The University of Toronto is ranked 22nd in the Times Higher Education World University Rankings in 2019, is currently the leading institution in Canada.
The University has also declared that international PhD students will pay tuition fees equivalent to their domestic counterpart starting this fall.
By cutting down the tuition rate for PhD students, the University said it is trying to avoid having international students face higher tuition fees once their funding is up.
“We endeavour to remove any financial barriers, or otherwise, that international Phd students might face as they plan to attend our university,” said Joshua Barker, dean of the School of Graduate Studies. “This is an exciting news for the university.”
The majority of PhD students at the university generally receive a four to five-year funding package, which enables them to cover tuition and other fees.
Joshua Barker said lowering tuition fee for international PhD students is one way to avoid any financial problems that international graduate students wishing to study in U of T might face.
“We have heard reports from different quaters that at the point where international Phd students come out of their funding packages, that’s when there’s a real differential between international students and domestic students, where international students have to pay an outrageously higher fee, so that’s what’s going to be changed,” Barker said.
The tuition fee for domestic PhD students is presently about 8,500 CAD compared to about 22,600 CAD for international students.
Situated in Canada’s biggest city, the University of Toronto is popular with international students as a study destination. University reports show the number of accepted admissions received from foreign countries increased by Twenty (20) per cent in 2017.
Helping its international profile is the university of Toronto top ranking in most of the global education rankings over the years.
U of T is placed among the top Fifty (50) in Times Higher Education World University Rankings. The ranking is one of the most mentioned global university performance assessments of research-based universities.
In addition, the university took first place as Canada’s most prestigious university in Maclean’s news magazine’s 2018 rankings.
Many foreign students are interested in making Ontario their study destination due to the quality of its institutions, quality of life, stable economy, job opportunities, and the various routes to permanent residence that are available after graduation via the Ontario Immigrant Nominee Program (OINP).
Permanent residence after graduation
For international PhD graduates in particular, there is the OINP’s PhD categories that provides a route to immigration for qualified graduates who have successfully finished at least two years of PhD programmes in an Ontario university, who have the intention of settle in Ontario, and who have lived in the province for at least two year at the time of filing for the program.
The PhD stream is not the only available option open to international students hoping or looking to settle in the province. Another popular Canadian immigration program available to foreign students are the Masters Graduate Stream and the International Student with an employment Offer Stream.