Fees

The following fees are in Canadian dollars and are for 2010/2011. To these fees, you must add 13% HST (Harmonized Sales Tax).

Initial application for Mutual Recognition Agreement applicants (MRA) only no fee

Online Overview of Canadian Tax and Law (MRA)

$200
Application for membership (MRA) - fee is pro-rated depending on when in the year the application is submitted $942.67 (for applications submitted in September)

Application for transfer credits

$355

Transfer credits (this fee applies only to additional transfer credits granted after initial enrollment in the CGA program)

$55 for each additional transfer credit granted

Annual student fee (covers the cost of administration, student services, and publications)

$715

CGA professional studies courses (course fees include textbooks, lesson notes, CD/Internet-based resources, educational software, and examination fees)

Range from $210 to $1,280 per course

Challenge examinations (not including textbooks or software)

$295 per exam

Sage Accpac ERP 5.3A software (software required for several CGA courses that is not included in any course fee)

$115

CICA Handbook (published by the Canadian Institute of Chartered Accountants; required for several Level 4 courses; modules include accounting, assurance, and public-sector

$200 per module

Annual membership fee (includes membership in CGA Ontario and CGA Canada)

$743.58

Financial Support

The Bank of Montreal offers a line of credit to students in the CGA program. Students may borrow up to $6,500 a year to a maximum of $39,000 over six years. The line of credit can be used for tuition and course fees as well as for the purchase of books, computer equipment, and software.

Students in the CGA program may also qualify for the federal government’s Lifelong Learning Plan (LLP). This plan allows you or your spouse to withdraw funds from your registered retirement savings plan (RSP) to finance your CGA education. To qualify, you must enroll in courses in at least three sessions during the year during which you withdraw funds from your RSP. For more information, visit Canada Revenue Agency’s website.

Students in the CGA program are not eligible for the Canada Student Loans Program.