Money Doesn't Grow On Trees

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Money Doesn't Grow On Trees
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Building Relationships with Students

• Increased Communications
• Email Notification
• Note-Box
• E-Chats
• Maintaining OSFS Mailbox
• Addressing students concerns and queries

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Building Relationships (cont)

• Enhancing One-On-One Interviews
• Providing Options and Alternatives
• Examining In-House Student Practices ? Each
  student leaving with a referral in hand
• Web-Site
• Web-Based Document Tracking
• Goal ? To reduce frequent calls and visits by
  having increased relevant information available
  on the site

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Building Relationships (cont)

• Out-Reach Programs
• Professional Speakers
• Murray Baker, author of The Debt-Free Graduate
  spoke at last years orientation
• Participation in Fall/Winter Orientation Sessions
• Recruitment Fairs and Parent Orientation
• SFS always remains aware of the admissions cycle

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Building Relationships (cont)

• Student Client Services
• SFS Goal for SCS
• Goal Facilitated By
• Colleges
• Facilitated Orientation Sessions
• SFS Goal for Colleges
• SFS Continued Plan

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Encourage Students to KEEP

• Keenness
• Entrepreneurship
• Excellence
• Perseverance

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Keenness

• As far as awards and scholarships are concerned
• Look Early
• Millennium Excellence Entrance Awards
• York Undergraduate Entrance Award
• Prep Early
• Write, re-write and re-write.
• Submit Early
• Dont wait until the last minute.

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Entrepreneurship

• Look into different sources of funding.
• A combination of different sources of funding is
  now required personal and family savings, loans,
  grants, bursaries, scholarships, work income
• Where to look
• Internet search, i.e. External Awards webpage at
  www.yorku.ca/osfs
• Future Students page

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Excellence

• Strive for Excellence
• In all their current and remaining high school
  courses, to the very last final exam.
• York Entrance Scholarships based on final
  averages
• In their leadership, volunteer and
  extracurricular activities.
• In completing their scholarship applications.

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Perseverance

• Continue to search for financial aid
  opportunities
• After admission to preferred program
• Once registered for courses
• Throughout university career
• Where to look
• Awards web search at www.yorku.ca/osfs

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Student Assistance Enhancements Benefits to
135,000 Low and Middle Income Students

• 49 million in 06-07
• 41 million in 07-08
• 32 million in 08-09
• 44 million in 09-10

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Harmonized Federal Provincial Initiatives for
2005-06

• Increase in loan limits
• Canada Access Grants
• Computer allowance as costs
• Reduced parental contribution
• Frozen tuition for 05-06

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1) Increase in Weekly Loan Limits

• Single 350 350 x 34 11,900
  
• Married 545 545 x 34 18,530
  
• Sole Support 545
• Ontario Student Opportunity Grant levels remain
  unchanged
• 7000 for two-terms
• 10,500 for three-terms

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2) Access Grants for 1st and 2nd Year Dependent
Students for Low Income Family

• Millennium/Ontario Access Grants up to 3000 (1st
  year)
• Canada Access Grants up to 3000 (1st year )
• Ontario Access Grants up to 3000 (2nd year)
• Based on net family 2004 income
• Replaces loan assistance

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Canada Access Grant for Students with a Permanent
Disability Up to 2000
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Example 1

• Single dependent 1st year student
• Living in residence
• Family of 4, 2 dependents
• Parental income of 28,000
• Results 2005-06
  2004-05
• Canada Access Grant
  1,750 n/a
• Federal loan
  5,390 5,610
• Millennium/Ontario Access Grant
  1,750 n/a
• Provincial loan
  3,010 3,730
• Totals 11,900 9,340

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Example 2

• Single Dependent 2nd Year Student
• Living in residence
• Family of 4, 2 dependents
• Net family income 34,000
• Permanent disability
• Results 2005-06
  2004-05
• Canada Access Grant Permanent Disability
  2,000 2,000
• Federal loan 5,995 5,610
• Millennium Bursary 3,000 3,000
• Ontario Access Grant 1,560 n/a
• Provincial loan 200 740
• Totals 12,755
  11,350

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3) Computer Allowance of 500 Considered as
Costs4) Reduced Expected Contribution from
Parents

• Family of 4, one child in postsecondary,
  attending a 34-week program of study

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Contact Information

• Nevia Jelenic njelenic_at_yorku.ca
• Marcia Howell mhowell_at_yorku.ca
• Jiffin Arboleda arbolej_at_yorku.ca