IWIBM Payment & Policies
IWIBM is open to both undergraduate and graduate students. At the time of application, each student must be currently enrolled in, and recommended by, universities/colleges that are officially recognized by the national government agency for education within their respective country.
Program Fees
IWIBM Program: January 27– February 12, 2021
- Program Fee: $3,750 (CAD) + 5% GST
- A $500 + 5% GST deposit is applied to the program fee
- Final Registration Deadline: January 15, 2021
*Students can also register for only one module for the fee of $1,875 +5% GST
The application deposit must accompany each application and will be applied to the total program fees. The balance of the program fees will be due on or before the program start dates.
The program fee includes:
- Tuition
- Materials
Payment Options
Payments must be made to the University of Victoria Gustavson School of Business.
You may send payment by:
- International Money Order
Money orders should be in Canadian funds and made out to the University of Victoria, Gustavson School of Business. - Bank Wire
When sending a bank wire, make sure you complete the following: specify on the wire that the payment is for Winter Studies, Gustavson and write the student’s name clearly on the bank wire. Email a copy of the bank wire to iwibm@uvic.ca to confirm payment. Send bank wire to:Royal Bank of Canada
1079 Douglas Street
Victoria, BC V8W 2C5
CanadaTransit #08000
Institution #003
Account Number #000-009-1
SWIFT ROYCCAT2
Account name: University of Victoria, Gustavson School of Business (Re: Winter Studies) - Credit Card
We accept Visa, MasterCard, and American Express. Please register online.
Before Arrival (For on campus participants only)
Medical Insurance
All participants in the IWIBM program must have medical insurance prior to arrival. Medical insurance is the individual responsibility of each student. (Not applicable for online programs)
Travel Arrangements
Remember, when you are making your flight arrangements, that Victoria is located on Vancouver Island, west of the city of Vancouver, Canada and north of Seattle, USA. Therefore, make sure your travel agent knows that your final destination is Victoria and not Vancouver. Students who arrive in Vancouver will have to find their own transportation to Vancouver Island and the university.
English Requirements
IWIBM students are required to have a minimum TOEFL score of 500 (paper-based) or 173 (computer-based) or an equivalent English language level course in order to be accepted into the IWIBM program. If you do not have a TOEFL score or its equivalent, please complete the online registration form including the last section, which is an English language self-assessment form.
Visa Requirements
Good news! Under Canadian legislation, you do not need a student visa (study permit) to attend the IWIBM; however, you will need a letter of acceptance from the University of Victoria and a receipt for your tuition deposit before leaving your home country. You may be required to obtain a temporary resident visa in order to enter Canada for the term of study. For more information, visit Citizenship & Immigration Canada. Students must have an eTa to enter Canada. Please visit the CIC website for more information.
If you plan to travel to the United States while you are in Canada, ensure that you discuss this with your local immigration office to see if any additional paperwork is required before entering the U.S.
Refund and Cancellation Policies
Application deposits are fully refundable up to January 15, 2021 (less a $150 service fee). Cancellations received between January 16 and 24, 2021 are subject to a $525 cancellation fee. Tuition is non-refundable after January 25.
The University of Victoria reserves the right to cancel the program prior to the start date. In the event of cancellation, the university will return all deposits and tuition paid by the student at that time. The University of Victoria is not responsible for compensating students for travel arrangements. Students are advised to purchase cancellation insurance in the rare event that the program is cancelled.
Transfer Credit
The IWIBM program includes mandatory projects. Completion of program is equivalent to 6.0 credit-hours or 12 ECTS of course work. Before starting the program, you should speak with a representative from your respective faculty or registrar’s office to ensure that your home institution will recognize the IWIBM program for transfer credit. After completing the program, you will receive a letter of completion and an official academic record of grades from the University of Victoria Gustavson School of Business to give to your home school representative. However, securing credit at your home institution is your responsibility.
Scholarship
Gustavson School of Business recognizes that not all students are able to afford the IWIBM program fees. A limited number of partial tuition scholarships are available. To apply, please fill out the scholarship application form and submit to the IWIBM program office or email it to iwibm@uvic.ca by December 14, 2020.