First-year tuition and financial aid

Two Waterloo students sitting in hallway, talking

No question, university is a big investment. The money that you – and possibly your family members – contribute is the foundation for your financial plan, but you may need more to cover all of your university costs.

Budget calculator

Estimate your first-year costs (including residence, meal plans, or living off campus) and resources using our student budget calculator.

Financial aid

Learn about scholarships, bursaries as well as government assistance such as OSAP.

 

First-year tuition and fees

Fees for Canadian citizens and Permanent Residents

Faculty or program
(Not sure which faculty offers your program of interest? View programs listed by faculty.)
Approximate tuition and incidentals Books, supplies
Faculties of Applied Health Sciences, Arts, Environment, and Science $7,700 $2,290
Faculty of Engineering, Software Engineering $17,100 $2,290
Faculty of Mathematics $9,300 $2,290
Accounting and Financial Management* $7,700 $2,290
Architecture $10,900 $4,100
Biotechnology/Chartered Professional Accountancy $7,900 $2,290
Business Administration (Laurier) and Mathematics (Waterloo) Double Degree $11,700 $2,290
Computer Science, Business Administration (Laurier) and Computer Science (Waterloo) Double Degree $15,900 $2,290
Computing and Financial Management* $9,300 $2,290
Global Business and Digital Arts $12,900 $2,290
Mathematics/Chartered Professional Accountancy $7,900 $2,290
Mathematics/Financial Analysis and Risk Management $12,700 $2,290

Fees are for two terms/eight months of school, based on September 2020 and a full course load (5 courses per term). Fees for September 2021 will be available in July 2021 and will likely be higher. You pay fees one school term at a time (not the entire year at once).
Co-op students pay a fee of $734 per term to cover some costs of the co-op program. If you're in a co-op program, you don't pay tuition during your co-op work terms.
*For accounting and finance programs, tuition is significantly higher in your upper years.
For the two aviation programs, professional pilot training is estimated to be an additional $77,000 over three calendar years.

Fees for international students

Faculty or program
(Not sure which faculty offers your program of interest? View programs listed by faculty.)
Approximate tuition and incidentals Books, supplies
Faculties of Applied Health Sciences and Arts $40,900 $2,290
Faculty of Engineering, Software Engineering $61,300 $2,290
Faculty of Environment $41,100 $2,290
Faculty of Mathematics $45,500 $2,290
Faculty of Science $42,700 $2,290
Accounting and Financial Management* $40,900 $2,290
Architecture $59,700 $4,100
Biotechnology/Chartered Professional Accountancy $42,900 $2,290
Business Administration (Laurier) and Mathematics (Waterloo) Double Degree $45,500 $2,290
Computer Science, Business Administration (Laurier) and Computer Science (Waterloo) Double Degree $61,300 $2,290
Computing and Financial Management* $45,700 $2,290
Global Business and Digital Arts $45,100 $2,290
Mathematics/Chartered Professional Accountancy $44,100 $2,290
Mathematics/Financial Analysis and Risk Management $45,500 $2,290
Fees are for two terms/eight months of school, based on September 2020 and a full course load (5 courses per term). Fees for September 2021 will be available in July and will likely be higher. You pay fees one school term at a time (not the entire year at once).
Co-op students pay a fee of $734 per term to cover some costs of the co-op program. If you're in a co-op program, you don't pay tuition during your co-op work terms.
*For accounting and finance programs, tuition is significantly higher in your upper years.
For the two aviation programs, professional pilot training is estimated to be an additional $77,000 over 3 calendar years.
All figures are in Canadian dollars. Convert Canadian dollars to INR (Indian rupees), USD, CNY (Yuan Renminbi), AED (UAE Dirham), PKR (Pakistani rupee), and more.

Earn money and experience through co-op

Through Waterloo's co-op program, students make an average of $14,700 per four-month work term which can help pay for school. 

Other ways to pay for your education

Scholarships, bursaries, student loans, and part-time jobs are just some of the ways to help pay for university.

 

Discover our ultimate guide to financing your university education.