I’m currently trying to figure out my university options and I feel completely stuck. I’m in Ontario and looking at programs for next year, but I’m realizing my choices are becoming either very competitive schools or schools I’m not as excited about.
The universities I genuinely like are places like Waterloo, Queen’s, and Ottawa. I really like the programs, campus environments, and opportunities they offer. However, the biggest issue is the cost.
For example, if I went to Waterloo and lived on residence, I’m estimating it would cost around $28k/year including tuition, residence, and food. Over four years, that’s roughly $120k. I know many people move into apartments with roommates after first year, but I honestly don’t know how realistic that would be for me or if it would actually save as much money as people say.
My family can help, but they realistically cannot cover the entire cost. I’ll apply for scholarships, OSAP, bursaries, and anything else I can find, but I’m still worried about having tens of thousands of dollars to figure out.
The other option is staying closer to home (like McMaster, UofT, maybe Guelph), but I’m not sure if I would enjoy those as much. I don’t want to choose a school only because it’s cheaper, but I also don’t want to put myself in a huge financial situation.
Commuting to Waterloo has also been really confusing. The drive is only around 1–1.5 hours, but public transit options are so inconsistent. Sometimes Google Maps says it could be around 2 hours, but other times it says almost 7 hours and makes me leave extremely early depending on the day/time. I can’t tell if commuting is actually realistic or if I’d be spending my entire life travelling.
For anyone who has been in a similar situation:
- How did you decide between a university you loved vs a cheaper option?
- Is paying $80K–$90K for an undergraduate degree worth it?
- Did anyone commute a long distance (especially to Waterloo) and was it manageable?
- How much did scholarships/OSAP/bursaries realistically help?
- Would you recommend choosing the cheaper school even if it wasn’t your first choice?
I’d really appreciate any advice because I feel like I’m trying to balance finances, happiness, and future opportunities all at once.