Residence fees are charged to your financial account in ACORN when your room has been assigned. Fees are charged per session (Fall, Winter, Summer), and must be paid in full by the deadlines indicated below.
Please note: All deposits must be paid in StarRez, but the remainder of your fees are charged in ACORN. Deposits paid in StarRez will appear as credits in your ACORN account. Once residence fees are charged, they will be applied against those charges. Until residence fees are charged, the deposit credits will be reflected in your overall account balance, so you must take this into account when calculating how much you actually owe for tuition and non-tuition charges.
You can make payments to your financial account in ACORN through a Canadian bank via a teller, bank machine or online banking. You will need your account and student numbers from your invoice. You can also make payments online via ACORN using VISA or Mastercard (a 2.50% convenience fee applies).
Further instructions on making a fee payment in ACORN are available on the University of Toronto's Student Accounts website.
Please keep in mind that program tuition fee charges and other non-tuition charges are posted to a student financial account in ACORN before residence fees are charged. Payments made to ACORN will be applied to the oldest charges per session first. You are not able to direct payment to specific items on your ACORN account. This may mean that any payments intended for residence fees may be applied to your program tuition fees first. Plan to make your payments well before the deadlines to avoid incurring service charges on your ACORN account.
Service charges: Outstanding balances on the ACORN financial account are charged on the 15th of every month at a monthly rate of 1.5% compounded (19.56% per annum) until paid in full.