Payment Plans

Sheridan has a selection of payment plans to make paying your fees that little bit easier. 

(Please note: Students entering a new program are considered as NEW Students. RETURNING Students refers to students returning to the same program.)

Spring 2014 semester

Pay in full on or before March  5, 2014 (New and Returning Students)

Fall  2014 semester

Option 1

Pay in full on or before: June 18, 2014 (New Students), July 23, 2014 (Returning Students)

Option 2  APPLICABLE ONLY TO INVOICES WITH TWO CONSECUTIVE TERMS

Pay in two installments:
  1. June  18, 2014 (New Students), July  23, 2014 (Returning Students)
  2. November  5, 2014 (split fee $50.00 will apply)

Winter 2015 semester

Option 1

Pay in full on or before October 15, 2014 (New Students), November  5, 2014 (Returning  Students)

Option 2  APPLICABLE ONLY TO INVOICES WITH TWO CONSECUTIVE TERMS 

Pay in two installments:
  1. October  15, 2014 (New Students), November  5, 2014 (Returning Students)
  2. March 4, 2015 (split fee $50.00 will apply)

Spring/ Summer 2015 semester

Pay in full on or before March  4, 2015 (New and Returning Students)

OSAP Tuition Deferrals

Students who apply for assistance from the Ontario Student Assistance Program (OSAP) may be eligible to defer payment of fees until receipt of their OSAP funds. All OSAP students who wish to defer their tuition fees must:
  • Make a $300.00 down payment by the deadline specified on their Fee Invoice 
  • Apply for OSAP at http://osap.gov.on.ca 
  • Submit their OSAP application and follow the instructions on the OSAP website 
The OSAP application states that the Ministry may use a portion of your OSAP funding to pay, on your behalf, your tuition and compulsory fees directly to your school, unless you have specifically requested that your fees were not to be paid on your behalf.

OSAP applications may take 4 - 6 weeks to process during peak periods. The OSAP Aid Estimator will help you to plan financially for the cost of post secondary education at Sheridan.

If you have indicated on your OSAP application that you did not wish OSAP to redirect tuition and compulsory fees directly to your school or are ineligible for OSAP, or if your OSAP funds are not sufficient to cover your tuition, it is your responsibility to pay all outstanding fees to Sheridan by the dates below to avoid late fee charges:
  • Outstanding Spring/Summer 2014 fees : Due by June 4, 2014
  • Outstanding Fall 2014 fees : Due by October 1, 2014
  • Outstanding Winter 2015 fees : Due by February 4, 2015
  • Outstanding Spring 2015 fees : Due by June 3, 2015

Only OSAP applicants are eligible to make the $300 down payment for an OSAP Tuition Deferral. There is a $50 fee for an OSAP Tuition Deferral included in the $300 payment, which is applied once per academic year.

Payment of the $300 deposit towards tuition is a commitment to attend Sheridan College. Students who either do not receive financial assistance, or for other reasons, wish to withdraw from a program must notify the Office of the Registrar in writing by the published withdrawal dates. Ministry of Training, Colleges and Universities Policy states that partial refunds are only possible if such withdrawal requests are made by the 10th day of class. The student is accountable for all outstanding fees should this process not be followed.

Sheridan also publishes withdrawal dates that enable a student to withdraw without academic penalty later in the term – fees are not refunded in these situations.

Failure to pay your fees by the deadline will result in an additional $100 late fee for each payment deadline missed.

Please refer to our Financial Aid page for other important details regarding OSAP and other sources of financial assistance.

Students Using RESP Funds

In order to withdraw money from your RESP account, your financial institution requires proof that you are enrolled at Sheridan. Staff at the Office of the Registrar can provide you with a letter confirming your enrolment or complete the necessary documentation from your financial institution. Check with your financial institution to confirm what you need as proof of enrolment.

Students who are awaiting funds through scholarships or RESPs will be able to pay a $325 tuition deposit upon proof of pending scholarships or RESPs, by the due date specified on your fee invoice.

It is your responsibility to pay all other outstanding fees to Sheridan by the dates below to avoid late fee charges:

  • Outstanding Spring/Summer 2014 fees : Due by June 4, 2014
  • Outstanding Fall 2014 fees : Due by October 1, 2014
  • Outstanding Winter 2015 fees : Due by February 4, 2015
  • Outstanding Spring 2015 fees : Due by June 3, 2015

Late Fees

Failure to pay fees by the date noted on your invoice will result in a $100 late charge. Your enrolment in the planned and scheduled courses could also be impacted as space may no longer be available in all of the required courses.

If, as a result of your late fee payment, you are not enrolled in all of your courses, but are still considered registered in a full time course load, you will not be issued a refund of tuition and you will be required to pick up these courses at a later term at an additional cost to you. These courses are a requirement of your program for graduation and, in some cases, may only be offered in specific terms, making enrolment in these courses difficult.

There could be further impacts to your progress in the program especially if the course missed is a pre or co requisite for a future course term enrolment. To avoid additional costs and complexity, please arrange to pay your fees by the deadlines.