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What you need to know about scholarships and bursaries.

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Presentation on theme: "What you need to know about scholarships and bursaries."— Presentation transcript:

1 What you need to know about scholarships and bursaries

2  Monetary award based primarily on academic merit  Selection criteria may also include leadership sports & extracurricular activities volunteer work & community involvement  Two types: 1. automatic considerationhttp://ceosatgsu.files.wordpress.co m/2011/08/question_clipart.gif 2. need to apply

3  entrance scholarships  no application necessary  automatically awarded upon entrance to a school or program  based on high school grades: * Scholarships are renewable with an A- standing Entrance Scholarships ValueAdmission average $16,000$4,000 x four years*95 – 100% $12,000$3,000 x four years*90 – 94.9% $8,000$2,000 x four years*85 – 89.9% $4,000$1,000 x four years*80 – 84.9%

4 WHO IT’S FOR: Ontario students who have shown academic excellence in high school AMOUNT OF AID: minimum of $100 maximum of $ 3,500 per year HOW TO APPLY: Complete OSAP Application for Full- Time Students If you want to apply for the basic merit amount only ($100), complete the QEIIA4T Application for Basic Merit Amount YOU SHOULD ALSO KNOW: Students who maintain the scholarship eligibility criteria can automatically be considered for renewal (for up to four years in total) (2) Need to apply

5  Based primarily on financial need  Application process may also include other selection criteria such as leadership sports & extracurricular activities volunteer work & community involvement

6 Scholarships and bursaries are different from loans because they do NOT have to be paid back!

7 … for which you will need to APPLY

8  Universities & colleges offer various scholarships and bursaries  Go to the institution’s website and search under financial aid, awards, bursaries Algonquin College: www.algonquincollege.com/prospective/financ e_general.htm www.algonquincollege.com/prospective/financ e_general.htm Carleton University: www.carleton.ca/awards/www.carleton.ca/awards/ University of Ottawa: http://www.registrar.uottawa.ca/Default.aspx?ta bid=2658 http://www.registrar.uottawa.ca/Default.aspx?ta bid=2658

9  Use online databases such as www.scholarshipscanada.com www.studentawards.com Create a profile for FREE and log in A personalized list of scholarships and bursaries will be generated Read through descriptions & criteria and apply Application process may include essay writing, questionnaires, reference letters, etc.

10 AWARDS is a general term that includes both scholarships and bursaries

11  The Ottawa Catholic School Board sponsors a number of awards: www.occdsb.on.ca/content.php?doc=729 1. The Director of Education Graduate Student Award 2. Ottawa Catholic Student Award 3. Ottawa Catholic Trustee - Student Service Award 4. Ontario Youth Apprenticeship Program Award 5. Pathways for Success Destination Employability Award

12  Government loans and grants  Eligibility typically based on parental income  Go to https://osap.gov.on.ca/OSAPPortal for information about who is eligible and how to applyhttps://osap.gov.on.ca/OSAPPortal

13  Start your search early see what’s out there and be aware of deadlines  Try to keep your resume updated this will help you fill in application forms quickly  Contact your references in advance to give them time to write a strong letter  The more you apply to, the better! no award is worth ‘too little’ many awards go unclaimed due to zero applicants you can accumulate a large sum of money by applying to (and hopefully winning) a number of awards!


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