You can find your tuition fees on ACORN once you log in: “Dashboard” -> “View Invoice” or “Financial Account” -> “View Invoice”. Your invoice is a complete record of everything you’ll owe during the upcoming academic year. Here’s a guide to reading your invoice. If you’re living in a student residence, you’ll find your residence fees here as well.
The cost of attending U of T can be a challenge – but there are several ways to receive financial aid and help manage the cost.
Financial Assistance and Exemptions
UTAPS
The U of T Advanced Planning for Students (UTAPS) is a funding program that aims to fill the financial gap for eligible U of T students.
OSAP
The Ontario Student Assistance Program (OSAP) is a financial aid program for college/university students offered by the Government of Ontario. This program is only available to Canadian citizens, permanent residents, or protected persons who are Ontario residents.
There are two types of OSAP funding: grants and student loans. A grant is money that you don’t have to pay back, whereas a loan is money you’ll pay back after you finish school. OSAP loans are interest-free provided students remain enrolled in at least 60% course load during the academic year (minimum 1.5 credits per term).
To learn more about the OSAP program and how to apply, check out the OSAP website and U of T’s Finances page.
Other Provincial Student Aid
Every Canadian province has its own student aid system like OSAP. If you’re a domestic student from outside of Ontario, you may be eligible to receive student aid from your province, which you can use even when studying outside of that province. For complete information, visit this Government of Canada site on Student Grants and Loans.
If you are waiting for provincial or territorial student aid to arrive, you may be eligible to defer your minimum payment in ACORN if:
- You meet the general eligibility requirements
- You submitted your Provincial and Territorial Student Aid application by the recommended deadline of June 30 for the Fall/Winter session
- You have submitted your required documents to the University Registrar’s office through the Out of Province Portal and waited 5 business days, then log into ACORN during the tuition fee deferral period
International Student Aid
The University of Toronto is a publicly funded institution and because of this, cannot provide financial aid to international students. Some countries or companies will sponsor international students to study at certain universities; if you’re an international student, check your eligibility for any opportunities associated with your home country.
Other Private Loans
Domestic students who are not eligible for Government Aid (OSAP or Oher Provincial Student Aid) may need to look into a bank loan or student line of credit; please note these require a co-signer.
Scholarships
Admission scholarship decisions have all been made.
Undergraduate students in engineering are considered for scholarships at the end of every academic year of study, we refer to these as In-course Scholarships/Awards.
- Some in-course scholarships/awards are purely based on merit, and all undergraduate students in engineering are automatically considered for these awards.
- Some in-course scholarships/awards include extra-curricular/leadership in the terms, and students are required to complete the Online Engineering Portfolio (ePortfolio) to be considered for these awards.
- Some in-course scholarships/awards may also include financial need in addition to merit and/or extra-curricular/leadership.
There are also University and/or external scholarships/awards for engineering students, please visit the Scholarships and Opportunities site for more information on these awards.
We also encourage domestic students to check websites, such as www.scholarshipscanada.com, www.studentawards.com and www.studentscholarships.org for any other external scholarships you may qualify for.
Other Financial Aid Resources
The U of T Finances page has numerous resources about financial aid for out-of-province students, U.S. students, international students, and more.
You can also make an appointment with Pierina Filippone, U of T Engineering’s Assistant Registrar for Scholarships & Financial Aid, through the Advising Portal found in the Engineering Portal.