Can I Afford to Study in Canada?
Calculate complete Year 1 tuition, living expenses, visa fees, and realistic part-time earnings converted into NPR.
Your InputsNPR Conversions
Current bank deposit, loan approval, or liquid funds ready for Year 1.
Amount parents or sponsors in Nepal will send monthly.
Calculated at realistic ~16.5 CAD/hr wage with a 30% buffer for exam periods.
Funding Gap for Canada
Estimated Year 1 Total Expenditure: NPR 47,18,610
Year 1 Financial Summary
Monthly Living Breakdown~1,825 CAD/mo
Upfront One-Time Costs
Studying in Canada: Tuition, Living Costs & IRCC Study Permit Proof of Funds
Canada offers high academic standards, welcoming immigration policies, and 3-year Post-Graduation Work Permits (PGWP). However, accurate financial planning is critical given recent IRCC policy updates.
Average tuition for international Masters students ranges between CAD 18,000 and CAD 36,000 per year. Effective January 2024, IRCC increased the cost-of-living financial requirement for single study permit applicants to CAD 20,635 per year (purchased via GIC) in addition to first-year tuition.
Students holding a valid study permit are allowed to work up to 20 hours per week off-campus during regular academic sessions and full-time during scheduled breaks. Minimum hourly wages range from CAD 15.00 to CAD 17.50 depending on the province.
Frequently Asked Questions
Next Step: Review Document Checklist
Got your budget calculated? Check out the step-by-step document checklist for Canada admissions & visa.