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Regardless of the educational institution or course of study, post-secondary education is expensive. Students are advised to prepare a realistic budget reflecting their own situation, taking into consideration academic expenses, personal expenses, accommodation and transportation costs.

Please refer to the section Fees/Financial Information for complete details on University fees. Fees are subject to change each year.

Academic Expenses: Books, paper, pens, calculators, drawing equipment, binders, project materials, typing, cameras, dance shoes, etc., are all considered academic expenses. The requirements vary widely depending on the program. New students should speak to senior students and academic advisors, for guidelines before making any purchases. Book lists are available during the first week of classes. Do not make any purchases before seeing each professor or academic advisor unless specifically directed otherwise.

The following represents some expenditures that students will also need to consider.

  • Transportation
  • Pocket Money
  • Entertainment
  • Clothing
  • Living Away From Home (Rent, Food)

Ryerson provides many resources to help students plan for these added expenses, including:

There are many awards available to both new and returning Ryerson University students. Some awards are automatically granted while others require an application. 

Current Student Awards

The University greatly appreciates the federal and provincial governments, foundations, industrial and business firms, technical and professional associations and individuals for their contributions to the bursaries, scholarships and other awards received by students attending Ryerson.

Bursaries solely offer assistance to students with financial need. They are offered through the University, faculties, academic programs, and non-academic departments.

For more information on bursaries, please visit Ryerson’s Student Financial Assistance website.

Scholarships are awarded on the basis of academic excellence. With some exceptions, students need not apply for scholarships, as these awards are generally granted to the recipients on the basis of their performance during the previous year.

Awards are conferred on the basis of various criteria and typically require a nomination on behalf of the student or an application submitted by the student.

Additional details regarding awards and scholarships are published annually on Ryerson’s Awards and Scholarships website.
 

Entrance Scholarships

Ryerson is pleased to recognize the academic achievements of the first-year class upon admission to the University with more than $4-million designated for scholarship support.

All Ryerson Entrance Scholarships and Renewed Scholarships are deposited directly into students' tuition fees which can be viewed on their RAMSS (my.ryerson.ca) account.

For detailed information and eligibility criteria, or to print a copy of an application, please visit Ryerson's Entrance Scholarships and Awards website.

 

Ontario Student Assistance Program (OSAP)

The Ontario Student Assistance Program (OSAP) provides financial aid to students enrolled in postsecondary studies.

OSAP is intended to supplement a student’s financial resources and contributions toward their education. OSAP provides financial aid to eligible Ontario students to help pay for educational-related costs such as:

  • tuition
  • books
  • compulsory fees
  • transportation and
  • associated living costs

It is important to remember that once you have received a federal and/or provincial student loan, it is your responsibility to understand and respect the terms and conditions of your loan agreement.


A full-time student is defined as a student enrolled in a minimum of 3 units per semester (60 percent or more of a full course load each term; minimum of 2 billing units for students with a permanent disability). Refer to the Tuition, Fees and Policies section of this calendar for information on units of study and associated fee charges. Students are encouraged to review their units of study each semester and ensure they contact their Department/School to discuss course load issues.


Detailed information on eligibility, application forms and deadlines are available on the OSAP website and the Student Finanical Assistance Office website. If you would like to speak to a financial aid advisor, please visit the ServiceHub.

Students from other Provinces or the U.S.A.

Out-Of-Province: If you have residency from another province in Canada (outside Ontario), please visit the Provincial and Territorial student financial assistance offices website.

U.S.A. citizens/permanent residents:  US citizens and permanent residents interested in applying for federal student aid should visit the Student Financial Assistance website for information.

International Students

The International Student Support webpage lists a number of financial assistance and scholarship programs available for international students.