Budgeting to fund your education

The cost of your education depends on you: how many classes you take, if you drive a car or take the bus, if you share accommodation or rent your own place.

Consider your particular circumstances together with these cost estimates.

Important fee payment deadlines

It is very important to ensure that payment is received by the appropriate deadline. You're encouraged to pay online to ensure payment is processed promptly. Contact the appropriate office if you have any questions or need to discuss payment alternatives:

Fee Deadline
University of Victoria acceptance deposit May 1
Residence Services room acceptance See details
Residence Services first-term (in full) August 1
Last day for 100% reduction of tuition for first-term and full-year courses See details
Last day to pay first-term tuition and student fees without interest charges See details
Residence Services second-term acceptance (non-refundable) November 15
Last day for 50% reduction of tuition for first-term courses
100% of tuition will be charged for courses dropped after this date
See details
Residence Services second-term (in full) November 15
Last day for 100% reduction of tuition for second-term courses See details
Last day to pay second-term tuition without interest charges January 31
Last day for 50% reduction of tuition for second-term courses
100% of fees will be charged for courses dropped after this date
See details

Cost of living on or off campus

For information on paying residence fees, visit the Residence Services site.

Estimated room and board costs for 8 months:

Service Cost ($)
On-campus dormitory: single room (includes meal plan) 10,064
On-campus dormitory: double room (includes meal plan) 8,811
Off-campus (moderate standard of living according to Student Aid BC)* 12,376

*Average cost for a Canadian student living away from home pursuing a Bachelor of Arts program based on the Moderate Standard of Living Guidelines set by the Ministry of Advanced Education. Please visit Residence Services for exact costs. All fee information is current as of June 2017.

How will I pay?

There are many ways you can fund your education at UVic from your personal savings, to loans, and on-campus work. UVic offers a number of financial supports and can assist you in applying for government loans and grants.

Source How?

Your savings, your part-time earnings, your summer job.


Talk to anyone who may be helping finance your education: parents, other relatives, and significant others.

Student loans
  • Government: The federal government’s Canada Student Loan program is administered in conjunction with provincial and territorial governments. 

  • Banks: Unlike the government loans, banks charge interest while the student is in school.

More information


UVic has recognized excellence through the generous scholarship program

More information


UVic offers a generous bursary program for student in financial need.

More information

Work-study program

Eligible students may apply for UVic's work-study program which provides additional financial assistance through on-campus part-time employment opportunities - up to 340 hours per year - for students with documented financial need. 

More information

Looking for graduate student financial aid and funding? View graduate financial aid and funding on the Graduate Studies site.

Budgeting resources

Budgeting doesn't have to be difficult. In fact, it can help prevent financial anxiety as the term progresses.

Make sure your budget is flexible changes in your financial. It's important to save some money for emergencies or a rainy day. A budget is a simple way for you to organize and manage your money to ensure that it lasts for your entire academic year.

Tuition and student fees

The tuition fee estimator provides a preliminary estimate of tuition fees based upon:

  • What you select in the form
  • Full time enrollment
Actual tuition fees may vary and are subject to change. Tuition and fees schedule
View the ways you can pay your tuition fees.