Innis Residence
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The cost of Residence for the 2020-2021 (September – April) academic year is $10,491.00. This fee is all-inclusive of lodging, utilities, and Internet.
Students are accepted to Innis Residence on the understanding that they will remain in residence for the full academic period (September to April). There are serious financial responsibilities associated with withdrawing from residence before the end of the Fall/Winter academic session.
When you accept your offer of Residence, you will be required to submit two non-refundable deposits of $600.00 and $1,400.00. It is important that you pay particular attention to the date set out in your offer email; not completing your application and paying your deposit on time will result in your offer being withdrawn and cancelled.
In addition to the Occupancy Fee of $10,491.00, Residents also agree to pay the non-refundable Innis Residence Council Fee of $61.14.
The Residence Occupancy Fee of $10,491.00 is payable by two deposits plus two payments, as follows:
1. Fall Session Fee: $6,600.00 paid as follows:
I. $600.00 Non-refundable deposit of $600.00 by the designated offer deadline date stated in your Letter of Offer. This amount is paid online with a credit card through the StarRez Portal Application.
II. $1,400.00 Non-refundable deposit of $1,400.00 by the designated offer deadline date stated in your Letter of Offer. This amount is paid online with a credit card through the StarRez Portal Application.
III. $4,600.00 The first payment of $4,600.00 must be made by September 30th, 2020 and can only be paid through your ACORN student account. Failure to pay this will result in your residence space being cancelled.
Note: Monthly service charges on any outstanding Fall Session fees will begin to be applied to your ACORN account on October 15th, 2020.
2. Winter Session Fee: $3,891.00 paid as follows:
IV. The second payment of $3,891.00 must be made by November 30th, 2020 for students who do not have an OSAP or Other Government Loan deferral; Scholarship; Sponsorship; or Tuition Waiver Deferral.
Note: Service charges on any outstanding Winter Session fees will begin to be applied to your ACORN account on December 15th, 2020.
3. The Innis Residence Council (IRC) Fee of $61.14 is charged automatically along with your residence fees. The IRC Fee is charged to your student ACORN account as:
I. $30.57 for the Fall Session paid by September 30th, 2020.
II. $30.57 for the Winter Session paid by November 30th, 2020.
All Innis students pay an Innis College Student Society (ICSS) Fee. For Innis College students this fee is automatically included in their incidental fees.
| Deadline | Occupancy Fee | IRC Fee | TOTAL |
|---|---|---|---|
| Offer Letter | $600.00 | $600.00 | |
| Offer Letter | $1,400.00 | $1,400.00 | |
| September 30, 2020 | $4,600.00 | $30.57 | $4,630.57 |
| November 30, 2020 | $3,891.00 | $30.57 | $3,921.57 |
| TOTAL | $10,491.00 | $61.14 | $10,552.14 |
Payments can take up to 10 business days to be reflected on your student account. The above deadline dates are payment deadlines NOT processing deadlines. We will not check for payments until 10 business days after the above dates. Make sure to make your payments by the above dates and to keep your payment confirmation information in case of any issues.
With the exception of your $600.00 and $1,400.00 deposits, all residence fees are processed through your ACORN student account and paid the same way as tuition fees. Payments can be made at most major Canadian banks and Credit Unions, or through telephone or online banking. To view your invoice that shows your total outstanding fees as well your account information, log into ACORN, then click on Financial Accounts, then Invoice.
For specific instructions on how to make a payment, visit the Student Accounts Website, click on the current academic session, and then click on Making Payments for both international and domestic instructions.
As mentioned above, students are accepted under the understanding that they will remain a full time undergraduate student and live in residence for the entire 8 month period. Should you decide to cancel and withdraw from residence you must do so in writing by e-mailing residence.innis@utoronto.ca. Please include your full name, student number, and reason for cancelling in your e-mail.
You will be charged according to one of the four scenarios below:
New Students: Those individuals who will be commencing their studies at U of T in the Fall 2020 term.
| Notice Date* | Vacating Date | Occupancy Fee |
|---|---|---|
| Before August 1, 2020 | N/A | $0.00 |
| August 1, 2020 to September 5, 2020 | N/A | $2,000.00 |
| September 6, 2020 – November 13, 2020 | On or before December 23, 2020 | $6,600.00 |
| September 6, 2020 – November 13, 2020 | After December 23, 2020 | $10,491.00 |
| After November 13, 2020 | N/A | $10,491.00 |
Returning Students: Those individuals who have commenced studies at U of T prior to the beginning of the Fall 2020 term.
| Notice Date* | Vacating Date | Occupancy Fee |
|---|---|---|
| Before July 22, 2020 | N/A | $0.00 |
| July 22, 2020 to September 3, 2020 | N/A | $2,000.00 |
| September 4, 2020 – November 13, 2020 | On or before December 23, 2020 | $6,600.00 |
| September 4, 2020 – November 13, 2020 | After December 23, 2020 | $10,491.00 |
| After November 13, 2020 | N/A | $10,491.00 |
*The “Notice Date” is the date upon which the request to cancel and/or withdraw is received by the Residence.