Program Fees
The program fee is all-inclusive, covering tuition, books, all learning materials, coaching, as well as accommodation and most meals during the on-site sessions.
| Schedule | Due Date |
Domestic | International |
|---|---|---|---|
| Deposit | Upon Acceptance | $5,000* | $5,000* |
| 1st Installment | May 1, 2025 | $8,234 | $20,633 |
| 2nd Installment | Sept 1, 2025 | $13,234 | $25,633 |
| 3rd Installment | Jan 1, 2026 | $13,235 | $25,634 |
| Total | $39,703 | $76,900 |
Travel Costs
Please note that travel expenses are not included in the program fees. It is the responsibility of the students to arrange their own travel and ensure they meet all travel requirements.
All figures in CAD.
International students may be required to purchase the University Health Insurance Plan (UHIP) if they cannot provide evidence of equivalent coverage.
A person is classified as a domestic student if they have Canadian citizenship, landed immigrant status, permanent resident status or dual Canadian citizenship.
The program fees include the Student Assistance Levy of $33.33 per term.
Fees are subject to final approval from the Queen’s Board of Trustees.
*Non-refundable
Financing
Those accepted into the Master of Finance Program can now apply for OSAP. As stated on the OSAP website, OSAP is a needs-based program and provides eligible Ontario students with financial assistance to help pay for their tuition, books, mandatory fees, living costs and transportation. Please visit OSAP to determine your eligibility and to apply for an OSAP loan.
Smith School of Business has partnered with RBC to offer a student line of credit tailored to your needs. We recommend you reach out to one of the contacts below, as they are familiar with our program and your financing needs.
Alternatively, please contact the RBC Advice Centre at 1-800-769-2511 or visit your local RBC branch to speak to an advisor.
Canadian citizens and permanent residents of Canada only. Acceptance to the program does not guarantee or imply qualification for financing.
RBC Contacts
Suzanne Doherty
suzanne.doherty@rbc.com
1.613.544.5640
Afsheen Asif
afsheen.asif@rbc.com
1.613.545.5746
Gillian Reynard
gillian.reynard@rbc.com
1.613.389.4922
For international students only.
MPOWER Financing offers loans to international students. To learn more or to start an application go to the MPOWER Financing website.
Questions? mpower.me@mpowerfinancing.com
Prodigy Finance broadens access to education for international students through study loans that don't require co-signers, collateral, or a credit history. To learn more or to start an application, visit Prodigy Finance.
Note: Acceptance to a program does not guarantee or imply qualification for financing.
Participants who pay all or part of the program fees personally are eligible to claim a tuition tax credit on the tuition portion of the fees. For more information, ask a professional income tax advisor to give you an assessment of the impact of your tuition on your personal tax situation.
You and/or your spouse may be eligible to make tax-free withdrawals from your RRSP's to help fund your education. This program is considered full-time and is eligible for withdrawals under the LLP. Please contact your income tax advisor for details.
Scholarships
Smith offers a limited number of Dean’s Entrance Scholarships valued at up to $5,000 for applicants with a record of outstanding academic achievement. These scholarships are awarded at the time of acceptance into the program. It is not necessary to apply for a scholarship.
$10,000 scholarship awarded annually to 1 student entering the MFin program. Given to an equity-deserving Canadian candidate who self-identifies as Black and demonstrates academic excellence, community involvement, and proven leadership experience. To be eligible, candidates must have either Canadian citizenship or Canadian Permanent Residency status. This scholarship is merit-based and will be awarded on the basis of an applicant’s essay submission, as well as the overall strength of their application profile. Selection will be made by a Smith EDII Scholarship Committee.
Essay submission deadline is March 15th. Please contact our Recruitment & Admissions team for more information.
$10,000 scholarship awarded annually to 1 student entering the MFin program. Given to an equity-deserving candidate who is Indigenous-identified and demonstrates academic excellence, community involvement, and proven leadership experience. This scholarship is merit-based will be awarded on the basis of an applicant’s essay submission, as well as the overall strength of their application profile. Selection will be made by a Smith EDII Scholarship Committee.
Essay submission deadline is March 15th. Please contact our Recruitment & Admissions team for more information.