Fees

Fee Payments

Please note, no invoice will be mailed to you or your student. If you pay the fees for the student in your family, it remains the student’s responsibility to alert you to all deadlines and policies regarding fee payments. Parents or guardians may pay student fees provided that your student has given you a current invoice and/or the amount owing together with their 10 digit student account number.

Students have complete access to their student account, including fees owing, via Acorn/ROSI, the same computerized system that they use to enrol in courses. Students can print out the amount owing on their account directly from their record in Acorn/ROSI.

Fees are paid at your bank, in person, using telephone or online banking. Instructions on how and when to pay fees are provided by each faculty, as well as at the Student Accounts website.

For those paying for their student’s fees from outside Canada, the procedure is somewhat different. University of Toronto students normally pay tuition at a branch of a financial institution (bank) in Canada. If you need to make payment before you arrive in Canada, please visit the Student Accounts website for the two methods by which you may send money to the university.

Fee Payment Deadlines

Students register for each session by paying the Minimum Required Payment Amount that is displayed on the invoice or by getting a tuition deferral (to register without payment) by the divisional registration deadline. These registration deadline dates vary by division can be viewed by clicking the Minimum Payment to Register Deadlines link on the Acorn/ROSI homepage after logging in, and can also be found on the 2016 SUMMER SESSION (PDF) and the 2016 FALL – 2017 WINTER Session (PDF).

Deadlines for Post-Registration payment of Full Fall Term Tuition & Non-Tuition Fees

Fall-Winter session students have the option to pay fees:

  • On a sessional basis (both Fall and Winter together) by the Fall term fee payment deadline, or
  • By term (separate Fall and Winter term payments) as per the new fee payment and monthly service charge billing schedules that can be viewed in the Guide to Reading Your Invoice and Invoice FAQs link on the online invoice.

The two sessions are:

  • Fall-Winter session (September to April) The Fall-Winter session invoice summarizes both the Fall (September to December) term & Winter (January to April) term fees; and
  • Summer session (May to August) The Summer session invoice summarizes the Summer session fees.

Deadlines for Post-Registration payment of Full Fall Term Tuition & Non-Tuition Fees

Payment for the unpaid balance of Fall term fees is due by September 30. In the case of unpaid Fall term balances, monthly service charges are billed to the student starting October 15 and are billed until full payment has been made or the unpaid account has been transferred to an external collections agency. This includes students with an OSAP or other government loan deferral and students who have no deferral.

Exception: The payment deadline for students with a scholarship, award, graduate funding, sponsorship deferral, or approved tuition waiver for the Fall-Winter session is April 30 of the following year, and monthly service charge fees are billed to the student starting on May 15 of the following year.

Deadlines for Post-Registration payment of Full Winter Term Tuition & Non-Tuition Fees

Payment for the unpaid balance of Winter term fees is due by November 30. In the case of unpaid Winter term balances, monthly service charges are billed to the student starting December 15 and are billed until full payment has been made or the unpaid account has been transferred to an external collections agency.

Exceptions:

  • The payment deadline for students with an OSAP or Government loan deferral for Winter term fees is January 31, and monthly service charge fees are billed to the student starting on February 15; and
  • The payment deadline for students with a scholarship, award, graduate funding, or sponsorship deferral, or approved tuition waiver for the Fall-Winter session is April 30 of the following year, and monthly service charge fees are billed to the student starting on May 15 of the following year.

Students are responsible for planning sufficient time for payments to reach the University’s bank account and to be recorded in the student’s Acorn/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

If not paid in full, any outstanding Acorn/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum).

acorn-preview2