Tuition Fees for Masters (MSc) in Canada

Canada features world-class universities for masters known for offering superior quality education. However, studying for a master's at these universities involves a certain cost, which is generally more affordable than the tuition fees for a master's in universities in other English-speaking nations, like Canada and the UK. The estimated cost of studying masters in Canada generally ranges between CAD 15,000 and CAD 60,650 per year. Note that the cost of MSc in Canada for Indian students includes one-time payable pre-arrival costs, living costs, and most importantly, the tuition fee for a master's in Canada. For more details, call the GoCanada study counsellors.

Tuition fees for masters in Canada may greatly vary based on several factors. While some Canadian provinces are more expensive than others, MS in Canada cost may also depend on the master's specialization and the university you choose for your higher studies. International students looking to take up masters programs in Canada can expect to pay CAD 21,000 annually as Canada masters (MSc) fees on average. Masters fee range in Canada is the highest for masters in business administration and may go up to CAD 76,000 yearly. You may find the most affordable tuition fee for masters in Labrador and Newfoundland regions, where the study programs cost around CAD 5,000. For further information about the cost of studying master's in Canada, rely on the study consultants at GoCanada. We can provide you with updated information about Canadian universities for masters, admission requirements, and tuition fees.

Tuition Fee in top universities for masters in Canada in different regions or provinces of the country goes like this:

Toronto: CAD 45, 110
Montreal: CAD 46, 430
Ottawa: CAD 30, 190
Albert: CAD 33, 530
British Columbia: CAD 40, 450

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Both one and 2-year master's programs in Canada for international students involve various other important costs. These include:

TOEFL or IELTS Fee: $250 approximately
GMAT/GRE Fee: International students must submit either GMAT or GRE scores to secure admission into master's programs in Canada. These tests may cost $275 and $228, respectively.
International students also need to pay a non-refundable, one-time application fee, which can vary from one university to another based on the number of Canadian universities they are applying to. This fee may range between CAD 75 and CAD 100.
GIC: GIC or the Guaranteed Investment Certificate is a short-term liquid investment for a year that gives a guaranteed rate of return. All international master's students must buy a GIC for CAD 10,000 before moving to Canada.
Student visa applications in Canada may cost CAD 150.
International students also need to pay a biometric fee of CAD 85.
Health insurance may cost CAD 750 per annum. It will include problems like personal accidents, medical expenses, and dental treatment, which may affect an international student's master's studies in Canada.

So, if you have already chosen a master's program in Canada and need to know the tuition fee, consult the study experts at GoCanada. We can also help you get student loans at lower interest rates and provide 100% scholarship guidance. Connect with us today!

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