FMUA FEES

Winter 2023 Term fee: Members pay $300.00 through three (3) fees.

Fall 2022 Term fee: Members pay $300.00 through three (3) fees.

Winter 2022 Term fee: Members pay $300.00 through three (3) fees.

Fall 2021 Term fee: Members pay $300.00 through three (3) fees.

WINTER 2021 TERM FEE: Members pay $157.00 through three (3) fees. Fees were reduced due to the covid-19 pandemic.

Fall 2020 Term FEE: Members pay $157.00 through three (3) fees. Fees were reduced due to the covid-19 pandemic.

2019-2020: Members pay $700.00 through three (3) fees. 

2018-2019: Members pay $700.00 through three (3) fees. 

2017-2018: Members pay $700.00 through three (3) fees. 

2016-2017: Members paid $900.00 through four (4) fees. The Clubs, Events, and Services Fee expires after this year.

Winter 2021 Term Fee ($157.00)

Due to the ongoing COVID-19 pandemic, the Office of the Vice-Provost, Students (OVPS) has asked student societies to reconsider their events, services, and programming for the upcoming semester, and to consider reductions for the Winter 2021 term fee.

After reducing our Fall 2020 term fee from $300 to $157 (~48% reduction), we have also reduced our Winter 2021 term fee from $300 to $157 (~48% reduction). For more information, visit our website at www.fmua.ca. If you have any questions, please email us at fmua@utoronto.ca.

Fall 2020 Term Fee ($157.00)

Due the COVID-19 pandemic, the Office of the Vice-Provost, Students (OVPS) asked student societies to reconsider their events, services, and programming for the upcoming year, and to consider reductions for the Fall 2020 term fee. In June, the FMUA Executive Committee met to discuss what events and services the FMUA could offer remotely this upcoming year.

After reconsidering our Fall 2020 term fee, we have reduced it from $300 to $157 (~ 48% reduction). We will be providing a list of our services in the upcoming weeks. If you have any suggestions, please let us know! For more information, visit our website at www.fmua.ca. If you have any questions, please email us at fmua@utoronto.ca.

Student Society Fee
($100.00 yearly)

 

The FMUA Student Society Fee is the core funding for the organization and its operation. The fee covers external staff wages, operating costs of the office, banking, legal and accounting services, and the cost of providing services to students.

FMUA Special Projects Fund
($400.00 yearly)

The FMUA Special Projects Fund funds co-curricular activities and initiatives put forward by the association, its membership, and the Faculty of Music. Example initiatives includes the purchasing of equipment used for co-curricular activities, production of co-curricular events, operation of co-curricular services, and funding for co-curricular experiences that directly enhance the experience of Faculty of Music undergraduate students. 

The goals for all projects supported by the FMUA Special Projects Fund are as follows:

  1. That they go above and beyond what is merely necessary for the delivery of a music degree via co-curricular events, services and projects.

  2. That they, whenever possible, be for capital and not operating expenditures. Exceptions may be granted for approved projects which are services and require yearly contributions. 

  3. That the magnitude of the expenditure is proportional to the number of students impacted.

  4. That funds be allocated in an equitable but not necessarily equal fashion so that all members may reap the benefits of the fund. 

  5. That all proposals submitted be made available to the membership for feedback for at least two weeks before approval or rejection and that all approved projects be made available to the membership.

At the end of each fiscal year, any leftover funds that have not been spent due to lack of qualifying submissions may be transferred to the FMUA Endowment Fund.

FMUA Endowment Fund
($100.00 yearly)

Interest earned from the principal is spent using the same criteria as the FMUA Special Projects Fund. In addition, the principal of the fund can be spent on capital projects such as building renovations and student space construction in the future when the need arises. Such decisions shall be brought forward to the membership at a General Meeting of the Faculty of Music Undergraduate Association. 

The goals of the FMUA Endowment Fund are as follows:

  1. Establish a permanent endowment for the improvement of student facilities and co-curricular events and services at the Faculty of Music, and the operation of the FMUA and its Clubs. 

  2. In the short term, reduce the cost of the FMUA Special Projects Fund by offsetting it with income from the FMUA Endowment Fund.

  3. In the long term, replace the FMUA Special Projects Fund with the associated gains of the Endowment Fund.

  4. Create a long-term financial plan for provision of student space within capital projects and renovation of new student space. 

  5. To solicit matching contributions to the FMUA Endowment Fund from donors and benefactors.

At the end of each fiscal year, any leftover funds that have not been spent due to lack of qualifying submissions may be reinvested in the FMUA Endowment Fund.