Fees & Financing

Program Fees

Payment TypeDue DateDomesticInternational
Deposit Upon Acceptance $2,000* $2,000*
First Instalment May 1, 2018 $12,000 $20,333
Second Instalment September 1, 2018 $14,000 $22,333
Third Instalment January 1, 2019 $14,000 $22,333
Total $42,000 $67,000

*non-refundable

Fees are subject to final approval from the Queen's Board of Trustees.

Academic Scholarships are Available

International students will be required to purchase the University Health Insurance Plan (UHIP) if they cannot provide evidence of equivalent coverage. A person is classified as a Domestic Student if they have Canadian citizenship, landed immigrant status, permanent resident status or dual Canadian citizenship. Learn more

RBC

Student Line of Credit
(Domestic Students Only)

Smith School of Business has partnered with the local Kingston branch of RBC Royal Bank to offer a student line of credit tailored to your needs. We recommend you contact the local Kingston branch below as they are familiar with our program and your financing needs.

Acceptance to the Queen’s MFIN program does not guarantee or imply qualification for financing.

RBC Royal Bank
Canadian citizens and permanent residents of Canada only.
Suzanne Heyes
suzanne.heyes@rbc.com
613.545.5755
1.800.769.2511

Prodigy

Student Loan Program
(International Students Only)

Prodigy Finance Ltd offers loans to international students in the Queen’s MFIN program. Start an application.

Acceptance to the Queen’s MFIN program does not guarantee or imply qualification for financing. View Q&A.

Download Prodigy brochure

Prodigy
Michael Hollis, II
School Relationship Manager
mhollis@prodigyfinance.com
Skype: mhollis.prodigy

Academic Scholarships

Queen’s offers a limited number of Dean’s Entrance Scholarships valued at up to $5,000 for applicants with a record of outstanding academic achievement. These scholarships are awarded at the time of acceptance into the program. It is not necessary to apply for a scholarship.

Personal Income Tax Treatment of Tuition Fees

Participants who pay all or part of the program fees personally are eligible to claim a tuition tax credit on the tuition portion of the fees. For more information, ask a professional income tax advisor to give you an assessment of the impact of your tuition on your personal tax situation.

RRSP Withdrawals

You and/or your spouse may be eligible to make tax-free withdrawals from your RRSP's to help fund your education. This program is considered full-time and is eligible for withdrawals under the LLP. Please contact your income tax advisor for details.