Scholarships Bursaries

1
Scholarships Bursaries Loans

• Financing Your Post-Secondary Education

2
Costs of Post-Secondary Education

• Tuition Books 5000 -7000
• Residence Meal Plan 7000-9000
• 14000/yr x 4 yrs 64 000
• (Figures based on an Honours Bachelors Degree
  Program at an Ontario University)

3
(No Transcript)
4
Where to get the ?

• Personal savings
• (from part-time employment)
• RESPs or other investments from parents

5
What if I dont have enough saved?

• Bursaries
• that is awarded but does not have to be paid
  back
• usually based on some area of need (eg financial
  need)

• Loans
• from a bank or from the government (OSAP)
• must be paid back with interest (some grace
  period)

• Scholarships

6
The Reality.

• No single source will cover all the costs
• BUT
• You can finance your education using a
  combination of these methods

RESP
OSAP
job
bank
mom
dad
Schl
Burs
7
Who Wins Scholarships?

• Students who
• Are involved in their community
• Participate in extra-curriculars
• Have good grades
• Have shown
• Leadership
• Initiative
• Determination
• Courage in the face of hardship
• Apply for them!

8

• offered by private companies
• Minimum academic average is lower
• Separate application form needed
• Examples
• Burger King
• Wendys

• Usually offered by univ or college
• Automatic consideration when you apply through
  OUAC / OCAS
• Separate application form not needed

• May be offered by private companies or
  univ/college
• Separate application form needed
• Examples
• Loran
• TD Canada Trust
• Chancellors Award

9
Getting Started

• Fill in the Scholarship Information Form hand
  it in to Student Services ASAP
• Do your research www.scholarshipscanada.com
• Set up a master calendar with deadlines
• Apply early
• Collect letters of recommendation from teachers,
  supervisors, etc.

10
Locating Scholarships

• Listen to the announcements
• Check the scholarship filing cabinet bulletin
  board in Student Services
• Search the web
• www.studentawards.com
• University college websites

11
Locating ScholarshipsOutside sources

• Your parents place of employment
• Your church or other religious organization
• Community groups such as the Optimists Society,
  Lions Club, etc.
• Banks major financial institutions

12
Letters of Recommendation

• Request the Letter of Recommendation in writing 3
  weeks prior to deadline
• Describe the scholarship criteria
• List the deadline date
• Provide a copy of the completed SIF
• Provide an addressed envelope (with a stamp)
• Write a thank-you note to your referee

13
Application Forms

• DO NOT hand-write the application
• DO complete a rough draft get a teacher to
  proof-read it
• DO NOT leave any sections blank
• DO read the instructions follow them
• DO NOT miss deadlines
• DO keep a photocopy of the application
• DO NOT TALK YOURSELF OUT OF APPLYING

14
Essays

• Read discuss the topic with a teacher
• Plan, plan, plan
• Organize your thoughts
• Be concise
• Edit, Edit, Edit
• Always follow the instructions carefully
• Have a teacher froop-read the final draft

15
Each year many scholarships go unclaimed!!!

• Look for smaller scholarships less competition
• Apply for everything that you qualify for

• Dont give up
• Believe in yourself

16
Where to Get More Information

• Other web sites visit esapostsecondary
  information.pbworks.com
• Resources in Student Services
• University College Representatives
• University College websites
• www.electronicinfo.ca

17
Hand in your completedScholarship Information
Formto Student Servicesby Thursday, Sept. 22,
2011.