Going to university is an exciting experience—but it doesn’t come cheap. Did you know undergraduate students in Canada spend an average of $19,498.75 on post-secondary education annually?
So as you plan to save up and give your child this once in a lifetime learning experience, it’s a good time to budget for other costs associated beyond tuition fees.
This infographic shows the additional costs you should consider when planning for your children’s university education.
Here are some options you can use to meet these costs.