🇨🇦 Data Science · Canada

Education Loan for Masters in Data Science in Canada

How much Indian students borrow for a Masters in Data Science in Canada, which loan route fits and what the EMI looks like.

Typical loan ₹82 lakh
Total ₹65 lakh – ₹1.33 crore
Secured loan advised
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Quick answer

How much education loan do I need for a Masters in Data Science in Canada?

On our 6 universities offering Data Science in Canada, total costs run from ₹65 lakh – ₹1.33 crore. A typical borrower takes about ₹82 lakh — at that size a secured loan gives the lowest rate and highest limit. The EMI at 10.5% over 10 years is about ₹1,10,647 a month.

Ask on WhatsAppUpdated October 2026 · Reviewed by the Visa Edu Loans admissions & finance desk

Loan for Masters in Data Science in Canada

Total cost range: ₹65 lakh – ₹1.33 crore
Typical loan: ₹82 lakh
EMI (10.5%, 10 years): ₹1,10,647 a month
Funds for the visa: Canada study permit

Costs

Data Science costs in Canada

Data Science costs in Canada
University	Total in ₹
Dalhousie	₹65 lakh – ₹80 lakh
TMU	₹70 lakh – ₹85 lakh
SFU	₹77 lakh – ₹92 lakh
Waterloo	₹85 lakh – ₹1.2 crore
UBC	₹90 lakh – ₹1.19 crore
U of T	₹97 lakh – ₹1.33 crore

Repayment

EMI on a ₹82 lakh loan

EMI on a ₹82 lakh loan
Rate	7 years	10 years	15 years
9%	₹1,31,930	₹1,03,874	₹83,170
10.5%	₹1,38,258	₹1,10,647	₹90,643
12%	₹1,44,752	₹1,17,646	₹98,414

Lenders

Which lenders fit

Which lenders fit
Lender	Type	Why
SBI	Public sector bank	Low secured rates and very high limits, but slower and collateral-heavy
Bank of Baroda	Public sector bank	Public-bank pricing with a premier list for collateral-free amounts
PNB	Public sector bank	Wide branch network and public-bank rates; margin money applies
Canara Bank	Public sector bank	Strong in South India; public-bank pricing
Union Bank	Public sector bank	Public-bank pricing; large secured limits
Bank of India	Public sector bank	Public-bank pricing for secured loans
HDFC Bank	Private bank	Private-bank speed with secured and unsecured options

FAQs

Frequently asked questions

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Lenders fund up to the full cost of attendance less margin money — commonly ₹66 lakh–₹1.19 crore for this program.

Possible for listed universities with a strong co-applicant, but amounts this large usually need collateral for the best rates.

After the course plus a moratorium (usually 6–12 months); interest may accrue during study.

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Data Science in Canada

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