Fees and financial aid

Fees & financial aid

Fees and financial aid

Domestic students

MGA domestic students entering in fall 2024
$21,070.00 (plus incidental fees)
*All amounts are in Canadian dollars.
Please note that the fees listed above are for one academic year.

International students

MGA international students entering in fall 2024
$49,920.00 (plus incidental fees) 
*All amounts are in Canadian dollars.
Please note that the fees listed above are for one academic year.

For more information on being an international student and visa requirements at the University of Toronto please visit the Centre for International Experience website. International students should try to get a student visa as early as possible as wait times for visas will vary and can delay your start date for the program.

Shot of a stone building on the University of Toronto campus in the fall.

Financial Aid

The MGA program does not have a financial aid program. Students enrolled in the MGA program fund their degree through scholarships (if awarded), government loans (OSAP, U.S. Federal Direct Loan Program, etc.), bank loans (ScotiaLine for Students), personal savings, and RAships and TAships. It is important you budget your finances before starting the MGA program to ensure you are able to afford the degree through its entirety. UofT has a Financial Planning Tool to help you plan your finances. In addition, The School of Graduate Studies has financial advisors for current MGA students.

Sample Budget for MGA Program Expenses (total for one year)

Housing $30,000 (per year based on $2500 per month)

Tuition $21,070.00 

Utilities $2000

Food/Transportation $8,000 

Clothing/Entertainment/Books $2000

Estimated total per year: $63, 070.00 (CAD for domestic students)

Teaching Assistant & Research Assistant Positions

You can help supplement the cost of your degree by taking on a position as a Teaching Assistant or Research Assistant. Teaching assistants at the University of Toronto are unionized and often go to students pursuing Ph.D. programs as part of their funding packages. However, there are many positions available to other graduate students during the academic year. View current TA positions here. The MGA program offers Research Trainee positions for students who want to work directly with MGA faculty (please see MGA Research Trainees). Beyond these positions, there are formal Research Assistants with other faculty across the University. RA positions and other paid research options are available on the CLNx job postings site.

Housing

Grad House is the University of Toronto’s residence for graduate students. Students must apply directly to Grad House for a spot. Please visit their website for more information.

More information on housing options for students can be found here.