Financial aid For U.S. Students
Students who are citizens or permanent residents of the United States and are in need of financial aid can explore various funding programs and find tax information.
Financial aid options
As a publicly funded institution, the university is not able to offer direct financial aid to international students, however, U of T is a Title IV eligible institution that participates in the William D. Ford Federal Direct Loan student aid program. The university is also an approved institution for the administration of subsidized and unsubsidized U.S. Direct Loans and PLUS Direct Loans.
Dual citizens
If you are a dual citizen of the United States and Canada (or a US citizen and Canadian permanent resident), you may be eligible to apply for U.S. federal loans and Canadian provincial/territorial financial aid programs—but you cannot obtain financial aid from both the U.S. and Canada. We recommend that you research and determine the program that is best suited for your financial aid needs.
Step-by-step guide
This guide provides a general timeline to help you understand costs, plan ahead, and stay financially prepared for your university journey.
Understand the costs of going to university
Get an idea about how much tuition and fees will cost. Determine whether you plan on living in residence or off-campus.
Research your options
Explore the U.S. financial aid programs that you're eligible for, and review U of T scholarships and awards that may be available to you.
Apply to university
Submit your application to U of T through the Ontario Universities' Application Centre (OUAC). After your application is received and processed, you will gain access to the Join U of T applicant portal or the Engineering applicant portal, where you will find other next steps.
Apply for a financial aid program
Whether it's through the William D. Ford Federal Direct Loan Program or an alternative/private loans, plan to get your financial aid in place early so you are prepared to being your studies.
Pay your tuition
Fee billing starts in mid-July, but the specific deadline can vary by area. If you are receiving provincial or territorial financial aid, you can defer the payment until it is available to you. Keep a close eye on your email inbox for details.
Begin your journey with us!
You are all set! If you run into any financial issues throughout the year, contact your registrar's office for help.