INTRODUCTION This report provides information on planned and actual student enrolment for the University’s 2025-26 fiscal year and lays out the enrolment projections for the five-year planning period to 2030-31. Student enrolments drive the largest portion of the University’s operating revenues with approximately 85% of the budgeted $3.66 billion in operating revenue for 2026-27 related directly to planned enrolment through tuition in credit-bearing and life-long learning programs, as well as enrolment- and outcomes-driven provincial operating grants and other student fees.
The University of Toronto is Canada’s flagship university and among the top ranked universities in the world; with over 100,000 students, the University is unique in its combination of scale, excellence, accessibility for domestic students, and international scope. Commensurate with U of T’s global reputation, students have access to top global minds in the classroom, cutting edge labs and worldwide partnerships, and graduates are equipped with a world-class degree and the skills, experiences, and connections for a lifetime of career possibilities.
As context for the University’s enrolment plans, this report includes information on the broad lifecycle of learners from application and admission, enrolment in programs, and on to completion and employment. The report also highlights activities in life-long learning such as continuing education and micro-credentials. The Enrolment Report 2025-26 describes the current and planned enrolment activities and priorities of the University, setting them in the larger strategic context and fiscal environment in which the University operates. There are many ways that enrolment activity across programs can be measured.
This report provides highlights of some key enrolment information throughout the text and additional details can be found in the Appendices. As an accountability report to Governing Council, this Enrolment Report includes information on the enrolment activities of this past year, performance against plan, and future planning targets and assumptions that underpin the University’s 2026-27 Budget and Long-Range Budget Guidelines. The report should be regarded as an authoritative source on institutional enrolment information for 2025-26 and planned levels over the five-year budget horizon. Enrolment Report 2025-26 2 University of Toronto