Since 2019, the average cost of tuition has increased by 9.4%
Average Yearly Tuition Increases for Undergraduate Canadian Students
| School year | 2019/2020 | 2020/2021 | 2021/2022 | 2022/2023 | 2023/2024 |
|---|---|---|---|---|---|
| Tuition (CAD) | 6468 | 6580 | 6660 | 6872 | 7076 |
For the average undergrad student living off-campus, the total cost of living is typically around $20,000 per year.
For students living at home, it's cheaper, but for international students it's much more expensive since they pay more than five times as much for tuition.
Approximately
$20,000
Breaking down the total average annual cost of a post-secondary education in Canada
With the current cost of education outpacing the cost of living, students are finding it harder to save enough for necessities such as transportation, housing, tuition and groceries.
What Barriers Do Low-Income Post-Secondary Canadian Students Face?
Sources:
Rising income inequality, inflation, and escalating costs of post-secondary education pose significant barriers to accessibility for students pursuing higher education.
77%
Of students struggle to afford all necessary expenses throughout the school year.
30%
Of students have contemplated dropping out of college or university due to overwhelming financial constraints.
| Rent | 40 |
|---|---|
| Tuition | 34 |
| Groceries | 8 |
| Food on campus | 5 |
| Commuting | 6 |
| Course materials | 4 |
| Other | 3 |
of students work to pay for school
The majority of these students find it hard to balance work and school at the same time - as a result, financial stress also affects academic performance.
66%
| % | |
|---|---|
| Lorem | 66 % |
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