How to pay for University of Toronto as an international student?

Asked by: Aron Mann Jr.  |  Last update: August 30, 2025
Score: 4.2/5 (64 votes)

The University of Toronto has authorized Convera & Flywire to process incoming international student tuition and residence fee payments for the University of Toronto. These are bank-to-bank payment and online options for non-Canadian denominated credit cards (Master card, Visa, Unionpay).

How to pay the University of Toronto?

Payments must be made through your financial institution, via a bank machine, in-bank, online or by telephone.

How do international students pay tuition in Canada?

What payment methods are available for paying university fees as an international student? International students can choose from several payment methods, including SWIFT bank transfers, online money transfer services, credit/debit cards, and Foreign Currency Demand Drafts (FCDD).

How can I pay my tuition as an international student?

How to pay your international student tuition fees
  1. International Bank Draft. An international bank draft is used when you want to pay important bills in a foreign country. ...
  2. University Online Payment Portal. ...
  3. Cash. ...
  4. Credit Card. ...
  5. Wire Transfers.

How do students pay for university in Canada?

You can continue to use government assistance, bursaries, scholarships, part-time jobs, RESPs, and any personal savings to pay for your upper years. There are also new sources of funding after first year.

What Grades Do You NEED to Get Into University of Toronto

38 related questions found

How to pay for university in Ontario?

  1. Ontario Student Assistance Program ( OSAP ) OSAP is Ontario's flagship student support program, offering a mix of grants and loans to thousands of students each year.
  2. Ontario Learn and Stay Grant. ...
  3. Financial aid from schools. ...
  4. Scholarships and bursaries. ...
  5. Bank loans. ...
  6. Self-funded.

Do student loans cover rent?

Federal student loans can generally be used for “living expenses,” which typically includes rent. The Cost of Attendance (COA) is determined by school factors in both on- and off-campus housing, affecting loan amounts.

How can I pay my tuition fees abroad from India?

Hence, we suggest you opt for some of our other options that are more affordable and efficient, as given below.
  1. Debit and credit card: ...
  2. Forex Card: ...
  3. Wire Transfers: ...
  4. Demand Draft. ...
  5. Money Order. ...
  6. Nostro Charges. ...
  7. GST Charges. ...
  8. KYC Charges.

How do international students pay?

Scholarships are the most common form of funding available for EU and international students, and usually awarded based on academic ability or potential, or talent in another area, like sports or music.

How do international students pay rent?

If there is any language you don't understand, ask a reliable person to explain it to you. It is always good to pay rent and other payments by check, not cash. Write the purpose on the face of the check (example: "April rent"). If you must pay in cash, get a signed and dated receipt from the landlord.

How much is the deposit for international students at university of Toronto?

International Student Admission Deposit

If you are a new International student (a student who requires a study permit to study in Canada), you are required to make a non-refundable $3000 admission deposit as a part of accepting your offer of admission.

Do I have to pay tuition fee before study visa Canada?

Note: Foreign nationals who have been issued a study permit for a prerequisite program are not eligible to work off-campus in Canada until they begin their main program of study. ​​Q2 - Do I Have to Pay the Full Tuition Fee Before Admission or Visa Approval? A- No.

How much is the PR fee in Canada?

We recommend you pay the right of permanent residence fee (CAN$575) now to avoid future delays. You will have to pay it before you become a permanent resident. All prices are in Canadian dollars.

Can international students pay domestic fees in Canada?

International students who fall within one of the following categories may be eligible to pay domestic fees: Dependents of Canadian Citizens/Indigenous Person's. Dependents of Permanent Residents. A person who has been approved “in-principle” for permanent resident status in Canada and their dependents.

Can you pay tuition monthly?

Tuition installment plans are designed to help you manage college expenses without breaking the bank. Instead of paying your student's college bill for a semester or quarter all at once, you pay in monthly installments. In many cases, the first payment is larger than the ensuing payments.

What is the processing fee for my Toronto pay?

The City will always offer a free, convenient, and accessible payment option to customers through electronic funds transfer. People who choose to make payments via credit or debit cards are charged an industry processing fee of 2.35 per cent and 1.5 per cent respectively for each transaction collected by PayIt.

How do I pay my tuition fees as an international student?

7 Best Ways to Pay International Tuition Fees
  1. Forex Cards. ...
  2. International Wire Transfer. ...
  3. Cash Payments. ...
  4. Foreign Currency Demand Drafts. ...
  5. Credit/Debit Cards. ...
  6. University Online Payment Portal. ...
  7. International Money Order.

Can my fee status change?

There are limited circumstances in which your fee status can change part-way through your course, two of which are if you are granted refugee status or you officially become a British Citizen.

Which country pays most to international students?

10 best countries for international students to get paid highly
  • Switzerland. It is no surprise that Switzerland is at the top of the list of the best countries for international students. ...
  • Luxembourg. ...
  • US. ...
  • Iceland. ...
  • Norway. ...
  • Denmark. ...
  • Canada. ...
  • Greenland.

How to pay Canadian college fees from India?

To pay college tuition fees from India to Canada, Canadian colleges accept payment through several methods, such as bank transfer, demand draft, credit card, payment platform, forex card, and overseas bank account. Continue reading to learn more about these payment methods for a seamless transaction.

How to transfer money to a foreign university from India?

Safest Way to Transfer Money From India to Overseas Location Towards Your Child's Educational Needs
  1. Well-Tested Methods For International Money Transfer. ...
  2. Wire Transfer Through Banks. ...
  3. Foreign Currency Demand Draft. ...
  4. Forex Cards. ...
  5. Digital Money Transfer Services. ...
  6. Benefits of ICICI Banks's Money2World Service. ...
  7. In Conclusion.

How to pay Canada college fees from India through Flywire?

Settings
  1. Step 1: Find Your Institution. ...
  2. Step 2: Enter Your Country and Payment Amount. ...
  3. Step 3: Select Your Payment Method. ...
  4. Step 4: Enter the Payer's Information. ...
  5. Step 5: Enter the Payment Information. ...
  6. Step 6: Review and Confirm Your Information. ...
  7. Step 7: Complete Your Payment Based on the Selected Method.

How do students afford rent?

Student loan money can be used to pay for room and board, whether it's on- or off-campus housing. So the short answer is, yes, students can use money from federal or private student loans to pay their monthly rent or any other living costs.

How much student loan can I get?

If you're an undergraduate, the maximum combined amount of Direct Subsidized and Direct Unsubsidized Loans you can borrow each academic year is between $5,500 and $12,500, depending on your year in school and your dependency status.

Is it illegal to spend student loan money?

Students who spend their federal loan money on noneducational expenses might not be breaking the law, but they could still face legal repercussions from the Education Department if their actions are discovered. 1 In some cases, this may include repaying subsidized interest.