Finances & Awards
Do MD/PhD students report expected PhD stipend to OSAP?
Yes – MD/PhD students should report their expected stipend to OSAP under “Scholarships/Bursaries/Awards” since it will be received during this academic year.
Does the Faculty of Medicine offer any financial aid and support?
Yes. See our financial aid page for more information on the awards, scholarships, grants and bursaries available.
When do I receive the second portion of my funding?
Generally, OSAP and other government aid are not released all at once. Some is released when you register and begin classes and the rest is released at the start of your second term in January.
When will the applications for the Temerty Faculty of Medicine Financial Aid Grant funding become available?
TFOM Grant applications will become available in mid - August. All admitted students will receive an email with a link to the grant application.
Where can I get a confirmation of enrolment/or letter of good standing to provide to the Bank for Line of Credit Applications?
Confirmation of your enrolment/letter of good standing required during Line of Credit Applications are administered through the Registrar’s office. If you require this letter to be completed, please submit a Request for Confirmation Form. Please note you will receive your letter within four business days as long as you have met all your registration requirements. If you have any questions, please contact the registrar's office at : registrar.medicine@utoronto.ca
Where can I obtain information about OSAP and government loans?
The application process may vary from province to province. Students must apply for loan assistance from their home province.
The University of Toronto financial aid page provides links to all provincial and territorial student loan programs.
Where can I process my out-of province documents and check the status of my out-of-province loan application?
To check the status of your out-of-province loan application or to submit out-of-province documents for processing, please access the Out-of-Province Request Portal or submit a ticket to the Out-of-Province Financial Aid team through the URO Service Portal.
Why does my OSAP/ Provincial Loan state 'payment on hold until enrolment confirmed'?
Government student loans require your enrolment in full-time studies to be confirmed prior to releasing funds. (Provided that you have submitted your application and documentation by the deadlines) The University Registrar's Office will confirm your enrolment within the first few weeks of classes, at which point your funding should be released.
Contact the Financial Aid Team by submitting a ticket via URO Service Portal
Would the MD Admission Bursary affect my ability to receive support through OSAP?
The MD Admission bursary or Temerty Faculty of Medicine grant will not affect your ability to receive support through OSAP and you do not have to report it. Bursaries and grants are reported by the university on behalf of the student and are distributed to students due to financial need. They are different from scholarships, awards, and additional income. When filling out your OSAP application, please ensure you do not include any financial need bursary or grant.