Tuition fees and residence/meal plan fees are payable in full during the registration period but no later than September 1st. McMaster University is committed to providing maximum flexibility to meet the financial needs of as many students as possible. McMaster University offers a wide variety of:
- Funding Options
- Payment Plans
- Payment Methods
Our web site at http://www.mcmaster.ca/bms/student contains valuable information about your fees, various payment options and important deadline dates.
Students following a payment plan other than the "Pay in Full" option will be charged interest at an annual rate of 14.4% (1.2% per month) subject to change. A full month's interest is calculated on any balance outstanding on the last day of each month.
In addition, if you refuse to pay fees, or any part of the fees, you may be refused admission to the University or you may be requested to withdraw with all privileges suspended. Fees to the date of withdrawal will be assessed. If you wish to re-register within the same academic session, you will also be assessed a $100.00 reinstatement fee.
You will not be eligible for any examination results, transcripts, diplomas or the payment of awards of any kind, until fees and any other accounts owed to the University are paid, or until acceptable arrangements are made.
Note: Graduands who have outstanding accounts with the University will be permitted to attend convocation, but will not receive their diplomas until their accounts have been cleared in full.
If you are forced, by illness or other personal reasons, to withdraw from courses, you will be charged a partial fee for courses that are cancelled. The charge is determined by the date on which the course is dropped. It is important that you review the 2013-2014 cancellation schedule. It will be available on the internet at http://www.mcmaster.ca/bms/student/pdf/fees_cancellation.pdf in the spring of 2013.