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Making a Fee Payment

Location: > Fees University of Toronto > Sessions > Summer 2016 > Making Payments > Making a Fee Payment

OVERVIEW:

     I.        Registration Period Payments

    II.        Post-Registration Fee Payment and Monthly Service Charge Fee Billing Schedule

  III.        Fee Payment in Canada: Options

   IV.        Fee Payment Outside of Canada: Options

 

OVERVIEW

I. Registration Period Payments

Before each Summer (May to August) session, your sessional registration status is initially set as “Invited to Register”.  Summer session fee billing will begin on April 15, 2016.

You can enroll in courses but your registration status has to be changed to “Registered” by the published registration deadline for your division.  Otherwise your sessional registration will be “Financially Cancelled” , and your course enrolment will be cancelled.

You must pay the Minimum Payment to Register Amount displayed on your current session ACORN/ROSI invoice at least 3-5 business days prior to the published registration deadline for your division.  Some types of payments can take up to 10 business days to be recorded in ACORN/ROSI.  The recording of your Minimum Payment to Register amount on ROSI will change your sessional registration status to “Registered”.

The Minimum Payment to Register Amount is normally equal to Unpaid Fees from previous session(s) + 50% of Current Summer term Tuition Charges.  However,  the Minimum Payment to Register Amount for students who are billed on a per course basis and have a Waitlisted course only during the registration period, is equal to Unpaid Fees from previous session(s) + Minimum Charge of $263.00.

Registration offices normally allow a processing time of up to 10 days from payment date, for payments to be received by the University and recorded in your ACORN/ROSI Financial Account.  If your payment for registration is made at your financial institution after the deadline date, you must take proof of payment to your College or Faculty Registrar’s Office (undergraduate) or SGS Student Services (graduate students), or Toronto School of Theology College Registrar’s Office to complete your registration.

 Defer to Register

If you are eligible for a tuition deferral (register without payment), you need to apply for a tuition deferral, and the recording of the deferral on ROSI, will change your sessional registration status to “Registered”.

II. Post-Registration Fee Payment and Monthly Service Charge Fee Billing Schedule

 Refer to Fee Payment and Service Charge Schedules and Restrictions & Penalties on Past Due Accounts.

 

III. Fee Payment in Canada: Options

 

Fee Payment in Canada: Options

 

Important Notes:

1.    All payments are made at a Canadian financial institution.  Cash, credit or debit card, and personal cheques are not accepted.

2.    Students are responsible for planning sufficient time for payments to reach the University and to be recorded in the student’s ACORN/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 can take much longer.

3.    Keep your receipt or your fee payment verification/confirmation number.  This is proof of payment and is required to investigate any payment problems.

4.    All payments are applied to the oldest outstanding charge in the oldest session on the student’s invoice.  There is no distinction between the type of charge, e.g. residence fees, academic fees etc.

5.    If a friend or relative makes payment on the student’s behalf and the student decides not to attend the University of Toronto, note that any refunds are issued as a cheque in Canadian funds payable to the student.

 

 

Option 1: Online or Telephone Banking

 

Log onto the online banking service or call your financial institution's telephone service and provide them with your account number and the payee name ' University of Toronto '.

 

Your account number is displayed on the top right-hand corner of the invoice format of your Financial account on the ACORN/ROSI. It consists of the first five characters of your surname (in capital letters) and 10 numbers which is your student number with leading zeroes unless it begins with “1”. Make sure you distinguish between the letter 'O' and the number 'zero'.

 

It will take 3-5 business days for the payment from a major Canadian financial institution to be posted to your ACORN/ROSI account, however the transfer from a Canadian credit union could take longer.

If you check your ACORN/ROSI account and do not see the payment listed on the Payments Report under the Financial Account tab, check again in a few days. There are daily updates from the bank to the University. 

 

 

Option 2: Bank Machine or Teller

 

Take a copy of your Financial account in the invoice format printed from ACORN/ROSI with you. Your account number & student number printed on the invoice format account are needed to ensure the payment is credited to your account. Your account number is displayed on the top right-hand corner of the invoice format of your Financial account on ACORN/ROSI. It consists of the first five characters of your surname (in capital letters) and 10 numbers which is your student number with leading zeroes unless it begins with “1”. Make sure you distinguish between the letter 'O' and the number 'zero'.  

If you have a Canadian bank account, you may make a payment at the teller with a print out of your ACORN/ROSI invoice.  

It will take 3-5 business days for the payment from a major Canadian financial institution to be posted to your ACORN/ROSI account, however the transfer from a Canadian credit union could take longer.

 

If you check your ACORN/ROSI account and do not see the payment listed on the Payments Report under the Financial Account tab, check again in a few days. There are daily updates from the bank to the University.

 

 
 

    V.        Fee Payment Outside of Canada: Options

 

Fee Payment Outside of Canada: Options

 

Important Notes:

1.    Students are responsible for planning sufficient time for payments to reach the University and to be recorded in the student’s ACORN/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 can take much longer.

2.    All fee payments must be accompanied by the student’s name, student number, and (if possible) the student’s program of study or a copy of your online invoice printed from ACORN/ROSI.

3.    Cash, credit or debit card, personal cheques, and wire transfer payments are not accepted.

4.    International students studying in Canada should set up a Canadian bank account so that fee payments can be made by bank transfer (refer to Fee Payment Options: Fee Payment in Canada).  The Centre for International Experience has provided helpful links to Canadian financial institutions on the Money Matters [http://cie.utoronto.ca/Coming/Living-Here/Cost-of-Living.htm#Accessing_Money] webpage.  This is at least one financial institution that can set up a Canadian bank account prior to arrival in Canada for students from Chile, China, Colombia, India, Mexico, Peru, Philippines, Spain, United Kingdom, and Venezuela.

