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 Date 

  • Down payment plus setup fee due when you self enrol in a payment plan. Refer to Dates and Deadlines for installment due dates or log into your PMT 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be divided into installments and ensures you remain enrolled in classes (non-payment of fees will result in you being withdrawn from your future term classes).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.  

 

Due Date

  • Down payment plus set up fee due together.  Refer to Dates and Deadlines for installment due dates or log into your PMT payment plan. 

Payment installments  
 

  • Payment plans are available for Fall and Winter terms only (balances are divided into three payments per term).   

  • You can self enrol in a voluntary payment plan once course registration opens (see the Dates & Deadlines page for enrolment period dates).   

  • Payment plan dates are set and cannot be changed. Review your payment plan on the PayMyTuition portal for due dates based on your personalized plan. Ensure you have the funds available by the payment plan due date to avoid any penalties. 

  • 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 reminder 

How to self enrol in a voluntary payment plan 

Once the payment plan enrolment period opens, you can self enrol in a plan. Only one payment plan is available per term.  

 

To self enrol in a payment plan

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

Frequently Asked Questions (FAQs)

 

Enrolment and approval

 

 

 

Cost and payments

 

 

 

Financial aid and funding

 

 

 

Changes and cancellations