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Masters Fees and Funding in Canada – 2022

Masters charges for Canadian students

As a Canadian citizen you’ll profit from substantial authorities funding in larger training. This retains Masters charges comparatively low for home students, at round half the speed paid by worldwide candidates.

In the 2021-22 educational 12 months, the common value of a Masters in Canada was between CAD $9,705 (USD $7,820) and CAD $27,296 (USD $22,000). Your college will normally calculate this complete primarily based on the value of a set variety of instalments (the charges paid for every semester of examine) plus any supplementary prices (equivalent to administrative fees).

Note that particular person Canadian universities set their very own charges and these might differ. Certain diploma programmes may additionally be dearer – significantly these in skilled topic areas equivalent to Medicine. The common value of an government MBA, for instance, is CAD $63,667 (USD $51,310).

If you’d prefer to lookup the price of a selected Masters in Canada, you’ll be able to both take a look at the main points of programs listed on or verify the knowledge offered by particular person universities.

Continuation charges

Most Canadian Masters levels are between one and two years in size. If you exceed the conventional period of your programme you could be charged a unbroken payment for added years of registration. The value of that is normally lower than CAD $1,000 (USD $805), however could also be extra.

Supplementary charges

Most of the value of a Canadian Masters diploma is made up of tuition charges, however universities may additionally levy further fees for administrative prices, companies and assets.

Registration and student companies charges are fairly widespread and usually value lower than CAD $100 (USD $80). Other fees will in all probability rely in your programme and will embrace charges for using laboratories and sports activities amenities, in addition to examination charges.

These supplementary fees could also be included within the marketed worth of your Masters diploma, nevertheless it’s price checking to substantiate this.

Health insurance

As a Canadian citizen you can be coated by the publicly funded Medicare system for many health-related bills. In addition to this, universities might supply their very own student well being insurance, protecting further bills equivalent to dentistry and prescription fees.

The worth of this cowl varies, however is normally between CAD $200 and CAD $300 (USD $160-240). Some establishments might allow you to decide out of their well being insurance, however others will make it a obligatory situation of registration. It may additionally be included in your tuition payment cost. You ought to contact your college for extra info.

Masters charges in Quebec

Quebec organises its larger training system barely in a different way to different elements of Canada, providing discounted charges to native residents.

This implies that its universities function three fee-tiers, with worldwide students paying probably the most, adopted by a decrease fee for Canadian residents and an additional low cost for Quebec residents.

Other elements of the price of a Masters diploma in Quebec (equivalent to continuation charges, well being insurance and supplementary fees) are the identical.

Masters charges for worldwide students in Canada

Canada prides itself on being a traditionally multicultural nation, welcoming students from all over the world. This extends to the worldwide charges for its diploma programmes. International Masters charges in Canada are larger than these for home students, however they’re typically decrease than different main Anglophone examine overseas locations.

On common you’ll be able to anticipate to pay as much as twice the tutoring payment fee of an equal home student, with typical charges between $9,705 (USD $7,820) and CAD $27,296 (USD $22,000)

The common worldwide payment for a graduate programme in Canada is CAD $20,120 (USD $16,270).

Costs will differ between particular person universities and diploma programmes. Like home students, you’ll usually pay extra for skilled topic areas (significantly Medicine).

Whatever your tuition charges, funding for postgraduate examine overseas in Canada is accessible from a variety of sources.

Health insurance for worldwide students in Canada

Health insurance is obligatory for worldwide students in Canada. The following Canadian provinces cowl worldwide students underneath their regular public healthcare plans:

  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Saskatchewan

However, should you’re finding out in Nova Scotia, Ontario, Prince Edward Island or Quebec, you’ll must buy particular worldwide student well being insurance, the price of which is often between CAD $600 and CAD $1,000 per 12 months (USD $485-805).

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The Canadian authorities’s immigration service maintains a web page with particulars of provincial well being ministries.

If doubtful, contact your potential college. They ought to be capable to verify your necessities and most will supply their very own student healthcare.

Other prices

Masters levels in Canada generally incur further prices alongside customary tuition charges. These embrace obligatory fees for administration and student companies in addition to particular course-related bills. Costs received’t normally be larger for worldwide students; anticipate to pay a mean of CAD $955 (USD $770).

The solely further payment that applies particularly to students finding out overseas in Canada is a global utility payment. This is normally between CAD $100 and CAD $170 (USD $78-133), however shouldn’t be required by all universities.

Cost of residing in Canada

The full value of a Masters diploma in Canada additionally consists of lodging and residing bills; it’s vital that you just funds for these upfront and guarantee ample financial savings or funding to help your self whilst you full your diploma overseas.

As a tough information, it is best to funds roughly CAD $12,000 (USD $9,670) per 12 months to cowl your residing prices, excluding tuition charges. This must be ample to cowl lodging, meals and journey bills. See our information to residing as a Masters student in Canada for extra info.

