Award Refund Payments

Your faculty, college, campus or graduate unit has notified you of award funding that will be paid out on your ACORN invoice.  At this point, you should decide on the award refund payment option  and take the steps necessary for the fastest and most reliable award payment option.

  • Undergraduate award payments are normally paid out after the end of the registration period (e.g. mid-late September, mid-late January).
  • Graduate award payments may be paid out at the beginning of each term or session, or on a monthly or other basis.

Role of Your Awards Office

The awards office will decide to apply the award payment to outstanding fees, automatically refund the award payment or apply a portion to outstanding fees and automatically refund the remaining funding.

Award pay out instructions will be displayed on your ACORN invoice.  The Student Accounts Office will handle award refund cheques and monitor award refund direct deposits.

AWARDS

2024 Fall
UTAPS Grant (debit/credit acct)       $ 750.00CR
UTAPS Grant (to be refunded)         $1,000.00CR
U of T Bursary (to be refunded)        $500.00CR
 
 
 
 
  $750 will be applied to unpaid ACORN fees.
 $1000 will be refunded to you
  $500 will be refunded to you
 
REFUNDS
2024 Fall
Award Refund 2024-10-28(direct deposit) $1,000.00
Award Refund 2024-11-01 (cheque)          $500.00
 
  

$1,000 was deposited in your bank account within 2-3 business days of Award Refund date
 $500 cheque with your ACORN mailing address was produced on the first Wednesday following 2024-11-01.
Cheques with Canadian addresses will be mailed by Canada Post

 

To view the details of your award (including the award name, amount and payment method), please login to ACORN and click My Awards.

If you have a question about an award amount displayed on your ACORN invoice, contact the awards staff in your faculty, college, campus or graduate unit.  View contact list 

If your award eligibility changes, your faculty, college, campus or graduate unit may request a partial or full award cancellation.  The award cancellation transaction will be displayed on your ACORN invoice as a fee transaction that is owed to the University immediately.

AWARDS
2024 Fall
Award Cancellation – UTAPS 2024-10-28   $750.00

 $750 was returned to
 U of T award/scholarship program
 on Oct. 28, 2024

Award Payment Options

  • Direct Deposit to your bank account is the fastest and most reliable award refund payment option.

    Record Canadian bank account information in ACORN before award transactions are recorded on your ACORN invoice.

    It takes 2-3 business days from the Award Refund date displayed on your ACORN invoice, for a refund payment to be deposited into your Canadian bank account.

    AWARDS
2024 Fall
UTAPS Grant (to be refunded)         $1,000.00CR
    		 
     
 
 $1000 will be refunded to you
    		 
    REFUNDS 2024 Fall
Award Refund 2024-10-28(direct deposit) $1,000.00
    		 
     
 $1,000 was deposited in your bank account within 2-3 business days of Award Refund date

     

    Learn how to record your bank account information on ACORN:

    1. From the ACORN dashboard, click ‘Financial Account’ on the left hand menu under Finances.
    2. On the Financial Account screen, locate the direct deposit card and click ‘Direct Deposit’.
    3. Click ‘Enter Banking Info’.
    4. Enter your banking information. You can find your Transit (5 digits), Bank (3 digits) and Account numbers by requesting a blank cheque or a print-out of your banking information from your bank.
    5. Click ‘Add This Information Now’.
    6. After you have successfully added your banking information, you will get a confirmation message.

    √ Direct Deposit has been added successfully

  • If your Canadian bank account information is not recorded on ACORN, then an award refund cheque will be issued.

    Award refund cheques are produced on the first Wednesday after the Award refund date on your ACORN invoice.

    In the example, the award refund cheque will be produced on the Wednesday, October 30, 2024 (this is the first Wednesday after 2024-10-28)

    AWARDS
2023 Fall
UTAPS Grant (to be refunded)         $1,000.00CR
    		 
     

  $1000 will be refunded to you
    		 
    REFUNDS
2023 Fall
Award Refund 2023-10-28 (cheque)     $1,000.00
    		 
     

 $1,000 cheque with your ACORN mailing address
 was produced on the first Wednesday after 2023-10-28.
 Cheques with Canadian addresses will be mailed by Canada Post.

     

    Cheques are mailed by Standard Canada Post or Campus Mail (if applicable) and should be received within a week.

