15 Most Affordable Universities in Canada

Canada is the world's second-largest country, with the largest coastline towards the north pole. Canada largely experiences cold and windy climates. With a handful of natives and low population density, it is an attraction point for immigrants. Additionally, There are various affordable universities in Canada, for which the country is widely known apart from its renowned courses. Numerous international students study in Canada for various reasons, including affordable and high-quality instruction, a distinctive course curriculum, a multicultural environment, and abundant career opportunities. 

Why Choose Canada for Affordable Higher Education

Affordable universities in Canada offer significant advantages. Canada is known for its safe and welcoming environment for international students and provides the least expensive universities in Canada and a reduced cost of living compared to popular study destinations like the US, UK, and Australia. Furthermore, Canadian universities are globally recognized and deliver high-quality education. Studying in Canada has several unique benefits:

1. Dynamic and Diverse: The number of international students in Canada is rapidly increasing.

2. Co-op Education: Learning extends beyond the classroom with Canada’s Co-op programs, offering students full-time, multi-term, paid work placements.

3. Student Benefits: While studying, you can work part-time, participate in Co-op programs, and work for up to three years after graduation.

4. Top-Tier Institutions: Canada boasts 30 universities ranked internationally (THE World University Rankings 2021).

5. Safety and Support: Comprehensive support services are available, including security, academic assistance, health care, and social services.

Best Top 15 affordable universities in Canada 

Canada is a popular go-to destination for education. If you are confused about the intakes in Canada or which is the cheapest university in Canada? then don’t stress over it anymore, just remember that there are the least expensive universities in Canada, offer interesting courses, and guarantee a good employment rate. Below is a well-curated list of the top 15 affordable universities in Canada with their annual tuition, popular courses, and locations.

1. University of Saskatchewan

Q.S. World Ranking: 345

Tuition Starts From: 8,346CA$-94,890CA$

Location: Saskatchewan

Popular Courses: B.Sc in Biomedical Neuroscience and Computer Engineering, M.Sc in Computer Science, and M.Com

Another public research university founded in 1907 is in Saskatchewan city of Saskatoon. It is said to be one of the least expensive universities in Canada. The university is a member of the U15 group and has developed into one of the most affordable universities in Canada. The university is home to over 22,000 students in total. The eligibility criteria for international students are mainly IELTS and academic scores. It is one of the best computer science schools in Canada. 

2. University of Guelph

Q.S. World Ranking: 486

Tuition Starts From: 20,512CA$-54,589CA$

Location: Guelph

Popular Courses: MBA, B.Sc Computer Science, B.A. in Art History

The University of Guelph is also regarded as one of the most affordable universities in Canada for international students in 2023; the institution offers a wide range of programs, including certificate, master's, doctorate, and undergraduate programs. The acceptance rate is around 66%, with 15.1 % of the international-student ratio. The university's motto is subtle and factual: "to learn the reasons of realities". The number of scholarships the institution provides makes it one of the cheapest colleges in Canada. To find out more about information scholarships, read our blog on Canadian scholarships for Indian students.

3. Simon Fraser University

Q.S. World Ranking: #318

Tuition Starts From: 1,555CA$-71,345CA$

Location: Surrey, Burnaby, Vancouver

Popular Courses: B.A. in Health Sciences, BBA, M.Sc in Applied Mathematics

Along with being one of the most affordable universities in Canada, Maclean's magazine has ranked it as Canada's best comprehensive university. There are over three campuses, over 30,000 undergraduate students, and 5,700 graduate students. The university's acceptance rate is 59%, with an 86.3% international-student ratio. The university is not only one of the most affordable universities in Canada but also a center for research and innovation.

4. University of Winnipeg

Tuition Starts From: 2,500CA$-22,450CA$

Location: Winnipeg

Popular Courses: BBA, MBA, B.Sc in Chemistry, M.Sc in Applied Computer Science

The University of Winnipeg fosters global citizens and unites people from all cultures through its dynamic campus and strategic position in the city. In national surveys, the University of Winnipeg frequently receives excellent marks for its overall reputation, small class numbers, academic excellence, and dedication to the environment. The university is considered one of cheap universities in Canada for international students in 2023, with an acceptance rate of 75%.

