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McMaster Students Union

Your Money

The MSU operates on a single operating fee, collected annually from full-time undergraduate students. The 2021-2022 MSU Operating fee is $137.01. The MSU oversees the good governance of other students fees as well, including the student health and dental insurance premiums and the HSR bus pass fee. Below is a breakdown of the fees collected by the MSU, as well as McMaster University, and various faculty / program socialites. In addition, the MSU’s annual operating budget, along with multiple years’ audited statements can be found on this page.

Annual MSU operating budget, as approved by the Student Representative Assembly:

2020-2021 MSU Operating Budget

The MSU subjects itself to an annual audited of its financial operations, conducted by experts in the field:

2019 Audited Statements
2018 Audited Statements
2017 Audited Statements

Detailed student fee information:

A pie graph illustrates the various amounts of money a student pays in fees. The HSR bus pass is $233.94. The MSU Organization fee is $137.01. The Dental plan premium is $129.90. The Health plan premium is $103.72. The CFMU 93.3FM fee is $14.11. The Student Refugee Scholarship fee is $1.68.