Fees and Financing
Pursuing a graduate degree is an investment in your career – your earning potential, professional satisfaction and long-term success. Like any investment, it’s important to consider the return. In a high-demand field like analytics or AI, your first role after graduation sets the trajectory.
The skills and network you develop within the Full-time MMA program compound over time, turning a one-year investment into decades of opportunity.
Below, you’ll find complete details on program costs, along with financing options available to Smith School of Business students.
Return on Investment
Did you know, workers with AI skills command a 56% wage premium: up from 25% last year
Payment Schedule
The program fee is all-inclusive. It covers tuition, books, learning materials, coaching, and the Student Assistance Levy (SAL).
| Payment Type | Due Date | Domestic | International |
|---|---|---|---|
| Deposit | Upon Acceptance | $5,000* | $5,000* |
| 1st Installment | Sept 1, 2026 | $10,172 | $22,909 |
| 2nd Installment | Jan 1, 2027 | $15,172 | $27,908 |
| 3rd Installment | May 1, 2027 | $15,171 | $27,908 |
| Total | $45,515 | $83,725 |
All figures in CAD.
International students may be required to purchase the University Health Insurance Plan (UHIP) if they cannot provide evidence of equivalent coverage.
All Queen's University students are also assessed a Student Assistance Levy of $33.33 per term; which has been included in the program fee.
A person is classified as a domestic student if they have Canadian citizenship, landed immigrant status, permanent resident status or dual Canadian citizenship.
Fees are subject to final approval of Queen’s Board of Trustees and Ontario Ministry of Training, Colleges and Universities.
*Non-refundable
Financing Options
Ontario students can now apply for financial assistance through OSAP to help pay for their tuition, books, mandatory fees, living costs and transportation. Please visit the OSAP website to determine your eligibility and to apply for an OSAP loan.
Smith School of Business has partnered with RBC to offer a student line of credit tailored to your needs. We recommend you reach out to one of the contacts below, as they are familiar with our program and your financing needs.
Alternatively, please contact the RBC Advice Centre at 1-800-769-2511 or visit your local RBC branch to speak to an advisor.
Canadian citizens and permanent residents of Canada only. Acceptance to the program does not guarantee or imply qualification for financing.
RBC Contacts
Suzanne Doherty
suzanne.doherty@rbc.com
1.613.544.5640
Afsheen Asif
afsheen.asif@rbc.com
1.613.545.5746
Windmill Microlending offers low-interest career loans of up to $15,000 to skilled immigrants and refugees in Canada. Loans can help cover education and training program costs, licensing and qualifying exams, credentials assessment, and other career-related expenses.
To be eligible, you must be a Permanent Resident, Convention Refugee, Protected Person, Provincial Nominee, or Canadian Citizen. Applicants must be internationally-trained individuals seeking to work in their trained profession or apply transferable skills to a new career. For more information and to apply, please visit windmillmicrolending.org.
Windmill loans are personal loans and interest payments are not tax deductible. Acceptance to the program does not guarantee or imply qualification for financing.
For international students only.
MPOWER Financing offers loans to international students. To learn more or to start an application go to the MPOWER Financing website.
Questions? mpower.me@mpowerfinancing.com
Prodigy Finance broadens access to education for international students through study loans that don't require co-signers, collateral, or a credit history. To learn more or to start an application, visit Prodigy Finance.
Note: Acceptance to a program does not guarantee or imply qualification for financing.
Participants who pay all or part of the program fees personally, may be 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.
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.