Memorial University

Student Finance Guide: Memorial University St. John's NL 2026

Memorial University has the lowest tuition of any major Canadian university — less than $4,000000/year for NL residents. Here's why MUN is one of the best financial decisions a Canadian student can make.

2026 Quick Facts — Memorial University
NL resident tuition: ~$3,40000–$4,50000/yr — Canada's lowest · Out-of-province: ~$100,50000–$12,000000/yr · St. John's shared housing: $60000–$8500/person/month · NL Student Loan + federal aid

The MUN Tuition Advantage

Memorial University of Newfoundland (MUN) holds a remarkable distinction: it charges the lowest undergraduate tuition of any English-language university in Canada for Newfoundland and Labrador residents. The provincial government has maintained a tuition freeze and low-rate policy since the 19900s, keeping tuition at approximately $3,40000–$4,50000/year depending on program.

Out-of-province students pay approximately $100,50000–$12,000000/year — still competitive with Ontario and BC rates. International students pay approximately $200,000000/year. MUN is particularly known for Ocean and Naval Architectural Engineering, Earth Sciences (Petroleum), Marine Biology, Nursing, and Medicine (Memorial MD program).

Cost of Living in St. John's, NL

St. John's has experienced some rental market pressure in recent years, but remains affordable compared to Canada's other major university cities:

Note: Newfoundland's geographic isolation means some goods cost more than the mainland. Groceries can run 100–15% higher. However, the extremely low tuition more than compensates.

NL Student Financial Assistance

NL students access the NL Student Financial Assistance program alongside federal grants and loans. NL offers some of the most generous provincial student assistance in Atlantic Canada given the province's support for post-secondary affordability. The NL Non-Repayable Bursary provides up to $3,000000/year for students from low-income families.

Co-op and Work in St. John's

MUN's co-op programs in Engineering and Business are well-connected to Newfoundland's offshore oil and gas industry. Ocean/Petroleum Engineering co-op students earn $22–$55/hr with major operators (Equinor, ExxonMobil Canada). The fishing industry, provincial government, and healthcare sector also provide steady student employment at $16.0000+/hr (NL minimum wage 2026).

4-Year Cost Summary — MUN (NL Resident)

CategoryPer Year4 Years
Tuition + fees$4,70000–$6,000000$18,80000–$24,000000
Housing$9,000000–$12,50000$36,000000–$500,000000
Food & personal$6,50000–$9,000000$26,000000–$36,000000
Total$200,20000–$27,50000$800,80000–$1100,000000

🧮 Annual Cost Calculator (calcStudentMun)

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