How much will it cost?
UFV offers this degree program in India at approximately 35 per cent of what it would cost you to complete the identical program as an international student at UFV in Canada.
Annual fees in IndiaApproximate annual student budget in CanadaFee paymentAnnual fees in India Tuition (program) fee: 2,15,000
Books: 20,000
Total: Rs. 2,35,000
The four-year program costs CDN$5000 per year and will vary slightly based on the rate of exchange. To determine the exact rate of exchange on the date of fee payment, please visit
www.oanda.com and select Currency Converter. This program fee includes three components:
- Four-week Foundation in Business Administration (FIBA) program (July-August) for first-year students)
- Eight months (two 13-week semesters) of academic delivery and evaluation (September to April)
- Summer project experience with industry
Textbooks
Budget Rs. 20,000 for textbooks and the annual usage fee for UFV’s Resource Library.
Approximate annual student budget in Canada
Students choosing to complete a portion of the program in Canada should budget approximately Rs. 10.5-lakh (CDN$24,000) per year, based on an average student lifestyle. This budget includes international student fees, mandatory medical and dental insurance, accommodation, food, laundry, transportation, utilities, entertainment, and return flights.
The following student budget is an approximate breakdown only, and will vary by lifestyle. An approximation of costs is listed here in Indian rupees for ease of comparison only. Permanent residents and Canadian citizens do not pay international student fees — please refer to domestic student fees in this case.
| Item |
|
Cdn $ |
|
Indian Rs. |
Details |
| Application fee |
|
150 |
|
6600 |
one-time fee |
| Tuition (program) fee |
|
11,100 |
|
4,88,400 |
$5550 per semester x 2 semesters |
| Textbooks |
|
1,350 |
|
59,400 |
approximate cost of books |
| Accommodation |
|
5,000 |
|
2,20,000 |
approx $625/month x 8 months |
| Food |
|
1,280 |
|
56,320 |
approx $160/month |
| Medical/Dental |
|
518 |
|
22,800 |
mandatory |
| Extended Health Insurance |
|
160 |
|
7,040 |
mandatory |
| Airport Reception |
|
150 |
|
6,600 |
only if requested |
| U-Pass Bus Pass |
|
80 |
|
3,520 |
unlimited transit for UFV students |
| Spending Money |
|
2,000 |
|
88,000 |
varies by lifestyle |
| Ancillary Fees* |
|
600 |
|
26,400 |
$300/semester x 2 semesters |
| Return Flight |
|
1,591 |
|
70,000 |
approximate cost of one return flight |
| Total: One academic year |
|
$23,979 |
|
Rs. 10,55,080 |
|
* Ancillary fee in Canada provides support for activities, athletics, library and technical services, legacy fund and construction of the student activity centre. Fee Payment
Application fee: must be paid at the time of submitting your application form.
Tuition Fee
In order to guarantee your seat, the full annual program fee must be paid in full, upon receipt of your acceptance package from UFV. UFV does not offer an instalment payment plan. Fees may be paid in Indian rupees, either by electronic transfer, cash or demand draft (to be made in the name of UCFV Education Society, payable at Chandigarh). Students who do not pay their fees ina timely fashion will lose their seat to the next fee-paying applicant who meets admission requirements. However, if you are experiencing difficulty and require a fee payment extension, please discuss your situation with UFV staff in advance of the deadline. Fee must be made by electronic transfer or direct deposit to the university bank account. Details regarding deposit information will be included with your letter of acceptance.
Textbooks and UFV Resouce Library
A deposit of Rs. 20,000, including the annual usage fee for UFV’s Resource Library and for the balance of your textbooks, must be made at the time of tuition fee payment, using the same deposit process outlined in the fee payment document you received with your letter of acceptance. This fee provides you with ongoing access to UFV’s resource library, where you can source the materials you require in order to complete your assignments and studies. It also includes the cost of additional textbooks that will be supplied to you on the first day of your classes. Please note, UFV takes great care to keep the cost of its textbooks as low as possible for students; whenever possible, we have identified books printed by Indian publishers that are equivalent to their Canadian counterparts but are less costly.
