How much does it cost? The first step in financial planning is getting an accurate calculation of your costs. If you are planning to study in the arts and social sciences, you should expect to budget about $16,100 per year. If you are interested in one of our professional programs such as engineering or computer science, plan for an additional $500 to $1,000 per year.
Calculating your Expenses |
|
Tuition and ancillary fees* |
$5,289 – $7,395 |
Room and Board**(Double room in residence, includes meal plan, local phone service, and access to the University’s existing computer system, including the internet.) |
$7,485 – $8,190 |
Off-campus living(Estimate based on eight months rent, one bedroom, shared kitchen/bath. Includes utilities and groceries.) |
$7,600 |
Books and Supplies(Varies according to program) |
$1,300 |
Personal Expenses(laundry, entertainment, haircuts, pocket money) |
$2,000 |
Approximate cost for one academic year |
$16,074 – $18,885 |
* International undergraduate student fees range from $14,841 to $17,124 (CDN)
** Residence fees are based on double accommodation
Can someone help me with my budget?
- Interactive Budget Estimator
This tool takes into consideration the money you have now, and the money you expect to receive in the future. It calculates a basic balance sheet that reconciles the cost of education, based on your student category or your choice of living arrangements. It will give you a good idea of your costs for the duration of your program. [more....
- Canadian Bankers Association
Has a guide specifically for students that deals with budgeting, credit use and avoiding money mishaps.
For Parents
- CanLearn Financial Planner for Parents
This interactive tool takes you through the process one step at a time.