Fee payment video transcript

You enrolled in courses and finally got your schedule just the way you want it. You're all set, right? Well, not quite. You still need to become a registered student by paying or deferring your fees, because if you don't, you'll be removed from your courses.
 
If you choose to pay your fees, you need to pay at least the minimum amount listed on your ACORN account by the deadline found in the Registration Guide. If you still have a balance from previous academic sessions, you need to pay those fees too. To find out how much you owe, log on to ACORN, select “Financial Account” and click “Show Invoice.” You'll find your minimum payment here.
 
There are a few ways to pay your fees. If you have an account at a major Canadian bank or credit union, you can pay your fees at the bank, or through online or telephone banking. Don’t wait until the last minute – it can take up to five business days for your payment to be processed and reflected on ACORN. If you're paying from a credit union, it may take a little longer.
 
If you're outside of Canada, you can make a payment through Western Union GlobalPay for Students, or you can send a bank draft or money order in Canadian funds. For full details, check out the student accounts website, fees.utoronto.ca.
 
In certain situations, your fee payment can be deferred, which means that you’ll be registered even though you haven’t paid. You can defer your fee payment if you meet these two conditions:
 
1. You must receive either an assessment that is greater than $0 for a government student loan or sponsorship, OR a scholarship that covers the amount of your minimum payment.
 
AND
 
2. You must have paid your balance from previous academic sessions in full.
 
Check out the Registration Guide to learn about deferrals. 
 
Once your payment or deferral has been processed, the status on your ACORN account will change from “invited” to “registered”, which means you're officially a registered student.
 
You have the rest of the session to pay the remaining fees, but keep in mind that, depending on how you registered, a monthly service charge of 1.5% of the remaining balance can be charged on your account as early as October 15 for the Fall/Winter Session, or June 15 for the Summer Session. For complete details, read the Registration Guide at www.utm.utoronto.ca/guides
 
If you have any questions, call or drop by the Office of the Registrar, and we'll help you figure it all out.