5. University of Montreal 

QS Ranking: 141

Tuition Starts From: 21,786-CA$

Location: Montreal

Popular Courses: MSc. Management, Computer engineering, MBA

The University of Montreal is a French-speaking public university among other affordable universities in Canada. The University of Montreal is a tad bit expensive because it's a Leading research institution. It is one of the biggest university complexes in North America because of its affiliated schools, Polytechnique Montreal (engineering) and HEC Montreal (business). The university accepts IELTS, TOEFL, GMAT, and GRE for its programs and has an acceptance rate of 57%. It is said to be one of the most affordable universities in Canada. 

6. University of Northern British Columbia

QS Ranking: # 781-790

Tuition Starts From: 5,198CA$-23,661-CA$

Location: Prince George

Popular Courses: Bachelor of Applied Science, B.Com, MBA

Along with being one of the most affordable universities in Canada, it is also one of the top minor universities. They are passionate about teaching, research, people, the North, and the environment. UNBC offers excellent undergraduate and graduate study opportunities in culture, economics, health, research, and the environment. Due to its distinctive price structure, the University of Northern British Columbia (UNBC) is one of the cheapest colleges in Canada, with an acceptance rate of 75% and an international-student ratio of 40%. University of British Columbia tuition fees are very reasonable. Hence, it is one of Canada low cost university. 

7. Brandon University

Tuition Starts From: 10,304CA$-13,660CA$

Location: Manitoba

Popular Courses: B.A. in Music, M.Sc in Business and Accounting, B.Sc in Chemistry

The tuition costs at Brandon University are significantly lower than those at other Canadian universities, making it one of the most affordable universities in Canada. The institution is proud of its many research endeavors. The campus life at Brandon University is very active, with numerous clubs and groups run by students that host activities all year round. As one of the most affordable universities in Canada, the acceptance rate is 66.47%, with about 3,375 undergraduate and graduate students enrolled, both full- and part-time.

8. University of Calgary

Q.S. Ranking: # 182

Tuition Starts From: 1,880CA$-6,867CA$

Location: Calgary

Popular Courses: B.Sc in Geography, M.Sc in Accounting, M.Sc in Software Engineering

Along with being one of the most affordable universities in Canada, the University of Calgary, one of the top 10 research universities in Canada, is home to 73 Canada Research Chairs tackling society's most pressing and new problems. It has a 94% employment record after graduation and is renowned for its work-integrated learning. As one of Canada's cheapest colleges, the University of Calgary has an acceptance rate of 63%, with an employment outcome of 40%.

9. University of Ottawa

Q.S. World Ranking: 203

Tuition Starts From: 19,084CA$-47,156CA$

Location: Ottawa

Popular Courses: M.Sc in Innovation and Entrepreneurship, B.Sc in Biochemistry, BBA

Being one of the most affordable universities in Canada, it is home to over 40,000 students studying various courses at the graduate and undergraduate levels. Another spectacular aspect of this university is the faculty has contributed vastly towards research on issues faced in society, and their commitment to learning is the reason the University of Ottawa is receiving more and more acclaim for its quality in academics and research, as well as for its positive impact on the region and the nation as a whole. As one of the affordable universities in Canada, the acceptance rate is about 35% which is pretty competitive, and an international research network reach of 85.8%.

10. Concordia University

Q.S. World Ranking: 387

Tuition Starts From: 1,813CA$-75,801CA$ 

Location: Montreal

Popular Courses: B.Com, B.Eng in Aerospace, Master of Supply Chain Management

The University of Concordia is not only one of the most affordable universities in Canada, but Concordia's John Molson School of Business is one of Canada's top 10 business schools. According to U.S. News & World Report, Concordia University Irvine is the 178th-best national university in 2022–2023 Best Social Mobility. Among the affordable universities in Canada, the acceptance rate of the University of Concordia is 81%, with a good employment outcome and international-student ratio of 89%.

11. University of Regina

Q.S. World Ranking #801-1000

Tuition Starts From: 4905CA$-98,580-CA$

Location: Regina, Saskatchewan

Popular Courses: Bachelor of Business Administration (BBA), Bachelor of Science in Engineering, Bachelor of Arts in Psychology

The University of Regina is a prominent institution known for its commitment to providing high-quality education and fostering research excellence. Established in 1911, it offers a wide range of undergraduate and graduate programs across various disciplines. Provides exceptional post-secondary education to over 16,700 students and boasts a network of more than 90,000 alumni. Our graduates are making a significant impact both in Saskatchewan and globally. It is said to be one of the cheapest university in Canada. 

