Financial Planning Calculator FAQs

What is the Financial Planning Calculator?

The Financial Planning Calculator is an online tool that will help you estimate what it will cost to attend the University of Toronto for one academic year. It will be coming to ACORN in the future, but at the moment it is a standalone publicly-available tool.

Who can use it? Anybody who wants to learn more about costs associated with attending U of T. This includes current U of T undergraduate, graduate and second-entry students, prospective students (high school and potential transfer students), parents, staff or guidance counsellors.

This is purely an exploratory planning tool for you to use; any information you enter will not be associated with you or your financial status at the University.

Learn how to use the Financial Planning Calculator.

Where do the expenses in the Financial Planning Calculator come from?

The Financial Planning Calculator is meant to provide a quick way to approximate what the upcoming academic year will cost, so many of the expenses used are educated estimates or averaged values. Costs for off-campus housing, groceries, entertainment and personal care are based on typical costs of living and eating healthy in Toronto, while tuition, on-campus housing, transportation and meal plan costs are calculated by drawing from more precise data provided by the University and current public transit prices.