Plans
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Voluntary Payment Plan
Manage your education costs with convenient, manageable and interest-free payments spread out over the term by signing up for a payment plan.
If you can’t pay your tuition in full by the payment deadline, enrol in a payment plan to pay in installments and avoid having your classes dropped for non-payment.
Payment plans through PayMyTuition
Eligibility
Payment plans are only available if you:
Are enrolled in a credit program.
Have a financial account in good standing, with no financial holds, outstanding balances from previous terms.
Cost to participate
$50 per term non-refundable setup fee, due at the time you enrol in a payment plan.
Mandatory Payment Plan
If you can’t pay your tuition in full by the last day to register in the term, OCAD U will enrol you in a mandatory payment plan. Your balance will be divided into installments and ensures you remain enrolled in classes (non-payment of fees will result in you being withdrawn from your future term classes). You will receive notifications to your OCAD U student email address.
Cost to participate
$100 per term non-refundable setup fee. This fee is added to your total fees owing.
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Payment installments
Payment plans are available for Fall and Winter terms only (balances are divided into three payment installments per term).
You can enrol in a payment plan once course registration opens (see the Dates & Deadlines page for enrolment period dates).
Payments are due on the payment installment due date. Payment plan dates are set and cannot be changed. Please ensure you have the funds available by the payment plan due date.
Your payment plan will automatically adjust if there are any changes to your fees (for example, if you add or drop classes).
You are responsible for ensuring your payment and payment methods are kept up to date.
You can add an authorized user as an additional payer to your account (see FAQ below for steps).
PayMyTuition will send you email reminders about upcoming payments. You can also subscribe to SMS reminders.
How to enrol in a payment plan
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Once the payment plan enrolment period opens, you can enrol in a plan. Only one payment plan is available per term.
To enrol in a payment plan
Log in to myOCADU
You can find the PayMyTuition card by navigating to the Academic Life tab or searching for it.
You can also access PayMyTuition by going the Tools card > Self-Service > Student Financials in the side menu to access the PayMyTuition Payment Center
Then choose your financial institution’s (bank) location, where you’ll be redirected to PayMyTuition. Select the ‘ENROLL IN VOLUNTARY PAYMENT PLAN’ button to start the payment plan process. If you do not see this button, you are not eligible for a payment plan.
Before enrolling, check your charge details and payment plan balance. Make sure you are fully informed of all expenses before enrolling in a plan.
Carefully review the final payment plan agreement, including installment due dates. If you are paying from a Canadian bank account, you’ll be prompted to input your payment method (credit card or banking information).
Canadian financial institutions: If you use a Canadian bank, funds will be automatically withdrawn on your installment dates. Your payment method will be used for all scheduled payments. You can check your balance and remaining payments through PayMyTuition’s secure payment portal.
International financial institutions: If you use an international bank, you must log in before each installment due date to make a payment. Be sure to account for processing time to ensure OCAD U receives your funds on time.
Making payments and payment options
Your payment method depends on your bank account location:
Students paying from a Canadian financial institution
If you’re paying from a Canadian financial institution (bank), you must set up your payments using either:
Pre-authorized debit (banking information); or
Credit card (Visa, Mastercard, American Express)*
Your selected payment method will be used to automatically withdraw funds on your installment dates. Ensure sufficient funds are in your account for pre-authorized debit, or enough credit is available on your credit card.
*A 2.5% non-refundable convenience fee will be added to all Visa, Mastercard and American Express) payments.
Can I change my payment method after enrolling?
Yes! To make this change to your payment plan, simply go to the ‘Payment Center’ section in PayMyTuition and update your payment method under the ‘Profile’ tab.
Students paying from an International financial institution
If you’re paying from an International financial institution, you can pay by:
Visa debit or Mastercard debit; or
Credit Card in your home currency; or
Bank transfer
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You must log in to PayMyTuition and initiate your payment before each payment due date. Make payments early, considering processing time to ensure OCAD U receives the funds before the due date. For example, if using bank transfer, which takes up to 10 business days to process, initiate your payment at least 14 business days before the due date.
If you’re paying from an international financial institution, you are responsible for ensuring your payment arrives by the due date, including time for processing.
Need support?
If you need help with a payment plan, connect with PayMyTuition directly by calling 1-855-663-6839 (toll-free) or through one of their local country contact numbers. You can also reach PayMyTuition Support at support@paymytuition.com or through their support page.
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Frequently Asked Questions (FAQs)
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Enrolment and approval
Once the payment plan enrolment period opens, you can enrol in a plan. Be sure to enrol in a payment plan by the end of the registration period to avoid being placed in a Mandatory Payment Plan. You can only enrol in one payment plan at a time.
Yes, if you meet all the eligibility criteria, pay the setup fee, and complete the enrolment process, you are automatically enrolled in a payment plan. There is no additional approval required.
Yes, students with funds in an international financial institution can enrol in a payment plan. Before the due date of each payment installment, you will have to login to PayMyTuition to make your payment. Automatic withdrawals cannot be set up for international financial institutions.
