Cost of Canada Study Visa: How Much Money is Needed

Canada Study Visa

The opportunity to receive an education of world-class standard and to immerse oneself in a cultural landscape rich in variety makes studying in Canada a dream come true for many students.

However, before starting this journey, it is extremely important to have a thorough comprehension of the financial commitment required to obtain a study visa in the destination country. There are a lot of different things to think about, from registration fees to living expenses. This article will provide a comprehensive breakdown of the costs associated with obtaining a study visa in Canada, allowing you to make an informed decision and make appropriate preparations.

This guide will provide you with the information you need to develop a precise budget for your study visa journey, regardless of whether you have just begun your research or are already in the planning stages.

Importance of planning the budget for Study Visa

Budgeting for a study visa in Canada is absolutely essential for several reasons:

  • Financial stability: Studying abroad can be costly, and it is important to know the costs involved in order to avoid financial stress and strain.
  • Accurate Budgeting: By accurately budgeting, you can ensure that you have enough money to cover all expenses related to your studies, such as tuition, living expenses, insurance, and miscellaneous costs.
  • Avoiding Overdrafts: Proper budgeting can help you avoid overspending and falling into debt, allowing you to focus on your studies without having to worry about money.
  • Prepare for Emergencies: Creating a budget will also help you plan for any unexpected expenses that may arise during your studies, such as medical bills or travel expenses.
  • Achieving Goals: Budgeting allows you to effectively allocate your resources toward your goals, such as paying for tuition or saving for future expenses, and keeps you on track to meet your objectives.

How Much Money is Need For Canada Study Visa?

Canada is a popular destination for international students seeking a high-quality education. Canada not only provides high-quality education, but it also provides several options for those who wish to stay in the country after completing their degree.

Canada Student Visa Fees

The cost of applying for a study visa in Canada varies depending on the individual's situation and the program to which they are applying. 

A study permit application fee is typically around CAD$150. Even if the application is denied, this fee is non-refundable.

It is absolutely essential to confirm application fees and requirements with the specific educational institution and government agency, as they may change over time.

Other costs associated with the study visa process, such as the cost of obtaining medical exams, police certificates, or language proficiency tests, may be in addition to the application fee.

Cost of Living Expenses

The cost of living in Canada varies depending on location, but students should budget between CAD$10,000 and CAD$15,000 per year on average. Housing, food, transportation, and personal expenses are all included.

  1. Housing costs vary greatly in Canada depending on the location and type of accommodation. A one-bedroom apartment in a major city can cost anywhere from CAD$800 to CAD$1,500 per month or more.
  2. Food prices in Canada vary according to personal eating habits and where you live. Students can expect to spend approximately CAD$200 to CAD$300 per month on food.
  3. Transportation costs in Canada vary depending on whether you own a car, take public transportation, or walk/bike. A monthly transit pass in a major city can range between CAD$100 and CAD$150.
  4. Personal expenses, such as entertainment, clothing, and personal care, can quickly add up. It is recommended that you set aside between CAD$200 and CAD$300 per month for these expenses.

Tuition Fees

Tuition fees in Canada vary according to the type of institution and program.

  • Universities: Tuition fees at Canadian universities can range from CAD$6,000 to CAD$30,000 or more per year, depending on the program and institution.
  • Colleges: College tuition fees in Canada are typically lower than university tuition fees, ranging from CAD$2,000 to CAD$15,000 per year.
  • Language Schools: Language school tuition fees in Canada can range from CAD$10,000 to CAD$20,000 or more per year, depending on the length of the program and the institution.

It should be noted that these fees are subject to change, and that international students are generally required to pay more than local students. 

It is best to check with the specific institution for the most up-to-date tuition fees and requirements.

Processing Time for the Canada Student Visa

The processing time is the time it takes the CIC to process a visa application. It begins when the aspirant submits the application and ends when the decision is made. 

As a result, there is no set time frame for processing a Canada study visa application. It usually takes about 12 weeks.

Study Permit Renewal

Students must have a valid study permit to stay in Canada. If your study permit expires before the completion of your studies (program), you must apply for a study permit renewal. You should ideally apply at least 30 days before your current permit expires. Candidates can send their applications by mail or online.

Saving and Budgeting Tips

When planning a study visa in Canada, it is important to properly budget and save in order to cover all costs associated with the process. Here are some simple tips to help you save and budget wisely:

  • Create a budget: Create a detailed budget that includes all expected expenses such as tuition, living expenses, transportation, and personal expenses. This will allow you to keep track of your spending and ensure you have enough money to cover all of your expenses.
  • Begin saving as soon as possible: The sooner you begin saving, the more time you will have to build up your savings and the better prepared you will be for any unexpected expenses.
  • Look for scholarships and bursaries: Scholarships, bursaries, and financial aid may be available to help with tuition and living expenses. To help offset costs, research and apply to as many as possible.
  • Consider working part-time while studying in Canada: If possible, consider working part-time while studying in Canada to help cover living expenses and gain valuable work experience.
  • Live frugally: Frugal living entails looking for ways to save money on daily expenses such as housing, food, and transportation. To save money, consider sharing housing or taking public transportation.
  • Cost comparison: Compare the prices of various institutions, housing options, and transportation options to find the most affordable options.


Finally, a Canadian study visa can be expensive. Budget and plan for tuition, living, application, and visa fees. Start saving early, research scholarships and bursaries, consider part-time work, live frugally, and compare costs to ensure you can afford your Canadian study visa.

Remember, the cost of obtaining a study visa in Canada can vary greatly depending on individual circumstances, so research and plan accordingly to have a successful study abroad experience.

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