Finances & Tuition

Fees 2017-2018 Academic Year

Each student enrolled in the MD Program must pay annual fees to the Student Accounts Office. The schedule below outlines fees for the 2017-2018 academic year and is subject to change.

The Faculty of Medicine is committed to the University of Toronto (U of T) Policy on Student Financial Support (PDF) which states that each student will have access (through a system of grants and loans) to the resources necessary to meet his or her needs. 

 

St. George Campus 

    DOMESTIC
  TUITION FEE (YEAR ONE)  $24,440
  INCIDENTAL FEE* $ 1,393.90
  EDUCATIONAL RESOURCES FEE** $ 355
  UNIVERSITY HEALTH INSURANCE PREMIUM
  TOTAL FEE PAYABLE (YEAR ONE) $26,188.90

 

Mississauga Campus 

    DOMESTIC
  TUITION FEE (YEAR ONE)  $24,440
  INCIDENTAL FEE* $ 1,766.90
  EDUCATIONAL RESOURCES FEE** $ 355
  UNIVERSITY HEALTH INSURANCE PREMIUM
  TOTAL FEE PAYABLE (YEAR ONE) $26,561.90

* Incidental fees include: Hart House, Athletics, Health Services, U of T Students’ Union, Medical Society and Student Services Fee.
** Incidental Fee and Educational Resources Fee are subject to change

 

Additional First Year Student Budget Items

BOOKS AND EQUIPMENT  $1,700
LIVING EXPENSES (RENT, FOOD AND OTHER)  $16, 740
TOTAL COSTS  $18,440

 

First Year Funding Scenario

The chart below outlines the average funding received during the 2016-2017 session by students who qualified for Faculty of Medicine/U of T Grant Assistance. During 2016-2017, 73 percent of the students enrolled in the MD Program qualified for grant assistance.

MINIMUM OSAP LOAN AMOUNT** $16,500
AVERAGE GRANT AMOUNT  $6,300
TOTAL FUNDING  $22,800

** A significant portion of the funding provided by Ontario Student Assistant Program (OSAP) funding is non-repayable grant funding. Please refer to the OSAP website for further details

 

 

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