Finances

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Managing your money is an essential part of student life and incoming students should be prepared to meet the majority of the financial need for the MM program prior to it’s start.

Financial Questions - Who to Contact

Any financial questions about student loans, funding or tuition fees can be directed to UBC Enrolment Services:

Office Hours
Vary from Monday-Friday - please refer to the webpage for up-to-date hours.

In-Person
They are located on the main floor of Brock Hall and you can reserve a time with a Erolment Services Advisor (ESA) in the virtual line.

Phone/Email
Phone: (604) 822-9836
Email: es.gradsupport@ubc.ca 

Remember to include your full name, student number and program name (Master of Management) in your email.

  • NOTE: Enrolment Services generally respond within 3-5 business days.

COVID-19 Support

If you are in financial distress due to COVID-19 related impact, please reach out to Enrollment Services Advisors Cheryl Celenk cheryl.celenk@ubc.ca or Willie Moss willie.moss@ubc.ca. They may be able to help you defer tuition installment payments or lift late fees/interest payments.

Additional information:

  • At this time, there have been no changes to the due dates or payment schedules for upcoming tuition and fees.
  • UBC Enrolment Services reached out to TransLink regarding U-pass fees for students but are still waiting to hear back and will update students when we have more information.

Other Resources:

MM Program Deposits

The $1,000 deposit you paid to accept your offer to the UBC MM program will be credited toward your first tuition installment (September 2019). This amount will be transferred to your tuition account mid- to late-August.

Tuition Payments & Fees

Tuition fees will show on your account once registration has been completed in mid-June by the RHL Graduate School.


VIEWING YOUR TUITION FEES

You can see a breakdown of your tuition and student fees on the Student Service Centre (SSC) - once you're logged in just click on the Student tab, then Financial, then SFM Account.


PAYMENT INSTALLMENTS

The first tuition installment is due by no later than Wednesday, September 4, 2019. You can pay tuition before this date, but must submit it by this deadline.

Your tuition will be divided into three equal installments which are due:

  • September 4, 2019*
  • January 8, 2020*
  • May 13, 2020*

*Dates subject to change

Visit the UBC tuition web site to learn about allowable methods of payment.

International Students with questions about paying tuition to help secure their study permit should contact an advisor at UBC International Student Development for guidance.

NOTES:

  • All of your tuition payments must be done through the Student Service Centre (SSC)not the web site where you paid your initial $1,000 deposit. You can log into the SSC using your CWL Username and password.
  • Credit Card Payments: Due to UBC policy, only your initial $1,000 tuition deposit may be made by credit card. Subsequent tuition payments may not be made by credit card.
  • All students are responsible for keeping up-to-date in paying tuition and student fees until the completion of their program.

STUDENT LEVIED FEES

In addition to tuition, there will also be student-levied fees charged by UBC which will be included in each installment. The exact amount of tuition and student-levied fees as well as the payment deadline will appear on your record on the SSC prior to each month that tuition is due.

MM specific student levied fees

There are two specific fees for the MM program that will be due in their entirety with the first MM tuition installment in September:

  1. MM Society fee
  2. Sauder Buliding fee: All Sauder students pay the UBC Sauder School of Business Building Fee. This is a student levied fee passed through student referendum to help finance the new building.

To view a breakdown of tuition and student levied fees, check the itemized list attached to each installment on the SSC.

Scholarships & Bursaries

SCHOLARSHIPS

The MM program usually only has Entrance Scholarships available to students. If you were awarded an Entrance Scholarship you would have been notified in your letter of acceptance to the MM program.

NOTE: Entrance Scholarships will be applied to your account and appear on the SSC in mid- to late-August.

Most scholarship money will be automatically credited to your student account soon after the due date. As the system knows of any pending awards, you will not be penalized if your fees have not been paid by the due date. However, if your award amount is less than the total amount owed, you must pay the difference by the fee deadline to avoid late charges.

Students are encouraged to check their financial record on the Student Service Centre (SSC) for confirmation of scholarship installment amounts and dates. Normally, awards are paid out using the following payment schedule:

  • Under $1,000 - paid out entirely in one term
  • $1,000 - $5,999 - divided equally and paid out in two terms
  • over $6,000 - paid out over the three terms of the year (34% in September, 33% January, and 33% in May).

MacKenzie King Memorial Scholarship

The Open Scholarship is available to graduates of Canadian universities who pursue graduate study in any discipline, in Canada or elsewhere. One Open Scholarship is awarded each year.

The Traveling Scholarship is available to graduates of Canadian universities who pursue graduate study in the United States or the United Kingdom in the areas of international relations or industrial relations (including the international or industrial relations aspects of law, history, politics and economics).


BURSARIES

If you find yourself in financial distress and unable to meet tuition/living costs during the program, UBC Enrolment Services has a bursary program in place for students with Canadian citizenship, permanent resident status, or refugee status.

Eligibility for bursaries will not guarantee that the full amount of unmet need is covered. Funding awarded will depend on the demands of the UBC Bursary Program for the study period to which you have applied, available funding from departments and faculties, and eligibility of programs for consideration.