Lana Oconnell
Toronto Metropolitan University (formerly known as Ryerson University) offers a range of payment methods for students to pay their fees. The fees vary based on the student's academic program, year level, enrolled courses, immigration status, and residency. International students, for example, may pay between CAD 35,063 to 40,485 per year in tuition fees, while domestic students may pay between CAD 7,041 to 11,149. Students with a Canadian bank account can pay online or in person, while international students can use one of the three partnering providers for international tuition payments. Students can also set up Ryerson as a bill payment and use their student ID number as the account number. Additionally, students who are sponsored by a third-party agency can request that the university invoice the agency directly.
| Characteristics | Values |
|---|---|
| Student fees range for international students | CAD 35,063 to 40,485 per year |
| On-campus accommodation fees | CAD 8,000 to 14,500 per academic year |
| Off-campus accommodation fees | CAD 12,000 to 21,000+ per year |
| Application fee | CAD 150 |
| Non-refundable tuition deposit | CAD 1,000 |
| Payment methods for international students | Canadian Bank Payments, International Transfer Payments |
| Undergraduate, graduate and law school fees deadline | Beginning of the semester |
| Chang School fees deadline | Time of course enrollment |
| Payment methods | Online banking, telephone banking, branch visit |
| Late fee service charge | 1.25% per month |
| Special students fees | Fee per course unit per term, plus any applicable ancillary fees |
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What You'll Learn
Payment methods for international students
Toronto Metropolitan University, formerly known as Ryerson University, offers various payment methods for international students to pay their tuition and residence fees. These methods include:
Canadian Bank Payments
If you have a Canadian bank account, you can make online or in-person payments through your bank or credit union. Here's how you can pay:
- Choose your mode of payment (in-person or online).
- Add "Toronto Metropolitan University" as the payee.
- Use your nine-digit TMU Student Number (found in your MyServiceHub account).
- Once you submit your payment, check your MyServiceHub account to confirm it was received.
- Allow 3-5 business days for the payment to be processed.
International Transfer Payments
Toronto Metropolitan University partners with three providers for international tuition payments: CIBC International StudentPay, Convera for Students, and one other unlisted provider. You can refer to the Convera website to generate a quote for payment options based on your preferred currency.
Credit Card Payments
Credit card payments are accepted for international students via Convera. When making a payment, you can select the most convenient payment method, and payment instructions will be provided.
Third-Party Sponsorship
Students who are sponsored by a third-party agency and are requesting that Toronto Metropolitan University invoice the agency directly should contact the ServiceHub. A financial guarantee from the sponsoring organization will be required. More information can be found on the Office of the Registrar Fee Payments page.
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Undergraduate and graduate fees
The fees for undergraduate and graduate programs at Toronto Metropolitan University (formerly Ryerson University) vary depending on several factors, including the student's residency status, program, and campus accommodation choices.
For the 2024-25 academic year, international students can expect to pay approximately CAD 35,063 to 40,485 in annual tuition fees. On top of that, on-campus accommodation costs between CAD 8,000 and 14,500 per year, while off-campus housing can range from CAD 12,000 to 21,000 or more. International students are also required to pay a non-refundable application fee of CAD 150 and a tuition deposit of CAD 1,000 upon accepting an offer of admission.
Graduate fees at Toronto Metropolitan University are structured differently from undergraduate fees. Graduate students pay fees based on their chosen program option, not on the number of courses they take each term. As an example, for the Department of Mathematics, the THESIS option for international students is quoted at $39,500, while the MRP option is $33,000.
Students can pay their fees through various methods, including online or in-person payments through a Canadian bank or credit union. International students can also utilize one of the university's partner providers for international tuition payments, such as CIBC International Student Pay or Convera for Students. It's important to note that payments for tuition and residence fees are only accepted through the student's financial institution, and students should ensure that their payments are made by the applicable university payment deadlines to avoid late payment charges.
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Residence fees
Meal plans are mandatory for residents in the International Living/Learning Centre (ILC), with prices ranging from up to CAD 5,400+ per year. The cost of accommodation will be paid along with tuition fees.
Students with a Canadian bank account can make online or in-person payments through their bank or credit union. To do this, they must add "Toronto Metropolitan University" as the payee and use their nine-digit TMU Student Number, which can be found in their MyServiceHub account. It takes 3-5 business days for the payment to be processed.
Alternatively, TMU partners with three providers for international tuition payments: CIBC International StudentPay, Convera for Students, and PayMyTuition International.
Students who are sponsored by a third-party agency and want Ryerson to invoice the agency directly should contact the ServiceHub. A financial guarantee from the sponsoring organisation is required.
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Application fees
For the 2024-25 academic year, international students applying to TMU are required to pay an application fee of CAD 150. This fee may differ depending on whether the student applies through the university's online portal or via the Ontario Universities' Applications Centre (OUAC). It's important to review the specific instructions and requirements provided by TMU during the application process.
In addition to the application fee, international students are also required to pay a non-refundable tuition deposit after accepting the university's offer of admission. The tuition deposit for TMU for international students is CAD 1,000. This deposit is separate from the application fee and is a confirmation of the student's intention to enrol in the university.
Regarding payment methods, international students have several options to pay their application fees and tuition deposits. They can use Canadian bank payments if they have a Canadian bank account, allowing them to make online or in-person transactions through their bank or credit union. Alternatively, TMU partners with three international tuition payment providers: CIBC International Student Pay, Convera for Students, and Flywire International Payments. These providers facilitate secure international money transfers to cover the application fee and tuition deposit.
It is important to note that application fees and tuition deposits are non-refundable. Students should carefully review the application instructions, fee structures, and payment methods provided by TMU to ensure a smooth application process. The university's official website and the Office of the Registrar's Fees and Finance section are valuable resources for detailed and up-to-date information on application fees and payment procedures.
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Late payment charges
Toronto Metropolitan University (formerly Ryerson University) charges a late fee service charge of 1.25% per month (or part of a month) on any overdue balance in a student account. This is equivalent to an effective annual rate of 16.08%. Students are required to pay any remaining balance by the applicable University payment deadline or be subject to late payment charges.
Students are expected to pay their fees for the current academic term by the posted due date to remain in good financial standing with the University. For example, students were required to pay the total Fall 2021 fees by September 17, 2021, and the total Winter 2022 fees by January 28, 2022.
Students who have a Collections Block on their account, indicating that their balance has become past due, should contact Credit and Collections at [email protected]. Any fee in excess of $100 will result in a student's graduation award document being withheld until payment has been made.
Students who are facing financial difficulties in paying their fees by the deadline can contact the ServiceHub for assistance.
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Frequently asked questions
For the 2024-25 academic year, international student fees at Ryerson University (now Toronto Metropolitan University) range from CAD 35,063 to 40,485 per year. There is also a CAD 150 application fee and a non-refundable CAD 1,000 tuition deposit.
International students can pay their fees through a Canadian bank account or via one of the three international tuition payment providers partnered with the university: CIBC International StudentPay and Convera for Students.
Yes, students should be aware of mandatory departmental ancillary fees that must be added to tuition fees. There is also a late fee service charge of 1.25% per month on any overdue balance.
