Financial Aid Options

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York University recognizes the financial impact that the current labour disruption may have on students. To mitigate this impact, York is offering two financial remediation options to affected students:

  1. an undergraduate Tuition Credit Opportunity (TCO) to assist with future tuition costs, and
  2. an undergraduate Bursary to assist with non-tuition costs.

Additionally, York is working with the Ministry of Advanced Education and Skills Development (MAESD) to potentially increase OSAP support for students affected by suspended Fall/Winter 2017-18 courses during the labour disruption. OSAP updates will be provided on this page when new information becomes available.

If you have questions about any of the financial remediation options below, please contact Registrarial Services.

Tuition Credit Opportunity

The Tuition Credit Opportunity (TCO) provides domestic and international undergraduate students who dropped their courses on or after March 5, 2018 as a result of the labour disruption, with a tuition credit for use in a future academic session. The tuition credit will cover the cost of course enrolment during the Summer 2018 and/or Fall/Winter 2018-19 sessions. This provides students with the flexibility to either retake the dropped courses or enrol in different courses (with the same credit equivalency/degree program) without paying additional tuition.

The TCO application will be available on Monday, April 30, 2018

Deadline to apply for the TCO: December 31, 2018

TCO Eligibility Criteria

If you satisfy all of the below conditions, you are eligible for the TCO:

  • You must have been enrolled as an undergraduate student in undergraduate level Fall/Winter 2017-2018 (Y) and/or Winter 2018 (W) term course(s).
  • You must have dropped your Fall/Winter 2017-2018 (Y) or Winter 2018 (W) course(s) on or after March 5, 2018 (the start of the labour disruption) and on or before December 31, 2018 (the revised Senate date to drop a Fall/Winter 2017-18 course without academic penalty). 
  • Your student account must be in good financial standing at the time of TCO application (see the “What is Good Financial Standing” below). 
  • You must submit your TCO application by December 31, 2018 (see “How do I access the Tuition Credit Opportunity” below).

What courses must I have dropped to apply for the TCO?

The tuition credit applies to Fall/Winter 2017-2018 (Y) and Winter 2018 (W) undergraduate courses dropped on or after March 5, 2018 and before the extended Senate deadline of December 31, 2018.  Note: March 5, 2018 was the start of the labour disruption; and December 31, 2018 is the revised Senate deadline to withdraw from a course without academic penalty. 

Courses dropped in the Fall 2017 (F) session are unrelated to the labour disruption and are therefore excluded from TCO consideration.

What is Good Financial Standing?

Your student account is determined to be in good financial standing if your amount due relating Fall/Winter 2017-2018 charges is less than or equal to $75. 

Payment for Fall/Winter 2017-2018 (Y) and Winter 2018 (W) undergraduate courses was due on January 10, 2018.  Therefore, if you have dropped courses as a result of the labour disruption, and your student account balance was less than $75 prior to the start of the March 5, 2018 labour disruption, you were considered to be in good financial standing at the time the labour disruption commenced.  Accordingly, you are eligible for the TCO now.

If you are carrying a student account balance greater than $75 as of March 5, 2018, regular rules apply, and you are not able to enrol in future courses until your student account balance is less than or equal to $75.  Therefore, if you find yourself in this circumstance, and you wish to access the TCO, you must ensure that your student account is in good financial standing when you submit your TCO application

How do I apply for the Tuition Credit Opportunity?

After successfully dropping course(s), either through:

  • the Registration and Enrolment Module (REM) (before April 7, 2018), or
  • through the Course Drop Request form (after April 7, 2018),

students will be contacted by Student Financial Services via email with further instructions.  Students that have been assessed to be in good financial standing will then be provided with a TCO application (attestation) form.

Please note that you only need to complete the TCO form one time, and it will be applied to all courses you drop that are eligible for the TCO. You do not need to complete the form for each course.

If you have questions regarding the TCO, please contact Registrarial Services.

What is the deadline to apply for the Tuition Credit Opportunity?

December 31, 2018. 

Where can I review the status of my Tuition Credit Opportunity?

Once your TCO application has been submitted and your file has been reviewed for successfully meeting the TCO eligibility criteria, you will receive an email notification confirming that the TCO has been applied to your student account. Please allow for four weeks from the date of TCO application submission for processing.

Will the TCO impact my OSAP eligibility regarding academic progress restrictions or overpayment restrictions in the 2017-18 study period?

No.  York University has worked with the Ministry of Advanced Educational and Skills Development to ensure that the TCO will not impact your OSAP eligibility in regards to academic progress or overpayment restrictions.

When can I use my Tuition Credit?

The tuition credit is non-refundable and must be used for enrolment in the Summer 2018 and/or the Fall/Winter 2018-19 sessions.  Any unused tuition credit remaining on your student account will be reversed at the end of the Winter 2019 term. 

There is a difference in cost between my Fall/Winter 2017-2018 and Winter 2018 courses and Summer 2018 and/or Fall/Winter 2018-2019 courses. Am I responsible for paying the difference, or will it be covered by the TCO?

The TCO will be adjusted to reflect Summer 2018 and Fall/Winter 2018-2019 tuition rates within the same degree program.

Does the TCO cover referenda and ancillary fees?

No, the TCO only covers tuition.  Referenda and central ancillary fees are excluded from the TCO.

Is the TCO being offered to non-degree and visiting students?

Yes, the TCO is available to non-degree and visiting students. However, these students will need to request the TCO by submitting a financial petition. Non-degree and visiting students are not eligible to submit the TCO Request form.

