Tuition and Scholarships

At a glance

Tuition fees
Scholarships and Bursaries (first-year)
Scholarships and Bursaries (upper-year)

Tuition

As with other professional programs, the tuition fees for the School of Accounting and Finance programs increase beyond first year.

Visit our online interactive budget tool to help you plan for your education.

Read more about the tuition fees attributed to your AFM program.

Scholarships and awards

Be sure to submit an application for Ontario Student Assistance Program (OSAP) and University of Waterloo's Entrance Bursary to ensure that you'll be considered for all School of Accounting and Finance (SAF) scholarships. 100% of SAF students recieve atleast 1 entrance scholarship

The full list of entrance scholarships for Faculty of Arts students and specific to the School of Accounting and Finance can be found on the University of Waterloo Entrance Awards Database.

The full list of upper year scholarships for Faculty of Arts students and specific to the School of Accounting and Finance can be found on the University of Waterloo Undergraduate Awards Database.

If you're not a resident of Ontario, please refer to the list of other provincial student loan programs to find information on student financial aid in your area.

RBC Royal Bank financing arrangement

The Royal Bank of Canada (RBC) is offering School of Accounting and Finance (SAF) students enrolled in one of the following programs:

Accounting and Financial Management (AFM), Math/CPA, Biotechnology/CPA
Master of Accounting (MAcc)
Master Taxation (MTax) and
PhD in Accounting

Some highlights of this credit line are:

	SAF rate	Typical rate
Credit line	Prime + 0.50%	Prime + 1%
Services charges	free for 1 year	free for 6 months
Repayment interest	Prime + 0.50%	Prime + 3.5%
Co-signer	Graduate level studies - No Undergraduate level studies - Yes	Yes

Although we cannot guaranteed the lowest rate, we can guarantee that the RBC Royal Bank at 70-74 King Street South, in Waterloo, knows about your program and will offer you outstanding customer service.

For MTax applicants

RBC will evaluate LoC applicants without a co-signor under the following scenarios:

if the student is enrolled as a part-time student and working full-time
if the student currently already possesses one professional designation, but will be pursuing another designation and have already registered with the governing body (Chartered Professional Accountants (CPA), Bachelor of Law (LLB), Doctor of Law (JD))
if the student is currently in the process of completing a professional designation
if the student plans to pursue a professional designation after completion of MTax and have already registered with the governing body of Chartered Professional Accountant (CPA) Ontario, Law Society of Upper Canada (LSUP), etc.

The above scenarios are not exclusive. RBC reserves the right to evaluate each applicant on an individual basis. It is the hope that RBC will be able to offer all MTax students the RBC LoC without the need for a co-signor.

Contact information for Financial Advisors for the RBC Line of Credit
Marrianne Kodric Financial Advisor Royal Bank of Canada 519-747-8577 248 King St., N. Waterloo, ON marrianne.kodric@rbc.com	Lloyd Bi Banking Advisor Royal Bank of Canada 519-747-8308 50 Westmount Rd. N. Waterloo, ON lloyd.bi@rbc.com	Jared Estrada Banking Advisor Royal Bank of Canada 519-747-8570 70-74 King St. S. Waterloo, ON jared.estrada@rbc.com	Scott Fingland Financial Advisor Royal Bank of Canada 519-747-5881 585 Weber St. N. Waterloo, ON Scott.fingland@rbc.com