Payments

Payment by online banking/direct banking through your financial institution is the preferred method.

To pay using this method: 

1. Log in to your financial institution's online banking website. 
2. Set up Wilfrid Laurier University as a payee. 
3. Enter your student number as your account number. 

We encourage you to make payments at least three days in advance of a fee due date to ensure your payment makes it on time.

Note: Laurier does not accept e-transfer payments.

To confirm we've received payment: 

1. Log in to LORIS.
2. Select the Student Services tab.
3. Select Student Account Summary.

Laurier offers an international payment option through CIBC International Student Pay. Log on to the secure online portal to initiate a payment with your preferred method and currency from anywhere in the world at any time.

To make a payment: 

1. Log in to the CIBC International Student Pay portal. 
2. Enter your Laurier username and password.
3. Provide your payment details: 
   • Enter your tuition amount in Canadian dollars. 
   • Select your country and payment currency. You’ll be shown the amount required in your preferred currency to pay your student fees in Canadian dollars based on the competitive Foreign Exchange rate CIBC is providing.
   • The quoted exchange rate is locked in for 72 hours, meaning there are no currency fluctuations while you finalize your transaction during this time.
4. Choose your payment method: International Bank Wire, ACH Direct Debit for U.S. bank accounts, Visa/MasterCard debit and credit cards, and China UnionPay credit and debit cards.
5. Enter payer details (for example: you, your parents, or an agent acting on your behalf). 
6. Track your payment: Select Track Your Payments in CIBC International Student Pay portal.

If you choose bank wire payment, initiate the transfer by printing the payment instructions and reference code. You must bring this information to your local bank within 72 hours. Your bank will follow the instructions to complete the fund transfer.

IMPORTANT NOTE: When submitting subsequent bankwire payments, it is important that you use the CIBC payment portal to initiate your payment each time to ensure that your payment is tracked and connected to your student account in order to be applied upon receipt.  Bankwires where a payment is not initiated through the CIBC payment portal may not be identified and will be rejected and returned to the original sender. 

Any/all fees as a result of unidentified/rejected payments will be the responsibility of the student and will not be eligible for reimbursement or late fee reversals.

To learn how to make a payment, watch the ‘how to’ video in your preferred language: English ;French ; Hindi ; Chinese (Simplified); Chinese (Traditional); Spanish

Benefits of the International Student Pay Platform

• Easily make payments in your preferred currency through an online portal.
• Benefit from competitive currency exchange rates provided to your school by a leading global bank
• Conveniently choose from any of the following payment methods: International Bank Wire, ACH Direct Debit for U.S. bank accounts, Visa and MasterCard debit and credit cards, and China UnionPay credit and debit cards.
• Easily track their payments online and receive ongoing status updates until their payment is complete
• Security of a Leading Canadian Financial Institution: With CIBC you can trust that your payment will be transferred in a secure and timely manner.

Need Help?

Contact CIBC International Student Pay Support:

• Calling from:
  • India (toll free): +1800121661661;
  • North America (toll-free):+18446378898;
  • Anywhere else in the world: +919071373838
• Email Studenthelp@cibc.com

Eligibility

To obtain funds from your Registered Education Savings Plan (RESP), you must be enrolled full-time in a qualifying postsecondary degree program. Each financial institution sets their own policies regarding information required to withdraw money from an RESP fund.

Documentation/Proof Requirements

Your financial institution may require proof of your enrolment at Laurier before they will release your funds, which includes:

• Academic institution name.
• Academic program.
• Number of years of academic program.
• Year of current study (e.g. first year, second year, etc.).
• Academic year length (i.e. number of weeks of study in current academic year).
• Academic year start date.
• Other information as required by your financial institution.

Some financial institutions will require a copy of your invoice, or proof of enrolment.

Withdrawal Notice to Financial Institutions

Withdrawals from an RESP often require advance notice at the financial institution to ensure the funds are available before the term due date.

We recommend that all students contact their financial institution in advance of the fee due dates each term to confirm what information and documentation will be required to process their withdrawal.

Tuition Due Dates

Due dates each term cannot be extended to accommodate delays in the processing of an RESP withdrawal.

For information about paying your tuition fees with Ontario Student Assistance Program (OSAP), see our OSAP information page.

For information about paying your tuition fees through a third-party sponsorship, please see the  Sponsorship information page.

Higher Ed Points allows you to apply TD and Aeroplan reward points towards your tuition and fees. You can do this for any credit course. Continuing Studies non-credit courses are not eligible.

How to Use Points

Sign up with Higher Ed Points and follow the steps for your loyalty program.

Once you've completed the transfer, it will take about three to four business days for the points to be applied to your student fee account.

Find detailed information and instructions at HigherEdPoints.com.

We do not accept any of the following payments/methods:

• cash
• credit card payments
• cheque payments
• BitCoin
• third-party services (such as Plastiq, Western Union, FlyWire, etc.)
• other payments made outside of the above outlined accepted payment options

Payments made to student financial accounts are for the sole intents and purposes of tuition and fees assessed and will first and foremost be applied to tuition and fees owing on the student account. 

Payments made for any of the following listed below may be subject to further review and may be required to be held on the student financial account in order to be applied to future tuition and fees assessed to accounts and may not be eligible for standard refunding processes:

• Where payment is over and above assessed amounts
• Where payment is for fees and/or services not owing, invoiced, and/or assessed to the student account
• Where payment is for fees charged by other university departments and/or groups, etc.) that were not assessed to the student account
• Where payment is for fees for personal and/or living expenses