Important Terminology Regarding Tuition Deposit and Fees
The following are definitions of terms Algonquin College uses in order to help you understand the language and policies regarding your Tuition Deposit and Fee payment requirements.
Academic Year: The Academic Year begins with the Fall term, followed by the Winter term and ends with the Spring term, running from September-August.
Initial Term: A student’s first term they attend a full-time program within an Academic Year. This Initial Term can be in the Fall, Winter or Spring term depending on when the student first attends a program in the Academic Year.
Subsequent Term: A student’s second or third term they attend the same program within an Academic Year. After attending their Initial Term, a student would be returning in the same program in a Subsequent Term. A Tuition Deposit is not required for a Subsequent Term when the student is attending the same program. Full fees for a Subsequent Term are due on the Fees Due Date and if they cannot pay the full fees, the student can complete a no-charge deferral on ACSIS.
| Initial Term | Subsequent Terms |
|---|---|
| Fall Term | Winter and/or Spring |
| Winter Term | Spring |
| Spring Term | No Subsequent Term (last term of Academic Year) |
Non-Refundable Tuition Deposit: $500.00 amount payable once per Academic Year in a student’s Initial Term which secures a seat in that program for that Academic Year. OSAP applicants are not required to pay the $500.00 non-refundable tuition deposit as they are eligible to defer this $500.00 deposit on their Algonquin College ACSIS account. This deposit is non-refundable and put towards a student’s total fees owing for their Initial Term. The Tuition Deposit is required for each new program in an Academic Year. If a student were to pay a Tuition Deposit for one program in the Fall term and then change programs for the Winter term, they are required to pay another $500.00 Tuition Deposit for the new program beginning in the Winter term.
Tuition Deposit Due Date: The payment due date for the $500.00 Tuition Deposit for non-OSAP students entering their Initial Term in an Academic Year. The ACSIS deferral due date for the $500.00 Tuition Deposit for OSAP students entering their Initial Term in an Academic Year. Please visit our Program Payment Due Dates web page for more information and a listing of due dates.
Tuition Deposit Due Dates for New Domestic Students
Tuition Deposit Due Dates for Returning Domestic Students
Balance Due Date: The date in a given term in which the full or remaining fees are to be paid by. This due date is typically three weeks after the start of the student’s program. Upon payment or deferral of the $500.00 Tuition Deposit, the remaining balance of fees will be deferred until three weeks after the start of that term. The remaining balance of the fees for that term is due by the Balance Due Date. If the fees are not paid by this date, the student could incur a Late Payment Penalty and their file will become encumbered. Please visit our Program Payment Due Dates web page for more information and a listing of due dates.
Fees Due Dates: The date that fees for a Subsequent Term are due. Full fees for a Subsequent Term are due by the Fees Due Date for most programs. If a student cannot pay the full fees for that Subsequent Term, the student (OSAP and non-OSAP) can complete a no-charge deferral on ACSIS and have their fees deferred until the Balance Due Date.
Fees Due Dates for Returning Domestic Students
Fees Due Dates for Returning International Students
Late Payment Penalty: A penalty of $150.00 will be assessed to the account of a student who does not pay their remaining fee balance by the Balance Due Date. A penalty of $150.00 will be assessed to the account of a student who does not pay their full fees or complete a no-charge fee deferral on their ACSIS account by the Fees Due Date. This $150.00 penalty will only be charged a maximum of once per term.
Part-time Refundable Tuition Deposit: $250.00 amount payable upon registration for a part-time student. This deposit is refundable and is put towards a student’s total fees owing for their part-time term. If the student were to increase their course load to become full-time, the student would be required to pay the $500.00 Non-Refundable Tuition Deposit payment for their Initial Term.