Payment methods
Toronto School of Management has partnered with PayMyTuition for international tuition payments. With PayMyTuition, you can pay your tuition payments from any bank, in any country in any currency at better than bank exchange rates. PayMyTuition is fast, simple and cost effective.
Additional Information on PayMyTuition:
Please note that payments can be made using a Visa, Mastercard, Maestro and American Express. Effective January 5, 2022, a non-refundable service fee will apply. The service fee is billed at a rate of 2% and is paid directly to and retained by Stripe.
For students who intend to use a credit or debit card, please note that you may have a default spending limit. If the payment you are making is greater than this limit, please contact the issuing bank beforehand to determine if you need to increase your daily spending limit temporarily to meet the fee payment deadline. If your bank cannot increase your limit, you will need to be prepared to use an alternative payment method.
If you are in Canada, use this method to pay your fees online, via telephone, or in person at one of the following Canadian banks: CIBC, RBC, HSBC, BMO, and ScotiaBank.
Please note that payments may take up to 5 business days to reach TSOM. It is important that you submit early enough to allow sufficient time for the transaction in order to avoid missing fees deadline.
Instructions for online banking:
- Log into your online banking and locate the section to pay bills or make payments.
- Add “Toronto School of Management Inc” as the bill payee.
- Type in you TSOM Student ID in the “account number” field.
- Select “make a payment” and enter the amount you need to pay.
- Submit payment.
Please send a screenshot of your bill payment confirmation to studentfinance@torontosom.ca.
For any inquiries, please email studentfinance@torontosom.ca and make sure to provide your TSOM Student ID, which can be found on your Offer of Admission.

