UNIT 5



Post-secondary education is expensive. However, you benefit in that you will gain knowledge and skills that, in turn, will help you become more employable and eligible for higher-paying jobs.

The typical costs for one year of education in Canada as a single student without children are below:

Tuition $4050 - $8730
Books and Supplies $1307 - $1707
Mandatory Fees $611- $1275
Living Expenses (Living with Parents) $2000 - $4000
Living Expenses (Living Independently) $9000 - $11200

To fund your education, there are a number of different sources including:

  • Savings
  • Working Part-Time
  • Internships or Apprenticeship Programs
  • Scholarships and Bursaries
  • Government Student Loans
  • Student Lines of Credit from Banks
  • Grants