5.    Keep your receipt or your fee payment verification/confirmation number.  This is proof of payment and is required to investigate any payment problems.

6.    All payments are applied to the oldest outstanding charge in the oldest session on the student’s invoice.  There is no distinction between the type of charge, e.g. residence fees, academic fees etc.

7.    If the student must pay tuition fees before fall-winter session fees are billed (starting in mid-July) as part of the student visa application process, the student can contact the Student Accounts Office at info.studentaccount@utoronto.ca to request an estimate of the fees payable (based on the previous year’s fees).  The fee payment can be held until tuition fees for the session are billed, and a receipt can be issued to the student to use as proof that tuition fees have been paid. Students should ensure that their registration status has changed from ‘INVITED to ‘REGISTERED. Payments should NOT exceed the amount of the student’s tuition and residence fees for the session.  Payments for student living expenses should be not made to the University.  The University reserves the right to hold payments in excess of the tuition and residence fees for a subsequent session or to return to the sender.

8.    If a friend or relative makes payment on the student’s behalf and the student decides not to attend the University of Toronto, note that any refunds are issued as a cheque in Canadian funds payable to the student.

 

 

Option 1:

WU GlobalPay

for Students

 

Note:

This option is

not available

for admissions, acceptance, confirmation

deposits for

academic

programs or

residences

The University of Toronto has partnered with WU GlobalPay for Students to allow students from all countries outside of Canada to pay the Canadian dollar payment in the currency of choice at a local bank at a competitive exchange rate and with NO transaction charges from WU GlobalPay or the University of Toronto.

 

Your local bank will transfer your local currency fee payment to Western Union, and Western Union will convert your fee payment into Canadian dollars and direct the payment to the University of Toronto. The payment will be converted by WU at the rate the student has locked-in and is guaranteed for 72 hours. The funds will then be delivered directly to the University of Toronto with student identification information within three business days.

 

If you choose to proceed, you will be transferred to a secure website (by clicking on the WU GlobalPay link below) where you will receive instructions on how to complete the payment to a local banking institution in your currency of choice.

 

To help students and parents get educated and confident with the GlobalPay for Students payment process, please view the How It Works video available in the following languages:

 

 

 

·        Cantonese: http://business.westernunion.com/resource-center/ed/Chinese_education/video_Cantonese/

·        Mandarin: http://business.westernunion.com/resource-center/ed/Chinese_education/video_Mandarin/

·        Simplified Chinese: https://youtu.be/u52swBrq8TI

·        Traditional Chinese: https://youtu.be/aO0mVFIEzRQ

 

·        English: https://youtu.be/sjGWRcsYqrU 

·        French: https://youtu.be/_-ZWSlpYEpQ 

·        Hindi: https://www.youtube.com/watch?v=hiKPEYVEG40

·        Indonesian: https://youtu.be/mC3uCbf72kA

·        Korean: https://youtu.be/NMvGe_VsPl4

·        Spanish: https://youtu.be/vOFAB4j5zUA

 

CLICK HERE to begin the process of WU GlobalPay for Students.

 

Step 1

·        Provide your student name and number. This ensures that the payment is recorded in your ACORN/ROSI account.

·        You will be directed to a web page where you will be able to enter the Canadian dollar amount you wish to pay to the University of Toronto.

 

Step 2

Record the amount in Canadian funds to be transferred to the University of Toronto.

·        This option is not available for admissions, acceptance, confirmation deposits for academic programs or residences.

 

Step 3

Select your preferred currency from a drop down menu.

·        If your local currency is not listed on the drop down menu, then select another currency on the list even if the country name differs from your country name e.g. United States Dollar or Euro.

·        A conversion at a competitive rate of exchange from the Canadian dollar amount will be applied to your chosen currency through the Western Union real-time rate engine.

·        You will have the opportunity to view the payable amount in your local or chosen currency before committing to the transaction.

 

Click OK and you will be presented with the banking instructions to make the payment.

Step 4

Take the banking instructions to YOUR BANK (DO NOT take your bank instructions to a Western Union retail outlet) immediately to ensure that the payment is transferred to Western Union within 72 hours to lock in the quoted exchange rate.

·        The exchange rate quoted will remain valid for 72 hours during which time you or the payer must take the banking instructions to your bank, who will initiate the transfer of funds through Western Union for credit to the University of Toronto.

·        Western Union must receive your payment within 72 hours of your receipt of the applicable currency quote.

·        In the event Western Union receives your payment after the 72 hour period Western Union shall use the current exchange rate to convert the currency.

·        Students cannot request another quote within the 72 hours period

 

Step 5

After 3-5 business days, check the ACORN/ROSI Payment Report under the Financial Account tab to confirm receipt of funds.

 

Upon receipt of the fee payment from WU, your ACORN/ROSI account will be credited. While the transfer is in progress your account will continue to show the outstanding amount. This normally takes 3 business days from the date of receipt of funds in the University of Toronto bank account.

 

 

Option 2:

Bank Draft or Money Order in Canadian funds

 

Send a bank draft of money order in Canadian funds, payable to the ‘University of Toronto’.  Mail or courier fee payment to University of Toronto, Student Accounts 215 Huron Street, 3rd floor, Toronto, Ontario, Canada, M5S 1A2.

All payments must be accompanied by the student's name, student number and (if possible) the student’s program of study, or a copy of your Financial Account in invoice format printed from ACORN/ROSI.

 

It takes 3-5 business days from receipt of payment for the payment to be recorded in your ACORN/ROSI account.  Check the ACORN/ROSI Payment Report under Financial Account table to confirm receipt of funds.