All our Ph.D. students and most of our Masters students are funded either through personal scholarships, McGill scholarships, research assistantships, or teaching assistantships. The funding package offered to admitted students varies from student to student, as a function of needs and merit. The admission letter you will receive will contain a formal funding offer. If you are a great student, you will get a great offer. As an indication, the average student funding at the Ph.D. level is approximately 20,000$ per year, while it is approximately 15,000$ among funded Masters students. However, many students receive significantly more than the average.
If you come with your own scholarships (e.g. NSERC, FQRNT, or others), the department will systematically complement it with a top-up upon recruitment. Individual professors may be willing to offer additional funding. Precise top-up terms will be listed in the admission letter you will receive.
Apart from tuition fees, we estimate that a single student will need, on average, $12,000 per year to live in Montreal (note that the apartment rents in Montreal are usually 50% less than in Toronto and Vancouver). Nature Magazine featured an article on graduate student salaries, including comments from McGill graduate students.
Tuition and compulsory fees are described in the Graduate studies fee tables for the master's and the doctorate on the McGill Student Accounts site.
Note that are French citizens, diplomatic visa holders, and students accepted as refugees, pay fees at Canadian rates. Students from countries where Quebec has a fee waiver agreement may apply to the Minister of Education in their country for a fee waiver. Countries with such agreements currently include the following: Algeria, Argentina, Benin, Bolivia, Burkina-Faso, Burundi, Cameroun, Central African Republic, Chad, China, Colombia, Comoro Island, Congo, Costa Rica, Ecuador, Gabon, Guinea, Honduras, Ivory Coast, Kenya, Korea, Lebanon, Madagascar, Mali, Mauritania, Mauritius, Mexico, Morocco, Nigeria, Panama, Peru, Rwanda, Senegal, Togo, Tunisia, Venezuela, Zaire.
M.Sc. students must pay three consecutive terms of residence and Ph.D. students must pay between four and six consecutive terms of residence, depending on the level of admission they entered the program. After the required terms of residence fees have been paid, students pay additional session fees for each additional term they are registered. There is an additional fee of $500 for compulsory health insurance. This amount will cover one year of health insurance and is for single coverage.