Estimated total expenses: $6000 - $8000 CAD per term
Please note that although Go Global can help you budget for your exchange at UBC, only you can determine how much money you will need while you're away. Your financial requirements will vary depending on your individual goals and your personal preferences.
To get a clear financial picture during your studies at UBC, it is always wise to create a budget that considers both university and living costs.
Estimated on-campus housing: $3,000 – 3,500* CAD per term
*The cost of housing depends on the location, size and type. There are apartment, townhouse style accomodations available (eg. Walter Gage, Fairview Crescent, Rits-UBC House, Marine Drive). For detailed costs for each residence, please check the UBC Vancouver Housing. You can find additional information on the UBC Housing and Conferences website.
Estimated off-campus housing options
- Shared housing: $2,800+/term
- Private housing: $4,000+/term
Estimated meal plan/grocery costs
- Groceries: $2,000/term
Local transportation: $152 per term, mandatory student public transit pass (U-Pass)
- All exchange students receive the U-Pass, a universal transportation pass that gives unlimited access to all TransLink buses, the SkyTrain, and the SeaBus during the Winter Session.
- The U-Pass is mandatory for all students attending UBC, and it's such a fantastic deal that you will be glad to have it!
- Only those students registered in credits will be eligible for the U-Pass. Research exchange students (not enrolled in credits) will not have access to the U-Pass.
Estimated academic expenses (books and supplies): $500 - $700 CAD per term
Estimated personal expenses: $1500 CAD per term
Mandatory health insurance
Full-year exchange: $75 CAD per month for BC Medical Services Plan (MSP)
iMED is the basic health insurance required for all new international exchange students. Enrolment is automatic upon registration for your courses. Please visit the website for further information (including coverage dates).
$180 for iMED covering three-month waiting period for the British Columbia Medical Services Plan (MSP).
Students on exchange for six months or longer are required to apply for the (MSP). As there is a three-month waiting period for MSP, students are covered by iMED during this period.
Single-term exchange: $252 CAD per term for iMED
iMED is the basic health insurance required for all new international exchange students.
Enrolment is automatic upon registration for your courses.
Please visit the website for further information (including coverage dates).
Students are not eligible for MSP if they study at UBC for only one term. In this case, iMED will cover you for the duration of your stay (approximately four months and one week).