We understand that many students make numerous sacrifices to pursue their education.
With rising costs for everything from rent to food and childcare, we want students to know that they do not need to abandon their studies at Centennial College due to personal finance challenges.
As part of our commitment to you, our students, we offer flexible payment options to those who qualify. Flexible payment options differ for domestic and international students as outlined below. (Please take note of important dates and deadlines related to fee payments when considering tuition payment flexibility options, as these will affect eligibility.)
Domestic Students
Tuition Payment Options:
OSAP Tuition Deposit Waiver ($250)
Students who encounter financial challenges and are unable to pay the $250 tuition deposit may request that Centennial waive the tuition deposit in order to register for courses. Please note, only students who have applied for and are approved for OSAP funding for the semester they are entering are eligible for this waiver.
Tuition Fee Payment Plan (Available to eligible full-time students)
If you have paid the $250 tuition deposit and registered for your courses but require more flexibility in order to pay the balance of your fees by the due date, you may be considered for a payment plan by completing the Domestic Promissory Note Payment Plan form.
Please note, if you have not already done so, you may apply for Ontario Student Assistance Program (OSAP). If you are approved for OSAP assistance, Centennial will automatically defer payment of your full fees until the Ministry electronically remits your tuition fee to Centennial College on your behalf.
Requesting a tuition deposit waiver or tuition fee payment plan
The OSAP Tuition Deposit Waiver Agreement and Domestic Promissory Note Payment Plan forms can be accessed through CASS (Centennial Access to Student Services) that is located on your myCentennial account.
Your eligibility for these options are assessed based on individual circumstances and need, including:
- Proof of financial sustainability at point of application
- Proof of pending payments
- Current grades, academic standing and progression/graduation expectations
- Previous payment history
To submit your completed application, kindly access myCentennial and follow these steps:
Access CASS - Centennial Access to Student Service in just 5 Easy Steps!
- Log in to myCentennial
- Go to Registration Services (under Registration Information)
- Locate CASS on the screen
- Complete the online CASS form
- Submit your request
Your request will be directed to Student Financial Services for processing.
Please note that once you submit your request, there is no need to send additional or multiple requests or separate emails.
International Students
Requesting a Financial Agreement for Semester Registration formerly known as Promissory Note
A financial agreement for semester registration is a payment plan that is mutually agreed upon by the Student and Centennial College. This agreement is only issued for one semester, and the student must meet the requirements set out by Centennial College. It is only issued to students facing exceptional financial circumstances, which must be proven by providing supporting documents.
To be eligible for a financial agreement, you must:
- Be in the final semester of your studies. Students enrolled in two-semester programs are not eligible for a financial agreement.
- Be facing exceptional* or extraordinary** circumstances
- Be in good academic standing with the College (minimum 2.0 GPA)
- Have paid a minimum of $5,000 toward your fees
- Be in good financial standing with the College (e.g., have paid all previous fees on time and in full)
- Provide documentation to support your claim
- Agree to the terms and conditions of the finanical agreement.
Please note:
- There will be a $30 administrative fee to process financial agreements.
- While payment is due by the end of the semester, if any balance remains unpaid, as of the third month of the semester, a non-refundable 4% late penalty interest charge will be added to the outstanding balance each month until it is paid in full.
To submit your completed application, please follow these steps:
- Log in to myCentennial
- Go to Registration Services (under Registration Information)
- Locate CASS on the screen
- Select International Financial Agreement for Semester Registration, formerly known as Promissory Note
- Complete the online CASS form
- Submit only one request
- Expect to receive a response within 3-5 business days
*Exceptional circumstances: Unforeseeable circumstances not existing at the commencement of your studies beyond your control and making it impossible for you to pay your tuition and fees by the published deadline dates. This may include an unavoidable delay or disruption in receiving funds from a financial institution, scholarship, sponsorship, or another educational institution.
**Extraordinary circumstances: Documented medical conditions that occurred after commencing your studies, which are adversely affecting your ability to pay fees or a significant traumatic event that impact.