University of Waterloo Tuition Fee, Cost of Living +More

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Located in Canada, the University of Waterloo is a public research university with more than 30,000 students from different countries around the globe. Students are largely drawn by the university’s reputation as one of Canada’s leading universities. Moreso, Waterloo is ranked 25 in the world for graduate employability (QS Graduate Employability Rankings 2020) and also possess the largest co-op (paid internship) program in North America.

Importantly, as an international student, you need to secure admission into a school that provides the basics for your chosen course or field of study. Likewise, it is essential to choose a country with a wide range of opportunities and a great standard of living.

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This article elaborates on everything you need to know if you are considering studying at the University of Waterloo. Also, you will learn about their tuition fees, the cost of living as it relates to your stay, Accommodation, and finally why the school is a good fit for you.

Now, let’s dive in!

All You Need To Know About the University of Waterloo

The university offers both graduate and undergraduate programmes. You can access more elaborate information when you choose a course of study on their website. Below is a breakdown of everything you need to know about the University of Waterloo, which includes as it relates to your study at the university.

Available Programmes at the University of Waterloo According to Ranking

When considering a study destination, this is a key factor to look out for, before proceeding to decide whether the environment, mode of learning and other factors meet your needs.

From biotechnology, and robotics to health, digital arts, data science, and sustainability – all together, the University of Waterloo offers 100+ programmes. Nevertheless, I have listed out the tops according to the course ranking as seen below.

Business Courses

  • #101-150 – Accounting & Finance: Ranked by the QS World University Ranking 2020
  • #176-200 – Business and Economics: Ranked by the (Times Higher Education) 2021

Engineering Courses

  • #41 – Engineering and Technology: Ranked by the QS World University Ranking 2020
  • #82 – Engineering and Technology: Ranked by the (Times Higher Education) 2021

Computers Courses

  • #45 – Computers: – Ranked by the (Times Higher Education) 2021

University of Waterloo Ranking

Ranked By201620172018201920202021
ARWU (Shanghai Ranking) – Universities Rankings 201-300201-300151-200151-200151-200NA
QS – World University RankingNA152152163173166
THE (Times Higher Education) – University RankingNA173201-250201-250201-250201-250
US News & World Report – Global UniversitiesNANA215217217210
Ranking at the University of Waterloo

Tuition and Fees at the University of Waterloo

Their Tuition fees are listed one term at a time, therefore, are subject to change on an annual basis by the University of Waterloo. In addition, you can access up-to-date information on tuition fee schedules for both domestic and international students through their Finance Office.

Nevertheless, these amounts are approximate and should be used only as a guide because your costs will vary depending on your personal needs and lifestyle.

Cost of Living at the University of Waterloo

Below is an estimated living cost for a single person living in Waterloo which covers over a four-month academic term

ExpenseEstimated cost (one term)
Housing (off-campus) and utilities – estimated at $600 – $800 per month$2,400 to $3,200
Food – groceries estimated at $235 per month$940
Personal expenses – estimated at $385 per month$1,540
Books and supplies (varies by program)$500 to $1,000
Total estimated living costs$5,380 to $6,680
An overview of the cost of living at the University of Waterloo

Frequently Asked Questions About the University of Waterloo

Subsequently, you might be thinking a whole lot about the school and its structure to know if it is the best option for you. So, I have covered that as well. Read on…

  1. Is it hard to get into the University of Waterloo?

No, it is not.

For example, If you want to get into the university, the first thing to look at is the acceptance rate and what their requirements are. They expect you to meet their GPA and SAT/ACT scores requirements but are more flexible when compared to schools.

  1. What is the acceptance rate for the University of Waterloo?

The acceptance rate at the University of Waterloo is 53%.

  1. What should I focus on when applying to study at the University of Waterloo

While there is a lot of information about the college application, you need to focus mainly on critical things like GPA requirements, Test requirements (Which includes SAT and ACT requirements) and other application requirements.

  1. What is Waterloo University known for?

The University is known for the following:

  • They are the 19th in the world for Hospitality and Leisure Studies.
  • Known to be 31st in the world for Computer Science and Information Systems.
  • Stand out as the 39th in the world for Mathematics.
  • and finally, among the Top 75 for Engineering and Technology.
  1. Is Waterloo good for international students?

Although Waterloo is ranked 25 in the world for graduate employability (QS Graduate Employability Rankings 2020), it is also a friendly destination for international students.

  1. Does Waterloo require SAT?

The SAT or ACT is optional, they are however recommended by the school to improve your application chances. Although they are both required if you are applying to an Engineering program.

Why should I study in Waterloo

Waterloo is a school that will help you gain relevant experience for whatever career path you wish to pursue both now and in the future. They have the largest co-op program in North America, as well as international exchanges, clubs, certificate programs, lab work, field studies, and hackathons, which are all examples of interesting ways to pursue your interests.

Below are Top 5 Reasons to study in Canada at the University of Waterloo

  1. Affordable: Tuition fees and cost of living are lower than in the United Kingdom or the United States of America and most other top cities.
  2. Earn money while studying: You can earn money through the co-op program.
  3. World class education: The education system ranks among the best in the world
  4. Prestigious degree: A Canadian degree will open doors for you both home and abroad
  5. Safe, peaceful, and politically stable: Canada is one of the world’s best countries to live in, due to the standards of living and the stability.
  6. Work opportunities: You can work on or off campus during your studies and for up to 3 years after graduation

WATCH! Top 10 Canadian Universities For International Students

Scholarships in Waterloo

There is a wide range of opportunities in Waterloo, there are also scholarships available for both in the country and international students.

Other Scholarships in Canada

Having read this far, be rest assured that you are good to go. But before then, let me share 10 Things You Must Ask Yourself Before Applying to a Scholarship – this would help you if you are looking to secure a scholarship to study at the University of Waterloo.

Meanwhile, you can actually travel abroad for free. Are you in doubt? Click here to find out how.

Until next time, your success matters!


  • Gift is a professional Content & SEO Strategist, and a Digital Marketer. A research enthusiast who is passionate about entrepreneurship and people development. She works with After School Africa as a content/SEO & marketing personnel.