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Tuition Deposit – Policy Change for International Students Residing in Canada
Effective July 2024, Sheridan College has changed the deposit amount required for international students residing in Canada with a Study Permit, Work Permit or Visitor Visa on file to secure their seat in the program.
A non-refundable deposit of $2,000 CAD is now required, instead of the previous requirement to pay the first semester fees.
Specific payment deadlines for the deposit and remaining balance are described in the Letter of Acceptance.
PGASE English Language Studies (ESL) is excluded from this policy change. A full fee of one module is required for this program to allow the level placement to be done in time.
Frequently asked questions
Criteria
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Who is affected by this new deposit requirement?
This deposit requirement is applicable to new international students who are currently residing in Canada with a Study Permit, Work Permit, or Visitor Visa. This also applies to students residing in Canada whose Study Permit, Work Permit, or Visitor Visa expired less than 180 days ago.
PGASE English Language Studies (ESL) is excluded. A full fee of one module is required to allow the level placement to be done in time.
Deadlines and procedures
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What is the deposit amount?
The deposit amount is $2,000 CAD to secure a seat in the program and to allow students to register for classes. This deposit amount is subject to a non-refundable registration charge as per Ministry guidelines, that varies by program in the range of CAD $1,038–$3,800.
The Ministry refund is calculated as follows for all colleges in Ontario:
fees paid - international student tuition fee ÷ domestic student tuition fee x $500.
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What is the process for securing a seat with the deposit payment?
Students will need to prove their eligibility by having/updating a Canadian address on file and uploading their Study Permit, Work Permit or Visitor Visa via the Sheridan Application Portal or Sheridan’s Immigration Document Submission site. Once the deposit of $2,000 CAD is received, their seat in the program will be secured until the second payment deadline.
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When should the student pay the deposit and the balance?
The deadlines to pay the $2,000 CAD deposit and the balance are included in the Fee Estimate enclosed in the Letter of Acceptance. The balance payment will need to be paid before the deadline specified on the Fee Estimate:
Term start Balance due date September 2024
September 30, 2024
January 2025
December 1, 2024
May 2025
April 1, 2025
September 2025
August 1, 2025
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What are the consequences of late payment?
Regular late payment penalties will apply for students beginning their studies in September 2024. If fees are not paid by the date noted on the Fee Estimate, a $150 CAD late fee will be charged to the student's account. The student's enrolment could also be impacted as space may no longer be available in the program or in certain courses. Please refer to the "Late fees" section on the How to Pay Your Fees page.
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How can the student make the deposit payment?
Payment instructions are included in the student’s Letter of Acceptance. Details can also be found on the International Payment Information page.
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How can the student make sure the deposit payment is received by the college?
Payment normally takes 3–5 business days to process. The status can be monitored in myStudentCentre under Finance >> View My Receipts. When the payment is received, a receipt will be posted and the student will receive an email notification to their Sheridan email address.
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How can the student know if their seat in the program is secured?
Students should monitor their application status through the Sheridan Application Portal. If the student's application status is "Fees Paid" and they receive a Letter of Enrolment (LOE) from Sheridan, their seat in the program is secured until the payment deadline for the balance.
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If a student pays the deposit for one program and then wants to change to another program, is that possible?
Yes, that is possible. After the student submits a program change request, the fees already paid will be applied to the new program.
Refunds
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If the student pays the deposit but cannot complete the remaining payment, will it be refunded?
No, this deposit payment is non-refundable, unless due to a refusal of Study Permit or Study Permit extension, or the admission conditions on the conditional Letter of Acceptance are not met.
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Will the deposit and balance payment be refunded if a student’s Study Permit extension is denied?
The regular refund policy applies. If a student’s Study Permit extension is denied, we will follow the same refund process as usual where an administrative fee of $200 CAD, plus any non-refundable charges (e.g. health insurance) will be deducted. Proof of Study Permit extension refusal must be submitted. Please refer to the Withdrawals and Refunds page for more details.
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If a student has already paid the full first term fees as per the requirement stated in their Letter of Acceptance issued before this policy change, can they request a refund of the payment exceeding $2,000 CAD?
This policy change is effective as of July 2024. Payments made before this are not eligible for the new payment terms.
Contact information
For students
If you are a student and you have questions or need assistance, please email our team at admissions@sheridancollege.ca
For agents
If you are an agent and you have questions or need assistance, please contact your regional manager.