Spring / Summer 2023 Payment Plan
To provide you with additional financial relief, the enrolment deposit for the Spring / Summer 2023 semester has been reduced from $500 to $250 for full-time students, and from $340 to $170 for part-time students. Please note that this reduction is only applicable to new domestic students and returning domestic and international students. The deadline to opt in to the Spring / Summer Payment Plan is May 30, 2023.
* Please note: Students who have outstanding balances are not be eligible for the Spring / Summer 2023 Payment Plan.
For students who enrol in the regular session, the Payment Plan schedule is as follows:
- 50% of fees will be due by May 31, 2023
- 25% of fees will be due by June 14, 2023
- The outstanding balance will be due by June 30, 2023
For students who take courses only in the compressed Session A (May 8 - June 23), the Payment Plan is as follows:
- 50% of fees will be due by May 31, 2023
- The outstanding balance will be due by June 14, 2023
Students receiving OSAP
If you're enrolled in the Spring / Summer term and are receiving OSAP, Sheridan should receive your fee payment directly from OSAP by June 21, 2023. Students are encouraged to check their Account Summary once their OSAP funding has been released, to ensure that their fees have been paid. If you’re receiving OSAP and have opted into the Payment Plan, any outstanding Spring / Summer fees must be paid by June 28, 2023, to avoid the late fee charge of $150.
Students receiving OSAP who are not enrolled in the Payment Plan will have to pay full fees by June 21, 2023.
Opt in to the Payment Plan
Starting March 31, 2023, you can opt in to the Payment Plan, through the link in the Finances section of myStudent Centre. The last day to opt in to the Payment Plan is May 30, 2023.
Access your Payment Plan options in myStudent Centre
To access your Payment Plan options:
- Log in to myStudent Centre
- Under the "Finances" section, click the "Payment Plan Options" link
You will receive a notification if you are not eligible for the Payment Plan.
Opt in to the Payment Plan Option
Please read the form carefully. If you do decide to opt in to the Payment Plan for Spring / Summer 2023, you will not be able to change your decision online.
If you do not wish to opt in to the Payment Plan, then click "CANCEL" and the system will return you to your myStudent Centre.
If you do want to opt in to the Payment Plan, please complete the following steps:
- Check the box "I will pay my fees using the Payment Plan", and
- Click "CONFIRM"
Accept Opt In Confirmation
The system will provide a confirmation message, “Your Payment Plan option has been recorded”. Click "OK".
View your Opt In Confirmation
The Payment Plan Option will now become view-only. Click "CANCEL" to Return to the myStudent Centre home page.
View Your Payment Plan Schedule and Amounts
If you are eligible for the Payment Plan option, you can view your payment schedule and amounts through your Account Summary page in myStudent Centre. Please note, as you add/swap and drop courses, the payment amounts will change, so check back once you have finished selecting your courses to view the updated amounts.
Go to your Account Summary
In myStudent Centre, go to the "Finances" section. Select "View My Account Summary" from the drop down menu and click the ">>" button.
Select the Spring / Summer 2023 Term
Once you open your Account Summary, you'll see a list of terms. Select the Spring / Summer 2023 term.
Open your Account Detail view
Once you open your Spring / Summer 2023 Account Summary, click the "View Account Detail" link.
Scroll down to your Payment Plan schedule and installment amounts
Scroll to the bottom of the Account Detail page to view the Payment Plan options. The Payment Plan section provides information on the payment due dates and amounts based on the total charges applied to your account for the Spring / Summer 2023 term.
As you add, swap, and drop courses during the registration period your total charges for the term will change accordingly. Your Payment Plan amounts will automatically adjust based on your account's total charges.
To keep your account in good standing, you are expected to make your payments in accordance with your Payment Plan.
If you are taking courses during the Regular Session, you are expected to make payments as per the full term Payment Plan.
If you are only taking courses during the Compressed Session A, you are expected to make payments as per the Compressed Session A Payment Plan.
Payment Plan Frequently Asked Questions (FAQ)
Who is eligible?
Full-time and part-time new and returning domestic students, along with returning international students, who are enrolled in a post-secondary program for the Spring / Summer 2023 term, are eligible to take advantage of the Payment Plan.
* Please note: students who have outstanding balances are ineligible to opt in to the Payment Plan.
I already paid in full for Spring / Summer, can I still take advantage of the Payment Plan option?
Unfortunately not, since your payment for the term has already been made.
What if I can’t select the Payment Plan option?
This may be because you are in a program that is not eligible, or you may be a new international student and need to pay your full fees to obtain your Study Permit. Email infosheridan@sheridancollege.ca for additional information.
What if I miss an installment?
The Payment Plan and installments are being offered to allow you more time to pay your tuition and fees. For many students, the ability to pay their balance in installments is helpful and we encourage you to make your installments on time according to the posted deadlines.
The installment due dates are posted on the Payment Plan page, here on myOTR.
If you miss an installment or submit your installment after the due date, there will be no penalties applied to your student account. However, your outstanding amount MUST be paid in full no later than the posted final installment deadline. If you have an outstanding balance after the deadline that is greater than $40, your account will be placed on hold and this will result in you not being able to receive your grades, transcripts, credentials, letters or official documentation. A hold will also result in you not being allowed to enrol in subsequent terms. Further, if your balance is greater than $150, a late fee of $150 will be applied to your student account.
It is your responsibility to pay your balance by the posted deadlines and to be aware of installment due dates. If you have any questions about the Payment Plan, your balance or due dates, please reach out to studentfees@sheridancollege.ca and our Student Accounts team will gladly assist.
Can I change my mind once I select the Payment Plan option and then decide I don’t want to take advantage of it?
Once you select and confirm the Payment Plan option in myStudent Centre, you cannot de-select the option. You can contact infosheridan@sheridancollege.ca for further assistance.
