University of Toronto

Students who have doubts or concerns about the adequacy of their financial resources are welcome to discuss their situation with a financial aid counselor. Staff at Enrolment Services, or at your college and faculty, are happy to provide individual counseling to students who want to investigate financial aid opportunities, discuss the possibility of appealing the amount of financial assistance they have received, or who need assistance in planning their budget for the school year.

Costs of University

The cost of a university education is a combination of tuition fees, books and other educational supplies, and living expenses.

Fees are composed of tuition (academic) fees and compulsory incidental (non-academic) fees. Basic student tuition fees vary by program and faculty (see Tuition Fees for detailed information) but it is helpful to have a general idea of the educational costs you can expect in your first year:

• $5,450 and up for tuition fees, depending on your program and campus
• $1,000 and up for incidental and ancillary fees
• $1,000 and up for books and supplies
• $5,500 to $15,000 or more for residence, depending on where you choose to live, whether you purchase a meal plan, or buy and prepare your own food.

Other Living expenses may include:

Transportation - Information on current rates for public transit in Toronto can be obtained from the Toronto Transit Commission. If you come from outside Toronto, you should consider the cost of transportation between your home city and Toronto

Toiletries and personal care items

Telephone/Internet - whether you live in residence on campus or in housing off-campus, these will be additional to room and board or rent

Other expenses vary according to what you can afford and personal requirements or preference.

Use the Budget Tool to help you manage your finances for the year.