Technological breakthroughs, overspecialisation, globalization, competition… wow! More than ever, education is proving essential if you want to take and keep your place in society.
The days of learning "on the job" are pretty much a thing of the past. Going to CEGEP, university or trade school to boost your brainpower or hone your technical skills will up your chances of finding a job. Need proof? Today, seven out of ten jobs require post secondary education.
The Cost of Education
While Canada is known for its low tuition fees, the bill can still add up pretty quickly—especially if you fly the coop.
Statistics show that the average annual cost of tuition in Canada is $4,747 and that a full year of studies, in an apartment or in residence, comes to $14,000.
To get an idea of how much it's going to cost you, you have to take into consideration everything that has an impact on your budget.
- Books and school supplies, including computer and Internet connection
- Transportation expenses
- Insurance (if you have a car or live in an apartment)
- Food, clothes and other daily expenses, etc.
Find Financing and Resources
Okay, now how do you pay for these studies? Of course, there is always a good savings plan and loans and bursaries, but we have also put together other financing solutions just for you, according to what you need and what you can afford.
The important thing is to take a good look at all your options. Then, take advantage of those that can help lower the bill or that let you pay as you go so you don't end up in major debt at graduation. Easier said than done?
Of course, but if you play your cards right (and with a little discipline), you’ll get there.
Financing and Resources