TUITION AND FINANCIAL SUPPORT

Domestic Students
First Year $20,079.00
Second Year** $10,039.50

International Students
First Year Fee - $28,525.00
Second Year Fee -$ 14,262.50

The tuition fees above are based on the fee schedule for the academic year. The fee schedule for the 2008/2009 academic year has yet to be disclosed and may be subject to tuition increases.

Incidental Fees
Incidental fees are not included in the figures above. These fees typically range from $1000-1200.
For your second year of study, these fees are pro-rated to one academic session.
Incidental fees are charged for the following: The Graduate Students' Union, Health Services, Hart House, Libraries, the Department of Athletics and Recreation and other student services.
University Health Insurance Plan (UHIP)

University Health Insurance Plan
A University Health Insurance Plan (UHIP) premium of CDN $684.00 (2007/2008 UHIP Premium) is added to the account of all international students. UHIP is compulsory for all international students as well as recent permanent residents and returning Canadian citizens who are in their three-month OHIP wait period.

Non-Refundable Deposit
A $2,500 non-refundable deposit is required upon acceptance of the offer of admission to the Master of Financial Economics Program. This deposit is applied to your first term program fee.

Summer Internship
Students who are successful in arranging for a summer internship typically receive CDN $10,000 - $25,000 for the four-months and this sum may be applied to the tuition.

Teaching and Research Assistantships
Students enrolled in the Master of Financial Economics program may apply for TAship. The stipend for the 2007/2008 academic year is $4708.89 + 4% vacation for Master-level students appointment (140 hours), requiring an average of ten hours per week during the four-month academic session.
.
Research Assistantships
Research assistantships may also be available throughout the year with individual faculty members engaged in research projects. The Department does not appoint research assistants. Appointees are usually chosen by individual faculty members from among students enrolled in the graduate program.

Scholarships Awarded by the Canadian Government
Students who are Canadian citizens or landed immigrants are eligible for the following awards:

Social Sciences and Humanities Research Council of Canada
Fellowships Division
Social Sciences and Humanities Research Council
350 Albert Street,
P.O. Box 1610
Ottawa, Ontario
K1P 6G4
www.sshrc.ca

Ontario Graduate Scholarships
Ontario Graduate Scholarship Program
Student Affairs, Ministry of Education and Training
P.O. Box 4500, 4th Floor
189 Red River Road
Thunder Bay, Ontario
P7B 6G9

The Canadian Government funds several scholarship programs for foreign students wishing to study in Canada. These scholarships are administered by the International Council for Canadian Studies (ICCS). Please refer to their website www.scholarships-bourses-ca.org for further information.

Visa students should also contact educational authorities in their own country regarding financial awards tenable in Canada.

Loans
Canadian citizens and landed immigrants are invited to apply to Scotiabank for a professional student loan on very favourable terms. Please visit the Scotiabank website at www.scotiabank.com for further information.

The School of Graduate Studies and the University of Toronto Alumni Association provide loans to full-time students for emergency purposes to meet financial problems which could not have been anticipated. Particulars may be obtained at the School of Graduate Studies.
The Ontario Student Assistance Program (OSAP)

Ontario Student Assistance Program
Student loans are available from the provincial government (Ontario Student Assistance Program) for Canadian citizens and landed immigrants, and are calculated according to the student’s financial need.

Applications are available online at the OSAP website http://osap.gov.on.ca or at the Student Services Office, School of Graduate Studies.

Graduate Students’ Emergency Loan Fund
This fund has been established in the School of Graduate Studies to assist full-time students to meet financial problems which could not have been anticipated. Full information is available from the Fellowships and Loans Office, 63 St. George Street.