Fall 2016 Tuition Fee Payment Reminder

updated Sept 26, 2016

Deadline for Receipt of Payment

The deadline for all of your Fall Fees (Tuition Fees + Incidental fees + $50 system access fee) to be RECEIVED at UofT Student Accounts is September 30th, 2016.
 
Students are responsible for planning sufficient time for payments to reach the University’s bank account and to be recorded in the student’s ACORN account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.
 
If you check your account on ACORN and do not see the payment posted to your Financial account, check again in a few days. There are daily updates from the bank to the University.
 
Make sure you keep your receipt or your verification/confirmation number. It is your proof of payment and will be requested to follow up on any payment problems.

Late Payment & Interest Charges

This applies to all students, whether receiving Faculty of Law funding or not.
 
For any UofT student, any outstanding or unpaid Fall Fees on your UofT student account on ACORN is subject to a monthly service charge of 1.5% (19.56% per annum) by the university (starting October 15th, 2016 and as of the 15th of every month until paid in full.
 
For more information about these service charges, please visit this Student Accounts webpage
http://www.fees.utoronto.ca/contact.htm#Financial_Aid

How much to pay?

I did not apply for the Faculty of Law Financial Aid Program

  • Pay the balance for 2016 Fall Term Fees that appears on your fees invoice on your ACORN student account.

 

I applied for the Faculty of Law Financial Aid Program

  1. I have not yet received my aid assessment
    Pay the balance of your Fall fees that appears on your UofT student account on ACORN by the deadline. If you are also interested in getting a final financial aid assessment from the Faculty, please provide any missing documents to the Financial Aid Office.
     
  2. I received my aid assessment which did NOT include a bursary
    Pay the balance of your Fall fees that appears on your UofT student account on ACORN by the stated deadline.
     
  3. I received my aid assessment which included a bursary
    If your assessment was dated before September 30th 2016, then your entire bursary will be credited towards your UofT student account no later than October 15.
     
    Thus, please pay the difference between the balance that appears on your UofT student account and your entire bursary as soon as possible, by the deadline i.e. do not wait for the bursary amount to be visible in ACORN in order to pay due fees.

    Example
    Total Fall fees due [A]Student account balance on ACORN as of Sept 25, 2016$17,540
    Law Bursary received [B]Faculty of Law bursary funding, as per final or revised notice of financial aid assessment$7,000
    Amount due by Fall payment deadline
    [A minus B]

    Student to pay using all or any of:
    - student’s own funds
    - Scotiabank/TD line of credit
    - government student loan

    $10,540

Total fees for 2016-2017

Payment of the total fees for the 2016-2017 academic year must be received in full by the end of the winter session April 30, 2017.
 
If your account is not paid in full by the end of the winter session, you will not be permitted to register at the university for the 2017-2018 academic year, and production of your transcript will be blocked until such time as your arrears are cleared.

Help

Questions about your student account?
Student Accounts
tel: 416-978-2142
info.studentaccount@utoronto.ca.

Questions about your Faculty of Law financial aid application or assessment
Financial Aid Office
Student Services hub
3rd floor, Jackman Law Building

Office Hours:  Monday to Friday 9:00 am - 5:00 pm

tel: 416-978-3716
financialaid.law@utoronto.ca