Financial Overview


Tuition Fee: $38,800
Initial Enrolment Fee: $8,000 (one-time non-refundable payment in addition to tuition fee; siblings of current and past Greenwood students receive a $3,000 deduction on this fee).
When comparing independent school tuitions, it is important to consider what is and is not included in your fees. Unlike many schools, Greenwood’s tuition fees cover:

  • Outdoor education (with the exception of optional experiences)
  • Student Success Centre resources
  • Local field trips
  • Team entry fees and transportation for local, same-day extracurriculars (e.g. athletics and arts) and field trips
  • Service learning initiatives
We strive to keep additional charges to a minimum. Exceptional instructional materials, overnight trips (other than the outdoor education program), textbooks, uniforms and optional charges such as Café and School Store purchases are not included in the tuition fee and will be billed accordingly.

List of 5 items.

  • Payment Plans

    Single Payment Plan - $38,024 (2% Cash Discount)
    Single PaymentDue February 19, 2021$38,024
    Standard Payment Plan - $38,800
    First Fee InstalmentDue February 19, 2021$13,000
    Second Fee InstalmentDue July 1, 2021$12,900
    Third Fee InstalmentDue December 1, 2021$12,900
    Monthly Payment Plan - $39,058 (1% Carry Charge)
    First Fee InstalmentDue February 19, 2021$13,000
    10 monthly payments*April 30, 2021 to
    January 31, 2022

    **Monthly payments may be made via online banking due by the end of each month, or 10 post-dated cheques may be mailed to the school.**
  • Payment Options

    Payments may be made by cheque (made payable to Greenwood College School) or via automated bank machine, bank branch, telephone or online banking at the following financial institutions: Bank of Montreal, CIBC, National Bank, RBC, Scotiabank, HSBC and TD Canada Trust.

    You will require your “Student ID” when registering with the online banking bill payment service. The ID is located in the top right-hand corner of your Student Billing Statement and is a five-digit numeric code. Note: We regret that we are unable to accept credit cards in payment of fees.

    Student Billing Statements are emailed monthly to the email account(s) provided, unless the account has a zero balance. Late payment charges will be assessed for outstanding accounts at the rate of 1% per month (12% per annum).
  • Financial Assistance

    Greenwood offers limited financial assistance to a small number of families, both current and incoming. We are hopeful that in the years to come, philanthropic support of our endowed funds will continue and the available funds will increase.

    This program is made possible by the Greenwood College School Foundation. The Foundation was created in 2003 to oversee endowment funds established through philanthropic support of the school.

    Families wishing to apply for financial assistance must complete the Financial Aid for Canadian Students (FACS) application through Apple Financial Services, a third-party financial aid service. Apple Financial will conduct a means test to recommend to the school the amount of financial assistance needed by the applicant. 

    The deadline to submit your completed application for financial assistance is December 1st. Applicants awarded financial assistance will be notified on or immediately following the admission offer date. All applications for financial assistance are reviewed and evaluated independently from admission applications.

    For more information about student financial assistance, please contact Kelly Giannoccaro, Vice-Principal, Finance & Operations.
  • Fee Policies

    Notice is required in writing to the Principal in the event a student withdraws after enrolment. The reason for withdrawal has no effect upon any fee payable. If written notice of withdrawal is received:

    On or before July 1, 2021
    • $13,000 is payable to the school through the forfeiture of the first fee instalment.
    After July 1, 2021
    • 100% of the annual tuition fee is payable to the school.
  • Computer Equipment

    A laptop device that meets or exceeds our hardware requirements is required for all students. Students may purchase a computer through our third-party supplier or participate in the "Bring Your Own Device" (BYOD) program. Please refer to our comparison chart to determine which program better suits your child's needs.

    It is expected that when properly maintained, the equipment will meet Greenwood’s computer requirements for three years.

Greenwood College School

443 Mount Pleasant Road
Toronto, ON M4S 2L8
Tel: 416 482 9811