Anticipated Student Budget
The budget is based on 9 months (August-April) for first year students and 8 months (Sept-April) for upper year students. The budget includes:
Projected tuition (in-province or out of province), will be finalized in July 2025
Projected ancillary fees, will be finalized in July 2025
Other expenses, depending on whether the student is residing with parents/guardians or independently
Year of Study | First Year Students* | Upper Year Students |
| Living Situation | Living with Parents/Guardians | Living Independently | Living with Parents/Guardians | Living Independently |
| Province of Residence | Ontario | Out of Province | Ontario | Out of Province | Ontario | Out of Province | Ontario | Out of Province |
Tuition** | $33,040 | $39,380 | $33,040 | $39,380 | $33,040 | $39,380 | $33,040 | $39,380 |
| Fees** | $2,106.4 | $2,106.4 | $2,106.4 | $2,106.4 | $2,056.4 | $2,056.4 | $2,056.4 | $2,056.4 |
| Personal Expenses*** | $4,807 | $4,807 | $4,807 | $4,807 | $4,383 | $4,383 | $4,383 | $4,383 |
| Room and Board**** | $5,625 | $5,625 | $20,025 | $20,025 | $5,000 | $5,000 | $17,800 | $17,800 |
| Total | $45,578.40 | $51,918.40 | $59,978.40 | $66,318.40 | $44,479.40 | $50,819.40 | $57,279.40 | $63,619.40 |
* 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 include supplies, cell phone, transportation, entertainment, gifts, clothing, personal maintenance and routine medical and dental expenses.
****Room and Board amount includes groceries/food expenses, rent, and utilities.
