Plan your finances.
Scholarships and awards
Financial aid
All high school applicants to Rotman Commerce are automatically considered for most admission scholarships based on their academic achievement, extracurricular involvement and other eligibility criteria. Some scholarships and awards require a separate application.
University of Toronto Advance Planning for Students The University of Toronto is committed to ensuring that no domestic student who gains admission to the university is unable to enrol in or complete their studies due to lack of financial means. This commitment led to the creation of a unique financial aid program: University of Toronto Advanced Planning for Students (UTAPS). Through a nonrepayable grant, UTAPS covers unmet financial need after a student has received a maximum amount of support through government assistance (e.g., OSAP for Ontario students).
RC applicants are also eligible for several University of Toronto scholarships. Those that require nominations include the National Scholarship for Canadian high school students and the Lester B. Pearson International Scholarship for international students.
Tuition and incidental fees 2020/21
Canadian citizen or permanent resident First Year Upper Years in Rotman Commerce
$6,100 $15,900
International student First Year Upper Years in Rotman Commerce
$57,740 $65,530
Notes 1. Fees shown are in Canadian dollars and apply to the 2020/21 academic year. All fees are subject to change. 2. Totals shown include program fees and the University Health Insurance Plan ($720). The totals shown do not include incidental and ancillary fees; these vary by college. 3. Tuition fees increase in the second year of the RC program. The totals shown for upper years include the program fee based on 2019/20 values. You’ll find a complete fee schedule on the U of T website. 4. Please note that international students are not eligible for need-based financial aid.
16 Rotman Commerce 2021/22
U.S. student aid U.S. citizens can apply for financial assistance from the U.S. William D. Ford Federal Direct Loan Program. U of T is a recognized post-secondary institution for Federal Direct Loans (PLUS/ Subsidized/Unsubsidized). Education Savings Plans and U.S. Federal Education Tax credits are also applicable. For more information, visit the U.S. loans page on the U of T website. Sponsored students As a top-ranked global institution, the University of Toronto is an approved destination for most countries’ national mobility scholarship programs.
More about scholarships: You’ll find all the details using the Award Explorer and Award Profile tools on the scholarships section of the U of T website. More about finances: For a more complete picture of how to finance your Rotman Commerce studies, visit the fees section of the U of T website.
