The cost for the 2012-2013 program is CDN $78,000. This includes:
- All tuition and fees.
- Accommodation and most meals during the first residence week, The Reflective Mindset module.
- Continental breakfast, most lunches and coffee breaks during the program at HEC Montréal and McGill University.
- Travel, majority of the meals and accommodation for the international 10-day residence, The Worldly Mindset module.
- Books and course materials.
- $8,000 CDN due with the letter confirming program participation
- $35,000 CDN due by October 26, 2012
- $35,000 CDN due by February 15, 2013
Please note: payments are non-refundable.
Applicants accepted to the McGill – HEC Montréal EMBA are invited to contact Desjardins to apply for a tuition loan at preferred rates. For further details on the exclusive offer, please visit the following webpage http://www.desjardins.com/emba-mcgill-hec or contact Vincent Vigneault, Account Manager, Specialized Financial Services at Carrefour Desjardins:
Montreal area: 514-281-7000, ext. 7305
Long distance: 1-866-866-7000, ext. 7305
You may be eligible for the Lifelong Learning Plan (LLP) which permits you to make tax-free withdrawals from your RRSPs of up to $20,000 over several years, to help finance your EMBA program. Please visit the Canada Revenue Agency web site for more information.
Scholarship for the Non-Profit Sector
A scholarship for a candidate from the non-profit sector may be made available and awarded based on merit and need.
On the space provided on the application form, please indicate if you are applying for a scholarship. Scholarship applicants will be contacted directly and may be requested to provide documentation such as the organization’s annual report, mission statement and/or a letter from the BOD supporting the applicant’s candidacy.
Tax Credit for Tuition Fees
At the end of the calendar year, the program will issue official receipts for tax purposes. These receipts cover a single calendar year.
1. Tuition tax credit [form T2202A]
The 2010-11 McGill – HEC Montréal EMBA program fees total $72,000. 73.5% of theses fees are eligible for the tuition tax credit.
Where part or all of a student’s tuition is paid by the employer, the student can request a tuition tax credit for this portion, if the amount is also reported as income or a taxable benefit.
An employer that pays an employee’s tuition may deduct that cost as a business expense.
2. Education tax credit [federal only]
Students enrolled in the McGill – HEC Montréal EMBA are eligible for the Education tax credit of $400 per month.
In all cases, candidates should contact their tax advisor to clarify the specifics of their situation.