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 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 | $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.
