Fees

Innis Residence 2019-20 Fees

The cost of Residence for the 2019-2020 (September – April) academic year is $9,991.00. 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 a $600.00 non-refundable deposit. 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in your offer email; not completing your application and paying your deposit on time will result in your offer being withdrawn and cancelled.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 $9,991.00, Residents also agree to pay the Innis Residence Council Fee of $61.14, unless they elect to opt-out of this fee in accordance with University policy.

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The Residence Occupancy Fee of $9,991.00 is payable by a deposit plus three 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.        $3,000.00  The first payment of $3,000.00 must be made by August 1st, 2019 and can only be paid through your ACORN student account.  Failure to pay this will result in your residence space being cancelled.

III.      $3,000.00  The second payment of $3,000.00 must be made by September 30th, 2019.

Note: Monthly service charges on any outstanding Fall Session fees will begin to be applied to your ACORN account on October 15th, 2019.

2. Winter Session Fee: $3,391.00 paid as follows:

IV.      The third payment of $3,391.00 must be made by November 30th, 2019 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, 2019.

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, 2019.

II.     $30.57       for the Winter Session paid by November 30th, 2019.

All Innis students pay an Innis College Student Society (ICSS) Fee.  For Innis College students this fee is automatically included in their incidental fees.

OSAP and Government Loan Assistance:

Fall Session:

Students who receive an OSAP or Government Loan assessment and successfully defer their Fall-Winter Session tuition fees must e-mail residence.innis@utoronto.ca no later than August 1st, 2019 if they wish to defer the August payment of $3,000.00. Deferral of this payment follows the same guidelines as tuition deferral.  Once deferred, the resident will be required to pay $6,000.00 by September 30th, 2019. All unpaid Fall Session fees will incur a service charge on October 15th, 2019.

Winter Session:

Students who successfully deferred their Fall Session fees will have the same Winter Session deadline as tuition.  The Winter Session residence payment of $3,391.00 must be made by January 31st, 2020. All unpaid Winter Session fees will incur a monthly service charge starting on February 15th, 2020. 

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Just the Numbers:

Deadline	Occupancy Fee	IRC Fee	TOTAL
Offer Letter	$600.00		$600.00
August 1, 2019	$3,000.00		$3,000.00
September 30, 2019	$3,000.00	$30.57	$3,030.57
November 30, 2019	$3,391.00	$30.57	$3,421.57
TOTAL	$9,991.00	$61.14	$10,052.14

 

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Payment Processing Time:

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.

Making payments to your ACORN student account:

With the exception of your $600.00 deposit, 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.

Cancelling Residence:

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:

Notice Date*	Vacating Date	Occupancy Fee
Before August 1, 2019	N/A	$600.00
August 1 – November 15, 2019	On or before December 21, 2019	$6,600.00
August 1 – November 15, 2019	After December 21, 2019	$9,991.00
After November 15, 2019	N/A	$9,991.00

 
*The “Notice Date” is the date upon which the request to cancel and/or withdraw is received by the Residence.

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