How will the TCO impact my OSAP application if I have reduced tuition costs for Summer 2018 and/or Fall/Winter 2018-2019 courses?

If you are assessed to receive the TCO, your tuition costs for the Summer 2018 and/or Fall/Winter 2018-2019 sessions will be reduced.  York will automatically reflect your actual tuition charged (after the TCO credit is applied) as part of your Summer 2018 and/or Fall/Winter 2018-2019 OSAP application(s).  Accordingly, your OSAP funding will be assessed based on your actual fee charged (net of the tuition credit).

Once I use my TCO for Summer 2018 and/or Fall/Winter 2018-19 course enrolment, what happens if I drop a course that was partially paid for with the TCO?

The TCO is non-refundable. In this scenario, you would receive a refund for the portion of the Summer 2018 and/or Fall/Winter 2018-19 course tuition not paid by the TCO, provided that you drop your course before the deadline outlined in the Summer 2018 and/or Fall/Winter 2018-19 course drop refund table.

If I am approved for the TCO, will I still receive a T2202A form?

Yes, you will still receive a T2202A for allowable tuition costs paid during the taxation year.

Who do I contact if I have questions about the Tuition Credit Opportunity?

If you have any questions about the TCO, contact Registrarial Services.

Additional Bursary Support

What is the additional bursary support?

York University is providing additional bursary support (up to $1,500) for domestic and international undergraduate students financially affected by the labour disruption.  The bursary will provide financial support to students who have incurred extenuating, non-tuition related costs as a result of the disruption, including students who have had to make changes to their travel arrangements after March 5, 2018.  

Am I eligible for the additional bursary support?

To be eligible for additional bursary support, you must complete the Student Financial Profile and submit the Additional Financial Assistance Request form including supporting documentation.  

Additionally, if you are an international student, you must hold a valid Study Permit and be in good academic standing.

How and when do I apply for additional bursary support?

To receive additional bursary support, you are required to complete the Student Financial Profile and submit the Additional Financial Assistance Request form, complete with supporting documentation that supports the nature and extent of the financial hardship incurred. 

Supporting documentation is mandatory (e.g. a rent receipt for lease extension period, proof of costs to change travel plans, child care costs for extension period, etc.).  Applications submitted without supporting documentation will not be approved.  

The online bursary application form will be available beginning Monday, April 23, 2018

The Additional Financial Assistance Request form includes:

  1. Instructions page: application instructions and eligibility criteria.
  2. Financial Questions page: questions to determine whether you have completed the Fall/Winter 2017-2018 Student Financial Profile; whether you are an OSAP recipient for the Fall/Winter 2017-2018 session; and if your courses have been suspended.
  3. Personal statement and supporting documentation page: personal statement of no more than 2000 words explaining the extenuating financial situation you have experienced as a result of the labour disruption. You must include supporting documentation outlining the nature and extent of your financial hardship.  If you are an international student, you also must provide your valid study permit in PDF format.

What supporting documentation is acceptable to support the nature and extent of my financial hardship experienced?

As part of the Additional Financial Assistance Request form, you will need to submit relevant and sufficient supporting documentation that supports the nature and extent of the financial hardship incurred as a result of the labour disruption.  Some examples of acceptable supporting documentation include:

  • your lease agreement
  • rent receipts
  • proof of costs incurred to change original travel plans if booked prior to March 5, 2018
  • child care receipts/invoices

How will I receive additional bursary support if I am approved?

If your application is approved for additional bursary support a refund will be issued automatically.  In order to receive your funds faster, and directly into your financial institution banking account, you should register for electronic funds transfer.

How can I check the status of my application for additional bursary support?

You will receive an e-mail from York confirming receipt of your application.  Please allow for four weeks from the date of submission for processing.

OSAP

Will my OSAP be affected by the labour disruption?

York University has worked with the Ministry of Advanced Education and Skills Development (MAESD) to ensure the following for York students in receipt of Ontario Student Assistance Program (OSAP) assistance:

  • Students who withdraw from full-time studies will not face OSAP academic progress penalties as a result of their withdrawal after March 5, 2018.*
  • Students who make changes to their course load or withdraw as a result of the labour disruption will not face overpayments restrictions or grant to loan conversions.*

*Please note academic progress penalties, overpayments and grant to loan conversion may apply to your OSAP file if your withdrawal occurred prior to the labour disruption; and if similarly, you had existing academic progress concerns prior to the labour disruption.

For students whose 2017-18 full-year (Y) and winter (W) courses are extended as a result of the labour disruption, MAESD is not currently able to confirm whether additional OSAP financial support for the study period extension will be provided.  MAESD updates will be released once the Winter 2018 study period end date is determined.

Will my OSAP funding be affected by the TCO?

If you are approved for the TCO you will not face any OSAP consequences for the Fall/Winter 2017-18 study period.

I want to register for summer courses. Can I also apply for OSAP?

Yes. York University is accepting and reviewing summer OSAP applications. If you are planning to register in Summer courses and need to apply for financial support, complete the summer OSAP application to receive your Summer OSAP funding as soon as possible.

For courses with delayed Summer 2018 study period start dates, please note that York is currently working with the Ministry of Advanced Education and Skills Development to expedite the release of your OSAP Summer funding through your Summer Confirmation of Enrolment. You can expect your Summer OSAP application to be processed (and Summer funding to be released) up to three to four weeks after the start of the Summer session.

For information about eligibility and the processing of the summer OSAP application, visit the OSAP website.