Canada is amongst the top 5 study overseas destinations and every year thousands of students move to this ‘Great White North’ to pursue their master’s degree. Known for the highest quality of education, top institutions, diverse course options, co-op and internship opportunities, the country provides a transformative experience, both academically and personally. The tuition fees at the Canadian Institutions can vary significantly. In this blog we will explore the most affordable universities in Canada for master’s studies. So, without any further ado, let’s get straight into it!

Understanding the Tuition Fees at Canadian Institution

Before diving into specific Canadian universities, it is essential to understand the average cost associated with master’s degree in Canada. The average tuition fees at a Canadian institution to study for a master’s degree ranges between CAD 7,000 to CAD 29,000 per year. This also depends on the factors like chosen program, university and the location of the university. Now, in the next section, let us learn about some of the affordable universities in Canada.

Affordable Canadian Universities for a Master’s Degree

 Here we have mentioned some of the most affordable universities in Canada to pursue a master’s degree.

  • Memorial University of Newfoundland
    Situated at the St. John’s, MUN is known as one of the most Affordable Universities in Canada. The universities offer a variety of master’s degree and diploma programs which includes a master’s degree in study fields like Management, Engineering, Computer Science and Information Technology, Medicine, Pharmacy, Psychology, Earth Sciences and more. The average tuition fees for international students at the Memorial University of Newfoundland ranges between CAD 8,800 to CAD 12,000 per year.
  • University of Victoria
    Located on the Victorian island, the University of Victoria is regarded for popular master’s programs in Environmental Sciences, Engineering, Social Sciences and more. The tuition fees to study for a master’s degree at this university ranges from CAD 12,000 to CAD 18,000 per year. The university’s state of the art infrastructure, strong community engagement activities, innovative learning makes it an attractive place to study.
  • University of Calgary
    The University of Calgary is ranked among top 200 universities in the world. Popular for its strong emphasis on research and innovation in study fields like Engineering, Health Sciences and Environmental Sciences, the university of Calgary is also known for offering a dynamic student life. The average tuition fee to study a master’s degree at the University of Calgary ranges between CAD 13,000 to CAD 20,000 per year.
  • Simon Fraser University
    Simon Fraser University is ranked at 15th position in the world for innovation as per The World University Rankings for Innovation, 2024. The university has eight faculties that offer a variety of master’s degrees. These faculties include Beedie School of Business, Faculty of Applied Sciences, Faculty of Arts and Social Sciences, Faculty of Communication, Art and Technology, Faculty of Education, Faculty of Environment, Faculty of Health Sciences and Faculty of Sciences. An average tuition fee for a master’s degree at SFU ranges from CAD 10,000 to CAD 20,000 per year.
  • Bradon University
    Brandon University is one of the most affordable options in Canada with tuition fees ranging from CAD 7,000 to CAD 12,000 per year. The university offers various master’s programs like Master of Education, Master of Music, Master of Arts (Rural Development), Master of Environmental & Life Sciences and more. One can also reduce the tuition fee by applying to scholarship for international students in Canada at the Bradon University. In the next section, we will talk about the tips to manage expenses while studying abroad

Tips to Manage Cost while Studying in Canada

Students can further reduce the cost of studying in Canada by following the mentioned tips:

  • Budget wisely: Create a detailed budget including tuition fees, living expenses, meals and a lot more. Do stick to the budget and avoid over spending on non-essential items.
  • Explore scholarship options: Majority of Canadian Institutions offer scholarships for master’s courses. So, students can research about these options and apply to the scholarships as the earliest.
  • Work part-time: International students are allowed to work in Canada for upto 20hrs during the semester and 40hrs during the semester break. Students can most of this opportunity that can help off-set the living expenses in Canada.
  • Use Student Discounts: Students studying at the university can take the advantage of student discounts on the transportation, entertainment, meals and save a lot of money.

Canada surely offers a wealth of opportunities for international students. So, if you are keen to pursue your master’s degree in Canda, we recommend you connect with your nearest advisor. They can also help you with information regarding an education loan to Study Abroad in Canada, scholarships or bursaries. So, what are you waiting for? Book an appointment today!