Getting admission into the University of Toronto is one thing, but being able to pay your tuition fees is another. As an intending student of the U of T, you don’t need to know how much tuition to pay, just the easiest way to pay for it.
For this reason, this article will give details about the University of Toronto tuition fees and how to pay them.
Most importantly, as a prospective student, you should also know that there are other costs besides the official tuition fees. These costs include books, accommodations, and additional fees.
Though the U of T is out to make it easier for their students, to be able to pay for these costs, through their scholarships and financial aid.
So if you are struggling with the amount of the University of Toronto tuition fee and how to pay for it, this article will provide a solution. Alongside this, we will be giving you a breakdown of the cost of living in the University of Toronto, even for International students.
You can take a brief look at the table of contents below. It highlights all the major topics discussed in this article.
Table of contents
- Why Study at the University of Toronto?
- What is the University of Toronto Tuition Fees?
- University of Toronto Undergraduate Tuition Fees
- University of Toronto Graduate Tuition Fees
- University of Toronto Medical School Tuition and Fees
- University of Toronto Law School Tuition
- University of Toronto Engineering School Tuition
- University of Toronto MBA Tuition
- University of Toronto Dentistry School Tuition
- How and When to Pay for the University of Toronto Tuition?
- University of Toronto Scholarships/Financial Aids
- What is the Cost of Living at the University of Toronto?
- University of Toronto Tuition Fees FAQs
- Conclusion
Why Study at the University of Toronto?
Since its creation in 1827, the University of Toronto has, basically, become one of the leading learning institutions in Canada. Most importantly, it represents a historic building with more than 100 years of discovery and knowledge creation.
The University of Toronto, as it is called, is a public research university in Toronto, Ontario, Canada. To be precise, it is located on the grounds surrounding Queen’s Park.
U of T is a world leader in research and education and has an important presence in Canada and around the world.
Currently, the university is proud to be one of the best research-intensive universities in the world, motivated to invent and innovate.
Why Study at the University of Toronto?
UToronto has the most famous architecture and beautiful green spaces in the metropolitan area of Toronto and Mississauga. Above all, it offers an extraordinary environment to learn and work.
Most importantly, gaining admission to the University of Toronto has been less competitive recently. You can know more about the U of T acceptance rate by clicking here.
U of Toronto has three campuses: downtown Toronto (St. George), Mississauga (west) and Scarborough (east). And these campuses are located in one of the most dynamic urban environments in the world.
Equally, the total number of students enrolled in the fall of 2017 was 90,077. Including 70,890 national students and 19,187 international students, from 163 countries and regions. This, indeed, is great compared to other schools with their acceptance rate.
The U of Toronto has 44 libraries and 156 librarians. The library system at the University of Toronto has more than 19.5 million physical funds and more than 5.8 million electronic funds.
The library system at the University of Toronto is the third-largest in North America. So tell me why you won’t study at U of T.
According to the statistics of the fall of 2017 published by the university, UToronto has more than 4,332 faculty members assigned as active faculty members with teaching/research responsibilities and 5,75,924 students worldwide. This is indeed grand.
Toronto and its surroundings are regularly classified as one of North America’s most diverse urban centers. Toronto attracts large businesses, restaurants, entertainment, and community events wherever you go, making it a fantastic place to live and learn.
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What is the University of Toronto Tuition Fees?
At the University of Toronto, fees are subject to the number of credits units you take, and by the program, you want to enroll in.
Some of their programs are deregulated, meaning they have higher fees and a different fee structure. It is important to be aware of the fee structure before adding a deregulated program.
However, tuition fee schedules are brought forward to Governing Council by the Provost for approval in the Spring of each year. Then, the U of T finalizes the tuition fees for each academic year in the spring.
These fee schedules do not include all the relevant fees for each program listed. In addition to tuition fees, students must also pay Incidental, Ancillary, and System Access Fees.
Incidental fees are charged for student societies, campus services, sports, recreational facilities, and student health and dental plans. While auxiliary fees contribute to exit costs, special equipment is provided for lessons and administrative costs.
For specific information regarding tuition and fees, including incidental fees, and payment, students will have to visit Student Accounts.
