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Fees

Living in residence is an investment in your academic success.


Traditional

 

Traditional-style dorm residences require a meal plan per term in residence. Fees are in effect for Fall 2017, Winter 2018 and Spring 2018 contracts.

 

Suite

 

Suite-style apartment residences have optional meal plans as cooking facilities are provided. Fees are in effect for Fall 2017, Winter 2018 and Spring 2018 contracts.

Operating budget

Not-for-profit housing

Waterloo Residences is a non-profit unit at the University of Waterloo.

We aim for transparency about where our money comes from, where the money goes (services, initiatives, repairs), and proposed future fees:

» 2016/17 operating budget
» 2015/16 operating budget
» 2014/15 operating budget

Your total cost

To calculate the total cost of residence, add together the full year (or term) fee of your assigned residence, plus the full year fee of the meal plan selected (if applicable).

  • Traditional-style dorm residences require purchase of a meal plan per term in residence.

  • Suite-style apartment residences have optional meal plans as cooking facilities are provided.

  • All fees are to be paid at the beginning of each term.


Income tax information

Residence fees cannot be claimed as rent for income tax purposes. Under the Income Tax Act, universities are exempt from paying municipal property taxes. 

The Ontario Income Tax Act stipulates that all students living in designated university (tax-exempted) student residences are limited to an Ontario Energy and Property Tax Credit claim based on an occupancy cost of $25 for the time they resided in the student residence. Therefore, the amount that can be claimed for income tax purposes is $25 and not the full amount of residence fees paid. On Line 6114 (Student Residences) of your income tax return, tick the box to claim $25 as your occupancy cost for the part of the year you lived in residence. 

We do not issue a tax receipt for residence fees or meal plan payments.

For more information and to view the list of designated student residences, please visit the Ontario Ministry of Finance website and review the “Frequently Asked Questions” section.