Service Charges

Service Charges

If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum).

All fees and charges posted to the SWS/ROSI account are payable. Students are responsible for planning sufficient time for payments to reach the University’s bank account and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

Paper invoices are not routinely mailed. Students are expected to monitor their account on the Student Web Service (ROSI) at www.rosi.utoronto.ca. Non-receipt of an invoice does not exempt the student from meeting his/her financial obligations.

The University considers students to be responsible for all aspects of their registration. If someone else is handling the payment of fees, it is the student's responsibility to advise that person of all the rules and requirements.

Fall 2011 – Winter 2012 Service Charge Billing Schedules

The Payment Due Dates and Service Charge Billing Dates schedules exclude the following:

· Academic Program Deposit Payments: Students are informed of the payment due date for an academic program deposit payment to hold a place in an academic program by the academic program office in the offer of admission.

· Residence Deposit Payments: Students are informed of the payment due date for a residence deposit payment (to hold a place in the residence) by the residence office in the residence offer letter.

· Minimum Payment to Register: See Registration Steps and Deadlines

A student’s Payment Due Dates & Service Charge Billing Schedule is determined by his/her registration period, type of program and financial arrangement or tuition deferral type and fall into five major categories:

1. Students registered in Fall 2011 and Winter 2012 session (excluding Graduate Summer Start Programs see 4A and 4B) with:

1A. No deferral or OSAP/Other Gov’t Loan deferral

1B. Scholarship deferral or Sponsorship deferral or Tuition Waiver deferral

2. Students registered in the Winter 2012 Term Only with:

2A. No deferral or OSAP/Other Gov’t Loan deferral

2B. Scholarship deferral or Sponsorship deferral or Tuition Waiver deferral

3. Students registered in Winter 2012 Term in a Winter Start Program (B.Sc. Physician Assistants Program and Diploma in Anesthesia Care Program Students are billed full annual fees in Winter 2012 Term) with:

3A. No deferral or OSAP/Other Gov’t Loan deferral

3B. Scholarship deferral or Sponsorship deferral or Tuition Waiver deferral

4. Students registered in a Graduate Summer Start Program (billed full annual fees in Summer 2011 Session) with:

4A. No deferral or OSAP/Other Gov’t Loan deferral

4B. Scholarship deferral or Sponsorship deferral or Tuition Waiver deferral

5. Masters’ Students Balance of Degree Fees

1A. Students registered in Fall 2011 and Winter 2012 session (excluding Graduate Summer Start Programs) with the following Fall 2011 and Winter 2012 Session Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· No deferral or · OSAP/Other Gov’t Loan deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Fall 2011-Winter 2012 Session Tuition and NON-Tuition Charges is due by November 15th.	First billed as of November 15th & as of 15th of every month thereafter until paid in full.
	Graduate Student OISE or SGS Emergency Loan Repayment date is recorded on SWS/ROSI invoice: 1. View your invoice information on the Financial Account page of the Student Web Service/ROSI . 2. Select the “Show Invoice” option and then select the session. 3. Note the Emergency Loan Repayment Date.	First billed as of 15th of the month subsequent to the Emergency Loan Repayment Date & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

1B. Students registered in Fall 2011 and Winter 2012 session (excluding Graduate Summer Start Programs) with the following Fall 2011 and Winter 2012 Session Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· Scholarship deferral or · Sponsorship deferral or · Tuition Waiver deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Fall 2011-Winter 2012 Session NON-Tuition Charges is due by November 15th.	First billed as of November 15th & as of 15th of every month thereafter until paid in full.
	Full payment of Fall 2011-Winter 2012 Session Tuition Charges is due by May 15th, 2012.	First billed as of May 15th & as of 15th of every month thereafter until paid in full.
	Graduate Student OISE or SGS Emergency Loan Repayment date is recorded on SWS/ROSI invoice: 4. View your invoice information on the Financial Account page of the Student Web Service/ROSI . 5. Select the “Show Invoice” option and then select the session. 6. Note the Emergency Loan Repayment Date.	First billed as of 15th of the month subsequent to the Emergency Loan Repayment Date & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

2A. Students registered in the Winter 2012 Term Only with the following Winter 2012 Term Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· No deferral or · OSAP/Other Gov’t Loan deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Winter 2012 Tuition and NON-Tuition fees is due by February 15th.	First billed as of February15th & as of 15th of every month thereafter until paid in full.
	Graduate Student OISE or SGS Emergency Loan Repayment date is recorded on SWS/ROSI invoice: 7. View your invoice information on the Financial Account page of the Student Web Service/ROSI . 8. Select the “Show Invoice” option and then select the session. 9. Note the Emergency Loan Repayment Date.	First billed as of 15th of the month subsequent to the Emergency Loan Repayment Date & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

