What Does It Cost?

Students considering enrolling at Vancouver Island University should prepare a budget, estimating resources and expenses. The example below covers an eight-month educational year and is intended as a guide only.

Average Budget

Possible Resources:
Savings from Summer Job	$ 1,000
Other Savings	$ 1,000
Parental Contribution	$ 500
Part-time Earnings during the school year	$ 500
Total Resources	$ 3,000

Estimated Expenses (based on 8 months): Costs may vary dependent on program and year of study
Tuition/student fees: ($2,000 per semester)	$ 4,000
Books ($725 per semester)	$ 1,450
Living costs ($750 per month)	$ 6,000
Miscellaneous ($250 per month)	$ 2,000
Transportation ($80 per month)	$ 640
Total Expenses	$14,090
Shortfall	$11,090

Please note: the example above includes only basic items. Students will require additional funds to cover such things as recreation, clothing, supplies, and other personal items.

If estimated expenses exceed the resources, don’t despair! VIU has a comprehensive financial assistance program to help students—loans, non-repayable grants and institutional awards. For further information, contact us!