12. Trent University

QS World Ranking: #601-650

Tuition Starts From: 22,944CA$-34,814CA$

Location: Peterborough, Ontario, 

Popular Courses: Bachelor of Arts, Bachelor of Science, Bachelor of Business Administration (BBA)

Trent University, established in 1964, is known for its strong commitment to liberal arts education and its unique college system, which fosters a close-knit community among students and faculty. The university offers a diverse range of undergraduate and graduate programs, emphasizing experiential learning and research opportunities. It is also known as Canada low cost university.  Trent University is dedicated to providing students with the skills and knowledge needed to make meaningful contributions to their fields and communities.

13. LaSalle College

Tuition Starts From: 32,719CA$

Location: Montreal, Quebec

Popular Courses: Fashion Design, Interior Design, Graphic Design, Culinary Arts

Established in 1959, LaSalle College is a leading private institution in Montreal known for its specialized and vocational programs. It offers a range of diploma and degree programs across diverse fields such as fashion, design, culinary arts, and business. The college emphasizes practical, hands-on training and industry connections, equipping students with the skills needed to excel in their chosen careers. LaSalle College’s location in Montreal provides students with access to a rich cultural scene and numerous professional opportunities. It is one of the cheapest university in Canada. 

14. University of Prince Edward Island (UPEI)

Tuition Starts From: 2,363CA$-7,815CA$

Location: Charlottetown, Prince Edward Island

Popular Courses: Bachelor of Business Administration (BBA), Bachelor of Science in Environmental Studies, Bachelor of Education (BEd), Bachelor of Arts

Founded in 1969, the University of Prince Edward Island (UPEI) is said to be one of the cheapest university in Canada, which is also known for its commitment to providing a high-quality education within a supportive and personalized environment. UPEI is dedicated to fostering academic excellence, research innovation, and community engagement, making it an appealing choice for students seeking a well-rounded and impactful educational experience.

15. Carleton University

QS World Ranking: #601-650

Tuition Starts From: 13,500CA$-39,929CA$

Location: Ottawa, Ontario

 Popular Courses: Bachelor of Arts, Bachelor of Commerce, Bachelor of Engineering

Founded in 1942, Carleton University is known for its comprehensive range of undergraduate and graduate programs and its emphasis on research and experiential learning. Located in Ottawa, the university benefits from its position in Canada’s capital, providing students with unique opportunities for internships and networking in the public and private sectors. Carleton University is recognized for its supportive community, modern facilities, and commitment to fostering a diverse and inclusive campus environment. It is one of the most affordable university in Canada.

Scholarships and Financial Aid for International Students

Canada offers a range of scholarships for international students, aimed at making education more accessible and affordable. These scholarships are provided by various entities including Canadian universities, the Canadian government, and private organizations. For example, the Vanier Canada Graduate Scholarships are awarded by the federal government to doctoral students who demonstrate leadership skills and a high standard of scholarly achievement. Private organizations and foundations offer financial support to help international students with various aspects of their education. The coverage of these scholarships varies, with some covering partial expenses and others offering substantial financial support to ease the overall cost of studying in Canada. One notable option is the amber Scholarship, which supports international students by offering financial aid to help cover their tuition fees and living expenses. This scholarship is part of amber’s broader mission to assist students in finding suitable accommodation and funding opportunities abroad. 

Cost of Living in Canada

When planning to study at a top university in Canada, the cost of living is a crucial factor for international students considering Canada. On average, international students in Canada can expect to spend around CAD 1,448 (approximately USD 1,070) per month on living expenses, which covers necessities such as food, transportation, and other miscellaneous costs.

However, the cost of living can fluctuate based on several factors, including the city of residence, lifestyle choices, and personal preferences. For instance, living expenses in major cities like Toronto or Vancouver are generally higher compared to smaller cities such as Halifax or Winnipeg. Here is a table highlighting the average monthly expenses for a student in some major cities:

Canada is a hub for educational studies and is known for cheap universities in Canada, with several universities renowned for research initiatives, knowledgeable courses, and affordability. 

However, it is a must to do your research on particular universities and their courses. Here is a link to the 15 best universities Canada. Know more about studying in Canada and build a successful career ahead. If you haven't decided on the location yet make sure to check out the most affordable universities in the USA.