Information regarding Fee Schedule and the Refund Policy for 2018 - 2019 school year.

Information regarding Fee Schedule and the Refund Policy for 2019 - 2020 school year.

Application Fee:

We encourage all students to submit applications through our online portal and pay the application fee with credit card.

For countries where credit card option is not available, application fee should be made payable to the Toronto District School Board in Canadian currency by Bank Draft, Money Order or Certified Cheque.

Using the below details for wire transfer will result in payment delays of 2-4 weeks due to accounting compliance verifications.

1. Please use the below bank information if wire transfer is preferred
2. Prepare the wire transfer amount of $290 CAD ($250.00 Application Fee & $40 wire transfer charge)
3. Once wire transfer has been completed by the local bank, complete the wire transfer reference form and send to studytoronto@tdsb.on.ca

Tuition Fee:

Option 1: Bank Draft

Please make the bank draft payable to Toronto District School Board and mail or bring it in person to our office along with the conditional letter.

Option 2: Wire Transfer (CIBC International Student Pay)

All students are required to make the tuition payment via the CIBC International Student Pay portal. $40.00 CAD bank service charge is added to the total automatically if student chooses this option.

As an international student studying at Toronto District School Board, making tuition payments is faster and easier than ever before.

With the CIBC International Student Pay secure online portal, you can now make arrangements to pay your student fees in your preferred currency¹ from anywhere in the world at any time.

1. LOG IN
   Access the CIBC International Student Pay secure web portal by clicking here (https://isp.cibc.com/ITPP/TDS/#/tdsbLogin).


2. PROVIDE PAYMENT DETAILS
   Once you enter the CIBC International Student Pay platform, simply enter the tuition amount in Canadian dollars, then identify your preferred country. You’ll be shown the amount required in your preferred currency¹ to pay your student fees in Canadian dollars based on the competitive FX rate CIBC is providing Toronto District School Board. This quoted exchange rate is locked-in for 72 hours² – this means no currency fluctuations during that period as you finalize your transaction.


3. ENTER PAYER DETAILS
   Enter a few payer details – whether it is you, your parents or an agent acting on your behalf. Carefully review the Terms & Conditions provided by CIBC, and when ready, click “Accept” and “Submit”.


4. INITIATE TRANSFER
   Print the payment instructions and reference code and deliver to your local bank within 72 hours². Your bank simply follows the instructions and sends the funds to Toronto District School Board.

Enhanced Student Experience

Once you enter the CIBC International Student Pay platform, simply follow the prompts to make a payment in your preferred currency¹ — whether it is you, your parents or an agent acting on your behalf.

Access to Live Foreign Exchange Rates

With CIBC International Student Pay you’ll have access to the competitive foreign exchange rates CIBC is providing to Toronto District School Board. CIBC is a leading global financial institution and an established dealer specializing in foreign exchange for over 100 years.

End-to-End Communication

You’ll receive detailed instructions and a reference code to deliver to your local bank within 72 hours². Your bank simply follows the instructions and sends the funds to your school. You’ll also receive status updates and email reminders until your payment is complete, and you can check the status of your payment online at any time.

You will receive a confirmation email when Toronto District School Board receives your payment.

¹ CIBC International Student Pay provides access to all developed market currencies and select growth market currencies. ² The foreign exchange quote in your preferred currency will remain valid for 72 hours (excluding weekends and Canadian statutory holidays). Should you not proceed with the transaction within this 72 hour period the quote will expire. During this 72 hour period (excluding weekends and Canadian statutory holidays), you will not be able to access CIBC International Student Pay to obtain further quotes.

CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Foreign exchange services are offered by Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and OTC derivatives. Other products and services, such as exchange-traded equity and equity options, fixed income securities, are offered through directly or indirectly held subsidiaries of CIBC. CIBC provides payment and foreign exchange solutions to, among others, colleges, universities, education providers and other similar institutions in Canada, including facilitating payment from you to Toronto District School Board. In accepting payments for Toronto District School Board, CIBC acts as a service provider to Toronto District School Board —– not as a service provider to you. In the event you decide to send a payment to an account owned and / or operated by CIBC for transmission to Toronto District School Board, you irrevocably agree that CIBC may accept and act upon the sole instructions of Toronto District School Board with respect to such payment. You are not required to use the Online Platform to pay tuition fees to Toronto District School Board. You are at all times entitled to source Canadian dollars from alternate financial institutions, including your local financial institution. CIBC derives income from the difference (the spread) between the prices at which we buy and sell foreign currency. CIBC’s spreads may differ from time and can change (without prior notice). This spread is reflected in the quote CIBC provides to Toronto District School Board. CIBC may offer Toronto District School Board rebates in connection with the solutions provided, which rebates may not be passed along to you.