Grants for Canadian Masters students

Canada’s substantial funding in larger training implies that grants are doubtlessly accessible to home students in any respect ranges of examine – together with Masters levels.

Both the Canadian federal authorities and native provincial or territorial authorities award grants to students. Where you apply for funding will rely in your regular province of residence (you’ll be able to verify this utilizing the checklist above).

Canada Student Grants

The federal authorities awards its personal Canada Student Grants to Masters students in line with need-based standards.


Canada Student Grants for Masters students can be found in all Canadian provinces and territories, except for the Northwest Territories, Nunavut and Quebec. These function their very own grant methods.

Grant quantities

The sum of money you’ll be able to obtain with a Canada Student Grant is determined by your assessed monetary want. Depending in your monetary circumstances, you can obtain a most of CAD $750 (USD $604) monthly (word this determine applies quickly till the tip of July 2023, and has been elevated in response to the Covid-19 pandemic). Grants for disabilities or dependents can present various or further funding in line with your wants.


Applications for Canada Student Grants happen concurrently with functions for Canada Student Loans. Your wants will probably be assessed and probably the most applicable kind of economic help will probably be provided. This can mix grants and loans; for instance, your grant could also be topped up with an extra loan in line with your wants.

You can view info on the several types of grant accessible, together with quantities and earnings thresholds, on the Canadian authorities’s web site.

Provincial and territorial grants

The Northwest Territories, Nunavut and Quebec don’t take part within the Canada Student Grants programme (or the Canada Student Loans programme).

This doesn’t imply that students from these provinces and territories can’t apply for a grant to review a Masters in Canada. Instead, every gives their very own student grant programme.

Grant quantities, eligibility standards and functions procedures will probably be broadly much like these for the Canada Student Grants programme, however should still differ barely between the three provinces and territories.

For extra info, seek the advice of the web site of the student finance authority in your province or territory bg-white shadow-sm border rounded p-3 w-100:

Loans for Canadian Masters students

If you don’t qualify for a grant, or if the grant you obtain is inadequate to cowl the complete value of your Masters diploma, you could possibly obtain a student loan.

There are two essential sorts of student loan accessible for Masters levels in Canada: the Canadian authorities’s nationwide Canada Student Loans scheme and various schemes provided by native provincial or territorial student finance our bodies.

The kind of loan you apply for will rely upon the Canadian province or territory bg-white shadow-sm border rounded p-3 w-100 through which you might be usually resident (not that through which you might be making use of to review).

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Canada Student Loans

Canada Student Loans are awarded by the Canadian federal authorities. They present need-based finance for students in any respect ranges of college examine, together with Masters levels.


Canada Student Loans can be found in 10 of Canada’s 13 territories (Quebec, Nunavut and the Northwest Territories are solely coated by their very own student loan methods).

Regardless of the system utilized in your province, your Canada Student Loan will probably be dealt with by the National Student Loans Service Centre (NSLSC).

Eligibility standards

In order to be entitled to a Canada Student Loan you need to:

  • Be a Canadian citizen (or in any other case have the best to reside and stay in Canada).
  • Be a everlasting resident of a province or territory bg-white shadow-sm border rounded p-3 w-100 through which the Canada Student Loans system is obtainable.
  • Be finding out on a full-time or part-time foundation at a recognised college.
  • Demonstrate monetary want. Amounts for Canada Student Loans are calculated utilizing need-based standards. The quantity you’ll be able to borrow will take into consideration your financial circumstances and background.
  • Pass a credit verify in case you are over 22 and haven’t beforehand taken out a Canada Student Loan.

Payment of loan instalments in successive years of your programme may additionally rely in your making passable educational progress.

Loan quantities

Canada Student Loans don’t award a set quantity to all students.

Instead loans are need-based, considering your private background and monetary circumstances. Other elements might embrace your mode of examine, the province or territory bg-white shadow-sm border rounded p-3 w-100 you might be finding out in and the precise value of your course (along with related bills).


Applications procedures for Canada Student Loans differ barely between taking part provinces and territories. You can verify the Canadian authorities’s utility information to seek out out what course of applies in your case.

Repayments and rates of interest

Unlike student grants, Canada Student Loans should ultimately be repaid in full. (Note that this is applicable even when you don’t full your Masters diploma.)

There are three essential durations concerned in your loan:

  • During your programme your loan is interest-free and repayments should not required.
  • Upon completion (or termination) of your programme the interest-free interval in your loan will finish and curiosity will start to be charged in your loan debt.
  • Six months after you full or exit your programme you can be required to start repaying the loan precept and any curiosity it’s accruing.

Interest charges for Canada Student Loans could also be both fastened or variable. You can learn extra about present charges on the Canadian authorities’s web site.

