View & Understand Your Statement

Note regarding supplementary and associated course fees for Fall 2020 and Winter 2021 academic terms:

Some supplementary fees, where the associated programming or services have been impacted by the COVID-19 pandemic, have been reduced accordingly.

Undergraduate Athletics & Recreation (A&R) fees were previously reduced to 80% for the Fall 2020 and Winter 2021 terms. The fee has now been reassessed and reduced to 60% for the Fall 2020 and Winter 2021 terms.

Undergraduate students will be credited for the reduction in A&R fees for Fall (F) term and full-year (Y) courses on your October 2020 Statement, and for Winter (W) term A&R fees on your March 2021 statement.

Graduate student A&R fees have been reduced to 60% for the Winter 2021 term, and your student account statement will reflect this reduction.

Associated Course Fees have been waived for Fall 2020 ONLN (online) and BLEN (blended) courses. Individual Faculties may waive or reduce associated course fees for other courses as they deem appropriate.

Understanding your monthly statement

Some of the terms used in the Student Account Online Statement might be unfamiliar to you; below you will find a few of the more commonly used terms.

  • Previous Statement Date - this is the date your last statement was issued.
  • Previous Balance - this is the balance shown on your last statement.
  • Amount Due on Last Statement - this is the amount which had to be paid from the last statement to avoid interest charges.
  • Payments Received - this is a total of all payments made to your account since the last statement was issued.
  • Present Balance - this is the total outstanding balance. This amount may include charges for fees which are not due now (i.e. fees for courses which begin in the next term). Although some charges may not be due until later, you can always pay them earlier if you wish.
  • Minimum Payment Due This Month - this amount must be paid by the "Payment Due By" date to avoid interest charges. If the amount shown is zero, no payment is due on that date.
  • Payment Due By - payments are due by the 10th of the month following the statement date. If the full amount due is not paid by the due date, an interest charge will be added to the account.

What is included on your statement?

Statements are issued around the 18th of each month and include:

  • course/program enrolment fees
  • course drop refunds (as applicable)
  • residence fees, meal plan and telecommunication charges
  • payments made since the last statement was issued

Each statement calculates a minimum payment due that month and indicates the due date. If there are overdue amounts, an interest charge is also calculated at that time.

Any activity that takes place after a statement is generated will be reflected on the following month's statement. Therefore, if you drop a course after August 18, it will not be reflected on your August statement; it will appear on your September statement and will be part of your amount due on October 10.