 per week during term time.

There is no limit on the number of hours students can work on-campus, but the university might not allow students to work more than 30 hours per week so that their studies don't suffer. On-campus jobs, such as working as a research or teaching assistant, can be a great way to gain work experience in your field of study and build your resume.

During university breaks, students can work full-time, giving them the opportunity to earn even more money.

Full-time work during breaks

International students in Canada are allowed to work full-time during university breaks. This is a great way to earn money to support your finances and stay. However, it requires a lot of commitment and work.

The university breaks include the summer and winter holidays, which are almost four months long, as well as the reading weeks in fall and spring. During these breaks, international students can work full-time, which is considered to be more than 30 hours per week. There is no restriction on the number of hours that can be worked per week, and students are even allowed to work overtime or night shifts to earn more money.

The minimum wage in Canada ranges from CA$11 to CA$15 per hour, depending on the province. For example, in Ontario, where most international students study, the minimum wage is CA$14 per hour. By working full-time over the summer and winter breaks, it is possible to earn a significant amount of money to help cover tuition fees and living expenses.

In addition to working full-time during breaks, international students can also work part-time during the semester. There is a limit of 20 hours per week for part-time work while studies are ongoing, and working more than this is illegal. The income from part-time work can also help to cover expenses, but it is generally not enough to cover tuition fees.

It is important to note that international students in Canada must have a study permit to work, and they can work for any employer in any occupation. The study permit costs CA$150 and must be obtained before travelling to Canada.

Co-op programs

Co-operative education, or co-op for short, is a fantastic way for international students to gain valuable work experience and fund their university education in Canada. Co-op programs are designed to provide students with the opportunity to apply their academic knowledge in a practical work setting, and they are a great option for international students looking to offset the cost of their studies.

Many Canadian universities offer co-op programs across various disciplines, including business, engineering, science, and arts. These programs are structured to assist students in finding suitable work placements and preparing them for the workplace through training and workshops. Universities may also have partnerships with companies and organizations to provide diverse opportunities for students.

To enrol, international students must meet academic requirements and complete any additional steps specified by the university. Researching specific requirements and processes for each institution is essential. Students should also be aware of any work visas or permits they may require. Co-op programs offer international students a unique opportunity to integrate study with work experience, providing them with skills, industry connections, and financial support during their time in Canada.

Budgeting

Track Your Expenses and Set Goals:

Keep a record of your spending and create a realistic budget. Understand your fixed expenses, such as tuition, accommodation, and utilities, and allocate funds accordingly. Set saving goals and try to stick to your budget as closely as possible.

Understand Needs vs. Wants:

Distinguish between what you need and what you want. For example, you might need to buy groceries, but you can cut down on eating out at restaurants. Allocate your funds to cover your needs first, and then assess what's left for discretionary spending.

Income and Expense List:

Make a comprehensive list of your income sources, such as scholarships, part-time work, or family support. Then, list your expenses, including tuition, accommodation, transportation, groceries, and personal items. This will give you a clear picture of your financial situation.

Search for Earning Opportunities:

Look for ways to earn money while studying. This could include part-time work, freelance writing, online tutoring, or social media management. Working during your studies can help you cover some of your expenses and reduce the financial burden.

Save for Emergencies and Social Activities:

It's important to set aside money for unexpected expenses, such as medical costs or laptop repairs. Additionally, allocate some funds for social activities and entertainment. This will ensure that you have a balanced student life and can still enjoy what Canada has to offer.

Reduce Costs Where Possible:

Look for ways to save money. For example, instead of buying new textbooks, consider renting or purchasing used books. Take advantage of student discounts wherever possible, such as on transportation, food, or retail items. Every little bit saved helps!

Plan Your Meals:

Meal planning and cooking at home can significantly reduce your food expenses. Eating out frequently can be costly, so try to cook at home as much as possible. Shop sales and discounts at the grocery store, and consider buying in bulk to save money.

Choose Affordable Accommodation:

Accommodation costs can vary widely in Canada. Opt for more affordable options like shared apartments or university residences to keep costs down. You might also consider living off-campus, which can be more cost-effective, but remember to factor in transportation costs.

Understand Currency Exchange Rates:

Remember that currency exchange rates can impact your budget. Keep an eye on the exchange rate between your home country's currency and the Canadian dollar. This will help you understand the true cost of your expenses and ensure you don't overspend.

Seek Financial Advice:

If you're unsure how to create a budget or manage your finances, don't hesitate to seek help. Speak to a financial advisor or a student support service at your university. They can provide guidance and ensure you're on the right track financially.

Example Budget:

To give you an idea, here's an example monthly budget for an international student in Canada:

• Accommodation: $400 - $1,500
• Utilities: $150
• Groceries: $300
• Transportation: $90
• Personal items: $100
• Entertainment/Social Activities: $100
• Emergency fund: $100

Remember, this is just an example, and your budget may vary depending on your location, lifestyle, and personal circumstances.

By following these budgeting tips and staying disciplined with your finances, you can make your dream of studying in Canada a reality without breaking the bank.

Frequently asked questions