Financial Matters

●  Fees  
●  Vic Scholarships and Bursaries
●  Government Aid
●  Other Financial Resources

Fees (Fees Brochure 2014-2015)

Every student at the University of Toronto has a student account that displays tuition and residence fees, related charges and payments and other credits. To view your account information log into ROSI (SWS) and view “Financial Accounts”. Invoices and tax forms are posted in SWS.

Payment or fees deferral is the final step in the Registration process for Arts and Science. It is important to make payments or defer fees by deadline dates specified in Arts and Science Registration Handbooks/Timetables.  Students may be eligible to defer fees based OSAP/government aid in ROSI (SWS). Scholarship recipients may be eligible to defer fees based on a Victoria College/University of Toronto Scholarship.

Financial accounts are managed by Student Accounts, also known as the Fees Office. The Fees Office manages tuition and ancillary fees, posts fees and refund schedules, processes payments and waivers, issues refunds and applies service charges.

Vic Scholarships and Bursaries
Through the generosity of donors, Victoria is able to provide its students with extensive financial assistance in the form of scholarships and bursaries. Following the Victoria University Policy on Student Awards, Victoria College offers many scholarship opportunities for new students, continuing students and graduating students. Special awards which require application recognize both student achievement and contribution to campus life. Awards for international experience are available to students who pursue approved study abroad. Bursaries are grants based on financial need.

For a complete list of all awards at Victoria College, please refer to the Student Awards and Benefactors booklet or search online with the Award & Bursaries Search Page (currently being updated).

For further information, please contact vic.awards@utoronto.ca.

Government Aid
University of Toronto Enrolment Services is the primary contact for information on federal and provincial financial aid. For many full-time, undergraduate students, government aid, usually OSAP, is a main source of funding. The OSAP application contains a number of service improvements for students including the new Master Student Financial Assistance Application (MSFAA). Bring your MSFAA to a designated postal outlet with government issued photo ID, Social Insurance (SIN) card and a void cheque for certification. Return Signature Forms to Enrolment Services

The OSAP application is also where eligible students may apply for 30% Off Ontario Tuition (Ontario Tuition Grant).

Students who receive government aid may be eligible for a University of Toronto Advance Planning for Students (UTAPS) grant. 

If you have been financing your education with Canada or Ontario student loans (OSAP) you should review repayment and loan maintenance information.

Other Financial Resources
Be sure to consider all resources including Registered Educational Savings Plans (RESP) and income from part-time and seasonal work. The University of Toronto Career Centre posts employment opportunities.

Remember to research scholarship opportunities. The Faculty of Arts and Science offers many awards and additional opportunities are posted on the University of Toronto Enrolment Services website, ULife, scholarships.com and studentawards.com.

Research students may be eligible to apply for an Undergraduate Student Research Award (USRA) from the Natural Sciences and Engineering Research Council of Canada (NSERC).

Students who file income tax returns may be eligible for tax rebates.

Budgeting is important. A Victoria College financial counsellor can assist you in the planning and managing of your finances. A counsellor will help you to plan a budget for the school year and assist you in ensuring that you can access appropriate sources of financial aid. Contact the Victoria College Office of the Registrar to book an appointment.

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