According to the federal government and the institutions of higher education, it is a fact that you’re Canadian in the sense of studying in Canada. There’s a significant difference between learning in Canada as a permanent resident and being a student from abroad. As a permanent resident, you pay the same tuition rates at a lower cost than a Canadian citizen. The government will take care of the bulk of your costs.
Although they can also get an excellent education in Canada, international students don’t have the same advantages regarding tuition (even though it’s likely to cost less than studying in a different country).
Let’s examine these tuition rates at three of Canada’s most famous and well-known colleges.
Therefore, if you wish to pursue a degree in science at the University of British Columbia as a Permanent Canadian resident, for example, you’ll pay about $5,000 per year in tuition fees, less than the almost $38,000 you had paid before you were a permanent resident.
Do you want to pursue a degree in Psychology at the University of Toronto? This is less than $700 per year for a permanent resident and less than the $45,000-50,000 annual figure for being an international scholar.
Similar distinctions occur across many study options and at almost every college and university across Canada.
Learning in Canada as a permanent resident: additional benefits
There are also opportunities for costs. It’s excellent that taking classes in Canada is currently around eight times less expensive than before you were permanent residents. However, five or six thousand dollars annually is enormous, and you’ll likely need to leave work to participate in your studies with seriousness.
Then why is it?
A recent study conducted by Times Higher Education, which surveyed 6,000 businesses worldwide regarding which universities produce graduates that were “best graduates in terms of employability” in their respective countries and overseas, discovered the following: Canadian universities are providing students with the abilities employers require, specifically in the fields of computing, business and engineering, which comprised 80 percent of the industries that were surveyed.
Instead of focusing on cost, let’s think about the value of the possibility of studying in Canada as permanent residents for an opportunity to invest in the safest chance to be You.
Below, the data taken from the Canadian census shows the median annual incomes of males and females aged between 25 and 64 who worked full-time and for a whole year as employees paid and broken down by degree of education. (It’s reasonable to say that Canada, as well as the rest of the globe, still has a way to move before gender equality in pay is possible. However, it is making progress.)
| High school diploma | Apprenticeship certificate | College diploma | Bachelor’s degree |
|---|---|---|---|
Women | |||
| $43,254 | $38,230 | $48,599 | $68,342 |
Men | |||
| $55,774 | $72,955 | $67,965 | $82,082 |
For an investment of just a few thousand dollars, you could earn back that investment every year.
The option of studying in Canada as a permanent resident is not only a decision for economic reasons. It is also a social one, of course. It is also possible to take advantage of the opportunity and meet connections and friends throughout the process!
