Types of Expenses
Here are some costs to consider when creating your list of expenses for your budget. Individual expenses may vary based on your personal circumstance.
Estimating all of your costs will help give you an idea of the budget you will need. Review this comprehensive list of potential costs as you plan your budget and add in the amounts that apply best to you.
Tuition & Fees
The amount of tuition you pay depends on factors such as your program and year of study, course load and campus. View the fee schedule for your program of study and include it in your budget.
Food & Grocery
There are ways to save on grocery shopping. For example, shopping with coupons, or using an app like FLIPP, will show items on sale for the week.
It can be daunting living on your own, having to grocery shop and cook. The University of Toronto Student Union (UTSU) provides information about healthy eating, shopping and budgeting.
This source provides useful local information about housing costs in the Greater Toronto Area (GTA), links to find your own housing, and things you should know about renting in the GTA.
Learn more about managing your money. Check out these topics.
Manage your money to better understand where you stand, and minimize your money-related stress.
Credit is money that you borrow, with the understanding that you will pay it back. It can help cover some of your costs, as well as accrue points to help you further.
Understanding your expenses will help you gain a bigger picture of your budget, and how to help with your financial stability.
Have you heard of the Work Study Program? Or Experiential Learning? You’ll find opportunities through here.
WAYS TO SAVE
Student discounts! Savings on TTC, entertainment, and more. Check out all of these awesome ways to save.
Taxes do not need to be scary. Need help with understanding or filing your taxes? This is where you need to be.