1 / 16

Welcome Session Fees & Finances

Welcome Session Fees & Finances. Saturday June 8, 2013. Fees & Finances Overview. Costs of university Resources to help pay What students/families should be doing now Fees deadline and other Important dates. Fees & Finances Student living away from home. Costs of university:

zeno
Download Presentation

Welcome Session Fees & Finances

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Welcome SessionFees & Finances Saturday June 8, 2013

  2. Fees & FinancesOverview • Costs of university • Resources to help pay • What students/families should be doing now • Fees deadline and other Important dates

  3. Fees & FinancesStudent living away from home Costs of university: • Tuition $ 6,965 (FT student – year 1) • Books $ 1,000 • Residence/Apt. $11,000 • Misc.(cell, laundry etc.) $ 2,000($250/month) $ 20,965

  4. Fees & FinancesStudent living at home Costs of university: • Tuition $ 6,965 (FT student – year 1) • Books $ 1,000 • Transportation (TTC) $ 850 • Food on campus $ 1,000 ($125/month) • Misc.(cell, laundry etc.) $ 1,600($200/month) $ 11,415

  5. Fees & Finances Costs of university: Average = $19,000 - $21,000 for a student living away from home Average = $ 10,000 - $12,000 for a student living at home How can students pay for everything?

  6. Fees & Finances Resources: • Family • RESPs • OSAP/other provincial loans • 30% Ontario tuition grant

  7. Fees & Finances OSAP provides: Approx. $8,000 (maximum – living at home) OSAP expects: $2,000 from summer work $2,000 from PT work during the school year* (U. of T. Work Study) Total = approx. $12,000 • You could be fine……..

  8. Fees & Finances OSAP provides: $12,000 (maximum – living away from home) OSAP expects: $2,000 from summer work $2,000 from PT work during the school year* (U. of T. Work Study) Total = approx. $16,000 • You still need $4,000……..(to get to $20,000)

  9. Fees & Finances Resources: • Family • RESPs • OSAP/other provincial loans • UTAPS • College grants • Scholarships

  10. Fees & Finances What should we/students be doing now? • Talking about finances • Completing a budget for the year • Filling out the OSAP application-osap.gov.on.ca • Completing the MSFAA for OSAP direct deposit • Print from the OSAP website • Submit at a Canada Post outlet

  11. Fees & Finances Fees deadline! For payment or deferral August 20th

  12. Fees & Finances Payments are made at any Canadian bank • 1st installment is 65% of fees for the year (approx. $4500) • Service charges begins Nov. 15th Deferrals are done online on ROSI (OSAP) or at the Registrar’s Office (Scholarships)

  13. Important Dates • July 30th - Course selection • August 20th – Registration deadline • September 10th - Classes start • September 22nd - Last day to determine FT/PT status/fees

  14. FT vs. PT Status • FT = enrolled in 3.0 + credits for the year • PT = enrolled in 0.5 – 2.5 credits for the year How course load is calculated (See Timetable for more info): F + Y courses (as of Sep. 22) + S courses (as of Jan. 19) = course load count 3.0+ Program fee 0.5-2.5 Per course fees

  15. Important Dates • July 30th - Course selection • August 20th – Registration deadline • September 10th - Classes start • September 22nd - Last day to determine FT/PT status/fees

  16. Questions ? Students should contact the University College Registrar’s Office: 15 King’s College Circle, Rm 157 Phone: 416-978-3170 uc.registrar@utoronto.ca Hours: 10am-12pm and 1:30pm-4:00pm

More Related