A shock to Indian students dreaming of studying in Canada!… The fee will be more than 1 crore… – News-Patiala Punjabi

Abroad Education : There is great news for Indian students dreaming of studying in Canada. According to a recent report by ApplyBoard, the average cost of a four-year degree in Canada for international students now exceeds 177,000 Canadian dollars (CAD). In Indian rupees, this cost could be over ₹10.8 million (about $10.8 million). When accommodation and visa costs are added, the figure will reach close to ₹1.5 crore.

This rising cost is a cause of concern for middle class families who want to send their children abroad in hopes of a better future. This report clearly shows that students considering moving to Canada will need to do more rigorous financial planning and scholarship now than ever before. In recent years, Canadian universities have significantly increased their fees for international students to compensate for government funding cuts. Housing and daily living costs in Canada are also skyrocketing.

Study, live, eat in Canada… most expensive…

Students who used to work cheaply in Canada, now have to spend more on accommodation and food. According to the report, the figure of $177,000 CAD covers the entire journey from landing in Canada to completing the degree. This means that not only tuition fees but also everything like rent, electricity, water, internet and transportation have become more expensive. Now, students will prefer places or courses where the cost is lower, or they will try to find good scholarships or financial aid.

Not just the tuition fees, the whole package is expensive…

A recent report by ApplyBoard states that the average cost of $177,000 CAD (approximately ₹1.08 crore) is not just college fees. It also covers a student’s living expenses for the entire four years. The cost of living in Canada (especially in big cities like Toronto or Vancouver) is rising rapidly. According to the report, apart from tuition fees, the cost of living in hostels or PGs and lifestyle also contribute significantly to this high figure.

Why is education becoming expensive in Canada?

Rising tuition fees: Canadian universities are placing more burden on international students than domestic students. Students from other countries have become a major source of income for them.

Housing Crisis and Inflation: Affordable housing for students in Canada has become difficult. Rents have increased significantly, and general inflation has also increased the cost of food, beverages, and travel.

What should Indian students do?

• If you want to study in Canada, these tips may be helpful:

• Early Planning: Start your financial planning at least four years in advance.

• City Choice: Consider affordable cities like Quebec or Manitoba rather than expensive cities like Toronto or Vancouver.

• Focus on scholarships: Work hard for major scholarships or graduate assistantships.

• Part-time work: Understand opportunities and regulations for part-time work while studying in Canada. This may cover some expenses.