Lower Canadian dollar may attract US applicants to Canadian Schools

January 25, 2016

With the Canadian Dollar currently near the 70 cent USD mark, Canadian schools may earn increased attention from prospective students from the US this year. With the Canadian dollar at its current value, the Globe and Mail predicts that undergraduates from the US would save, on average, about $7,000 by attending school in Canada. This could increase competition for Canadian applicants. There is already an increased number of Americans applying to institutions such as McGill University, according to McGill registrar Kathleen Massey. “We’re looking for the academically strongest students from across the world,” says Massey, “so if there are excellent students from the U.S., we would love to see them admitted to McGill, provided that we have space.” Globe and Mail (CP)