9 Cheap Universities in Toronto Canada for International Students

Cheap Universities in Toronto

The cheap universities in Toronto offer you the opportunity to make the higher education experience affordable in Canada, one of the best education destinations in the world.

Money seems to be a big problem for many students looking to study in Toronto. Toronto is a fantastic Canadian metropolis with a rich arts and culture scene, diverse community, and top-notch educational institutions. However, a major problem could be the cost of education for ambitious students who dream of earning a degree at the vibrant city’s universities. Still, studying in Toronto is now affordable without sacrificing quality. 

Toronto, Canada’s largest city, has a thriving student population in addition to many more affordable universities and colleges. This guide will explore the 9 cheap universities in Toronto, providing information on their tuition costs, and why these institutions are such good options.

Eligibility Criteria to Study in Toronto

Admission criteria for universities in Toronto align with those of other Canadian institutions. International students are required to fulfill specific prerequisites. These typically encompass academic qualifications, language proficiency, and other pertinent criteria. Understanding the admission standards for universities in Toronto becomes essential. These include,

  • Academic Certificates: If you want to obtain a bachelor’s degree, you must verify your high school graduation certificate along with your transcript. On the other hand, if you wish to obtain a master’s degree, you must submit your bachelor’s degree or diploma.
  • English Proficiency: You must take an English proficiency test if English is not your first language. You can take IELTS or TOEFL. We also recommend that you should take the test early, even though everyone tends to work on deadlines. This way, you will have enough time to retake the test even if you do not get the ideal result. The minimum test score of one college also varies from another.

It is important to note that different universities may have different eligibility requirements. The requirements we have mentioned above are just the basic requirements. Some institutions may ask you to submit additional documents. Therefore, to determine if you are eligible to study in Toronto, we recommend that you visit the college’s official website before choosing a college.

List of Top 9 Cheap Universities in Toronto 

1. York University

York University
York University

Key Information:

  • Type: Public research university
  • Established: 1959
  • Accredited by: HLC
  • Acceptance Rate: 27%
  • Rank: 401-500 in the THE University Ranking in 2023

With an enrollment of approximately 55,700 students – over 10,000 of whom are international students, York University is practically a dream come true. The best part about this university is that its tuition is quite affordable. 

Fees start at just 33,791 CAD for undergraduate programs and 31,146 CAD for graduate programs. Located in Toronto, Canada, York Institute is a large public research university. One of the cheap university in Toronto, this university offers a wide range of undergraduate and postgraduate programs in several fields. 

York also houses prestigious establishments, such as Osgoode Hall Law School and the Schulich School of Business. Both institutions place significant emphasis on research and experiential learning. York University is renowned for its cutting-edge curriculum and global outlook.

2. The University of Guelph-Humber

University of Guelph-Humber
University of Guelph-Humber

Key Information:

  • Established: 2002
  • Acceptance Rate: 66%
  • Rank: 19th in Best Global Universities in Canada by The US News in 2021

The University of Guelph-Humber, located in Toronto, Canada, offers students a combination of college-level practical skills and university-level academic knowledge. With the help of UofGH’s seven programs, you can complete both your college and university degree in four years.

The University of Guelph-Humber is a great option for those looking to attend a cheap university in Toronto. For those who want to go to graduate school, there are not many options for courses available at this university – the program only offers a Master of Fine Arts degree. The tuition fees at this university are low.

3. University of St. Michael’s College

University of St. Michael’s College
University of St. Michael’s College

Key Information:

  • Type: Private College
  • Established: 1852
  • Accredited by: NECHEl
  • Undergraduate Program Tuition and Fees for 2023-2024 $47,640

Founded in 1852, St. Michael’s College is a federal institution within the University of Toronto. The institution offers Liberal Arts and Scientific undergraduate degree programs. Despite having a strong Catholic tradition, this college school accepts students from all backgrounds. St. Michaels promotes a customized learning environment with an emphasis on small classes and a close-knit community. While enrollment statistics are not readily available, it is known to have a smaller student body than the University of Toronto.