Provincial and territorial loans

Some Canadian provinces and territories supply their very own separate student loans methods. These could also be accessible alongside, or as an alternative of, the federal authorities’s Canada Student Loans.

Provincial and territorial loan methods function barely in a different way from the federal authorities’s Canada Student Loans and from one another.


Seven of Canada’s provinces and territories supply their very own student loans:

  • In Alberta, Manitoba, Nova Scotia and Prince Edward Island, provincial and territorial loans are provided alongside the federal authorities’s Canada Student Loans.
  • In the Northwest Territories, Nunavut and Quebec, provincial and territorial loans are the solely student loans accessible.

Eligibility standards

Exact eligibility standards differ barely for various provincial and territorial loans methods. However, you’ll be able to usually anticipate the next necessities to use:

  • You will have to be a Canadian citizen or have the best to reside indefinitely in Canada.
  • You will have to be a everlasting resident of the province awarding the loan. This doesn’t essentially imply you will want to be finding out in that province.
  • You will have to be finding out at an establishment recognised by the provincial or territorial authority you apply to. This doesn’t imply that the establishment should be inside that province.
  • You might must show monetary want.
  • The complete quantity you’ll be able to borrow could also be topic to a cap or lifetime restrict, shared with earlier ranges of examine.
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Further info

The utility course of, calculation strategies and reimbursement standards for Masters loans differs between particular person Canadian provinces and territories.

The finest method to discover extra info is due to this fact to go to the webpage of the student finance physique in your province or territory bg-white shadow-sm border rounded p-3 w-100 of residence:

Masters funding from Canadian analysis councils

Government grants and loans aren’t the one type of funding accessible to you as a Masters student in Canada.

Like the UK, Canada operates publicly funded analysis councils, offering help for educational work in particular fields. Their obligations embrace offering help to future researchers – such as you!

Most postgraduate funding from Canadian analysis councils is directed at PhD-level analysis, however some programmes can be found particularly for Masters students:

  • The Canada Graduate Scholarships-Masters Program is obtainable by Canada’s three essential analysis councils, in collaboration. It gives merit-based help for as much as 3,000 Canadian students every year, finding out postgraduate programs at eligible Canadian larger training establishments. A broad vary of topic areas are supported, together with some skilled {qualifications}.
  • The Accelerate Program gives alternatives for fully-funded, four-month analysis and improvement business-oriented internships for Masters students. Domestic and worldwide students are eligible.

Other Masters scholarships from the Canadian analysis councils may additionally be periodically accessible. You can verify for these on the person web sites of the Natural Sciences and Engineering Research Council, the Social Sciences and Humanities Research Council and the Canadian Institute of Health Research.

Masters funding for worldwide students in Canada

As a global student in Canada you received’t be eligible for a similar public funding as home postgraduates. This means you received’t usually be capable to apply for loans or grants (although some analysis council funding could also be accessible).

Don’t fear although – there’s loads of different funding accessible for worldwide Masters students in Canada. In truth, a number of scholarship programmes exist purely to draw and help postgraduates finding out abroad at Canadian universities.

Scholarships administered by Global Affairs Canada and provinces / territories

Global Affairs Canada (GAC) is the Canadian authorities division that oversees its overseas affairs. GAC maintains and administers all kinds of worldwide scholarships from the Canadian authorities and different suppliers (together with the Canadian analysis councils).

You can view a listing of the scholarships provided by Global Affairs Canada on their web site. Note that not all the choices introduced will probably be relevant to Masters students.

In some circumstances, provinces and territories supply funding for proficient postgraduates seeking to examine in Canada. You can discover out extra by contacting the suitable Department of Education or by looking at GAC’s checklist of provincial and territorial awards for foreigners.

Funding from worldwide partnerships

Canada maintains educational change programmes and educational partnerships with varied nations all over the world. If your nation is included in these, you could possibly apply for funding to review a Masters overseas in Canada:

  • The Agence Universitaire de la Francophonie (AUF) is a community of francophone larger training suppliers all over the world. If your nation is a member, you could possibly apply for a bursary to review a Masters in Canada for as much as 10 months.
  • Fulbright Canada helps training change between Canada and the USA, together with funding for US students to review overseas in Canada.

Scholarships and change programmes could also be provided in different nations. You could possibly discover out about accessible alternatives by contacting the Canadian embassy or consulate in your regular nation of residence. View an official checklist of worldwide Canadian embassies and consulates.

International scholarships from particular person Canadian universities

Some Canadian universities supply their very own Masters scholarships to assist them recruit prime quality worldwide postgraduates.

The availability of those varies between establishments. The finest method to discover out what’s accessible to you could due to this fact be to verify the knowledge revealed by particular person universities.

Alternatively, you should utilize our course search to discover a particular Masters programme in Canada after which get in contact to inquire about worldwide scholarships – all the programs listed on have contact particulars and lots of additionally embrace particulars of obtainable funding.