However, we will be discussing in detail some course tuition and fees, including:
- University of Toronto Medical School Tuition Fee for Domestic and International Students
- University of Toronto Law School Tuition for Domestic and International Students
- Undergraduate Tuition Fees for both Domestic and International Students
- University of Toronto Dentistry Tuition Fee for both Domestic and International Students
- University of Toronto Tuition Fee Engineering for both Domestic and International Students
- Tuition fees for International Students
- University of Toronto MBA Tuition Fee for both Domestic and International Students
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University of Toronto Undergraduate Tuition Fees
In order to give you an overview of what the University of Toronto Undergraduate Tuition Fees are, we will be giving you the tuition fee from the Faculty of Arts & Science. And it is for all the campuses, including St. George/UTM/UTSC & Woodsworth.
Also, the U of T Undergraduate tuition fees are for Domestic and International students. So expect to see the full details of the University of Toronto Undergraduate Tuition fees for domestic and International students.
The amount mentioned below corresponds to the finalized rates for full-time undergraduate courses, for the years 2020-2024 to 2024-2024:
| Programs | Dometic Students | International Students | ||
|---|---|---|---|---|
| Year 1 | Upper Year | Year 1 | Upper Year | |
| Computer Science | $6,100 | $11,420 | $53,290 | $58,970 |
| Management | $6,100 | $15,900 | $53,290 | $64,810 |
| Woodsworth Certificates | $6,100 | Nil | $53,290 | Nil |
| All Other Programs | $6,100 | $6,100 | $53,290 | $55,950 |
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University of Toronto Graduate Tuition Fees
In order to give you an overview of what the University of Toronto Graduate Tuition and Fees are, we will also be giving you the tuition fees from the Faculty of Arts & Science. And it is for all the campuses, including St. George/UTM/UTSC & Woodsworth.
Also, the U of T Graduate tuition fees is for Domestic and International students. So expect to see the full details of the University of Toronto Graduate Tuition fees for domestic and International students.
The amount mentioned below corresponds to the finalized rates for full-time graduate courses, for the years 2024-2024 to 2024-2024:
| Programs | 2019-2020 | 2020-2024 |
| ARTS & SCIENCE ST. GEORGE PROFESSIONAL MASTERS: | ||
| Master of Science in Planning | 10,080 | 10,080 |
| Master of Financial Economics | 30,510 | 30,510 |
| Master of Public Policy | 17,680 | 17,680 |
| Master of Industrial Relations & Human Resources (Two-Year) | 10,660 | 10,660 |
| Master of Industrial Relations & Human Resources (Advanced Standing Option) | 16,000 | 16,000 |
| Master of Global Affairs | 21,070 | 21,070 |
| Master of Science in Applied Computing | 11,220 | 11,220 |
| Master of Financial Insurance | 26,780 | 26,780 |
| UTM PROFESSIONAL MASTERS: | ||
| Master of Forensic Accounting | 19,240 | 19,240 |
| Master of Forensic Accounting (Advanced Standing Option) | 9,000 | 9,000 |
| Master of Management and Professional Accounting | 29,680 | 29,680 |
| Master of Biotechnology | 17,730 | 17,730 |
| Master of Science in Biomedical Communication | 11,950 | 11,950 |
| Master of Management of Innovation | 30,300 | 30,300 |
| 3) Master of Management in Urban Innovation | 16,880 | 16,880 |
| Master of Science in Sustainability Management | 16,880 | 16,880 |
| UTSC PROFESSIONAL MASTERS: | ||
| Masters in Environmental Science | 12,310 | 12,310 |
| Masters of Accounting and Finance | 19,590 | 19,590 |
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University of Toronto Medical School Tuition and Fees
Each student enrolled in the MD program must pay an annual fee to the Office of Student Accounts. The calendar below describes the rates for the 2024 academic year and is subject to change.
The School of Medicine has a commitment to respecting the Financial Support Policy (PDF) for students of the University of Toronto (U of T) that states that each student will have access (through a system of grants and loans) to the necessary resources to satisfy your needs.
