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 (in-province or out of province, first year or upper year);

  • ancillary fees updated July 16, 2024.  Tuition and Fees are posted on the University of Toronto's Registrar's website https://studentaccount.utoronto.ca/ 

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

Year of Study

First Year Students*

Upper Year Students

Living SituationLiving with Parents/GuardiansLiving IndependentlyLiving with Parents/GuardiansLiving Independently
Province of ResidenceOntarioOut of ProvinceOntarioOut of ProvinceOntarioOut of ProvinceOntarioOut of Province

Tuition

$33,040$37,510$33,040 $37,510 $33,040$37,510$33,040 $37,510
Fees**$1,990.34$1,990.34$1,990.34$1,990.34$1,940.34$1,940.34$1,940.34$1,940.34
Personal Expenses***$3,800$3,800$3,800$3,800$3,540$3,540$3,540$3,540
Room and Board****$4,900$4,900$17,370$17,370$4,600$4,600$16,350$16,350
Total$43,730.34$48,200.34$56,200.34$60,670.34$43,120.34$47,590.34$54,870.34$59,340.34

* 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 ancillary fees for the upcoming academic year in mid-July at https://studentaccount.utoronto.ca/ 

*** Personal Expenses include supplies, cell phone, entertainment, gifts, clothing, personal maintenance and routine medical and dental expenses 

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