Fees & Funding
Fees & Funding Policy
The University of Toronto requires that all new and continuing doctoral stream students receive an annual student stipend. A “stipend” refers to the funds a student receives during the program funding commitment period. Doctoral stream students include IMS MSc and PhD students. It does not include IMS students completing a professional degree (MHSc Translational Research or MSc Biomedical Communications).
The annual stipend for all new and continuing students in the MSc program is $18,635 living allowance plus tuition and incidental fees annually, guaranteed for the first 2 years of the MSc program.
The annual stipend for all new and continuing students in the PhD program is $20,706 living allowance plus tuition and incidental fees annually, guaranteed for the first 5 years of their program and 6 years for the PhD Direct Entry program.
Please consult the STUDENT FUNDING POLICY 2018-2019 for further details.
The minimum annual stipend for new INTERNATIONAL students in the MSc program is $18,635 living allowance plus tuition and incidental fees. The minimum annual stipend for new international students in the PhD program is $20,706 living allowance plus tuition and incidental fees.
Applicants may be eligible for an entrance award in their first year – some conditions apply.
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MAJOR AWARDS AND YOUR STIPEND
The stipend for students who receive over $15,000 as a major, competitive, external award, is set at $4,000 above the regular stipend level. In such cases, the student will be paid the amount of his/her award plus the difference between his/her award and the total stipend plus a $4,000 merit bonus. However, if the value of the award is greater than the value of the total stipend plus $4,000, the student then becomes ineligible for the merit bonus. It is the responsibility of the supervisor to provide the merit bonus.
Top-up Practices for Award Recipients.
All awards that require student applications (except internal awards) are eligible for a top-up from the supervisor.
The top-up amount are as follows:
$0.00 to $2,000 – there will be no top-up but the student gets to keep the award(s) up to a combined maximum of $2,000. The amount of the award will not be deducted from the base funding.
Between $2,001 to $15, 000 (cumulative awards) – the award goes towards the base funding and the student receives a $2,000 top-up over the base funding.
Over $15,000 – the award goes towards the base funding and student received a $4,000 top-up over the base funding.
Your application for admission will be enhanced if you have peer-reviewed external funding (i.e. CIHR Doctoral Award, NSERC Studentship, Ontario Graduate Scholarship) at the outset of your degree program. Most funding agency deadlines are at least 9 months before the start date of the award, and applications require original transcripts and letters of recommendation. Most available Canadian sources of funding give preference to persons with Canadian citizenship or landed immigrant status.
The IMS regularly informs registered students of funding opportunities as they arise. Visit the Awards Section on our website to view current award competitions.