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

Tuition**

$33,040$39,395$33,040 $39,395 $33,040$39,395$33,040 $39,395
Fees**$2,090$2,090$2,090$2,090$2,090$2,090$2,090$2,090
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$45,562$51,917$59,962$66,317$44,513$50,868$57,313$63,668

* 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.