Your success at university can hinge on how well you manage your expenses. The following table will provide you with a realistic picture of the expenses you can expect to incur.
| Quebec student | Canadian, French or Belgian student | Other international student | ||
|---|---|---|---|---|
| Total for the year (two sessions)* | Min. $27,124 Max. $39,924 |
Min. $34,124 Max. $47,324 |
Min. $53,835 Max. $67,035 |
|
| Tuition fees for undergraduate students (15 credits) | $2,192 | $5,159 | $15,294 | |
| Sun Life Financial insurance – HEC Montréal (per year)** | – | – | $711 | |
| Books (one session) | $400 | |||
| Housing (per month) | Rent |
$1,100 |
||
| Home insurance | $20 | |||
| Heating and electricity*** | $60 | |||
| Telephone, cable, Internet*** | $120 | |||
| Food (per month) | Groceries | $400 | ||
| Restaurant and cafeteria meals | $150 | |||
| Transportation (per month) | Public transit (Montréal full-time student rate) | $57 | ||
| Car | $200 | |||
| Gas and repairs | $200 | |||
| Indoor parking | $180 | |||
| Personal care and medications (per month) | $120 | |||
| Sports and entertainment (per month) | $200 | |||
| Clothing (per month) | $50 | |||
*The minimum total budget reflects the financial reality of a student with a roommate, who takes public transport. The maximum total budget reflects that of a student who lives alone and owns a car.
** Supplemental health and dental insurance fees not included.
*** Would be a shared expense for roommates.
Inspired by a tool developed by the Université Laval’s Student Awards and Financial Aid Office
Get advice from a member of the financial aid team by emailing us at sae.afe@hec.ca.
