Financial Information

Your MBAN tuition will be charged in three installments. You can find domestic and international amounts on the UBC Calendar.

Students pay their fees online through the Student Service Centre (SSC). Students are responsible for keeping up with tuition deadlines and student fees until the completion of their program. UBC tuition deadlines by term will be updated on this page.

The fee payment schedule is as follows:

1. November 6, 2020
2. January 7, 2021
3. May 12, 2021
*Dates subject to change*

You can pay tuition before this date, but must submit it by this deadline.

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

NOTES

• All tuition payments must be done through the Student Service Centre (SSC), not the website where you paid your initial deposit.
• Due to the UBC policy, only your initial tuition deposit may be made by credit card. Subsequent tuition payments may not be made by credit card.
• For detailed information regarding the student fees, please visit the UBC Calendar website.

Student Levied Fees

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

If you would like to view a breakdown of tuition and student levied fees, you can find an itemized list attached to each installment listed on the Student Service Centre.

Should you decide to withdraw from the MBAN program program, below is the deadline schedule and percentage for tuition reimbursement. Please note that this schedule has been adjusted for the late entry into the program in October 2020.

Percentage reimbursed	Deadline
Tuition payment #1	Due by November 6, 2020
100% refund	November 7 – 15, 2020
60% refund	November 16 – 29, 2020
40% refund	November 30 – December 13, 2020
20% refund	December 14 – 27, 2020
No refund	After December 27, 2020

Scholarships

If you were awarded a scholarship you would have been notified in your letter of acceptance into the program.

Most scholarship money will be automatically credited to your account on the Student Service Centre soon after the due date. The system knows of any pending awards and you will not be penalized if your fees have not been paid by the due date. 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

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).

• Information and application criteria

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.

The deposit you paid to accept your offer to the program will be credited toward your first tuition installment (September 2020). This amount will be transferred to your tuition account mid- to late-August.

A student may be placed on financial hold as a result of outstanding indebtedness to the University, including tuition and student fees, parking and library fines, and Student Housing & Hospitality Services fees. Please note the following:

• A processing fee of $35.00 will apply (in addition to the Interest Penalty).
• No subsequent registration activity will be allowed.
• No transcripts or diploma will be issued.
• UBC Student Housing & Hospitality Services may refuse admission to residences, may withdraw residence and dining privileges, and require a resident to vacate the premises.
• Parking and Access Control may withdraw parking privileges and tow vehicles.
• The Library may withdraw borrowing privileges and electronic access.

The financial hold will be removed once the outstanding balance, including all penalties, is paid in full.

In Canada, income tax is administered by the Canada Revenue Agency (CRA). The Canadian income tax year is from January 1 to December 31. If you owe income tax, you must pay it by April 30 for the preceding calendar year. You should file a tax return even if you did not work.

Resources:

• Canada Revenue Agency
• Tax information for International Students
• International Tax Services Office

Tuition Tax Receipts (T2202A, T4A, and Transit Tax Credit)

• Tax receipts are made available to students by UBC in early February.
• Students can access their tax receipts. T2202A-tuition, T4A-if you worked for UBC on the Student Service Centre (SSC).
• Additional information on your T2202A receipts can be found on the SSC homepage under FAQs/Finances.

 UBC Tax Assistance Clinics for Students

UBC Tax Assistance Clinic for Students is a student-run organization that assists students and low-income individuals prepare their tax returns from late-February to the end of March. Appointments can be made beginning in late-February of each year.

Enrolment Services Advisors and Associate Enrolment Services Advisors (ES Advisors) are a team of dedicated advisors that can assist graduate students across all areas of Enrolment Services. Some of the most common services are:

• Explaining tuition and student fees and advising on best methods of payment
• Financial assistance planning, specifically on student loans and the UBC Bursary
• Setting up a budget and exploring additional resources as needed (private loans, emergency funding).
• Workshops with respect to successful budgeting
• Advising on student records and documentation
• Referrals to other resources on campus

Graduate students are welcome to contact any member of the Enrolment Services team. The best ways to get in contact are:

• By phone at 604 822 9836 or toll-free at 1 877 272 1422
• In person at Brock Hall or Irving K Barber
• By email using the Ask Me form
• Reserve a time with an ESP in the virtual line