Going to study in Canada next term? If yes, you probably have started to prepare.
It’s also likely that finance is high on your checklist as you plan your study in Canada experience. This page will guide you through one of the aspects of finance – tuition deposit.
An admission deposit or tuition deposit or acceptance deposit or registration deposit is an amount of money you pay after getting admission at a Canadian university. It is paid against your first year tuition fees.
Most Canadian universities require international students to pay an admission deposit while accepting admission offer. Your deposit payment confirms that you accept the offer of admission
In fact, you won’t be able to apply or receive the necessary documentation to apply for a Canadian study permit unless you have first paid your deposit. Yes, you read that.
Most programs at leading Canadian universities are highly competitive. Paying your admission deposit enable the university to retain your place. It’s like an insurance cover to secure your offer.
Moreover, if your admission is not complete (which includes accepting your offer), you will be unable to apply for a study permit to study in Canada. Most universities require you to make payment of your admission deposit within 30 days of the date of offer in order to confirm your admission.
And once you pay your admission confirmation deposit, you are able to apply for a Canadian study permit.
To help with your finance preparation, I knew you would be asking, how much is admission deposit? The amount payable as tuition deposit vary across universities. Fortunately, I’ve done the research for you.
This blogpost highlight the admission deposit of all universities in Canada (except those not collecting deposit). The universities on this list made it because they have a tuition fee deposit.
But then, you may probably be thinking admission deposit is free money to university. It is not.
Let’s see an illustration.
Assuming Prisca from Africa got admission to study XY course at ABC university in Canada. Her tuition fee is $20,000 CAD. ABC university requires a deposit of $1,500 CAD against international students tuition.
Prisca pays her tuition deposit and start applying for study permit. On arrival in Canada (or before), she pays the balance tuition of $18,500 CAD to complete her tuition fee.
We now see the tuition deposit is an amount paid against the total tuition. Depending on the Canadian university, your tuition deposit goes toward your first semester or first year fees.
Hopefully, we are clear. Now let me take you across Canada.
But while I do that, let also reveal to you that tuition deposit is different from application fee. While you pay a tuition deposit once you have admission, application fee is paid to the university when you want to submit your application. You can check through all Canadian universities application fee.
So this post you’re reading now is about tuition deposit. Am hopeful you have gotten it.
Below are Canadian universities and their tuition deposit for international students.
1. University of King’s College – $200 CAD
2. Saint Mary’s University – $200 CAD
3. Université Saint-Anne – $295 CAD
4. Mount Saint Vincent University – $500 CAD
5. University of Regina – $500 CAD
6. Lakehead University – $1,000 CAD
7. Cape Breton University – $2,500 CAD
8. Huron University College, Ontario – $3,000 CAD
9. Brock University – $5,000 CAD
10. Dalhousie University – $200 CAD
11. University of Prince Edward Island – $250 CAD
12. Laurentian University – $2,000 CAD
13. Brock University – $3,000 – $5,000 CAD (depending on program)
14. MacEwan University – $1,000 CAD
15. University of Calgary – $500 CAD
16. University of Alberta – $1000 CAD
17. The King’s University – $500 CAD
18. Concordia University of Edmonton – $2,500 CAD
19. The University of Winnipeg – $10,000 CAD
20. Royal Roads University – $5,000 CAD
21. Vancouver Island University – $2,500 CAD
22. University of Victoria – $750 (Undergraduate)
23. University of Northern British Columbia – $1500 CAD
24. Trinity Western University – $9,990 CAD
25. Thompson Rivers University – $3,000 CAD
26. University of British Columbia – $1,000 CAD
27. Kwantlen Polytechnic University – $5,000 CAD
28. Simon Frazer University – $750 CAD
29. McGill University – $300 – $500 (depending on level of study)
30. Concordia University – $100 CAD (Undergraduate programs) $250 CAD (Graduate programs)
31. Bishop’s University – $350 CAD
I’m still making research and updating this page. But you’re free to comment the tuition deposit of your school if not on the list.
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Maxwell is a Dietitian with passion for showing people hope. With nearly a decade experience helping people make key decisions on education and career, you can find him almost everywhere on this site. From answering admission and scholarship questions to creating tutorials and helping others live their best lives though nutrition. Connect with me on Twitter.