Tuition Deposit

To reserve your seat, a tuition deposit is required from students entering a new program. Payment must be received by the specified date on your early or full admission letter. Confirmation that your tuition deposit has been received will be sent to your Olds College email address and instructions are provided to request an official receipt.

See also: How to Pay Your Tuition

How Much do I Owe?

The following programs require a $300 tuition deposit:

The following program requires a $2,500 tuition deposit:

• Heavy Equipment Operator

International students

International students admitted to any program are required to pay a $1500 tuition deposit.

When is my deposit due?

• Within 30 days: if you are admitted 4 or more months prior to program start date

• Within 2 weeks: if you are admitted within 4 months of the program start date

• Within 2 weeks: if you are offered a seat from a waitlisted program

• Due immediately upon admission: if admitted within 2 weeks of the program start date for any program

• Due within 2 weeks upon admission to any competitive entry program: regardless of admission date for Animal Health Technology (AHT)

Your admission letter will state your tuition deposit deadline date.

Tuition and Fees Payment Methods

Tuition Deposit Refund Policy

Domestic applicants:

Fully refundable: if you cancel admission up to 4 months prior to the program start date (i.e. September 5th program start date, tuition deposit is refundable if you cancel on or before May 5th)

Non-refundable: if you cancel within 4 months of the program start date (i.e. September 5th program start date, tuition deposit is non-refundable if you cancel after May 5th)

International applicants: 

Fully refundable:

• if admission is cancelled up to 4 months prior to the program start date (exception: non-refundable if a Study Permit application has been approved), the tuition deposit and any tuition and fees paid is fully refundable.

Partial refund: 

• if admission is cancelled within 4 months prior to the program start date, and proof is provided that the Study Permit application was denied, a partial refund will be issued.  The tuition deposit minus a $300 administration fee, and any additional tuition and fees paid will be refunded.  Study Permit denials are not eligible for a Deferral of Admission.

• if admission is cancelled within 4 months prior to the program start date, and proof is provided that the Study Permit application has not yet been processed, a partial refund will be issued.  The tuition deposit minus a $300 administration fee, and any additional tuition and fees paid will be refunded.

  •  Alternatively, a one time Deferral of Admission may be requested:
    1. Requests for a Deferral of Admission must include proof of the Study Permit application not yet being processed (e.g., screenshot of IRCC portal indicating 'in-progress' within 5 days of the request).
    2. In this case, the full Tuition Deposit and any paid tuition and fees will be held for the next intake. 
    3. Tuition and fee rates will be based on the rate at time of attendance (e.g., tuition and fee rates may be higher if the applicant attends the following academic year).

Non-refundable:

• if admission is cancelled anytime after a Study Permit application has been approved, the tuition deposit and any first term tuition and fees paid are non-refundable.

• if admission is cancelled within 4 months prior to the program start date, and proof of Study Permit denial or 'in-progress' status is not provided.

• if notice of cancellation is not provided.

Additional Refund Information:

• Olds College refund guidelines are based on the program the student is enrolled in.
• To determine when a refund will be granted, please refer to Programs Dates and Deadlines found on specific program pages.
• Further information can also be found through our Student Fee Policy.