Financial Package

M.A.Sc. and Ph.D. students who are in good academic standing and making satisfactory progress toward the completion of their degree receive a financial support package for a specified duration of their course of studies. The package consists of two components: (1) student fellowship, and (2) research fellowship. Students should consult the relevant link at the bottom of this page for the exact amount and duration of support.

Please note that students are responsible for paying their own fees as assessed by the University of Toronto and for monitoring the balance of their fees account. Students must make contributions from their student fellowship and research fellowship to their fees account throughout the year to ensure that fees are paid in full by the required date.

(1) Student Fellowship

The student fellowship component of the package may be provided by funds internal to the Department, such as the ECE Fellowship or Rogers Scholarship. However, the student fellowship component may also be provided by sources external to the Department or the University, such as the Vanier Canada Graduate Scholarship, the NSERC Postgraduate Scholarship, the Ontario Graduate Scholarship (OGS), or the QEII Graduate Scholarship in Science and Technology (QEII-GSST). Other external sources, such as the Commonwealth Scholarship, CONACYT, or foreign government awards, may provide the student fellowship component of the package, as well.

“Internal” student fellowship is paid over the year in two equal instalments: in September for the Fall Session, and January for the Winter Session. “External” student fellowship is typically paid over the year in three equal instalments: in September for the Fall Session, January for the Winter Session, and May for the Summer Session. For example, Rogers Scholarship (internal) with an annual value of $10,140.00, tenable over academic year 2020-21, will be payable in two instalments of $5,070.00 in September 2020 and January 2021. An NSERC CGS Master’s-level (external) with an annual value of $17,500.00, tenable over academic year 2020-21, will be payable in three instalments of $5,833.33 in September 2020, January 2021, and May 2021. Student fellowship is paid through ACORN.

The student will receive payment by direct deposit (where banking information has been entered on ACORN) or cheque for the full amount of the September instalment of student fellowship. However, in the event the student has unpaid fees, those fees will be automatically deducted from subsequent instalments of the student fellowship in January and May, even where a “Register Without Payment (Fee Deferral)” arrangement exists. For example, an OGS with an annual value of $15,000.00, tenable over academic year 2020-21, will be payable in three instalments of $5,000.00 in September 2020, January 2021, and May 2021. The first instalment will be refunded in full directly to the student in September 2020. Should the student owe fees of $7,000 as of January 2021, the January instalment will be applied directly and entirely toward fees. Should the student still owe fees of $2,000.00 as of May 2021, $2,000.00 from the May instalment will be applied directly toward fees, and the remaining $3,000.00 of the May instalment will be refunded to the student.

(2) Research Fellowship

Research fellowship is the component of the financial package payable by the supervisor directly to the student. Research fellowship is typically paid over the year in equal monthly instalments through HRIS (the Human Resources and Payroll system). Research fellowship is generally paid on the 28th day of the month.

Graduate students must submit a voided personal cheque to their supervisor’s administrative coordinator in order to receive research fellowship. The voided cheque must be submitted by the middle of the month to ensure that research fellowship is processed for the current month (that is, by September 15 to receive research fellowship on September 28).

Financial Package Amount & Duration