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Stay at Chestnut this summer! Summer residence applications now open.

Prospective students

Our Fees 2024-25


What’s included in my fees?


Dining at Chestnut icon

A meal plan



Fee Breakdown

Occupancy Fees 2024-25

For all students – domestic and international. Occupancy fees are the sum of your room fee, meal plan fee and $19.22 membership fee collected on behalf of the Chestnut Residence Council.

Room TypeRoomMeal PlanChestnut Residence Council FeeTotal
Single Room$17,693.00TBA$19.22TBA
Double Room$14,293.00TBA$19.22TBA

*All first-year students are placed in a double room.

Please note the fees listed on our website are indicative and subject to final approval. Final fee assessments will be conducted in accordance with the applicable policies and guidelines at the University of Toronto. Final fees update will be provided as soon as possible.

All residents at Chestnut Residence are required to have a Chestnut Residence Meal Plan. Meal plan fees are additional to the room rate. Meal plan types and fees will be available in a few weeks. Please check back for more details. For information about the current meal plans and the associated fees, please visit the Food Services website.

Fees Schedule 2024-25

Room Type#1 Deposit (by offer deadline)#2 Deposit (July 14, 2024)Instalment #1 (September 30, 2024)Instalment #2
(November 30, 2024)
Single Room$1,000$1,000TBATBATBA
Double Room$1,000$1,000TBATBATBA

Cancellation Fees

Review the below fee schedule carefully before submitting your cancellation.

Cancellation Submission DateRefund
On or before May 31st (upper years only)100% of deposit #1 refunded
June 1st to July 14th50% of deposit #1 refunded
July 15th to August 25thNo refund
After August 25thPlease refer to Withdrawal Notice Form


Stay with us over the summer!

Looking to stay over the summer? Chestnut Residence is open.



Deposits #1 and #2 will be paid through the StarRez Portal via Moneris. You will be prompted to pay the deposits as you complete the application.

After selecting a room, your fees will be posted to ACORN, and you will make the final two instalment payments there. For more information about payment options, please review the University of Toronto Student Accounts website.

Deposits are to be paid while completing the application on the StarRez Portal, before the fees have been posted to ACORN.

Residence fees for upper year students will be posted to ACORN mid-July to early August.

For first year students, after July 14, when both you and your roommate have paid the second deposit, you will receive an email allowing you to select your room on the StarRez Portal. Your fees will be posted to ACORN mid-to-late-August.

Both Instalment #1 and Instalment #2 can be paid through ACORN as soon as your fees are posted.

Please refer to the Fees Schedule for applicable deadlines.

For Instalment #1 and #2, it takes about 5-7 business days for payments to post to ACORN, so be sure to pay 5-10 days before the due dates. International payments may take more time.

Outstanding charges on your account from prior sessions are subject to a service charge as of the 15th of every month until paid in full

If not paid in full, any outstanding account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum); please refer to the University of Toronto Student Accounts website for rate changes

Yes, you can make both payment installments at the same time.

ACORN takes all payments and automatically allocates them to the oldest charge

As long as your ACORN account has a payment in the amount of the first installment we count it as paid, even if the payment was not allocated to your Chestnut charges

Residence fees cannot be deferred (like tuition fees).

Please note as well that OSAP funding has not typically been able to cover the full costs of both tuition and residence fees. As such, you’ll want to ensure you plan accordingly and we suggest first connecting with your Registrar’s office to determine what options may available to you in terms of financial aid (grants, bursaries, etc.).

Under the Income Tax Act, universities are exempt from paying municipal property taxes. As such, Residence fees cannot be claimed as rent for income tax purposes.

The Ontario Income Tax Act stipulates that all students living in designated university (tax-exempted) student residences are limited to an Ontario Energy and Property Tax Credit claim based on an occupancy cost of $25 for the time they resided in the student residence. Therefore, the amount that can be claimed for income tax purposes is $25 and not the full amount of residence fees paid. On Line 6114 (Student Residences) of your income tax return, tick the box to claim $25 as your occupancy cost for the part of the year you lived in residence.

For more information, please visit the Ontario Ministry of Finance website.


Our building has amazing amenities.