Submit Your Financial Planning Worksheet by July 8th

The Financial Planning Worksheet will help you figure out any shortfall that you may have, which will allow you to brainstorm other sources of funding that you can tap into.

A paper version was included in the Financing Your MBA document in your admission offer package. A fillable PDF is also available on RWorld in the Forms section.

Once you have completed your Financial Planning Worksheet, submit it to the Program Services Office. It will be reviewed, and you will be contacted if there are any questions regarding your funding and expenses.

Deadline to submit the form is Monday, July 8, 2019.

Using a PSLP Loan with BMO or RBC? Submit Your Declaration of Need Form by Aug 30th

The online Declaration of Need form is completed through the Pre-Program Portal under the “Submit Your Rotman Forms” Tab and serves the following purposes:

  • Indicates to the Rotman School that the Professional Student Loan Plan (PSLP) loan is required to pay fees.
  • Used by the Rotman School to confirm enrolment with the banks.
  • Provides permission for the Rotman School and the bank indicated to communicate and share information for the purposes of registration status
  • Unlocks loan so that you’re able to make your fees payment

The Declaration of Need is not required for pre-approval of the loan by the banks. Only a letter of offer of admission to the Rotman School is required. You can apply to the banks for a loan prior to submitting the Declaration of Need to the Rotman School.

The PSLP Terms and Conditions must be read and reviewed prior to submitting the Declaration of Need.

A confirmation email will be sent to your Rotman email address after you have successfully submitted your Declaration of Need.

Deadline for submission is Friday, August 30, 2019.

Get Your Finances in Order

Check out the following financing options, and submit an application to all the options for which you are eligible.

  1. Canadian government student loans for:
    1. Ontario residents – Canadian citizens and permanent residents who are also residents of Ontario can now submit OSAP applications for the 2018-19 academic year. The 2018-19 Ontario Student Assistance Program (OSAP) application is now available at https://www.ontario.ca/page/osap-ontario-student-assistance-program 
    2. Residents from other provinces – Canadian citizens and permanent residents who are residents of other provinces are also eligible to apply for government student financial assistance. Students from other provinces apply through their home province. For a list of each Provincial Loan Program please visit the University of Toronto’s Enrolment Services website at http://www.future.utoronto.ca/finances/financial-aid/osap-and-other-government-aid
  1. Loans for US citizens/permanent residents – American citizens or permanent residents who would like to apply for alternative/private US loans to fund their MBA program at Rotman can get more information at this University of Toronto website: http://www.future.utoronto.ca/finances/financial-aid/other-loans-and-student-lines-credit
  1. Professional Student Loan Plans – Both Canadian citizens/permanent residents and international students can apply for student lines of credit with the Bank of Montreal or the Royal Bank of Canada. Detailed information as well as the application process for PSLP loans can be found on RWorld, in the Financial Aid & Scholarships section.
  1. Check out this list of funding options by country.

To help you determine your expenses (tuition and living), and the funds you already have in place to cover these expenses, use the Financial Guarantee & Support Statement (FGSS) as your budgeting tool. It will help you figure out any shortfall that you may have, which will allow you to brainstorm other sources of funding that you can tap into.

A paper version of the FGSS was included in the Financing Your MBA document in your admission offer package. A fillable PDF is also available on RWorld in the Forms section.

Once you have completed your FGSS, submit it to the Program Services Office. It will be reviewed, and you will be contacted if there are any questions regarding your funding and expenses.

Deadline to submit the FGSS is Monday, July 9, 2018.

Call for Applications – The Chung Canadian Indigenous Award at Rotman

This award will be given to an in-coming or in-program Rotman Commerce  or Full-Time or Morning and Evening MBA student who is of Canadian Indigenous ancestry (First Nations Status, Non-Status Métis, Inuit) and will be selected on the basis of academic achievement and financial need. Preference given to students with financial need, demonstrated leadership or community involvement.

Applicants are required to submit a resume and 250 word essay regarding their community and leadership involvement.  Award recipients are approved by the Rotman School’s awards committee and will be selected in October of the academic year.

If you have any questions contact Patrick McEnroe, all applications must be sent via email to Patrick McEnroe directly.

Deadline: Monday, August 14, 2017 @1:00 PM EST