
Planning to Study in Canada? Full Guide on Cost, Loans, Universities & Life
Ultimate checklist on universities, costs, study abroad loans, visa guidance, and more to get started on your dream to study in Canada.





Why Canada is a Top Study Destination for Indian Students
Canada is a leading choice for Indian students, with over 320,000 enrolled in recent years. Known for world-class universities, affordable tuition compared to the US and UK, and clear pathways to permanent residency, Canada combines academic excellence with long-term career opportunities.
Post-Graduation Work Permits (PGWP) allows up to 3 years of work after graduation, and the Express Entry system offers a direct path to permanent residency. Canada’s diversity, healthcare, and recognition of Indian degrees make it a strong choice for building your future.
Quick Facts
- Students in Canada can study in English or French, and sometimes both!
- Canadians love maple syrup a lot with many campuses even hosting pancake breakfast days.
- Canadian universities offer courses on making ice creams.
- With more than 150 spoken languages, it’s one of the most multicultural cities in the world and you'll never feel like an outsider.
Universities in the Canada
- All
- Public
- Ivy League
- STEM
- Private
- Engineering
- McGill UniversityCanadaPublicResearchAvg Tuition:C$44,000/year
- Queen’s UniversityCanadaPublicResearchAvg Tuition:C$40,000/year
- University of AlbertaCanadaPublicResearchAvg Tuition:C$38,000/year
- University of British ColumbiaCanadaPublicResearchAvg Tuition:C$49,000/year
How Much Does it Cost to Study in Canada
- Tuition FeesVaries by university type & programC$15,000–C$65,000 per year
- AccommodationOn-campus or off-campus housingC$8,000–C$15,000 per year
- Living ExpensesFood, transport, & personal expensesC$10,000 – C$15,000 per year
Total Estimated Costs
Undergraduate Programs
- Tuition & Fees:C$15,000 – C$45,000/year
- Accommodation:C$8,000 – C$12,000/year
- Living Expenses: C$10,000 – C$12,000/year
- Annual Total: C$33,000 – C$69,000
Postgraduate Programs
- Tuition & Fees:C$20,000 – C$65,000/year
- Accommodation:C$10,000 – C$15,000/year
- Living Expenses:C$10,000 – C$15,000/year
- Annual Total:C$40,000 – C$95,000
Post-Study Work Visa & Job Opportunities
Post-Graduation Work Permit (PGWP)
Within 180 days of finishing the course, you can work full-time while awaiting approval.
It is valid for up to 3 years after graduation
Work Permits & PR Pathways
Canada offers clear routes to Permanent Residency through programs like the Canadian Experience Class (CEC) and Provincial Nominee Program (PNP) for international graduates.
Average Starting Salaries
- Business & ManagementC$55,000/year
- EngineeringC$65,000/year
- HealthcareC$70,000/year
- Computer ScienceC$68,000/year
Life & Culture in the Canada

Campus Life & Internship Opportunities
Canadian universities offer 350+ student clubs, academic societies, and cultural activities. Co-op programs and internships provide hands-on work experience during studies.
Education Loan Options for Canada
Compare Loan Types
INR Loans (Indian Lenders)
- Interest rates start from 8.25%* p.a.
- Max loan amount: Up to ₹1.5 crore
- Collateral and co-borrower often required
- Processing time: 7–14 days
USD Loans (Global Lenders)
- Interest rates start from 3.39%* p.a.
- Covers up to 100% of education costs
- No collateral required
- Processing time: Around 7 days
Why Choose Lorien Finance for Studying in Canada?
- Free loan eligibility check across 17+ lenders
- Higher approval rates with loan matching
- No-collateral loan options
- End-to-end loan application support
- Faster processing time
International Alumni Network of 500+ Students
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Frequently Asked Questions
01How does Lorien Finance help me secure the best education loan?
02What is the maximum loan amount for studying in Canada?
03What documents are required for a study abroad education loan for Canada?
04How does Lorien Finance help me get the best education loan offer?
05Which courses and Canadian universities are eligible for an education loan through Lorien Finance?
06Are there tax benefits available for study abroad loan for New Zealand?
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