Smart Advice Planning for Education

Between tuition, books, tech and other expenses, the price of post-secondary school can add up.
May. 25, 2023 3-minute read
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There’s tuition…and then some

 bar graph showing the cost of 4-year tuition with and without residence from 2024 to 2040.

Year of university entrance 4-year tuition without residence2 4-year tuition with residence2
2024 $52,885 $97,485
2025 $54,135 $99,625
2026 $55,385 $101,785
2027 $56,645 $103,975
2028 $57,905 $106,185
2029 $59,175 $108,425
2030 $60,455 $110,685
2031 $61,755 $112,985
2032 $63,065 $115,315
2033 $64,385 $117,675
2034 $65,715 $120,075
2035 $67,055 $122,505
2036 $68,396 $124,956
2037 $69,756 $127,446
2038 $71,849 $131,269
2039 $74,004 $135,207
2040 $76,224 $139,264

Decide how much will you cover

Look into what resources are available

There’s a bright future ahead

1 Source: Statistics Canada, Tuition Fees for Degree Programs

Source: Statistics Canada. Tuition, Living and Accommodation Costs, 2017/2018. Tuition cost includes compulsory fees as well as estimates for textbooks and incidentals. Residence cost includes tuition, compulsory fees, meals and lodging, as well as estimates for textbooks and incidentals.

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