Fees & Financing
The program fee is all-inclusive, covering tuition, books, all learning materials, career and team coaching, as well as meals and accommodation during the residential sessions held at Smith School of Business.
Fee Schedule
| Instalment | Due Date | $CDN |
|---|---|---|
| Deposit | Upon Acceptance | $5,000* |
| First | Sept 1, 2020 | $16,800 |
| Second | Jan 1, 2021 | $26,000 |
| Third | May 1, 2021 | $26,000 |
| Fourth | Sept 1, 2021 | $26,000 |
| Total | $99,800 |
*non-refundable
Fees are subject to final approval from the Queen's Board of Trustees.
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. Key information can be found at
http://quic.queensu.ca/incoming/uhip.asp
Why Should You Secure Pre-Approval?
Tuition loan pre-approval will save you time. While credit approval does not guarantee acceptance into Smith, your financial application, submitted at the same time as your Executive MBA application, will give you a head start and ultimately, peace of mind.
Acceptance to the Smith MBA program does not guarantee or imply qualification for financing.
Personal Income Tax Treatment of Tuition Fees
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.
RRSP Withdrawals
You and your spouse may be eligible to make tax-free withdrawals from your RRSPs of up to $20,000 each over two years to help fund your education. Please contact your income tax advisor for details.
Canada-Alberta Job Grant
Eligible employers can get government funding to help employees access training opportunities.For more information visit the website.
Download the tuition breakdown PDF for the year 2020 or 2021. Download Course Descriptions.
Corporate Sponsorship
Sponsoring an employee in Smith's Executive MBA is a wise and cost-effective business decision for organizations, since they will be adding to the skill set of their most promising managers.
To help you seek support from your organization, we have created a downloadable brochure entitled Executive MBA – The Case for Sponsorship. You can also contact our program office for full details.
Academic Scholarships
Smith is pleased to offer a limited number of scholarships to outstanding applicants. Please speak to an Application Advisor for more details.
Student Line of Credit
(Domestic Students Only)
RBC Student Line of Credit
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
April Laforce
april.laforce@rbc.com
1.613.389.3142
Vivien Threlfall
vivien.threlfall@rbc.com
1.613.545.5755
Suzanne Doherty
suzanne.doherty@rbc.com
1.613.544.5640
Student Loan
(International Students Only)
MPOWER Financing
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
Prodigy Finance Ltd offers loans to international students. To learn more or to make an application go to the Prodigy Finance website.
Note: acceptance to a program does not guarantee or imply qualification for financing.
