YOUR NEXT STEPS

Plan your finances

Getting your finances in order before you arrive on campus is essential. UBC’s online cost calculator can help you and your family or financial supporters understand the financial commitment required, and plan accordingly.

Budgeting for first year

*All figures are estimated in Canadian dollars and based on a first-year full course load in the 2018/19 academic year. Living costs cover an eight-month period and are based on a typical student’s experience in residence. Goods and services are subject to inflation, which has remained relatively stable at between 1% and 3% in recent years. Tuition fees are reviewed annually by the Board of Governors, in consultation with students. Most UBC bachelor’s degrees take four years of full-time study to complete.

$5,399+

Domestic tuition

OR
$39,635+

International tuition

+
$15,000+

Living costs

+
$3,100+

Other educational costs

Canadian students

Funding your university education is your responsibility, but UBC is committed to ensuring that no eligible Canadian student is prevented from attending the University for financial reasons alone. If you do not have the resources required, UBC can help you develop a financial plan and access financial support.

Tuition fees for Canadian students

For the 2019/2020 academic year, tuition for Canadian citizens and permanent residents is calculated at $179.97 per credit for most degrees, regardless of where you live. Tuition fees are higher for Entry-to-Practice PharmD ($429.81 per credit), International Economics ($287.93 per credit), and Media Studies ($239.50 per credit). Tuition fees increase in second year in some faculties, such as Applied Science and Commerce.

Tuition is reviewed annually by the Board of Governors, in consultation with students. Tuition increases are limited to 2% for Canadian students. The 2019/2020 fees will take effect in May 2019.

How to pay your tuition

Canadian students

You can pay your tuition and fees via online banking, electronic funds transfer, credit card (a 1.75% fee applies), or cash or cheque at an HSBC branch. If you’re a student on UBC’s Okanagan campus, you can also pay in person via cheque or debit. If you’re a student on UBC’s Vancouver campus, you can apply your TD and Aeroplan loyalty points toward your balance through the Higher Ed Points program.

Regardless of the payment method you choose, be sure to indicate your name and student number. It may take several business days for funds to be received and posted to your account. If you have proof of payment by the due date, your payment will be considered on time.

Scholarships and awards

Canadian students

UBC is strongly committed to recognizing students for academic excellence, community and school involvement, and demonstrated leadership through merit- and need-based awards. You may already be familiar with the University’s entrance awards, but other scholarships and awards are available for subsequent years of study. Review eligibility requirements and application deadlines closely.

Loans

Canadian students

If you’re a Canadian citizen or permanent resident living in Canada or abroad, you may be eligible for federal and provincial student loans. If you do not currently live in Canada, apply to the province where you last resided. If you hold Canadian citizenship but have never lived in Canada, apply through the Province of BC (StudentAid BC).

Bursaries

Canadian students

Non-repayable, need-based bursaries are available through UBC. If you have a full-time student loan and unmet financial need, a general bursary can help fill the gap between your educational costs and government assistance. If you’re connected to a specific club, trade union, company, geographic region, demographic group, or you self-identify as Aboriginal, there may also be an affiliation bursary out there for you. Review eligibility requirements and application deadlines closely.

Part-time employment

Canadian students

Most degrees offer paid co-op placements or internships, and programs like Work Study (Okanagan campus) and Work Learn (Vancouver campus) can help you find a job on campus. Part-time employment is not only a way to help finance your university education, but also a chance to gain professional experience and develop critical skills.

Band sponsorship

Aboriginal students

If you’re an Aboriginal student, you may be able to finance some or all of your educational expenses with band funding. One common type of sponsorship is third-party billing, where your band office pays your tuition and fee payments directly to UBC through Enrolment Services. If you pursue band sponsorship, be sure to review responsibilities and deadlines closely with your band office.

Thao, Commerce student at UBC Vancouver

“My enrolment services advisor helped me make sure I knew how to handle money and how to budget for the year. He’s awesome!”

International students

Find your program’s tuition fees, add up your other educational costs – such as books and supplies – and calculate your living costs to get the full financial picture of the year ahead. UBC offers scholarships and awards to help offset these costs, and part-time employment such as co-op placements or internships can be a great way to earn money while gaining degree-related experience.

Tuition fees for international students

For the 2019/2020 academic year, tuition for international students is calculated at $1,321.18 per credit for most degrees. Tuition fees are higher for Commerce ($1,641.24 per credit) and International Economics ($1,534.38 per credit). Additional fees may apply if you’re enrolled in one of UBC’s first-year programs, including Vantage One programs, the Conditional Admission Program, or the English Foundation Program.

Tuition is reviewed annually by the Board of Governors, in consultation with students. The 2019/2020 fees will take effect in May 2019.

How to pay your tuition

International students

You can pay your tuition and fees via online credit card payment in the Student Service Centre (a 1.75% fee applies), cash or cheque at any HSBC branch, or US dollar cheque delivered in person (Vancouver campus only), but you’re encouraged to use UBC’s Western Union Business Solutions international funds transfer. This method lets you pay in your home currency, secure a competitive exchange rate for up to 72 hours, and avoid additional transaction fees. No Canadian bank account is required.

Regardless of the payment method you choose, be sure to indicate your name and student number. It may take several business days for funds to be received and posted to your account. If you have proof of payment by the due date, your payment will be considered on time.

Scholarships and awards

International students

UBC is strongly committed to recognizing students for academic excellence, community and school involvement, and demonstrated leadership through merit- and need-based awards. You may already be familiar with the University’s entrance awards, but other scholarships and awards are available for subsequent years of study. Review eligibility requirements and application deadlines closely.

Loans

U.S. students

If you’re a U.S. citizen, you can apply for Direct Subsidized and Direct Unsubsidized loans and Direct PLUS loans for parents through the U.S. Federal Government. In addition to a Free Application for Federal Student Aid (FAFSA) form, you must complete a Master Promissory Note and entrance counselling to apply for Direct funding. If your parents are applying for a PLUS Loan, they must complete a PLUS application and PLUS Master Promissory Note. To notify UBC that you would like to be considered for U.S. Direct Loan funding, you also need to complete UBC’s online U.S. Loan Request form.

Part-time employment

International students

If you’re a full-time UBC student with a valid Canadian study permit, you’re eligible to work part-time on or off campus. Most degrees offer paid co-op placements or internships, and programs like Work Study (Okanagan campus) and Work Learn (Vancouver campus) can help you find a job on campus. Part-time employment is not only a way to help finance your university education, but also a chance to gain professional experience and develop critical skills.

Claudia, Enrolment Services Advisor

“Look for external awards opportunities through banks, companies, and internet-based databases such as Scholarships Canada and yconic.”

UBC admissions blog

Financial planning and student loans

The cost of tuition, books, residence fees or rent, food, monthly bills, clothing, and entertainment can add up quickly, so having a plan for financing your education is essential.

Read more

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