Anticipated Student Budget 

The Standard Student Budget is based on 8 months from September to April (with the exception of First year students, whose budget begins in mid-August). The budget includes 

  • tuition and fees (in-province or out of province, first year or upper year); these are based on actual fees for the upcoming year and will be updated in July, 2023

  • living with parents/guardians or away and other projected expenses, such as books and personal expenses are re-evaluated each year

 

The figures below are estimates only. We expect the university to post the official tuition and ancillary fees for the upcoming academic year in mid-July at https://studentaccount.utoronto.ca/ 

 

 Year of StudyFirst Year Students*Upper Year Students
Living Situation Living with Parents/GuardiansLiving independentlyLiving with Parents/GuardiansLiving independently
 Province of ResidenceOntarioOut of ProvinceOntarioOut of ProvinceOntarioOut of ProvinceOntarioOut of Province
 Tuition** $33,040  $35,051
 $33,040  $35,051  $33,040  $35,051 $33,040   $35,051 
 Fees** $1,893  $1,893  $1,893  $1,893  $1,840  $1,840  $1,840  $1,840 
 Books and Supplies  $1,100
 $1,100
 $1,100
 $1,100  $1,000  $1,000  $1,000  $1,000 
 Personal Expenses*** $2,550
 $2,550
$2,550  $2,550
 $2,400  $2,400  $2,400  $2,400 
 Room and Board**** $4,803  $4,803
 $16,703
 $16,703
 $4,520  $4,520  $15,720
 $15,720 
 Total $43,386  $45,397
 $55,286  $57,297
 $42,800
 $44,811  $54,000
 $56,011

* First year students: the budget reflects the fact that classes begin in mid-August rather than after Labour Day. 

**Subject to provincial and university policies. We expect the university to post the official tuition and ancillary fees for the upcoming academic year in mid-July at https://studentaccount.utoronto.ca/ 

*** Personal Expenses amount includes entertainment, gifts, clothing, personal maintenance and routine medical and dental expenses 

****Room and Board amount includes rent, food expenses, transportation, cell phone and utilities.