Money Matters
A post-secondary education can be a very expensive undertaking. For example, if you plan to attend college your costs may range from $8,000 to $16,000 + per year. Likewise, the cost of a university education can vary from $10,000 to $25, 000 + per year. The great variance is a result of many factors, including which program you register in, and whether you are living at home, in residence, or off-campus. That being said, the cost of education can be quite prohibitive for many families; however, there are many financial resources which you may be eligible to access. There are government programs such as Ontario’s 30% tuition rebate and OSAP which have easy on-line applications. Universities and colleges also offer a wide range of scholarship / bursary opportunities – simply check their websites for further information and application deadlines. Many students also find on-campus (work-study grant) and off-campus employment which can also serve to minimize the financial “hit” of a post-secondary education. Also, many parents have RESP’s which they can tap into once their child commences their studies. The following links, although not exhaustive, represents a good starting place to begin your search for funds:
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- What is OSAP? (https://www.ontario.ca/page/learn-about-osap)
- Register for OSAP:(https://www.ontario.ca/page/osap-ontario-student-assistance-program)
- First Time Full Time OSAP Applicants Must Complete an OSAP Information Module: (https://www.ontario.ca/page/osap-ontario-student-assistance-program#section-11)
- Check individual schools for bursary and in-course award opportunities (See U of W examples below).
- Ultimate Guide: Financing Your Education (https://uwaterloo.ca/future-students/missing-manual/guides/financing-your-education)
- How to Pay for University: https://uwaterloo.ca/future-students/financing/how-to-pay-for-university)
- (How To Find and Apply to Scholarships: (https://uwaterloo.ca/future-students/missing-manual/money/how-find-and-apply-scholarships)
- New: Ontario Learn and Stay Grant: https://www.ontario.ca/page/ontario-learn-and-stay-grant (Grants covering tuition, books and supplies for selected health-related programs)
- Seeking Scholarships – Workshops On Planning and Funding Post-Secondary Education: (https://seekingscholarships.com/)
- 10 Tips to Help You Win a Scholarship: https://schools.wrdsb.ca/fhc/files/2018/08/10-TIPS-to-help-you-win-a-scholarship.pdf (Source: Glenda Healy: “Seeking Scholarships“)
- Scholarships Search Engines
- https://about.rogers.com/our-impact/ted-rogers-scholarships/
- https://portal.scholarshippartners.ca/welcome/Rogers-Legacy-EN/
- STEM: $120K Engineering, $100K Math and Science – https://schulichleaders.com/
- Loran Scholarship: https://loranscholar.ca/the-program/how-to-apply/ ($100K+)
- www.scholarshipscanada.com
- https://studentawards.com/
- https://www.canada.ca/en/services/benefits/education.html
- www.ontarioscholarships.ca/
- https://www.universitystudy.ca/plan-for-university/scholarships-grants-and-bursaries-for-canadian-students/
- www.campusaccess.com/financial-aid/
- https://opportunitydesk.info/full-list-of-canadian-scholarships/#gsc.tab=0
- www.resurrection.wcdsb.ca/4Students/Guidance/Scholarships/
- U of W Scholarships by Faculty: (https://uwaterloo.ca/future-students/financing/scholarships?utm_source=mailchimp&utm_medium=email&utm_campaign=mur_newsletter)