Fees & Financing
Any significant investment – buying a home, purchasing a car, or investing in your education – requires having all the necessary information to ensure you are making an informed decision. Indeed, Smith's Master of Management in Artificial Intelligence program is a significant investment of your time and money. We are pleased to provide you a detailed overview of what exactly you are paying for and the various ways you can finance your studies.
Understanding The Program Costs
The program fee is all-inclusive. It covers tuition, books, learning materials, coaching, the Student Assistance Levy (SAL), as well as accommodations and meals during on-site sessions.
Please keep in mind:
The MMAI program is not eligible for OSAP funding. We understand the importance of clear financial information, and we're sharing this to avoid any future confusion or frustration. Please take this into consideration while planning your finances for the program.
Travel Costs
Travel costs for on-site sessions are not included in the program fee. Students are responsible for making their own travel arrangements and meeting any travel requirements
On-site Session Costs
Accommodation is included for both the opening and second on-site sessions, which will take place in Kingston. Some meals for on-site sessions are included in program fees.
Payment Schedule
| Payment Type | Due Date | Domestic | International |
|---|---|---|---|
| Deposit | Upon Acceptance | $5,000* | $5,000* |
| 1st Installment | May 1, 2026 | $18,184 | $25,391 |
| 2nd Installment | Sept 1, 2026 | $23,183 | $30,392 |
| 3rd Installment | Jan 1, 2027 | $23,183 | $30,392 |
| Total | $69,550 | $91,175 |
- 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.
- 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 by Queen’s Board of Trustees.
- *Non-refundable
Financing Options
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 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.
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.