Canada is a nation that is for its beautiful landscape, polite people, and calming ambience. However, Canada is also known for its excellent education system. Therefore, it is a dream destination for many students from across the globe, including the ones from Nepal. If you are among such students, you may have many questions. One such question probably is - what is the total cost to study in Canada from Nepal? 

In this article, we discuss the average fee to study in Canada and the factors affecting the cost in Nepal.

Average Tuition Fee in Canada

The specific tuition fee in Canada varies on many different factors. Therefore, it is hard to provide you with an exact amount regarding tuition fees in Canada. That said, we can provide you with a rough estimation. The average fees, depending on the levels of education, are as follows: 

Do note that the costs we mentioned here are just the average estimations. It is also important to note that the courses can last for anywhere from one to four years. Therefore, the costs we mentioned here do not represent the entire cost.

Cost of Living in Canada

Besides the cost of education, you also need to consider the cost of living. The specific cost varies on many factors. Regardless, we can provide you with an average living cost. The rough cost of living in Canada includes the following:

These are the rough estimations regarding the cost of living in Canada. When estimating the cost, you should add the cost of living along with the cost of education. Even if you do add both costs, you can only get a rough estimate. 

You should also note that as of 2024, the minimum balance required to get a student visa in Canada is CAD 20,635 or NPR 19,96,961. 

Factors Affecting the Cost of Studying in Canada

Now that you have a general idea regarding the average cost, you should also note that the said cost varies based on many factors. Some of the key factors that affect the cost of studying in Canada include the following:

1. Location

Location is a key factor that affects the cost of studying in Canada. If you live in an urban area, every aspect of life there would be more expensive when compared to smaller cities. This includes the cost of educational supplies, the cost of housing, and even smaller costs like utility. However, if you live in a smaller city, you can get by with affordable housing and supplies, which can reduce the overall cost.

2. Housing Choices

Location affects the cost of housing. But besides location, the cost is also affected by the type of accommodation. Deciding to live in university dormitories can be a lot more affordable than choosing to live in an apartment. Similarly, sharing the appointment can also be cheaper than renting an entire apartment alone.

3. Lifestyle Preferences

Although location and housing are somewhat within your control, they are affected by aspects such as the location of your university and available accommodation. Therefore, you do not have complete control over them. However, when it comes to lifestyle preferences, you do have full control over them. Depending on how you live, you can directly affect the cost of studying in Canada. If you decide to indulge in regular dining out, tons of entertainment and shopping, your cost will increase drastically. On the other hand, if you live frugally, you can reduce the overall cost.

4. Transportation 

One key aspect of lifestyle preference is the choice of your transportation. Depending on your choice, you can either travel in public transport, own a cycle, or own a car or bike. Travelling in public transit is affordable but has limitations to where you can go. Cycling is inexpensive and has fewer limitations, but it is slow. Similarly, owning a car or motorbike lacks constraints and has speed but has a high cost. Either way, you directly affect the cost of studying in Canada based on your transport medium.

5. Health Insurance

Unlike other factors we have talked about so far, health insurance is a mandatory aspect of studying in Canada, besides food and accommodation. However, there are various choices when getting health insurance. The two key choices are public and private health insurance. Public health insurance is affordable but may have limitations. On the flip side, private health insurance may provide you with better coverage but might be a bit expensive. Furthermore, there are different tiers even within these two primary types of health insurance. The cost of studying in Canada is directly affected by the health insurance you choose. 

These are some of the key factors that affect the cost. Along with these factors, there can be specific additional factors like the cost of utility bills based on the season as per your circumstances.

Conclusion

Canada is the dream destination for many Nepalese students. However,  studying abroad in Canada requires adequate funds. That said, the specific cost of studying in Canada is affected by various factors. These factors range from aspects such as education fees, location, housing choices, lifestyle preferences, transportation, and health insurance. It should be noted that you need to have a minimum balance of CAD 20,635 or NPR 19,96,961 to study in Canada. 

In this article, we discussed the average cost regarding various aspects contributing to the total cost of studying in Canada from Nepal. We hope you found this helpful. If you want further insights about studying in Canada, feel free to check out some of our other blogs. And if you want the best consultancy in Nepal to aid you in your dream of studying in Canada, look no further than AIMS Education.

Related Blog Post:

• Process and Requirements to Study in Canada From Nepal
• Scholarships to Study in Canada for Nepalese Students
  

FAQs on the Cost of Studying in Canada

1. How much does it cost to study in Canada?

The specific cost depends on the university you apply to, your level of education, and the course you want to study. The average cost, however, is between CAD 15,000 and CAD 22,000 per annum. 

2. How much does it cost to study in Canada from Nepal?

The minimum balance required to study in Canada from Nepal is NPR 19,96,961. That said, you may require more depending on your lifestyle choices along with the education costs. 

3. Is Canada or the USA cheaper to study?

Compared to the USA, Canada is more affordable to study. 

4. Can I study in Canada for 30 lakhs?

Yes, you can study in Canada for 30 lakhs of NPR. That said, you need to make compromises on your lifestyle to make it happen. 

5. Is Canada affordable to study?

Yes, Canada is an affordable nation to study. You can study in Canada with an average balance of 30 to 40 Lakhs NPR if you live frugally. 

6. How much bank balance is required to study in Canada?

The minimum balance required to study in Canada as of Jan 2024 is CAD 20,635 per year. 

7. What is the average cost of living for a student in Canada?

The average cost of living for a student in Canada varies based on a lot of factors. However, as per our estimation, the cost ranges between 14,400 to 28,800 CAD per annum. 

8. What are the main expenses for international students in Canada apart from tuition fees?

The main expenses for international students in Canada, apart from tuition fees, include accommodation, food, transportation, books and supplies, personal expenses, health insurance, internet and phone, entertainment, and laundry costs.