The Value of a Canadian Education

The Value of a Canadian Education

Page 1



Canadian institutions are recognized worldwide for their high quality programs and the diverse cultural experience they offer international students. But what you may not know is that Canadian institutions offer this great value while also maintaining some of the lowest tuition fees in comparison to other English-speaking countries such as the United States, England, and Australia.

Why is the cost so much more reasonable for international students in Canada? National and provincial governments heavily subsidize tuition and infrastructure costs in Canada for institutions as part of their commitment to affordable education. Furthermore, the cost of living in Canada is not high in comparison with other industrialized nations, due largely in part to its relatively stable economy and accessible social support systems.

Amy Yeun, a fourth-year student at one of Canada's largest institutions, the University of Toronto, certainly agrees that Canadian schools are less expensive than American schools. Yeun describes that it was an easier investment to make given that "My tuition for the year in the States was $30,000 U.S. compared to $3,500 Canadian at the University of Toronto."

Check out some of the costs associated with the value of a Canadian education:

Tuition: The basic cost of attending classes at the Canadian school of your choice can vary greatly. However, a standard tuition per term between $3000-$6000.

Textbooks and School Supplies: In addition to your classes, you'll need to buy the textbooks containing the readings and assignments and any other supplies for studying such as paper, pens, and dictionaries. Textbooks and supplies average $550.

Residence: You'll be staying in a dorm room at your school or with a Canadian family as part of a homestay. Usually residence costs will also include your meals. Expect around $700 a month.

Medical Insurance: You'll need a health plan in Canada to cover you going to a doctor or hospital in case of an emergency. Policies vary but expect around $300 per term.

Phone: you may want to have a phone or at least a long distance calling card while you're in Canada to call your family and friends back home. Depending on the plan you purchase, this will typically cost you between $0.10-0.20 per minute to call home.

Public Transportation: taking public transportation with buses, trains, and subways is a good way to get around your new city. A student bus pass is about $50 per month.

Entertainment: When you're not in class or studying, going out to movies, restaurants, and sightseeing are some of the things you'll probably be doing. A fair entertainment budget that will let you try lots of different things without spending too much is between $20-30 per week.

Personal: everything from your soap and toothbrush to your clothing and laundry can fall into this category. Budget around $500 per term.