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Canada is one of the most popular study abroad destinations that is home to well-ranked universities. Students can either enrol in public or private educational institutions to gain quality education. So, here’s what you must know about these universities, their differences, and other interesting details.
Key Highlights
Public universities are state-financed and hence owned by the state. These universities aim to provide quality education to a wide range of students, including international aspirants. At present, 90+ Canadian public universities offer more than 15,000 courses in various domains. Some advantages of studying at public varsities are as follows:
Also Read: Popular colleges in Canada for PG diploma
Private universities are not owned by the government. Instead, they receive funds from tuition fees, alumni donations, and private investors for their smooth operations. You can study in Canada at a private university to gain the following benefits:
Tabulated below are some primary differences between private and public universities.
Factor | Public universities | Private universities |
---|---|---|
Tuition fees | Tuition fees are lower than private universities due to government funding. | Tuition fees are higher than public institutions. |
Class size | The class size tends to be large. However, these universities focus on providing exceptional education. | The class size is small. Student can build good rapport with their mentors, which can enhance their learning experience. |
Admission process | Due to the less stringent admission process, it is easy to secure a seat in a public university. | A strict admission process and thorough evaluation are followed. It can be sometimes challenging to secure a spot in your chosen program. |
Courses available | These universities offer a wide range of academic programs. | These universities offer education in specific academic areas like Management, Engineering, etc., which cater to specific career paths. |
Accreditation | These universities are accredited by the national or state government. | These universities are accredited by the national government. |
Also Read: All you need to know about Hospitality Management courses in Canada
Some popular public universities in Canada, along with rankings, are mentioned below:
Sr. No. | Universities | QS Rankings 2024 | THE Rankings 2024 |
---|---|---|---|
1 | University of Toronto | 1 | 1 |
2 | McGill University | 2 | 3 |
3 | The University of British Columbia | 3 | 2 |
4 | University of Alberta | 4 | 5 |
5 | University of Waterloo | 5 | 7 |
6 | Western University | 6 | 10 |
7 | Universite de Montreal | 7 | 6 |
8 | University of Calgary | 8 | 9 |
9 | McMaster University | 9 | 4 |
10 | University of Ottawa | 10 | 8 |
Top private universities in Canada that offer master’s and other courses in various domains are as follows:
Both private and public universities in Canada offer quality education and globally recognised degrees and have their own sets of advantages. However, you should select a university after considering factors like your course choice, academic goals, university rankings, placement scenarios, and student-teacher ratio, to name a few. Therefore, think wisely before starting your academic journey to Canada.
Also Read: What students must know about SOP for Canada
If you are facing any financial troubles, education loans for students are easily available. An education loan is a fantastic way to finance your higher education independently and earn a self-made badge. At Avanse Financial Services, we offer customised education loans with benefits like 100% finance, multiple repayment options, and quick loan sanctions. Get in touch with us today to get details like the educational loan interest rate, the loan documentation process, and more.
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.