Budget Planning

We've compiled sample budgets based on information from students and other trustworthy sources. While everyone's expenses will be different and the cost of living changes all the time, this information may help you plan ahead.

Sample Budget: Living Expenses

Please note that this budget is based on the most current information we were able to obtain from current students and other trusted sources, but that some rates are approximate and/or subject to change. (Last update: July 2022)

Accommodation
  • Bachelor/studio suites
  • 1-bedroom basement/garden level suite
  • 1-bedroom apartment
  • 2-bedroom basement/garden level suite
  • 2-bedroom apartment
  • Room in shared suite, apartment, or house
  • Room in house with kitchen privileges
  • Room and Board
  • Unfurnished house
 Price per month
  • $1,200-$2,100+
  • $1,500-$2,500+
  • $2,488-$2,855+
  • $2,300-$3,500+
  • $3,444-$4,105+
  • $700-$1,100+
  • $800-$1,500+
  • $975-$1,700+
  • $2700–$5500+
Utilities (electricity/gas, if not included in rent) Electricity: $30–$60 per month
Gas: $45–$70 per month
Cell phone (price varies based on data plan and international calling) $40-70 per month
Internet $60–$80 per month /dwelling
Food $250–$350 per month for individuals
$400–$700 per month for couples & families
BC Medical Insurance

BC residents (citizens and permanent residents) are not required to pay MSP premiums.

International students are required to pay a health fee of $75 per month.
Canadian Car Insurance (ICBC) $1000–$2500 per year
Miscellaneous (clothing, entertainment, etc.) $150 per month per person
Start-up costs Budget at least $575 extra*

*It is wise to budget more money for the first month or so to cover any potential unexpected costs. For example, some students end up paying for temporary accommodation, renting a car to look for permanent housing, buying items to set up their new home etc.

The Dean of Students Office receives some donations of good quality household items to help new students set up a home. To see what is available, look for the "Household Giveaway" area at Regent the week before Orientation and during the Orientation week.

Sample Budget: Academic Expenses

Expense Estimated Cost
Tuition $545 per onsite credit hour
Registration fee $35 per term
U-Pass (public transportation pass; mandatory for students taking 3+ credits in Fall and Winter Terms) $187.60 per term
AMS Health & Dental Plan (extended health care; mandatory for students taking 3+ credits) $388.26 per year for student coverage. (You can add coverage for family members during the Change of Coverage period. See the Studentcare website for pricing details.)
Other Student Fees (students taking 3+ credits) Approximately $207 per term
Books $85–$200 per course
Occasional Fees (varies by program, activities, etc.) $10–$350 per term