Planning for success at UBC involves proactive financial planning. Review our resources below and connect with an Enrolment Services Advisor if you'd like to discuss your financial plan.
Understand your costs
The first step is to understand how much a school year will cost you and what the related expenses are. Knowing your costs will give you the foundation to build your financial plan. Start by finding out the costs for tuition, student fees, and books:
Next, consider how much it will cost to live in Vancouver.
- If you are living on campus, you'll need to cover residence fees and a meal plan
- If you're off-campus, you'll also want to think about rent, groceries, and utilities
Make sure that you also allow for personal expenses such as cell phone bill and entertainment. If it is in your budget, you won't be caught off-guard. Use the Cost Calculator to help you calculate what it might cost in your first year.
Know your resources
Once you know what your educational costs are, you will need to find resources to cover those costs. Some students will have some savings or help from their families, but there are also a range of financial assistance programs in place at UBC.
Mapping your timeline
Enrolment Services is committed to helping you, but it is your responsibility to meet important deadlines. Refer to key dates and deadlines for more information.
Build a financial plan
Every student needs a financial plan, and once you’ve gathered the information above, you’ll be in a position to make one. We have resources to help you work out a plan that makes sense for you.
Use these tools and tips to get started on your financial plan:
- April 26, 2021
Free. Join the UBC Financial Wellness Peers for Beyond Saving: Putting your money to work...
Maintain your financial health
Once you have a plan, it's important to use it. We know sometimes this is easier said than done. If it's not working, it's okay to make adjustments as needed. Stay on top of your obligations with your previous loans, and be prepared for your loan repayment.
If you have questions
Please contact your Enrolment Services Advisor directly. If you do not have an assigned advisor, they are still available to help.