University of Toronto Medical Undergraduate Tuition and Fees
St. George Campus
| Domestic Students | International Students | |
| Tuition Fee (Year One) | $23,090 | $84,960 |
| Incidental Fee | $1,745.40 | $1,745.40 |
| University Health Insurance Premium | _ | $636 |
| Total Fee Payable (Year One) | $24,835.40 | $87,341.40 |
Mississauga Campus
| Domestic Students | International Students | |
| Tuition Fee (Year One) | $23,090 | $91,760 |
| Incidental Fee | $2,196.42 | $2,196.42 |
| University Health Insurance Premium | _ | $636 |
| Total Fee Payable (Year One) | $25,286.42 | $87,792.42 |
Note That:
* Incidental fees include Hart House, Athletics, Health Services, U of T Students’ Union, Medical Society and Student Services Fee.
** Incidental Fees are subject to change.
Additional Costs
There are other additional costs for first-year student budget items. Such as the Books and Equipment which cost $1,700, and Living Expenses (Rent, food, and others), which cost $16,740. Hence the total costs now become $18,440.
Individual budgets may vary depending upon the living situation and personal spending habits.
University of Toronto Medical Graduate Tuition and Fees
For the Graduate Tuition and Fees at the University of Toronto, there are specific courses with different tuition fees.
The Graduate Diploma in Health Research (Part-time Term Fee) costs $1,582.5. And for other professional masters cost $10,550.
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University of Toronto Law School Tuition
Fees for the JD program are approved by the Governing Council of the University and consist of:
- academic fees – including instruction and library
- incidental fees – including campus fees; orientation; health insurance and dental plan; athletic fees; student system access fees
Domestic Students
The official domestic fees for the 2024 academic year (Fall & Winter Session), are in Canadian currency and can be paid online. So here is a full detail of the University of Toronto Law Tuition for Domestics Students.
The 2024-2024 tuition fees are not expected to change from the 2024 amounts.
- Fall term = September to December
- Winter term = January to April
| Year of Study | Term | Program (tuition) | Mandatory Incidental* | Optional Incidental* |
| First-Year Students | Fall** | 16,520 | 743.33 | 78.35 |
| Winter | 16,520 | 694.83 | 78.35 | 17,293.18 |
| Total | 33,040 | 1,438.16 | 156.70 | 34,634.86 |
| Upper Year Students | Fall | 16,520 | 718.33 | 78.35 |
| Winter | 16,520 | 669.83 | 78.35 | 17,268.18 |
| Total | 33,040 | 1,388.16 | 156.70 | 34,584.86 |
International Students
According to the recommendations of the Government of Ontario, certain categories of students who are not Canadian citizens or permanent residents must pay higher tuition fees.
In Canadian currency, the official international rates for the 2024-2024 academic year (fall and winter session) are online at the UofT Student Accounts website.
| Year of Study | Term | Program (tuition) | Mandatory Incidental* | Optional Incidental* | UHIP *** |
|
First Year Students | Fall** | 25,865 | 746.64 | 75.04 | 636 |
| Winter | 25,865 | 698.14 | 75.04 | included in above | 26,638.18 |
| Total | 51,730 | 1,444.78 | 150.08 | 636 | 53,960.86 |
| Upper Year Students | Fall** | 25,865 | 721.64 | 75.04 | 636 |
| Winter | 25,865 | 673.14 | 75.04 | included in above | 26,613.18 |
| Total | 51,730 | 1,394.78 | 150.08 | 636 | 53,910.86 |
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University of Toronto Engineering School Tuition
Obviously, getting a prestigious degree from the University of Toronto will definitely cost some money. Well, this article will give you full details of the U of T Engineering education cost.
The quality of a U of T Engineering education is world-class, and the cost of attending is competitive.
Tuition Fees for full-time studies for the University of Toronto Engineering academic year are listed below in Canadian Dollars. Also, the tuition fees are for domestic and international students.
The University of Toronto Engineering Tuition Fees for Domestic Students is $14,180 per academic session. Then for the University of Toronto Engineering Tuition Fees for International Students, it is $58,680 per academic year.
Also, there are additional fees that come along with tuition fees. Such as the Incidental fees, Residence, Meal Plan, and Books/Supplies.
Firstly, the incidental fees for domestic students are $1,621.82, while the incidental fees for International students are also $1,628.82 per academic session.
Secondly, the residence fees range from $11,000–$20,000 for both domestic and international students. And also for the meal plans ranging from $1,800—$3,000 for both domestic and international students.
