According to the Canadian news website “CIC News”, even though the cost of living for international students in Canada will increase from 2024 (The new cost of living requirement is $20,635, added to the value of the first annual tuition fee for studies and travel costs), the country is in line with spending in other popular study destinations such as New Zealand and Australia.
When comparing study costs in other global destinations, Canada stands out as a more affordable option. Countries like Australia and New Zealand require similar amounts for living expenses. The required demonstrable funds for expenses when studying in Australia equate to approximately $21,826 CDN, and $20,340 CDN to study in New Zealand. Living expenses are similar when studying in England, ranging from $15,680 CDN to $20,447 CDN.
The favorite country for international students
Despite these differences, the Canada consistently maintains its position as a preferred destination for international students. An IDP Education survey carried out in March 2023 revealed that more than 25% of respondents chose Canada as your main study destination among four main countries.
The reasons for this preference are diverse:
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Renowned Educational System: Canadian universities and colleges are recognized among the best globally, providing high-quality education across a wide range of programs and courses.
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Extensive Financial Support: The Canadian government and educational institutions offer several scholarships, grants and financial aid opportunities for international students. These options are based on academic merit, financial need, or specific criteria related to the student's field of study. International students also have access to Canadian public healthcare from the fourth month in the country, having to pay only approximately CAD $75 per month (varies from province to province).
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Job opportunities: A significant advantage for international students in Canada is the work permit during the academic semester, allowing up to 20 hours of work per week. This not only provides professional experience but also contributes to students' income. And those who are going to study in the country with their family also have benefits such as free public school (for children over 5 years old) and full-time work permission for the spouse. O networking in the job market is also one of the advantages, especially for those who choose courses called “co-op”, in which you study one period and, in the next, work in a local company (paid internship) in the area of study .
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Postgraduate Programs and Professional Experience: Canada offers several work permit programs after graduation, such as the Post-Graduation Work Permit (PGWP), allowing students to gain valuable experience after completing their studies and to stay longer in the country after graduating (from 1 to 3 years). This experience is crucial when applying for Canadian permanent residency.
With all these benefits, the BFF Canada is ready to help at all stages of your process, from the initial consultation to obtaining the visa. Whether for immigration or exchange, we are here to make your journey to Canada a hassle-free experience. Explore the countless opportunities Canada offers and count on us to guide you every step of the way. Your future in Canada starts here with BFF Canada!
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