How to Finance College or University Liz Henriques Liaison & Recruitment Advisor George Brown College

So, how much will it really cost? ACTIVITYCOST Tuition Costs$5,581 Books$600 Other Fees$750 Accommodations$4,000 Food$3,500 Phone & Internet$700 Transportation$600 Entertainment$3,000 Total$18,650 Source: Information complied from school and program profiles on

Money you can get from us: Colleges & universities have money for you:  Some college/university scholarships are automatically offered to you; some require you to fill out an application.  Many scholarships & awards may be renewable (automatically or by application).  We post everything on our websites.

Money you can get from us: Our websites will have info about:  General entrance awards  Awards by program  Liberal Arts, Fine Arts  Business, Commerce  Science, Health Sciences  Technology, Engineering  Renewable awards  And external awards

Check local unions, clubs, etc. Ontario Public Service Employees Union opseu.org National Union of Public & General Employees nupge.ca United Food & Commercial Workers Union ufcw.ca Public Service Alliance of Canada Union psacunion.ca International Union of Painters & Allied Trades iupat.ca Communications Workers of America cwa-scacanada.ca Canada Employment & Immigration Union ceiu-seic.ca And there are more out there…just take the time to search!

Resources & scholarship info for students with a disability: National Educational Association of Disabled Students neads.ca Disability Awards disabilityawards.ca Autism Ontario autismontario.com Learning Disabilities Association of Ontario ldao.ca Centre for ADHD Awareness, Canada caddac.ca Each college or university will also have resources and/or financial aid for students with a disability.

Scholarship & award portals scholarships-grants.org scholarshipscanada.com yconic.com

College to university pathways:

How about crowdfunding!

Tips when applying for the free stuff:  Start early! Get your profiles, cover letters, resumes, & reference letters ready. You can even start in grade 11!  Time manage! Set aside 1-2 hours per week to work on them so they conflict with your homework & exams. Make sure you meet the deadlines, and keep copies of your applications & submissions.  Proffreed! cheque you’re speling and grammer!  Apply to many! The more you apply for, the better your odds - sometimes you might get one because you’re the only one who applied! Don’t overlook the smaller amounts, they often have fewer applicants.

Part II: OSAP Ontario Student Assistance Program

How OSAP is calculated: ALLOWABLE EDUCATION COSTS EXPECTED FINANCIAL CONTRIBUTION THIS IS THE AMOUNT YOU WILL GET Tuition & compulsory fees Books, supplies, uniforms, equipment Cost of living expenses (at home or away) Child care (if applicable) Student income & assets (minus $3000) Parental income Spousal income (if applicable) Your total may be a mix of bursaries, grants, scholarships (FREE) and the loan portion (REPAYABLE) Source:

Apply online for free!

How & When: Apply for OSAP MAY 2016 Get 60% for 1 st Semester MID SEPT 2016 Get 40% for 2 nd Semester MID JAN 2017 Apply for 2 nd year MAY 2017 Get 60% for 1 st Semester MID SEPT 2017 Get 40% for 2 nd Semester MID JAN 2018 REPEAT FOR YEAR 3 ( Academic Cycle) REPEAT FOR YEAR 4 ( Academic Cycle) GRADUATE APRIL 2020 START MAKING PAYMENTS OCTOBER MONTHS TO FIND EMPLOYMENT Apply to OSAP for Post-Grad MAY 2020 If approved, original loan will be put on hold – no interest incurred MID SEPT 2020 GRADUATE BUT WILL START NEW PROGRAM APRIL 2020 NOTIFY NSLSC

Online Aid Estimator Tool

What is proposed in the new budgets? Families with income under $50,000 will receive more grant money = free tuition (???) Families with income under $83,000 will receive more grant money New graduates will not have to start repaying their outstanding loans until they are earning $25,000 or more. Elimination of Education & Textbook Tax Credit NEW for 2017 & beyond…

Source: More Grant Money Less Loan Money

NEW for 2017 & beyond… Source: Slightly more Grant Money More Loan Money Parental contribution not needed

Al’s advice: Al Kurtz Retired Financial Assistance Consultant George Brown College 1. Apply early It takes 6 to 8 weeks to process your application. (June 30 th is a “guideline” date for September) 2. Be honest with all the financial information reported. Document everything; keep receipts. 3. Check your OSAP regularly Regularly for messages, missing info, etc. 4. OSAP is for SCHOOL (not spring break trip, betting your friend to shave his head) 5. Still don’t have enough money? Speak to a college/university financial advisor; they can sometimes get you more money. “Things-all-students-need-to-know-about- OSAP-before-they-fill-out-the-application”

Information about RESPs smartsaver.org canlearn.ca cra-arc.gc.ca

Use your Aeroplan points!

Websites, my , thanks & good luck! Liz Henriques Liaison & Recruitment  ontariocolleges.ca  electronicinfo.ca  scholarshipscanada.com  scholarship-grants.org  loblawscholarship.ca  yconic.com  contestscanada.net  dosomething.org  ontransfer.ca  osap.gov.on.ca  fundyourfuture.ca  cra-arc.gc.ca  canlearn.ca  smartsaver.org  higheredpoints.com  neads.ca  disabilityawards.ca  autismontario.ca  ldao.ca  caddac.ca