Finally, the Books/Supplies Fees range from $1,500-$2,000+ for both domestic and international students.
University of Toronto MBA Tuition
The Rotman School of Management offers a two-year, full-time MBA degree, part-time morning and evening MBA programs, a one-year executive MBA program, an 18-month Global Executive MBA covering four continents and 10 world business hubs, and a Ph.D. and other related degrees.
Hence, we will be giving the full details of the University of Toronto MBA Tuition.
University of Toronto Full-Time MBA Program Tuition Fee
For the Class of 2020, the University of Toronto’s full-time MBA degree tuition for both years is $92,500 CAD for Canadian citizens and permanent residents, and $120,680 CAD for international students.
Excluding significant ancillary fees (please note that tuition fees, University incidental fees, and the Rotman ancillary fees are set annually and are subject to change).
The estimated minimum funds a single student would need for living expenses for the first 12 months in Toronto $20,856–$28,756.
University of Toronto Morning/Evening MBA Program Tuition Fee
For the University of Toronto, part-time MBA Class of 2024, three years of part-time study towards an MBA degree tuition is $90,772 CAD for Canadian citizens and permanent residents, and $120,681 CAD for international students. Excluding significant ancillary fees (please note that tuition, University incidental, and the Rotman ancillary fees are set annually and are subject to change).
The estimated minimum funds a single student would need for living expenses for the first 12 months in Toronto $20,856 to $28,756.
More than $4 million of financial aid is available through the Rotman School of Management. This aid comes in the form of a multitude of loan programs, government financial assistance and employment opportunities for both domestic and international students.
University of Toronto Executive MBA Program Tuition Fee
The cost of tuition for the University of Toronto Executive MBA is $113,775 CAD. This includes tuition, all program materials, class-day meals, accommodations for Toronto residential modules, and customized career coaching.
The One-Year EMBA program is considered a full-time MBA program and therefore the tuition fee is partly tax-deductible. It also qualifies for the Canada Revenue Agency’s Life Long Learning Plan.
There are some scholarships available. Interested students must submit a letter of request for each award they are applying for, outlining their candidacy. All awarded candidates are contacted before the program start.
The Global EMBA costs a total of $107,000 CAD. This includes tuition, meals on class days, and transportation during each module. It does not include travel visas, flights, accommodations, or other personal expenses related to the program.
University of Toronto Master of Finance Program Tuition Fee
Current tuition for entry into the University of Toronto Master of Finance program at the Rotman School of Business is $61,200 CAD for domestic students and $87,720 CAD for international students.
University of Toronto Dentistry School Tuition
The tuition fees for the dentistry program in 2024 are approximately $37,080 per year for domestic students and $101,200 per year for international students.
These tuition fees include both academic, non-academic, and dental instrument fees. The dental program is four years in length.
How and When to Pay for the University of Toronto Tuition?
To complete registration, you’ll need to pay your fees ahead of your Faculty’s registration deadline. You may have the option of deferring your fee payment if you’ll be receiving government financial aid or other financial assistance.
You can arrange to make partial payments, although this will involve a service charge. If you’re planning to live in residence and/or use a meal plan, you’ll need to pay for these over two installments or arrange for partial payments with a service charge. Residence and meal-plan payments cannot be deferred.
However, there are different options available to make it convenient for you to pay your tuition fees through your bank or financial institution.
After you make a payment, keep a receipt or proof of payment until it is credited to your ACORN account. Screenshots are acceptable if you made a payment online.
Please allow up to 7 business days for your payment to process, and up to 14 business days for payments made outside of Canada.
How to Pay: Invoices, Payments, and Deferrals
Select the payment option of your choice:
Internet, Telephone, or ATM
- Set up a new bill and register the University of Toronto as a payee.
- Enter your U of T account number, which can be found on the upper right-hand corner of your invoice (LASTNAME1234567890).
In-Person at Your Bank
- Print a copy of your invoice directly from ACORN using your Internet browser settings. Most banks accept printed copies.
- Payments at the Registrar’s Office for tuition are not accepted.
Credit Card Payments on ACORN
Once your tuition fee invoice is posted with your upcoming balance, you will be able to make your payment using a credit card.