4. University of Toronto

University of Toronto

Key Information:

  • Type: Public research university
  • Established: 1827
  • Acceptance Rate: 43%
  • Rank: Ranked 18th in the THE University Ranking 2023

The University of Toronto, founded in 1827, is a major public research university in Canada. Consistently ranked among the world’s top universities, it has a rich history. This is another cheap university in Toronto. Its three campuses are home to more than 97,000 students in the Greater Toronto Area. 

Students can participate in intensive, practical education at the Mississauga, St. George, and Scarborough campuses, located in some of the most dynamic and diverse urban areas in Canada. Eight Nobel Prize winners are among the university’s distinguished faculty members and alumni.

5. OCAD University

Key Information:

  • Type: Public university
  • Established: 1876
  • Acceptance Rate: 40 – 50%
  • Rank: 251-300 worldwide in QS World University Rankings 2021
  • Undergraduate Tuition Fees start at 6092 CAD 

OCAD University, based in Toronto, Canada, is renowned for its cutting-edge programs in digital media, art, and design. Since its founding in 1876, this small university has become a globally renowned center for multidisciplinary education and creativity. Undergraduate and postgraduate degrees in visual arts, graphic design, advertising, illustration, and environmental design are among the many categories in which OCAD University offers its degrees. 

The cheap university in Toronto encourages innovation, teamwork, and critical thinking among its staff and students due to its diverse and welcoming environment.

6. Toronto Metropolitan University

Toronto Metropolitan University
Toronto Metropolitan University

Key Information:

  • Type: Public research university
  • Established: 1948
  • Acceptance Rate: 25 – 30%
  • Rank: Ranks 801-1000 in the world
  • Undergraduate programs: $33,423 to $38,584 CAD

Toronto Metropolitan University (TMU), formerly known as Ryerson University, is a public research university located in the heart of Toronto, Canada. TMU, renowned for its emphasis on practical learning and career-oriented education, offers undergraduate and graduate programs in seven academic divisions, including Business, Science, Engineering, and the Arts. 

TMU places a high priority on practical experience, incorporating industrial initiatives, co-ops, and internships into many of its programs. The cheap university in Toronto also owns the DMZ, the world’s best university-based incubator. With over 140 countries represented in its student body, TMU takes pride in providing a friendly environment that encourages both academic and personal achievement.

7. Tyndale University

Key Information:

  • Type: Private university
  • Established: 1894
  • Acceptance Rate: 60%
  • Association of Theological Schools in the United States and Canada 

Tyndale University is a private Christian university founded in 1894. It offers doctoral degrees, bachelor’s degrees, and seminary education to students from over 40 Christian denominations. This cheap University in Toronto creates a close-knit community where students and faculty challenge each other intellectually and grow in their faith by combining academic success with a strong Christian belief. 

Graduates of this cheap university in Toronto go on to serve in mission fields around the world and work in a variety of industries, including the public, private, and non-profit sectors.

8. George Brown College

George Brown College
George Brown College

Key Information

  • Type: Public college
  • Established: 1967
  • Acceptance Rate: 55%
  • Rank: Ranked 1301 globally in the QS World Rankings 2022

A well-known public college in Toronto is George Brown College. It was founded in 1967 and is named after George Brown, a prominent figure in Canadian history. George Brown College’s strong industrial relationships are one of its defining characteristics. 

Because of the college’s close ties with regional companies, associations, and experts in the field, students can take advantage of beneficial networking opportunities, internships, and co-ops. These relationships enable a seamless transfer from academic instruction to the workplace.

