You are now in the main content area

Financial Assistance, Awards & Student Fees

  • Many awards are administered in fall and students are strongly encouraged to apply to them. 
  • If you have not done so already, please create an AwardSpring, external link profile to explore funding opportunities available through Ryerson. 
  • In May 2021, Ryerson invested $2.1 million in additional bursaries for students, which include: 
    • First Year Persistence Bursary – Students in the first year of their program with a demonstrated financial need will receive a bursary equivalent to approximately half a credit in tuition at the current undergraduate Arts & Science rate. These funds can be used towards future educational costs.  
    • New Start Bursary – Students in their final year of study who need to resolve an outstanding debt to complete their programs successfully have been made eligible for additional assistance.
    • Bursaries for Equity-Deserving Groups – Students who have self-identified through OSAP and/or AwardSpring as Black, Indigenous and/or living with a disability, and who have demonstrated financial need, will receive additional bursaries.
  • Career Boost Undergraduate Program: Full-time undergraduate students interested in securing part-time employment with Ryerson are encouraged to check out the Career Boost Undergraduate Program. Need help with resumes and interviewing? You can book an appointment with the Career & Co-op Centre!
  • Career Boost International: Full-time undergraduate and graduate international students interested in securing part-time employment with Ryerson are encouraged to check out the Career Boost International Program. Need help with resumes and interviewing? You can book an appointment with the Career & Co-Op Centre!
  • Career Boost Graduate & Law: Full-time graduate students or Faculty of Law students are encouraged to check out the Career Boost Graduate & Law Program. Need help with resumes and interviewing? You can book an appointment with the Career & Co-Op Centre!

Yes. Refunds are processed within 15 business days and will be sent to you via cheque to your mailing address listed on your RAMSS Student Centre. If you need to update your mailing address, detailed instructions are available on the RAMSS Support website

  • As outlined on the OSAP website, external link, from March 30, 2020 to September 30, 2020, the Ministry temporarily deferred loan payments and interest did not accrue on your student loans. Any payments made during this period went entirely towards your loan principal. As of October 1, 2020, you were required to resume repaying your loan, meaning:
    • Payments were withdrawn from your account if you were on pre-authorized debit
    • If you make payments through online banking or cheque, you were required to send in payments
  • Effective April 2021, the Government of Canada suspended the accumulation of interest on Canada Student Loans until March 31, 2023. 
    • At this time, provincial interest rates still accrue. If you are in repayment, or would like to make a payment to your student loans, please note you cannot choose to direct payment to the provincial portion of your funding. For more information on government repayment allocation rules, please contact the National Student Loans Service Centre, external link.
  • More information can be found on the student financial assistance COVID-19 supports webpage.

Many awards are administered in fall. Students are encouraged to apply for awards by creating a profile and completing any additional application steps in AwardSpring, external link.

Important Information for OSAP Recipients:

You are required to declare CRB/CRSB earnings as “other income”on your OSAP application if you are receiving CRB/CRSB during your OSAP study period and are earning more than $5,600 in total income in a single semester. For example, if you are receiving full-time OSAP from September 2021 to April 2022, and you are receiving a CRB and/or CRSB installment in September for $2,000, and also start a part-time job in October 2020, earning $5,000 before the end of December, you are required to declare your earnings.

To update your application, please scan and upload, external link a letter to your OSAP account, external link using the “optional/other uploads” button on your Required Documents page including the following information:

  1. Your full name, Ryerson Student Number, and the date
  2. The amount of CRB/CRSB received during your study period and the period during which you are receiving these payments, e.g. $2,000 from CRB/CRSB in September 2021 
    • Upload your letter through your online OSAP account using the "Optional uploads" link on the Required Documents page. Your OSAP funding will be recalculated within 3 to 4 weeks from date of submission based on the updated income information.

The university paused the application of late fees on outstanding balances from May 2020 to January 2021. Late fees resumed as of February 2021 at a rate of 1.25% monthly. For more information on Ryerson’s tuition and fees policies, please visit the Tuition, Fees, and Policies webpage.

The university paused collections activities from May 2020 to January 2021. Collections activities resumed as of February 2021. Students who have a Collections Block on their account are encouraged to contact Ryerson Credit and Collections by email at collections@ryerson.ca. For more information on Ryerson’s tuition and fees policies, please visit the Tuition, Fees, and Policies webpage

Tuition and Fees during COVID-19 Explained

In response to the COVID-19 pandemic, Ryerson University used a virtual approach for the delivery of courses for the first month of the Winter 2022 semester. We expanded the number of on-campus courses; while many courses continued to be offered remotely. On-campus learning was prioritized for courses that required in-person instruction or access to on-campus physical resources for students to meet their academic requirements, for example clinical instruction. As of February 28, 2022, our campus has now fully returned to in-person teaching and learning . A list of the services, programs and supports that will have in person, on campus offerings can be found on our COVID-19 website.

We recognize that students may be wondering how virtual programs and academic delivery will impact their tuition and fees during the Winter 2022 semester. Ryerson is focused on supporting students through this difficult time. This means that current tuition and fees have been maintained for Winter 2022, while we invest in providing exceptional education and resources for all of our students, and in providing additional financial assistance for our students who need it most.

We have reviewed all mandatory and course based fees where services have been reduced or eliminated due to the current COVID-19 situation. Full details on course-based fees are available on the website of the Registrar

The following are the most frequently asked questions we have received from the community regarding tuition and fees:

 

  • Tuition supports all aspects of your academic experience, both in and outside the classroom, from instruction and research in faculties, to the support services that ensure students can be successful during their time here, like counselling, financial assistance, and academic accommodation support.
  • The university’s regular expenses have not changed due to the pandemic. Much of the teaching, learning and instruction that students would normally receive if they were on campus continue to be available remotely.
  • Ancillary fees support numerous services, organizations, and activities across the Ryerson campus.

    • Non-Tuition or Mandatory Ancillary Fees are charged to all students, and support services that enhance campus life and student success, such as Student Learning Support or the Career Centre. All fees have been voted on by students through referenda and support a range of university services as well as other student organizations like the RSU/EyeOpener and CJRU.  Over the course of the pandemic, many of these services moved online and were available to students.
    • Departmental/Program & Lab Ancillary Fees are charged at the course level, and pay for activities like field trips, learning materials, and experiential education. Ryerson had revised some of these fees to ensure that in instances where items were not offered due to COVID-19, these fees were not charged. All departmental & course fees are available on the Undergraduate Fees by Program page.
  • A full overview of all ancillary fees and how they are used can be found on the Ancillary Fee Descriptions page.

Fee amounts charged by the Ryerson Students’ Union or other student associations are the responsibility of those organizations and are not controlled by the university.

  • Our focus is on providing access to education. That is why Ryerson has prioritized making funds available to students in greatest financial need through numerous bursaries.
  • To date, the university has been able to distribute over $7M directly to students impacted by the COVID-19 pandemic through various bursary programs. Students can find more information about what additional financial assistance opportunities are available above on this page. 
  • In May 2021, Ryerson invested over $2.1M in additional bursaries for those with a demonstrated need. This includes the First Year Persistence Bursary, New Start Bursary, and bursaries for Equity-Deserving Groups.
  • Effective April 2021, the Government of Canada suspended the accumulation of interest on Canada Student Loans until March 31, 2022. Subject to Parliament approval, the Government of Canada has proposed to extend this measure until March 31, 2023.
    • At this time, provincial interest rates still accrue. If you are in repayment, or would like to make a payment to your student loans, please note you cannot choose to direct payment to the provincial portion of your funding. For more information on government repayment allocation rules, please contact the National Student Loans Service Centre, external link.