Canada Welcoming Over 550,000 New International Students In 2022
The latest data from Immigration, Refugees and Citizenship Canada (IRCC) shows that Canada has welcomed a record-breaking 551,405 international students from 184 countries in 2022. This figure marks a noticeable increase in the number of study permits issued in recent years. As of December 31st, 2022, there are 807,750 international students holding valid study permits, which is another all-time high number.
International Students
Canada is a popular destination for international students due to the quality of education offered, lower costs compared to other countries like the United States or the United Kingdom, work opportunities, and immigration possibilities post-graduation. The excellent quality of education that can be had in Canada, coupled with the global recognition of Canadian institutions, is a major draw for international students.
In addition to the quality of education, the more favorable exchange rate of the Canadian dollar means that international students can obtain post-secondary schooling at a lower price compared to other countries. The average cost of an undergraduate education in Canada ranges from $20,000 to $40,000 CAD, depending on the province, institution, and program of study. Furthermore, Canada offers various financial aid programs for international students to ease financial pressures.
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Here is some additional information related to the top 10 source countries of new international students entering Canada in 2022:
India (226,450 students);
China (52,165 students);
Philippines (23,380 students);
France (16,725 students)
Nigeria (16,195 students);
Iran (13,525 students);
Republic of Korea (11,535 students);
Japan (10,955 students);
Mexico (10,405 students); and
Brazil (10,405 students).
Post Graduate Work Permit (PGWP)
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The ability to work within the country has also increased Canada’s popularity among foreign students. International graduates in Canada are eligible to receive a Post Graduate Work Permit (PGWP) upon completion of their studies. This open work permit allows students to reside and work full-time in the country after graduation, a key step in the immigration process for international graduates in Canada. International graduates in Canada also have a high employment rate, averaging 73% among graduates at all levels of education.
Canada is one of the few countries that provide international students with options to settle permanently in the country. Pursuing a Canadian education is one of the best ways to increase one’s eligibility for immigration. The path from student to immigrant usually involves obtaining a PGWP and acquiring the minimum necessary eligible full-time work experience, followed by applying for permanent residence through one of Canada’s immigration programs. Last year alone saw some 53,725 people transition from PGWP to permanent residence, speaking to the popularity and attainability of immigration for international students who want to transition from their current status to permanent residents of Canada.
Source: CIC NEWS
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