Skip to main content
University of St. Michael's College in the University of Toronto

SMC Residence: Fees

2007/2008 Rates | Withdrawal Policy | Fee Deferrals | Payment Information

2007/08 Rates
Type of Room 14 Meals 19 Meals
Double Room $8995 $9245
Single Room $9345 $9595
Sorbara Hall Single Room $9645 $9895

Room Assignments

At St Mike's, all our freshmen are assigned to double rooms. The only exceptions we make are for:

Incidental Fees

In addition to basic charges for room and board, residents also pay various incidental fees. All residents pay $22 for the St Michael's College Residence Council (SMRC), which organizes various sporting and social events within the residence. Students who are not registered academically at St. Michael's College (i.e. students in professional faculties, non-SMC graduate students, students from other colleges, etc.) pay, in addition to the SMRC fee, the following: St. Michael's College Student's Union fee (SMCSU, $12); the student newspaper fee ("The Mike", $3), and a fee for improvements to the College facilities (College Fee, $54). Registered academic students of St. Michael's College already pay these fees with their tuition.

For more detailed information on residence rates, see the SMC Residence Fees schedule.

Withdrawal Policy

Residents who withdraw by August 15 will forfeit $250 of their $500 deposit. Residents who withdraw from August 16 until September 3 will forfeit their entire $500 deposit. Residents who withdraw after September 3rd (for any reason) will be charged for: room and board for the number of weeks from September 3rd to the day of withdrawal, all incidental fees, the $500 deposit and a withdrawal penalty of $250 for each week the vacancy remains unoccupied up to a maximum of four weeks. No refunds will be given to residents who leave after February 15, 2008.

Fee Deferrals

The Fee Deferral Program is intended to assist those who are relying on financial assistance to help pay their residence fees, but who will not receive that assistance until after they move into residence. Generally, St. Michael's requires its residents to pay the following:

However, if you are relying on financial assistance which will not come into your possession until after this date, you may be eligible to defer a portion of your residence fees, provided you submit a Residence Fee Deferral Application Form with all supporting documentation to the USMC Controller not later than August 15th. Residence Fee Deferral Application Forms may be downloaded directly from the "Documents" section of our website, or requested from the Dean of Student's Office. Please note that incomplete forms or applications that do not include the necessary documents will be rejected.

To obtain a deferral of your residence fees, you will need to meet the following requirements:

  1. You must have received notification that you will be receiving a recognized source of financial assistance (e.g. a student loan, bursary, scholarship, fellowship, etc.);
  2. You must be able to provide official documentation, by August 15th, showing:
    • the amount of assistance you will receive, and
    • the date that this funding will come into your possession.

To meet this deadline, be sure to apply early for loans (especially OSAP). Unfortunately, due to the high number of students whose student loan applications are rejected, those who cannot provide official documentation by August 15th will be ineligible for the Fee Deferral Program. This means that if you are still interested in living in residence, you will have to make alternative financial arrangements in order to pay your first installment of fees by August 24th (e.g. through a family loan, a bank loan, etc.).

If you do have official documentation, it must show that the amount you will receive is sufficient to cover both:

If your expected funding is insufficient, we may still consider granting a deferral if you can show that you have guaranteed employment during the school year that will be sufficient to make up the difference. (An employer name and contact number must be provided).

If your fee deferral application is approved, you will be required to:

This service charge is applied on the 15th day of each month to the unpaid balance of the first installment, commencing November 15th, and to the unpaid balance of the second installment commencing January 15 2008, until the entire residence account is paid in full. These terms apply regardless of any unforeseen changes to your funding sources. Fee Deferral Application Forms may be downloaded directly from the 'Documents' section of our website, or requested from the Dean of Student's Office.

Fee Deferral Applications and all supporting documents should be returned to the USMC Controller as soon as possible, and not later than August 15th. Please note that incomplete forms or applications that do not include the necessary documents will be rejected.

Payment Information

Please note that the first installment is in addition to the $500 reservation deposit that you should have already paid.  Residents who have not paid their first installment by Labour Day will not be issued room keys. The second installment of your fees (i.e. the remaining balance) is due on January 15, 2008. Please make a note of this date on your calendar.

A service charge of 1.5% compounded monthly (19.56% per annum) will be levied on the 15th of every month to the unpaid balance of the first installment commencing November 15, 2007, and to the unpaid balance of the second installment commencing January 15, 2008 until the entire residence account is paid in full. These terms apply even if you have received a fee deferral and regardless of any unforeseen changes in your funding sources.

You can pay your residence fees 3 ways:

1. At your Bank:

For payment at a bank, you will need the U of T invoice that will be sent to your home address in early to mid August; this invoice will have both your tuition and residence fees listed on it.  Please note that your residence fees are maintained on ROSI in the same account as your tuition fees.   (see: www.fees.utoronto.ca for detailed bank payment instructions). Note: UofT sends only one invoice in August. Students are expected to monitor their account balance online (www.rosi.utoronto.ca).

2.  By Mail:

Payments by cheque or money order should be sent to:USMC Accounting Office, 81 St. Mary Street, Toronto, ON M5S 1J4

Please make all cheques payable to ‘USMC’ and be sure to write your name, student number and “residence fees” on the front to avoid any confusion.  If you would like confirmation that your cheque has been received, please contact the SMC Fees Clerk (not the Residence Office) at 416-926-1300 ext. 3234 or by email at emil.thas@utoronto.ca. 

3. In Person:

If you would like to pay in person, payments may be made at the Controller's Office at 81 St. Mary Street. Please be aware of our summer hours. Monday through Thursday we are open 9:30 AM - 3:00 PM year round; on Fridays from May 28th - August 10th, the office closes at 11:30 AM; on Fridays after August 10th, we are open until 3:00 PM. Payments in person can be made by cash, debit card, cheque or bank draft.

Note: