Fees

For information on tuition fees for the Management degree and funding your education, please check our Fees page.

Co-op Fees - Where Do Mine Go?

For students in the Co-op Program, co-op fees are in addition to tuition and incidental fees. Co-op fees relate to costs associated with the administration of work terms and are calculated in accordance with the Ministry of Training, Colleges and Universities, and University of Toronto policies. The costs recovered through the fees are:

  • Salaries and benefits of that portion of each professional and administrative staff position directly related to the provision of placement services and work-term activity (includes obtaining job postings, preparation of students for the work term experi­ence, monitoring work term activity, and debriefing students and employers following the work term);
  • Non-salary expenditures attributable to the provision of recruit­ment services and work-term activities including travel, tele­phone, mailing/postage, printing, photocopying, publicity, computing, equipment and furnishing, supplies and expenses, and external meetings;
  • Maintenance costs, including costs of utilities, custodial ser­vice and security of the space used for administrative and pro­fessional co-op staff and interviewing or meeting rooms used during the recruitment cycle.

Regardless of whether they enter the program in the first or second year of university study, all students in the Co-op Program are eligible to complete the maximum number of work terms as required by their program. The co-op fee schedule ensures that the total amount of co-op fees payable is fairly assessed regardless of the year of entry, and that students will generally not be assessed co-op fees in the final year of their program, after their work terms have been completed.

Schedule for Fees Assessment

The payment of co-op fees is spread over a number of sessions (Fall, Winter, Summer). The number of ses­sions and the amount of the fees depend on the year of entry to the program.

For students admitted to the Co-op Program in Year 1, the co-op fees are payable in each of the first eight sessions (Fall, Winter, or Summer) in which the student either enrolls in any number of courses or is on a work term, after which no further co-op fees will be payable.

For students admitted to the Co-op Program in Year 2, the co-op fees are levied at a somewhat higher level, but are payable in each of the first six sessions (Fall, Winter, Summer) in which the student either enrolls in any number of courses or is on a work term, after which no further co-op fees will be payable.

Fees Payment

As in the case of tuition fees, co-op fees are posted to a student’s account. The co-op fees for the Fall and Winter sessions will be posted in the Fall; students must make a minimum payment to regis­ter, then may pay the balance of their account in monthly installments. Accounts should be paid in full by the end of the Winter session; in the event of an outstanding balance at the end of the session, students will not be permitted further registration, nor have transcripts issued. For the summer session, the co-op fees are payable in full at registration. For more details on payment of your account, see the Student Account Information Booklet provided with your registration material.

Please note that all co-op students are charged co-op fees at the begin­ning of each registration period. If students do not register in courses or are not on a work term, the fees are reversed at the end of the course enrollment period in mid-May, mid-September and mid-January.

Refund Policy

If a student withdraws during the session from all of the courses in which he/she is registered, the refund schedule for inci­dental fees will apply to the Co-op fees. If a student leaves the program for any reason, co-op fees paid in earlier sessions are not refundable. If a student registers for courses and subsequently secures a work term, the co-op office will request that the student’s course fees be refunded if the request falls within a reasonable amount of time.

Extended Work Term Fees (2016/17)

The co-op program provides the possibility for students who have completed two work terms to accept a third work term which is 8 or 12 months in length. Where a student received additional work terms beyond the initial three, the student will be required to pay an additional fee for each additional work term. This will be a fee payment of ($539) per additional work term.

For instance, if a student completes 2 work terms and then accepts a third work term that is 12 months long, they will pay $539 for each of the two additional work terms that they complete. These fees will cover the costs associated with the administration, site visit and work term project grading for the work terms.

Co-op Fees Schedule for 2016/2017

Management Co-op domestic year 1 entry (8 payments x $539)
Management Co-op international year 1 entry (8 payments x $716)
Management Co-op domestic year 2 entry (6 payments x $718)
Management Co-op international year 2 entry (6 payments x $954)
 
MIB domestic year 1 entry (8 payments x $684)
MIB international year 1 entry (8 payments x $861)
MIB domestic year 2 entry (6 payments x $912)
MIB international year 2 entry (6 payments x 1148)
 
For students who enter MIB from Management Co-op, overall fees will be adjusted accordingly.  Please speak with a Co-op staff member if you have questions.

Please direct questions regarding student accounts or payment of fees to University of Toronto Student Accounts at 416-978-2142 or info.studentaccount@utoronto.ca. Students can also consult the University of Toronto Fees Schedule at www.fees.utoronto.ca.