The TDSB has developed a financial assistance program to ensure equitable access to the International Baccalaureate (IB) program. All students whose family income is less than $75,000 will receive some form of financial assistance for the IB program.
How do I apply for financial assistance for my child?
To apply for financial assistance for the IB program, please complete the online application form and submit a copy of your 2018 T1 personal income tax return (line 236 from notice of assessment or reassessment). This application process is similar to the process for applying to other financial assistance programs, like OSAP and the City of Toronto’s childcare subsidy program.
How much financial assistance am I eligible to receive?
All students whose family income is less than $75,000 will receive some form of financial assistance for the IB program.
Financial Assistance
|
Family Income Level
|
Less than $30K
|
$30K to $50K
|
$50K to $75K
(with 3 or more dependents under 16)
|
$50K to $75K
(with 2 or fewer dependents under 16)
|
|
Financial Assistance
|
$1,500
|
$1,500
|
$1,000
|
$500
|
|
Annual IB Registration Fee Due (Less Financial Assistance)
|
$0
|
$0
|
$500
|
$1,000
|
What is the deadline to apply?
The deadline to apply for financial assistance for IB has been extended to August 15, 2020.
When and how will applicants be notified?
Parents/guardians will be notified of their financial assistance status by email within 3 business days from the date of submission of the application.
Will all qualifying students receive financial assistance?
All students who qualify based on family income level will receive financial assistance.
Is the application process confidential?
Yes. The TDSB’s IB financial assistance program is managed by the Business Services department to ensure privacy and confidentiality.
Where does the money for the financial assistance come from?
The funds come from the TDSB’s Central Equity Fund. The Central Equity Fund was established to support students in schools across the TDSB to ensure equity of access to learning opportunities.
Will financial assistance be available in future years?
Yes. Financial assistance will be available in future years.
What are the fees for the IB Diploma Program?
Starting in the 2020-21 school year, there is a registration fee of $1500 in Grade 11 and $1500 in Grade 12 for the IB program.
Is there a fee for pre-IB?
There is no fee for pre-IB (Grades 9 and 10).
When is payment due?
IB registration fee payment for the 2020-21 school year is due on August 15, 2020. Parents/guardians have the option of paying in full any time before this deadline, or paying in installments.
If parents/guardians submit a financial assistance application on August 15 (the deadline to apply for financial assistance) and do not qualify for a full subsidy, payment is due upon notice of financial assistance status.
How do I make a payment for my child’s IB registration fees?
In February 2020, the TDSB will start the billing process for the 2020-21 school year for full fee and partial fee paying students. Students receiving the financial assistance for the full amount will not receive notifications for payment.
To pay your registration fee, please log in to the TDSB School Cash Online site and register for an account if you don’t already have one. Once logged in using your username and password, you will be asked to add a student. Please make sure the student attending the IB program is added to your School Cash Online account. The IB fees for the student will appear in your account. You can then choose to pay either in full, or in two, three, four or five equal monthly instalments, withdrawn from your account on the first of each month beginning March 1, 2020.
For questions regarding the School Cash Online system, please contact us at BusinessHelpDesk@tdsb.on.ca.
How do I obtain a copy of my 2018 T1 Personal Tax Return (Line 236 Notice of Assessment or Reassessment) as proof of income?
Your Notice of Assessment is a receipt for filing your T1 Personal Tax Return to the Canada Revenue Agency (CRA). The CRA sends you a Notice of Assessment when you file a tax return, and it details the results of your assessment and is sent to you after your return has been processed. Your Notice of Assessment outlines your assessed “net income” amount on Line 236 of the tax return, which will be used in determining eligibility for the IB program’s financial assistance program. You may have received a paper copy of this document from the CRA by mail, or you can also access a copy of this document through the CRA My Account site. Simply log in to your CRA account and you will be able to print a copy of your Notice of Assessment directly from the site. For more information, please visit the CRA website
Are IB registration fees refundable?
IB registration fees paid on or before August 31, 2020 are fully refundable. Notification from the parent/guardian of the cancellation must be received on or before August 31, 2020 to qualify for a refund.