9. Centennial College

Centennial College
Centennial College

Key Information:

  • Type: Public college
  • Established: 1966
  • Acceptance Rate: 65%
  • Rank: Ranked 76th in the country in Web of Universities Ranking by Webometrics

Since its founding in 1966, Centennial College has expanded to become a thriving institution, with more than 40,000 students attending per year in both full-time and part-time programs. In disciplines, such as Engineering Technology, Business, Healthcare, and Media Arts, the college offers more than 250 diploma, certificate, and degree programs. 

Each program is tailored to the student’s needs and emphasizes real-world experience through labs, co-ops, and industry placements. 

Cheap Universities and Their Fees Structure 

Universities Annual Average Tuition Fees
York University33,791 to 38,826 CAD (For undergraduate students)
The University of Guelph-Humber$26,730 – $32,560 (For domestic Ontario students)
University of St. Michael’s College$4,800 CAD and $7,205 CAD (For domestic students)
University of Toronto6,100 CAD to $12,340 CAD (For domestic undergraduate students)
OCAD University19,000 CAD and 30,000 (For domestic students)
Toronto Metropolitan University$6,093 CAD to $6,939 CAD (For domestic undergraduate students)
Tyndale UniversityAround 16,860 CAD (For full-time undergraduate students)
George Brown College15,800 to 29,048 CAD (Per two semesters for international students)
Centennial College17,409 to 20,489 CAD (For international students)

Benefits of Studying in Canada

  • You can receive a world-class education from prestigious Canadian universities and colleges renowned for their academic excellence.
  • Canada allows you to immerse yourself in a diverse and multicultural environment, experiencing different cultures and languages.
  • You can take advantage of travel opportunities across Canada, enriching your global perspective.
  • You can engage in research and further study opportunities, promoting intellectual growth and innovation.
  • Canadian institutions offer scholarships for outstanding academic performance and early application to Canadian study programs.
  • You can earn while studying with part-time work opportunities (up to 20 hours per week) and extended hours during holidays and festivals.
  • You can earn a Canadian degree, which is internationally recognized as a hallmark of quality education, opening up employment possibilities around the world.
  • You can also gain valuable work experience through a postgraduate work permit, which can enhance career opportunities.
  • Living in Canada will allow you to apply for permanent residence after completing work experience, as well as gain access to permanent residence programs.
  • You can also access additional benefits and support services designed for international students for a fulfilling educational journey in Canada.


1. Is it expensive to study in Toronto?

Yes, studying in Toronto can be expensive, especially for international students. The average cost of undergraduate studies at universities is $36,100 CAD per year. The cost of living is also very high, making Toronto the most expensive city in Canada. However, some universities based in Toronto offer tuition at an affordable price to students.

2. What are the most affordable colleges in Toronto?

Many colleges in Toronto offer quality education at affordable prices. Some examples include Centennial College, Georgian College, Seneca College, Sheridan College, and Great Lakes College of Toronto. You can find their estimated tuition fees through a web search.

3. Is Canada cheaper to study than the US?

Yes, in general, studying abroad in Canada is less expensive than in the US. Living expenses and tuition are generally lower in Canada. Although scholarships are more common in the US, they are more difficult to obtain for international students than in Canada.

4. What is the potential earning capacity for students in Canada?

In Canada, a student’s location and experience can affect his or her earnings. The standard minimum wage for students is between $14 and $16 per hour, while some jobs pay more. In Canada, students can earn a respectable income to help with living expenses as regulations allow them to work up to 20 hours per week.

5. Are scholarships or financial assistance programs accessible to international students?

Yes, many universities in Toronto offer financial aid and scholarships to help international students cover the cost of tuition. You can inquire about scholarship availability by visiting each college’s website or contacting their admissions department.


Cheap universities in Toronto allow you to earn a degree in one of the top education destinations in the world. Without compromising on the quality of education, you can get an undergraduate or graduate degree in renowned universities in Toronto. 

These universities not only provide high-quality education but also reduce the cost of obtaining a degree, opening up access to education to a larger group of people. They also contribute to the intellectual and cultural life of the city, attracting students from around the world and creating a diverse learning environment. 

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