Financial Aid

The fundamental principle of the University of Toronto (U of T) Policy on Student Financial Support (PDF) states that no student offered admission to its programs will be unable to enter or to complete the program due to a lack of financial means.

For most students, it will be necessary to incur some debt, through access to government student assistance programs and a professional student line of credit with a financial institution. A number of grants and bursaries are also available to support students with demonstrable financial need.

In addition to the information below, you can also view our financial aid webinar, as an additional resource.

For international students, please review the financial information for international applicants.

The MD Program wants to ensure that all medical students are aware of the resources available to finance their medical education. We've recently launched the first in our series of financial literacy modules: MD Program Financial Resource Explorer - Year 1.

Caleigh Campbell, 1T6 student

“I received the MD Admission Bursary when I was accepted to the University of Toronto. Over the past four years, the bursaries have helped cover tuition, and other school related expenses. Going to medical school was always my dream, and receiving these awards turned this dream into reality.

I am so lucky to be a recipient of an MD Admission Bursary, thanks to the gracious donations from the sponsors. Being already in debt from my undergraduate studies, and hefty tuition of medical school, my finances are always on my mind. The scholarships helped reduce this stress and focus more on school and pursuing extracurricular activities."

Caleigh Campbell, 1T6 student