2B. Students registered in the Winter 2012 Term Only with the following Winter 2012 Term Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· Scholarship deferral or · Sponsorship deferral or · Tuition Waiver deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Winter 2012 NON-Tuition fees is due by February 15th.	First billed as of February15th & as of 15th of every month thereafter until paid in full.
	Full payment of Winter 2012 Tuition fees is due by April 30th.	First billed as of May15th & as of 15th of every month thereafter until paid in full.
	Graduate Student OISE or SGS Emergency Loan Repayment date is recorded on SWS/ROSI invoice: 10. View your invoice information on the Financial Account page of the Student Web Service/ROSI . 11. Select the “Show Invoice” option and then select the session. 12. Note the Emergency Loan Repayment Date.	First billed as of 15th of the month subsequent to the Emergency Loan Repayment Date & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

3A. Students registered in the Winter 2012 Term & charged full annual fees (B.Sc. Physician Assistants Program & Diploma in Anesthesia Care Only) with the Following Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· No deferral or · OSAP/Other Gov’t Loan deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Winter 2012 Tuition and NON-Tuition fees is due by June15th.	First billed as of June15th & as of 15th of every month thereafter until paid in full.
Note: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

3B. Students registered in the Winter 2012 Term & charged full annual fees (B.Sc. Physician Assistants Program & Diploma in Anesthesia Care Only)with the Following Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· Scholarship deferral or · Sponsorship deferral or · Tuition Waiver deferral	Full payment of Prior Session fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Winter 2012 Tuition and NON-Tuition fees is due by June15th.	First billed as of June15th & as of 15th of every month thereafter until paid in full.
	Full payment of Winter 2012 Tuition fees is due by August 31st.	First billed as of September15th & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

4A. Students registered in the Summer 2011 Session in Graduate Summer Start Program (billed full annual fees in Summer 2011 Session) with the following Summer 2011 Session Deferral Type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· No deferral or · OSAP/Other Gov’t Loan deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Summer 2011 Session Tuition and NON-Tuition Charges is due by June 15th.	First billed as of June 15th & as of 15th of every month thereafter until paid in full.
	SGS Emergency Loan Repayment date is recorded on SWS/ROSI invoice: 13. View your invoice information on the Financial Account page of the Student Web Service/ROSI . 14. Select the “Show Invoice” option and then select the session. 15. Note the Emergency Loan Repayment Date.	First billed as of 15th of the month subsequent to the Emergency Loan Repayment Date & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

4B. Students registered in a Graduate Summer Start Program (billed full annual fees in Summer 2011 Session) with the following Deferral type:	Payment Due Dates (for each category of fees displayed on SWS/ROSI invoice)	Service Charge Billing Dates (for each category of fees displayed on SWS/ROSI invoice)
· Scholarship deferral or · Sponsorship deferral or · Tuition Waiver deferral	Full payment of Prior Session Fees is past due.	Billed as of 15th of each month thereafter until paid in full.
	Full payment of Summer 2011 Session NON-Tuition Charges is due by June 15th.	First billed as of June 15th & as of 15th of every month thereafter until paid in full.
	Full payment of Summer 2011 Session Tuition Charges is due by December 31st.	First billed as of January 15th & as of 15th of every month thereafter until paid in full.
	SGS Emergency Loan Repayment date is recorded on SWS/ROSI invoice: 16. View your invoice information on the Financial Account page of the Student Web Service/ROSI . 17. Select the “Show Invoice” option and then select the session. 18. Note the Emergency Loan Repayment Date.	First billed as of 15th of the month subsequent to the Emergency Loan Repayment Date & as of 15th of every month thereafter until paid in full.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.

5. Masters’ Students Balance of Degree Fees	Masters’ Balance of Degree Fees Payment Due Date	Service Charge Billing Dates
Masters’ Students Balance of Degree Charges	Full payment of Masters’ Student Balance of Degree Charges is due within three months of the month in which the student convocated.	First billed as of 15th of the third month subsequent to the graduation or convocation date & as of 15th of every month thereafter until paid in full. For example, service charges are first billed as of September 15th for unpaid Balance of Degree Charges for students who graduated or convocated in June.
Notes: 1. If not paid in full, any outstanding SWS/ROSI account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum). 2. Students are responsible for planning sufficient time for making payments to reach the University and to be recorded in the student’s SWS/ROSI account by the payment due date. The transfer of funds from major Canadian financial institutions normally takes three to five business days, however the transfer from Canadian credit unions and financial institutions from outside Canada can take much longer.