Students paying from international financial institutions will need to consider processing times to ensure the funds are received by OCAD U before the due date.
A payment plan can be a great option if you’re looking to spread your tuition and fees across multiple installments during Fall and Winter terms rather than paying the entire amount by the payment deadline. This approach gives you more time to manage your finances without the pressure of a lump sum payment. However, it’s important to remember that a payment plan is not a loan; it doesn’t provide additional funds for your education.
Before enrolling in a payment plan, ensure you have a budget and financial plan in place. This will help you cover the costs of your payment plan installments and other expenses (for example, living expenses, costs of books and supplies, etc.), setting you up for success and preparedness throughout the term.
Need support creating a financial plan? You can book a meeting with one of OCAD U’s financial advisors to talk about the costs of your education.
To enrol in a new payment plan for a future term, you must first pay off your current outstanding balance and meet the eligibility criteria for a new plan. If you have an outstanding plan balance, you will be placed on financial hold and won't be able to enrol in future classes. You may also be dropped from classes if already enrolled in classes for future terms.
Cost and payments
There is a $50 non-refundable setup fee charged for each payment plan.
There is a $100 non-refundable setup fee charged for each payment plan.
Yes, your payment plan will automatically adjust to your latest balance.
This depends on whether you enrolled in PAD (Preauthorized Debits) and whether your financial institution (bank) is Canadian or International. For students paying from:
Canadian financial institutions: Your balance amount can automatically be withdrawn from your selected payment method on each installment due date.
International financial institutions: You must login to PayMyTuition and initiate your payment before each payment due date. Make payments early and make sure to account for required processing times to ensure the funds are received by OCAD U before the due date.
Yes! When enrolled in a payment plan, you can log in to your PayMyTuition account to make an extra payment towards your outstanding balance at any time. Any extra payment will be applied to your next installment.
Miss one payment:
Interest of 1.25% will be charged on your full balance,
The balance plus interest will be spread across the remaining installments.
Miss two payments: You are required to pay your outstanding tuition balance immediately.
Interest of 1.25% will be charged on your full balance,
You will be placed on financial hold and unable to enrol in future payment plans until the balance is paid.
You will not be able to enrol in classes for the next term, and will be withdrawn from any classes you are enrolled in for the next term.
You will not be eligible to graduate, or obtain official records (i.e. transcripts) until the full payment is made.
You should clear your outstanding balance to avoid being withdrawn from future term classes. Once your balance for the current term is paid, you will have the option of re-enrolling in a payment plan for the future term
Financial aid and funding
If you have been approved for funding through programs such as the Ontario Student Assistance Program (OSAP) or other out-of-province funding, OCAD U will be notified of your funding approval approximately one (1) week before the payment deadline. At this time in PayMyTuition, you’ll also see a banner message noting you have a sponsorship code on your account. As long as you see this banner message, you do not need to enrol in a payment plan and will not be dropped for non-payment. If you have out-of-province funding, please email confirmation of your funding to financiala@ocadu.ca to have your account updated and the banner message added.
If you’re waiting for your funding approval or your funding is delayed and you do not see a banner message with a sponsorship code on your account one (1) week prior to the tuition deadline, we encourage you to enrol in a payment plan by the payment deadline so you are not withdrawn from your courses for non-payment while you wait for funding approval.
You’ll still be required to pay the non-refundable payment plan setup fee. This fee contributes to the administrative costs associated with the set-up and maintenance of payment plans.
Changes and cancellations
No, payment plan installment due dates are set and cannot be changed.
Changes can be made by you or your Authorized Users in the ‘Payment Center’ section in your PayMyTuition account. This is also where you can view your payment plan balance.
Remember that you are responsible for any balance due on your student account.
Please ensure you have the funds available by the payment plan installment due date.
Yes, you can switch from one chequing or saving account to another, or switch from a credit card to a banking account. To make a change to your payment plan, simply go to the ‘Payment Center’ section in PayMyTuition and update your payment method under the ‘Profile’ tab.
Yes, if a parent/guardian or associated party would like to support or manage your payments, you must first add them as an authorized user on the PayMyTuition payment plan portal. Authorized users will create separate login information to access the account.
How to setup an authorized user
In PayMyTuition, select Create Profile.
Select Register to setup your account.
Enter your name, email, phone number and password.
Once registered, select the Authorized Users tab and click Add New
Set the level of access your authorized user should have to your payment history and activity. Once finished, select Add.
The authorized user will then receive an email with instructions to create a separate login to access PayMyTuition.
Banking information is confidential and only the user will be able to see and access this information. Multiple Authorized Users can enrol in the same student's payment plan, for example, if multiple parents/guardians want access.
Courses must be dropped in accordance with OCAD U’s course withdrawal deadlines. If you are eligible for a refund when you withdraw from a course, the refund will be applied to your next payment installment and your overall balance adjusted.
The payment plan setup fee is non-refundable.
You have the option to pay the full balance of your payment plan at any time. If you do, this will close your payment plan. Please note that the payment plan setup fee is non-refundable.