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Canada · Public university

Education Loan for University of Ottawa

University of Ottawa in Ottawa, ON is known for law, public policy, engineering. Here's what a 2-year master's costs Indian students in rupees, how much you'll likely borrow, and which loan routes fit.

  • Total ≈ ₹71 lakh – ₹93 lakh
  • Tuition CAD 30,000 – CAD 45,000 a year
  • Typical loan ₹50 lakh – ₹84 lakh
  • Lenders compared for your profile

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Quick answer

How much does University of Ottawa cost, and how much loan do I need?

A 2-year master's at University of Ottawa costs about ₹71 lakh – ₹93 lakh in total for an Indian student: tuition of CAD 30,000 – CAD 45,000 a year, living costs of about CAD 21,000 a year in Ottawa, plus one-time visa and travel costs. Most students borrow ₹50 lakh – ₹84 lakh. The exact amount depends on your program's cost sheet, scholarships and family savings.

Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans loan & visa desk

University of Ottawa at a glance

Location
Ottawa, ON, Canada
Type
Public university
Known for
Law, public policy, engineering
Tuition (international)
CAD 30,000 – CAD 45,000 a year
Typical master's length
2 years
Planning exchange rate
CAD 1 ≈ ₹68

Cost in rupees

Total cost of a master's at University of Ottawa

Planning rate, rounded from mid-2026 market levels — we recalculate with the live rate. Tuition varies by program — use your offer letter's figure.

Total cost of a master's at University of Ottawa
ItemPer yearTotal (2 years)
TuitionCAD 30,000 – CAD 45,000 a year₹41 lakh – ₹61 lakh
Living costsCAD 21,000₹29 lakh
One-time costs—₹2 lakh – ₹3.5 lakh
Total—₹71 lakh – ₹93 lakh

What's included

How these figures are worked out

Tuition

CAD 30,000 – CAD 45,000 a year for international students.

Living costs

CAD 21,000 a year — Planning figure close to IRCC's published living-cost requirement.

One-time costs

₹2 lakh – ₹3.5 lakh: study permit and biometrics fees, flights, deposits and winter setup.

Exchange rate

CAD 1 ≈ ₹68. A 5% move in the rupee changes the total by about ₹4.1 lakh.

Loan plan

Funding a master's at University of Ottawa

Funding a master's at University of Ottawa
RouteTypical amountWhat you need
Secured loan (public bank)Up to the full cost, minus ~15% marginProperty or deposits; co-applicant
Unsecured loan (private bank / NBFC)Often ₹75 lakh or more for listed universitiesCo-applicant with steady income and good credit
International lenderBased on the programSupported program; no collateral or co-signer
Savings, scholarshipsReduces the loanShown with the loan as proof of funds

Our view

Which loan route fits

At this cost most families combine a secured loan (lowest rate, largest amount) with savings, or take an unsecured NBFC loan if the university is on the lender's list. International lenders such as Prodigy Finance support many postgraduate programs at well-known universities; check whether this program is covered. MPOWER Financing lends without a co-signer at supported US and Canadian schools, up to US$100,000, but says it has paused new loans for 2026.

For the visa: show first-year tuition plus IRCC's living-cost amount (updated periodically) and travel costs. Many students use a GIC for the living-cost part and a loan sanction letter or bank statements for tuition.

Repayment

EMI on a ₹66 lakh loan

About 80% of the mid-point cost. EMIs start after the course and moratorium.

EMI on a ₹66 lakh loan
Rate7 years10 years15 years
9%₹1,06,188₹83,606₹66,942
10.5%₹1,11,280₹89,057₹72,956
12%₹1,16,508₹94,691₹79,211

Timeline

Loan steps after your University of Ottawa admit

  1. 01

    Get the cost sheet

    Download University of Ottawa's cost of attendance for your program, or use the figure on your offer letter.

  2. 02

    Pick 2–3 lenders

    We match your profile with a secured option, an unsecured option and, if relevant, an international lender.

  3. 03

    Sanction letter

    Get the sanction in time for your visa application.

  4. 04

    Disbursement

    Tuition is paid directly to University of Ottawa; living costs go to your account or forex card.

FAQs

Frequently asked questions

Still have a question?

Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).

About ₹71 lakh – ₹93 lakh for a 2-year master's, including tuition (CAD 30,000 – CAD 45,000 a year), living costs and one-time costs, at CAD 1 ≈ ₹68.

Lenders fund the cost of attendance minus any margin money. With collateral you can usually borrow most of the ₹71 lakh – ₹93 lakh; unsecured limits depend on the lender's university list and your co-applicant's income.

Often yes, from private banks and NBFCs if the university is on their list and the co-applicant's income is strong.

About ₹89,057 a month over 10 years at 10.5%, after the moratorium.

Show first-year tuition plus IRCC's living-cost amount (updated periodically) and travel costs. Many students use a GIC for the living-cost part and a loan sanction letter or bank statements for tuition.

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