Universities in Canada hit a surplus of $7.3bn from international student tuitions
Over the past decade, tuition revenues have become more important to universities, increasing the total revenues from 21.5% to 28.8%.
While the university revenues jumped to 12.8%, nearing $46.3 billion, at the same time, expenses fell 3.8%, to $39bilion.
For international tuition, students are required to pay three times more than domestic students.
Tuition costs do however vary from program to program, as well as from university to university.