- Login to ACORN to view your fees beginning July 17
- Under the Finances menu, select “Make a Payment” using the credit card option.
- View the online tutorial if needed.
A few important notes
- It takes 2-3 business days for your payment to be processed successfully
- A non-refundable fee calculated at 1.75% of your payments is charged by Moneris.
- Non-Canadian dollar-denominated credit card fee payments will be subject to foreign exchange rates and fees determined by your credit card company.
HigherEd Points
- Convert Aeroplan Miles and TD Travel Rewards Program points into $250 worth of credits that you can use toward your fees.
- Visit www.higheredpoints.com for more information
Western Union GlobalPay (Payments made outside of Canada)
- Pay your tuition fees at a local bank using the equivalent Canadian dollar amount
- Allow up to 14 business days for bank processing
- For full details and assistance please visit www.fees.utoronto.ca
When to Pay: Registration Deadlines
Your registration deadline is dependent upon your Faculty and/or program. You will need to pay your tuition, incidental and ancillary fees by that date, or arrange a payment deferral if you’ll receive OSAP or other government financial aid.
Be sure to plan enough time for your bank to transfer the funds to the University, as this can sometimes take between three to five business days, and even longer for international payments.
Well, to register for the upcoming session(s), it is important for you to make your payment as soon as your fees are posted on ACORN, and no later than August 15. Remember, your payments require time to process, so please plan accordingly.
Your Registration Status
- Before making a payment, your registration status is invited – you are eligible to add courses, and return for the upcoming session(s), or that you have already added courses.
- Your registration status must be registered by August 29 in order to secure your spot in the courses you have selected.
Payments Made Before or On August 15
Thank you for meeting the deadline! Your next steps:
- Relax, and please be patient.
- Allow time for your payment to process. It can take up to 7 business days for payments made in Canada, and up to 14 business days for payments made outside of Canada.
- Your registration status must say “registered” by August 29, so simply monitor your account.
Payments Made between August 16 – August 29
- You are at risk of being removed from courses.
- To avoid being removed from courses, submit your proof of payment online no later than August 29 at 4:00 pm.
Missing the Payment Deadline
If your status is invited by August 30, you will be financially canceled and removed from all courses. Tuition payment or requesting a fee deferral is your way of confirming your intent to register and take courses for the upcoming session(s).
In cases where your circumstances change, and you are no longer able to attend classes, this automatic cancellation on August 30 is a safe way to ensure that fees do not continue to accrue on your account.
Late Registration
If you are financially canceled due to non-payment, or an unsuccessful fee deferral, you can reinstate your registration in order to add courses on ACORN. The late registration penalty is $44 on the first day and will increase by $5 for each additional business day. This request can be completed and paid for online by submitting the Late Registration Form.
The late registration fee is effective as of:
- August 31 for F and/or Y courses
- December 13 for S courses only
University of Toronto Scholarships/Financial Aids
The University of Toronto has comprehensive scholarship programs that recognize outstanding achievement at different levels of study.
Most importantly, the University, its colleges, faculties, and divisions award approximately 4,500 admission scholarships that total nearly $20 million and nearly 5,000 in-course awards each year.
Meanwhile, the majority of their admission scholarships for international undergraduate applicants are awarded through our automatic awards programs.
International secondary students are considered for these awards as a part of the admissions review process.
Hence, the two major admission awards are the University of Toronto Scholars Program and the President’s Scholars of Excellence Program. No separate application is required as they are merit-based.
Also, the Faculty of Medicine offers a limited number of merit-based scholarships in each year of study, based on a number of different criteria, including:
- academic standing
- community or faculty involvement
- extracurricular activity
- financial need
- Aboriginal ancestry
Above all, awards and scholarship recipients must be in good standing.
What is the Cost of Living at the University of Toronto?
Student Accommodation
The university guarantees accommodation for all freshmen enrolled in undergraduate courses. This must be communicated when completing the application. Few residences are open to all students, while others are only open to those who pursue a particular academic program.
Below is a detailed description of the residences, available to students at the University of Toronto:
- Downtown Toronto campus offers residential facilities at the seven universities, Chestnut Residence, Graduate House and Student Family Housing.
