Money Matters

Tuition Fees: Graduate Studies

Fees are subject to change from year to year; these changes are typically announced in May for the upcoming academic year. Visit the University of Toronto Student Accounts Office for current tuition fees information.

Note: All graduate students must pay a minimum degree fee by the time of program completion.  Early completion of a program does not result in lower fees. For more details please visit (scroll down to Minimum Degree Fee).

MSE Guaranteed Graduate Student Funding

Graduate students are guaranteed funding for each of the first two years of an MASc program, and each of the first four years of a PhD program. Beyond Year 2 of the MASc Program and beyond Year 4 of the PhD program, funding is not guaranteed. Any financial support provided beyond the guaranteed funding period is at the discretion of the supervisor.  Students are encouraged to discuss this with their supervisors just prior to the end of the guaranteed funding period.

Please note that funding provided includes monies from all possible sources such as scholarships, fellowships, research stipends and other sources.

MEng students are not eligible for the guaranteed funding package or any Departmental Scholarships/Fellowships/Teaching Assistantships or research stipends.

MSE Graduate Scholarship Funding Table 2022-2023 – Domestic & International; here

MSE Graduate Scholarship Funding Table 2023-2024; MASc – Domestic, MASc – International, PhD – Domestic, PhD – International


Master of Engineering students

The M.Eng program is self-funded and prospective students may look into work-study and government student funding or a student line of credit through their banking institution to support their financial needs while in the program.  M.Eng students are generally not eligible for awards or scholarships, except where indicated.

M.Eng students are eligible to apply for TAships and the SGS Financial Aid & Advising Office is a resource for realistic budgeting.  Financial advisors can also assist in uncovering additional sources of funding through loans and grants. Finally, the UofT Centre for Career Exploration and Education is a resource for students seeking work and career advice.

Balance of Degree Fee

Master’s students (MASc and MEng) who finish the degree program requirements in less time than the defined program length, regardless of registration option, will be subject to a balance of degree fee.

Students who undertake their studies on a part-time basis are required to pay at least the same amount of tuition for their degree as a full-time student.

The balance of degree fee is the minimum degree fee minus tuition fees already paid by the student. The balance of degree fee is assessed just prior to graduation.