Living expenses
It’s important to consider your living options. Take the time to understand your expenses and make a realistic budget as part of your planning.
On top of tuition, there are additional costs to studying. It's important to understand all of the fees associated with your studies to ensure that you are prepared ahead of time. There are three types of fees that you can expect to pay: tuition fees, student fees, and additional fees.
The tuition will tell you approximately how much your program is going to cost you but it’s important to know that this does not include all your fees. You can find tuition estimates for programs in the Search section on a program page. Costs can vary greatly due to the institution, program choice and the courses that you take.
All institutions have student fees that are used to support student services, athletics/recreation, transit (U-Pass BC), and health and medical insurance.
Additional fees are based on your chosen program and course selection and may include books, art supplies, lab, co-op, field trip fees, work equipment and tools. Refer to the institution’s website and the program pages for a detailed breakdown of all costs associated with your studies.
It’s important to consider your living options. Take the time to understand your expenses and make a realistic budget as part of your planning.
Used and online textbooks can be a way to significantly reduce costs. Visit B.C. Open Textbooks to see if the textbook you need is available.
You can also use StudentAid BC's Education Budget Worksheet to start planning how much money you will need for your post-secondary education.
StudentAid BC helps eligible students with the cost of their post-secondary education through loans, grants, and other student financial assistance programs. StudentAid BC may be able to supplement (not replace) your own financial resources. You can find a list of all available programs on the StudentAid BC website.
Watch these StudentAid BC short videos to help you understand how student financial aid works:
Learn about specific student financial supports:
It’s important to do your research. There are many funding options that are available to help you pay for your post-secondary studies. You can view a full list of available grants, scholarships, and other non-repayable financial supports on StudentAid BC’s website or on your institution’s financial aid website (see below).
A scholarship is a type of financial aid awarded to students to help pay for their education. Scholarships are typically based on academic merit, financial need, or a combination of both, and are usually provided by schools, organizations, or private individuals. Scholarships do not need to be repaid. View a list of some scholarships available through government organizations below.
A bursary is a type of financial aid awarded to students to help pay for their education. Bursaries are typically based on financial need, and are often provided by schools, government agencies, or private organizations. Like scholarships, bursaries do not need to be repaid.
A grant is non-repayable financial assistance – money that you will not have to pay back. Like scholarships, grants have specific qualifications and each one is a bit different. Make sure you read the requirements to see if you are eligible. Grants are available for full- and part-time students, students with disabilities, low- and middle-income students, adult upgrading, and more.
Discover over 400 programs that are now eligible for the StrongerBC future skills grant.
If you are a full-time student, enrolled in at least 60% of a full-time course load, you are eligible to apply for a student loan. B.C. offers Canada-B.C. integrated student loans, meaning there are two lenders, the governments of Canada and B.C. and the interest is paid by both governments while you are attending school full-time. Repayment of the student loan will begin six months after your studies end.
If you are studying part-time, you may be eligible for the federal part-time student loan program. It’s important to note that the assessment for part-time students is different than for full-time students and does not cover living costs. It allows for: tuition, books, supplies, transportation and childcare up to the funding maximums.
If you’re a current or former youth in care studying full- or part-time at the undergraduate level, you may be eligible for having the tuition and mandatory fees charged by your institution could be waived so that you do not have to pay.
Find more information here.
EXPLORE
EducationPlannerBC is pleased to support the Government of BC's StrongerBC Future Ready Action Plan. The StrongerBC future skills grant is open to British Columbians aged 19 years or older – regardless of financial need – and covers up to $3,500 per person for eligible short-term skills training at public post-secondary institutions.
Here is a list of some scholarships available through government organizations. There are many other scholarships available through your community, school, or work. Do your own research or talk to your high school counsellor to learn about other opportunities.
For more information about the financial support available at a post-secondary institution, explore their website or contact them directly.