Financial Aid

What need-based funding is available?
At the University of Toronto, we recognize the significant contribution you and your family will make towards your education. We are here to support you. Use our financial planning calculator to budget your year at U of T.

Canadian Students

University of Toronto Advanced Planning for Students (UTAPS)
Did you know U of T has an amazing financial aid program called UTAPS? The best thing about UTAPS is you don’t have to pay the money back. The UTAPS program is open to full-time students (Canadian citizens, permanent residents and protected persons) who are eligible for need-based government student assistance.

How to Apply — Ontario Students

  • All students who receive funding from the Ontario Student Assistance Program (OSAP) will be directed to update their income (on their OSAP website) in order to be assessed for UTAPS funding
  • Incoming Ontario high school students who wish to be considered for need-based Engineering admission awards should complete the  UTAPS Online Estimator by February 28.

How to Apply — Non-Ontario Students

  • Out-of-province students who quality for need-based funding must submit a UTAPS application. Students entering Engineering in September 2020 can apply for UTAPS starting in September. The deadline for out-of-province UTAPS applications is typically late October.

Government Sponsored Student Loans
There are two kinds of government sponsored student loans – provincial and federal (Canada Student Loans). Provincial loan programs like the Ontario Student Assistance Program (OSAP) are available through all Canadian provinces. Canadian citizens, permanent residents and protected persons are eligible to apply for provincial student loans.

International Students

US Student Aid 
U.S. citizens can apply for financial assistance from the U.S. William D. Ford Federal Direct Loan Program. U of T is a recognized post-secondary institution for Federal Direct Loans (PLUS/Subsidized/Unsubsidized). Education Savings Plans and U.S. Federal Education Tax credits are also applicable.
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Sponsored Students 
The University of Toronto is pleased to support and work in partnership with international students who are being sponsored by third party and/or government agencies while attending U of T. As a top ranked institution, the University of Toronto is an approved destination for most countries’ national mobility scholarship programs.