Finances

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:

• The Provincial Government is offering $500 in rent support for qualifying applicants offered through BC Housing
• Vancouver Rent Bank
• Province of BC Financial Hardship Assistance Fund
• Student loans
• A student line of credit from a financial institution
• Sponsorship
• EI and other federal government supports being rolled out

Financial matters, including tuition and student fees, are handled through UBC Enrolment Services. They are a team of dedicated advisors that can assist graduate students with maintaining their financial wellbeing over the course of their academic journey.

Some of the most common services provided to graduate students at UBC are:

• Helping students to understand tuition and student fees and advising on the best methods of payment depending on their situation.
• Providing financial assistance planning, specifically on student loans and the UBC Bursary program.
• Assisting with setting up a budget and exploring additional resources as needed (private loans, emergency funding).
• Offering financial wellness workshops with respect to budgeting and other topics relevant to student's time at UBC as well as after program completion.
• Advising on student records and documentation.
• Completing referrals to other resources and support services on campus.

Graduate students do not have an assigned Enrolment Services Advisor, but they are welcome to contact any member of the UBC Enrolment Services team as they are all trained to assist and advise graduate students. The best ways for students to contact are:
Office Hours:
Vary from Monday-Friday - please refer to the webpage for up-to-date hours
Reserve a time with an ESP in the virtual line.
In-Person:
They are located on the main floor of Brock Hall and also in the Irving K. Barber Learning Centre
Phone/Email:
Phone: + 1 604 822 9836 / Email: via the AskMe form

Please note that UBC Enrolment Services Advisors generally respond within 3-5 business days and may take longer during peak season at the start of each term.

Your tuition will be divided into six equal installments which are due on the timeline below.

Dates	Domestic Students	International Students
January 2021	$8,236.32	$13,876.96
May 2021	$8,236.32	$13,876.96
September 2021	$8,236.32	$13,876.96
January 2022	$8,236.32	$13,876.96
May 2022	$8,236.32	$13,876.96
September 2022	$8,236.32	$13,876.96

The first tuition installment deadline will be in the first week of classes in January 2021. Exact dates will be published on the UBC Student Service Centre (SSC) in late November/early December so please ensure you log on to check your payment deadline. In addition to your tuition, there will also be student-levied fees charged by UBC. Student fees go towards covering the goods and services you receive, including Extended Healthcare, your U-Pass (transit pass), access to the UBC Pool, etc.

If you wish to opt-out of the Extended Healthcare, you may inquire here. Please note that you are only able to apply for opting out during the change of coverage period. The details for this and the corresponding dates can be found here. You will be required to opt out each academic year.

Under certain circumstances, a U-Pass exemption may be granted. Details for eligibility and exemptions can be found here.

Students who do not pay their fees will be placed on financial hold; further registration activity will not be permitted and grades will not be released. Students will also be charged a processing fee and interest will be assessed on the outstanding balance until it is paid in full. You can view UBC's policy on fees for full details.

If your company is paying for part/all of your degree, information about sponsorship billing can be found on the Enrolment Services website here, which might be useful to you and your company. You can also email them at ubc.sponsorship@ubc.ca.

For other finance/payment questions, please contact an Enrolment Services Advisor at 604 822 9836 or toll-free at 1 877 272 1422 (more info here) for specific information about payment methods. (Even though their webpage mentions undergraduate students, rest assured that they are the right people for graduate students to contact too.)

When you were applying to the program you may have seen the Student Expenses Summary that we provided for you on the Sauder website in order to give you an idea of the amount of money you would need to budget to cover your costs while in the PMBA program. Please refer to this summary for full details.

Textbooks, Course Fees & Supplies: Please keep in mind that academic books and supplies may cost more than you anticipated. We suggested $2,500-$3,500 as an approximate budget. The total cost for your academic supplies will vary depending on which courses you take during your program - some courses will have a mandatory course fee, which is usually levied to cover the cost of Online Course Packages or non-traditional academic materials (eg: to cover the cost for speakers or activities included in the course).

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 when 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 have to pay it by April 30 for the preceding calendar year.

• For more detailed information on income tax, visit Canada Revenue Agency
• Tax information for International Students
• International Tax Services Office at 1.800.267.5177

Tuition Tax Receipts (T2202A and T4A)

• Students can access their tax receipts (T2202A-tuition and T4A-if you worked for UBC) on the Student Service Centre (SSC)
• Tax receipts are made available on the SSC in early February - note that your deposit made in 2020 will apply to your 2021 tax return, the year that the program begins.
• Additional information on your T2202A receipts can be found on the Student Service Centre (SSC) homepage under FAQ's/Finances