U.S. students may also consider alternative or private loans as another source of funding. These loans may be in addition to (or in place of, for students who are in Title IV-ineligible programs) US Direct Loans.
Maximum Loan Amount: Loan amounts requested in U.S. dollars must be equal to or less than the cost of attendance.
How Do I Apply?
I Applied – Now What?
Service Charges and Exchange Rates
Service charges are applied to unpaid student tuition fees according to the schedule published by the Student Accounts Office. Service charges cannot be waived because of fluctuations in exchange rates or because loans are issued in multiple instalments. Students are responsible to fund any shortfall due to exchange rate conversion. The exchange rate applied by the University of Toronto is based on the date of each transaction to/from U.S. currency.