Payment Schedule

UTM building interior


There are two payment schedules to follow as the new academic session approaches:

  1. Registration deadline (before classes begin)
  2. Payment deadlines to minimize or avoid service charges (after classes begin)

 

Registration Deadline 

Your tuition fee invoice will be available mid-July, as long as you're enrolled in at least one course. Confirm your attendance by making a minimum payment or deferring your fees if you're receiving a government student loan or scholarship. 

 If you're studying in the Fall and Winter termsIf you're studying in the Winter term only
Check your invoice on ACORNAs early as July 15, 2025As early as July 15, 2025
Minimum tuition payment deadlineAugust 12, 2025November 28, 2025
Proof of Payment period
(if you missed the payment deadline above)
August 13 - 25, 2025 at 4 pmNovember 29 - December 10, 2025 at 4pm
Fee deferral deadline on ACORN
(troubleshoot common issues with fee deferral)
August 25, 2025December 10, 2025
Financial cancellation dateAugust 26, 2025December 11, 2025

 

Service Charges

Once classes begin, your outstanding fees are subject to a monthly service charge at a rate of 1.5% compounded (19.56% annually) until your balance is paid in full. 

Tips and Considerations

  • Follow the tuition refund deadline when you're considering dropping a course
  • Avoid service charges by paying your fees in full or minimize service charges by making monthly payments
  • Changes to your course load can mean changes to your invoice, so monitor accordingly
  • It can take 2-5 business days for your payment to process. Service charges are applied on the balance as of the billing date and are not negotiable or reassessed. Give your financial institution plenty of time to make sure your payment is received on ACORN before the monthly service charge date!

 

Payment Schedule 

Follow the appropriate payment schedule to help you reduce your monthly service charge fees, or to avoid them altogether. 

 Deadline
Pay fall term fees in full to avoid service chargesSeptember 30, 2025
Monthly service charges begin
applied to accounts with an outstanding Fall term balance (until fees are paid in full)
Beginning October 15, 2025
Pay winter term fees in full to avoid service chargesJanuary 31, 2026
Monthly service charges 
applied to accounts with an outstanding balance (until fees are paid in full)
Beginning February 15, 2026
Deadline to pay all outstanding feesApril 30, 2026

 Deadline
Pay fall and winter feesApril 30, 2026
Monthly service charges begin
applied to accounts with an outstanding Fall term balance (until fees are paid in full)
Beginning May 15, 2026

 Deadline
Pay fall term fees in full to avoid service chargesSeptember 30, 2025
Monthly service charges begin
applied to accounts with an outstanding Fall term balance (until fees are paid in full)
Beginning October 15, 2025
Pay winter term fees in full to avoid service chargesNovember 30, 2025
Monthly service charges 
applied to accounts with an outstanding balance (until fees are paid in full)
December 15, 2025
Deadline to pay all outstanding feesApril 30, 2026

 Deadline
Monthly service charges 
applied to accounts with an outstanding balance (until fees are paid in full)
Beginning December 15, 2025
Deadline to pay all outstanding feesApril 30, 2026