- Mississauga campus offers three different accommodation options, namely residences, townhouses, and apartments.
- Scarborough residential complex is just a two-minute walk from university buildings, houses, and apartments.
Residential establishments for the Toronto downtown campus Students: Students registered on the campus of the university center can choose between three types of accommodation: Residence Halls, Townhouses, and Apartments.
- More than 1,500 students live in residences on the downtown Toronto campus.
- Students must submit their residency application before March 31 to apply for residency.
- The month of moving for most residents in downtown Toronto is September and January.
Transportation Cost
You’ll find many ways of getting around in Toronto and the GTA, with its interconnected bus routes, subways, streetcar lines, GO trains, bike trails, walking paths, and a campus-to-campus shuttle.
All campuses have well-lit walking paths linking buildings and provide various accessible transportation options. Decide how you’re going to move around, and plan your route!
Additional Fees
| Item | Cost | Notes |
| Additional Academic Fees: Co-op Programs Joint Programs | $946 – $1,330 $40 – $190 | Approximate annual cost for the administration of work terms, internships/field experience and teaching placements. |
| Incidental/Ancillary Fees | $1,885.98 | Fees are for student services operated by the student union and the University. |
| Residence Housing | $5,991 – $10,105 | Cost includes heat, electricity, water and wi-fi. Meal plan cost not included. |
| Books & School Supplies | $1,500 | Approximate cost of books and supplied for classes |
| University Health Insurance (UHIP) | $636 | Approximate 12-month annual cost. Mandatory for international students. |
University of Toronto Tuition Fees FAQs
If you’re a Canadian citizen studying in Canada, you can expect to pay an average of CA$6,463 per year for an undergraduate degree, and CA$7,056 per year for a graduate degree.
At the University of Toronto, fees are subject to the number of credits units you take, and by the program, you want to enroll in. Some of their programs are deregulated, meaning they have higher fees and a different fee structure. It is important to be aware of the fee structure before adding a deregulated program.
1. Domestic students. Pay your fees through a bank in person, online or through telephone banking. Remember, fees payments are not accepted on campus.
2. International students should use Western Union’s GlobalPay or send a bank draft or money order in Canadian funds to the University of Toronto.
At the University of Toronto, tuition fees for undergraduate domestic students start at CA$6,780 ($8,603.92, including ancillary fees), depending on the program.
For international students, prices are inevitably higher, ranging from around $35,890 to $58,680, again depending on the program chosen.
The University of Toronto Engineering Tuition Fees for Domestic Students is $14,180 per academic session. Then for the University of Toronto Engineering Tuition Fees for International Students, it is $58,680 per academic year.
The tuition fees for the dentistry program in 2024 are approximately $37,080 per year for domestic students and $101,200 per year for international students. These tuition fees include both academic, non-academic, and dental instrument fees.
For the Class of 2024, the University of Toronto full-time MBA degree tuition for both years is $92,500 CAD for Canadian citizens and permanent residents, and $120,680 CAD for international students—excluding significant ancillary fees (please note that tuition fees, University incidental fees and the Rotman ancillary fees are set annually and are subject to change).
The estimated minimum funds a single student would need for living expenses for the first 12 months in Toronto $20,856–$28,756.
FAQs On University of Toronto
Admission to the University of Toronto is competitive. You will be considered on your academic history; some programs require supplementary applications, auditions, or profiles.
Candidates with a minimum 3.7 GPA can apply for the programs offered by the University of Toronto. The application process may vary for international and local students.
The University of Toronto is a public institution that was founded in 1827.
Once you have responded to your offer, your status on the JOIN U of T Portal will change to “Accepted”. You have now successfully accepted your offer and will be part of our incoming class in September, congratulations!
Conclusion
Like we said earlier, getting admission into the University of Toronto is one thing while being able to pay for tuition fees is another. As an intending student of the U of T, you just don’t need to know about how much tuition to pay, but the easiest way to pay for it.
For this reason, everything written above will give you details about the University of Toronto tuition fees and how to pay for them. Feel free to ask questions where you are confused.
References
- metromba.com – Rotman School of Management – University of Toronto
- https://www.utm.utoronto.ca/registrar/2017-2018-registration-guide/tuition-fees
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