Fees & Financial Aid
Once you’ve enrolled in courses, you need to either make a minimum tuition fee payment or defer your fees (if eligible) to become a registered student. Students who miss payment deadlines will be at risk of being removed from their courses! Watch our Fee Payment Video below.
Viewing Your Fees
You will be able to view and print invoices from your Financial Account on ACORN starting after you enrol in at least once course. Please note that invoices are not mailed.
You can pay for your fees through your bank (online, telephone or in-person), or by credit card through ACORN. Whether you’re making a payment from within Canada, or outside of Canada, step-by-step instructions are available for you to follow here.
Deadline to pay your fees: TBD
Students who are receiving OSAP or an out-of province loan may be eligible for a tuition fee deferral, as their funding would not be available until September. A fee deferral allows eligible students to officially register for their studies without having to make a minimum fee payment until a later date. Fee deferral requests begin in July through ACORN. Learn how to request a fee deferral!
Students receiving scholarship funding greater than their minimum required payment may request a fee deferral through the Office of the Registrar.
Deadline to defer your fees: TBD
Registered Education Savings Plan (RESP)
If you have an RESP, and plan to make a withdrawal for the upcoming year, we can provide you with a Confirmation of Enrolment letter upon request (after you enrol in your courses).
How Are Tuition Fees Calculated?
Fees are comprised of course fees, along with incidental, system access and ancillary fees. Your tuition fees are calculated on a per-credit basis. The more courses you take, the more you pay. If you drop a course, you may be eligible for a full or partial refund, depending on the date the course is dropped. Fee and refund schedules for the 2021-2022 year will be posted on the Student Accounts website by June 2021.
For most students, course fees will be calculated on a per-credit basis throughout their degree. Some of our programs are deregulated and have higher fees starting in approximately second year. Learn more information about deregulated programs and their fee structures.
Non-Academic Incidental Fees
Non-Academic incidental fees are amounts charged in addition to tuition which cover the costs of services and programs not otherwise funded.
Student Financial Planner
Try out the Financial Planning Calculator for U of T students, a publicly available online tool to help you explore how much it will cost to study at U of T for one academic year. You can also create a budget and browse helpful resources!
OSAP (Ontario Student Assistance Program) is a needs-based Ontario government student loan and grant program designed to assist with the cost of postsecondary education. To learn more about OSAP, visit the OSAP website.
- The OSAP website explains how to begin a new application, which you can view here to help you get started. Once you have created your OSAP account, and begin the application, use the UTM How to Apply for OSAP Guide to help you complete your school, program, and course load fields in correctly.
Visit the following pages for more information about:
Have more questions? Connect with us through AskRegistrar to ask a question, find answers to your question or book an appointment with a Financial Aid Advisor.