    It is your responsibility to record an accurate ACORN Mailing address before award transactions are recorded on your ACORN invoice.

    Street:        205 – 155 St. Clair Ave. West
City:          Toronto
Province:      Ontario
Postal Code:   M4V OA1
Country:       Canada
    		 
     Put a hyphen between the unit/suite/apartment 
 number (205) and the street number (155)

     

    What to do if you did not receive your refund cheque

    If you have not received your refund cheque in the time period mentioned above, you can contact Student Accounts at info.studentaccount@utoronto.ca to take the next steps.

    1. If the cheque has been cashed you may request an investigation. You must confirm with your bank that the cheque has not been cashed before requesting an investigation. The Student Accounts Office will initiate the investigation with the bank.  A replacement cheque will not be processed until the cashed cheque investigation has been completed.
    2. If the cheque has not been cashed, then you can request a replacement cheque to be issued by filling out a Stop Payment Form. The replacement cheque can take 2 to 3 weeks from the date the Stop Payment Form has been submitted to the Student Accounts Office.

    Learn how to add/change your ACORN mailing address:

    1. From the ACORN dashboard click ‘Profile & Settings’ near the top of the left hand menu
    2. On the Profile & Settings page click ‘Address’.
    3. On the Address update screen click the pencil icon to edit an existing address, or ‘Add new’ to enter a new address.
    4. Follow the prompts on the screens to save your address information.

  • To view the details of your award (including the award name, amount and payment method), login to ACORN and click My Awards.

    The Student Accounts Office will hold award refund cheques issued with international mailing address for a period of up to six months after the Award Refund date displayed on your ACORN invoice.

    Banks will not cash a cheque after six months from the date on the cheque (if cheque date is September 25, 2024 your bank will not cash the cheque after March 24, 2025).

    Update your mailing address or direct deposit information on ACORN:

    1. Update your direct deposit information (fastest and most secure way to receive your funds): watch this video or read the instructions here (under “Finances” click on “Direct Deposit”)
    2. Update your address to provide a Canadian mailing address: visit https://help.acorn.utoronto.ca/how-to/ for details on how to update your address

    After ACORN has been updated, contact the Student Accounts team through the Enrolment Services Service Portal http://uoft.me/enrolment-services, to arrange for the delivery of your award funds. Once you have logged into the UofT Service Portal, select the “Get Help” button and complete the form to request your refund.

    Indicate on the form which of the following applies to you:

    1. I’ve updated my direct deposit information. Your funds will be sent via electronic bank transfer. This is a two step process, and processing times vary. Student Accounts will re-deposit your refund cheque into your ACORN account. Then a direct deposit refund will be processed.
    2. I’ve updated my mailing address, please mail the cheque to the Canadian mailing address available in ACORN.
    3. Apply the award funds to my ACORN student account as payment towards my tuition.

    If you require additional assistance or would like to speak to someone to make alternative arrangements, please contact the Student Accounts team through the Enrolment Services Service Portal http://uoft.me/enrolment-services.

  • Your awards office has recorded the award to be processed as a cheque for pickup at the Student Accounts Office.

    Award refund cheques are produced on the first Wednesday after the Award refund date on your ACORN invoice.

    In the example, the award refund cheque will be produced on the Wednesday, October 30, 2024 (this is the first Wednesday after 2024-10-28)

    Cheques with Canadian addresses will be mailed by Canada Post.

     AWARDS
 2024 Fall
 UTAPS Grant (to be refunded)         $1,500.00CR

      

  $1,500 will be refunded to you
    		 
     REFUNDS
 2023 Fall
 Award Refund 2024-10-28 (cheque)      $1,500.00
    		 
    $1500 cheque will be produced on Wednesday Oct. 30 2024 (this is the first Wednesday after 2024-10-28)

     

    The Student Accounts Office will hold award refund cheques issued with international mailing address for a period of up to six months after the Award Refund date displayed on your ACORN invoice.

    Banks will not cash a cheque after six months from the date on the cheque (for example; if cheque date is September 25, 2024 your bank will not cash the cheque after March 24, 2025).

    Present your T-card as identification to pick up the cheque during business hours https://www.enrolment.utoronto.ca/registrar/

    Enrolment Services

    172 St. George Street

    Toronto, Ontario M5R 0A3