In the last 25 years, an increasing number of students have pursued their higher education abroad (College Education in Canada). In fact, the Institute of International Education estimates that at least 10.9% of undergraduate students, as well as 16% of baccalaureate students, study overseas at one point during their program.
One of the top places in the world for higher education studies in Canada. In fact, there seems to be a dramatic rise of international students in the country over the last few years. Here, let’s take a look at some of the reasons why you should strongly consider enrolling in Canada for your higher education studies.
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High-quality college education
Canada is known around the world for producing stellar graduates. This is because the Canadian education system is rooted in cross-disciplinary studies and encourages students to develop transferable skills such as teamwork, communication, and critical thinking. In fact, 10 Canadian universities placed high in the 2021 QS World University Rankings, and these include the University of Toronto, the University of British Columbia, and McGill University. Also, Canadian universities are known for using groundbreaking technology and digital media, which further prepares students for the real world.
Cheaper cost of living and education
In the US, the rising cost of a College Education in Canada has burdened many students and forced them to take out exorbitant student loans. If you choose to pursue your higher education in Canada, the cost is significantly lower, plus you may find it easier to get financial aid and scholarships from Canadian universities and organizations. What’s more, many agree that it’s cheaper to live in Canada compared to the US.
On average, you’ll have to shell over $19,000 if you want to study in Canada. Meanwhile, the cost of college education in the US averages about $35,720 per year. This means that you can potentially save at least $15,000 a year if you choose to enroll in a Canadian university.
Canadian schools accept US educational savings plans
In Canada, residents have the option of opening a registered education savings plan (RESP), which is a tax-advantaged account used to save for post-secondary education. The funds inside an RESP account can be invested in various instruments, and if the gains are used for higher-education purposes, your money won’t be subject to income taxes. The US equivalent for RESPs is 529 plans. If your parents have stashed away money in a 529 plan, you can use whatever amount is inside to pay for your education in Canada. However, not all schools are eligible for Title IV federal student aid and they may not accept 529 plans. If you want to find out what schools qualify, the Department of Education has a list of 400 participating international schools.
Experience social and cultural diversity
You shouldn’t worry about not being able to immerse yourself in a diverse environment if you choose a Canadian college or university. Just like the US, Canada is ethnically and linguistically diverse as more than 50% of the Canadian population do not have English as their mother tongue. Furthermore, Canada ranks 3rd globally when it comes to foreign student attraction, with over 642,000 international students in 2019. This means that you should expect to experience an enriching multicultural environment when you enroll in Canada, both in school and in society.