- Financial Aid
There are over 4,400 undergraduate admission scholarships that the University of Toronto, along with its faculties, campuses and colleges, awards each year.
Eligible high school students (including international candidates) are automatically considered for a variety of admission scholarships when they apply to the University. Awards and cut-offs vary by division, faculty and college.
There are also admission scholarships that require a separate application, and others that require you to complete an awards profile.
Refer to the guide for first-entry program: Within Reach: How to Finance Your University of Toronto Experience
Frequently Asked Questions
Interested in learning more about the admission scholarships in the sections below? You can find more detailed information using the Award Explorer.
The University of Toronto offers admission scholarships based on merit and/ or financial need. Our major awards are the National Scholarship Program, President’s Scholars of Excellence Program (PSEP), and University of Toronto Scholars Program.
Majority of our on-admission scholarship funding is awarded automatically. A separate application is not required for these merit-based admission awards. Secondary school students are automatically considered for the merit based awards as part of the U of T admission process.
U of T also offers awards on the basis of criteria such as financial need, academic merit, Indigenous background, first generation students, demonstrated leadership etc. A separate supplementary application must be submitted for these awards.
For additional information on college/faculty awards that may require an application, please refer to the individual college or faculty web site.
Students transferring from another college/university are not eligible for admission awards.
All admitted students, including international students, are automatically considered for admissions scholarships. However, these awards tend to be fairly competitive because of the large volume of excellent students who apply to the University of Toronto each year. Please note that the admission awards, which are certainly a great help, are not designed to cover the full cost of international tuition so it is best to have other funding plans as well.
The U of T Lester B. Pearson International Scholarship is U of T’s most prestigious and competitive scholarship for international students. It covers tuition, books, incidental fees, and full residence support for four years. The scholarship is tenable only at U of T.
For information on admission awards that may require an application, please refer to the awards sorter.
Browse additional information on International Students
U of T attracts a large volume of excellent students each year making awards fairly competitive.
Some scholarships are based on academic factors as applicable to students’ academic background and intended area of study. Secondary school students are automatically considered for these awards as part of the U of T admission process. A separate application is not required for these merit-based admission awards.
In addition, U of T also offers awards on the basis of criteria such as financial need, academic merit, Indigenous background, first generation students, demonstrated leadership etc. A separate supplementary application must be submitted for these awards.
Scholarships are based on your grades at the time of admission
Decisions on University awards, including the President’s Scholars of Excellence Program (PSEP) and the U of T Scholars Program, are not revisited.
Provided that you meet all the conditions on your offer of admission we will not withdraw the scholarship offer. Please remember that your final high school marks are an important part of your academic record for the future – keep working!
We award University scholarships on the basis of the student’s average at the time of admission, and the decision is sent either with the offer of admission or under separate cover.
No – The scholarship offer is campus/faculty/college specific. The scholarship is only valid with the specific admission offer.
No, the University of Toronto Scholar admission award is not renewable.
You will however, be considered for University of Toronto In-course Scholarships at the end of your first, second and third year of study (students are considered after completing their fifth, tenth and fifteenth credit) along with the rest of the student body. There are 100 scholarships at each level. These scholarships have a value of $1,500 and are tenable with other in-course awards.
Please note that the President’s Scholar of Excellence is not tenable with the following admission scholarships: Arbor Scholarship, C. David Naylor University Scholarship, Humanities Excellence Admission Scholarship, Lester B. Pearson International Scholarship, Loran Scholars Foundation, National Scholarship, Schulich Leader Scholarship or U of T Scholar. This means that the scholarship offer that is of higher value will replace the scholarship of lower value.
Please note that the U of T Scholar admission award is not tenable with the following admission scholarships: Arbor Scholarship, C. David Naylor University Scholarship, Humanities Excellence Admission Scholarship, Lester B. Pearson International Scholarship, Loran Scholars Foundation, National Scholarship, President’s Scholar of Excellence or Schulich Leader Scholarship. This means that the scholarship offer that is of higher value will replace the scholarship of lower value.
Yes. You may defer your scholarship for one (1) year as long as you meet all the conditions of your admission and you are not continuing your education during the year in which you defer. Admitted applicants should refer to the admission deferral request form and additional information in the Apply section of our website.
The 2020 Dean’s International Student Award offered by the Faculty of Arts and Science may not be deffered.
Payment for an admission award is applied to the student’s fees account after registration is confirmed in the Fall term. Award payments from University of Toronto are posted to ACORN before the service charge date in October.
The scholarship amount is first applied to any fees owing. If the award amount exceeds the fees owing, then the remainder will be issued to the student. It will be deposited into your bank account via direct deposit directly . If you have not already done so, please set up direct deposit on ACORN.
Once you are registered at U of T, you will be able to view your award information, including pending payments, on ACORN, under My Award.
In most cases yes, dropping to part time study will affect your eligibility for admission scholarships. Students who withdraw from study or drop to part time may be required to repay all or part of their award. Students who wish to appeal the award condition based on unforeseen or special circumstances may do so in writing to the office or division which offered the award. The scholarship committee will review the appeal and determine if special consideration is warranted.
Please read about your financial aid options. If you plan to apply for government financial aid, you should do so as soon as possible.
You should report any award or scholarship funding you are expecting to OSAP when you complete your application. If you find out about an award after you have applied for OSAP, upload a letter in the “Print/Upload” section of your account on the the OSAP website to update them. Your OSAP application will be updated and you will be notified of any changes in your funding Contact Financial Aid & Awards, Enrolment Services with any questions.
As a Canadian citizen living abroad you will be considered automatically for merit-based awards. The majority of our scholarship funding is awarded through these automatic awards. As a Canadian citizen you may be eligible for need-based financial aid through your home province (your last province of residence). If you have never lived in Canada, your financial aid home is the last province where your Canadian parent lived.
Congratulations on being offered admission to the University of Toronto! Scholarship offers may usually sent after the admission offer, under a separate cover. There are many factors that can affect the timing of a scholarship offer; the vast majority of offers, including central scholarships, are awarded by the end of May.
Unless otherwise noted in the terms of your award, your academic status must remain “in good standing” as defined by your Faculty/ Division.
In Enrolment Services, we work directly with undergraduate programs. If you are looking to enrol in a graduate program, please direct your questions to the School of Graduate Studies.
External Awards are awarded by external organizations to currently registered U of T students. Awards from external organizations (not recorded as donors or sponsors by U of T) must be provided by cheque and should be made payable to the University of Toronto. We are unable to accept an electronic funds transfer (ETF).
The recipient’s full name and U of T Student Number must be clearly recorded on the cheque. The external organization must also include a letter with more detail about the purpose of the funds.
The award cheques should be mailed to the following address:
University of Toronto
172 St. George Street
Please be advised that the University of Toronto will issue a T4A Slip for the award payment.
Canada Revenue Agency (CRA) regulations require the University to issue T4A slips for all award (scholarships, grants/ bursaries) disbursed to students. Please refer to the CRA website for information regarding scholarship exemptions.
Please be advised that the University of Toronto will issue T4A Slip for all payments of external awards (3rd party) paid to students at the end of the year.