Post-Secondary Funding

Ontario Student Assistance Program (OSAP)

OSAP, or the Ontario Student Assistance Program, is a financial aid program funded by both the provincial and federal governments that helps you with the costs of post secondary education.

(i) Funding through OSAP includes:

  1. Grants - money that you don't have to repay.
  2. Loans - money that you will have to repay when you are finished school.
     

(ii) OSAP considers many different factors when determining financial need including: Your educational costs (tuition, fees, books, whether you are living away from home, travel costs, where you are studying, etc.). The financial resources you have available to contribute towards your own post secondary education (family income, savings, scholarships, etc.)

Scholarships and Bursaries

Note: Please register on these websites with your parents to avoid any unsolicited contact from a third party (ie. Visa), below are a few examples, full packages are available in Guidance

Financial Aid from Colleges and Universities

You can Check with the college or university you have applied to and research what financial aid programs they offer. Contact the school directly for further information.

You could be eligible for Bursaries, Scholarships, work-study programs, or summer employment opportunities

Renewable vs. Non-Renewable Scholarships:

  • A renewable scholarship is awarded for more than 1 year. Each year, the recipient must meet the university's stated criteria to continue receiving the scholarship.
  • A non-renewable scholarship is awarded for 1 year only. In some cases, You Can re-apply for the subsequent years; in other cases, you may not be permitted to re-apply.

Employment and Club Membership Scholarships

Look into scholarships offered by community groups and local organizations that you or your family belong to as these groups often have special scholarships available only to members and their families

For Example: 4H, Rotary, Legion, Rangers, Hockey, Lions Club

Likewise, ask your parents and family about any financial support programs that may be offered through their workplace. Many companies provide scholarships to employees and their families.

For Example: Unions for steelworkers, teachers, first responders

Self-Funded

It's a good idea to save money from any part time or summer job to help pay for your education. Another Option to consider is investing savings through a bank/financial institution - so that money can earn interest - if you plan to attend college or university in the future.

ie. A Registered Education Savings Plan (RESP) is an investment vehicle used by parents to save for their children's post-secondary education in Canada. The principal advantages of RESPs are the access to the Canada Education Savings Grant (CESG) and a source of tax-deferred income.

 

 


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POST-SECONDARY FUNDING FOR INDIGENOUS STUDENTS

OSAP: Indigenous Student Bursary

The Indigenous Student Bursary provides aid to Indigenous students with financial need who are attending either: a publicly–assisted colleges and universities in Ontario an approved Aboriginal institute in OntarioThe Indigenous Student Bursary provides aid to Indigenous students with financial need who are attending either: a publicly–assisted colleges and universities in Ontario an approved Aboriginal institute in Ontario. 

Grand River Post-Secondary Education Office

Grand River Employment & Training

Supporting First Nations, Metis & Inuit Students in School

Indigenous Services Canada (ISC)
Provides financial assistance to First Nations students who are enrolled in eligible post-secondary programs :

Use the Indigenous Bursaries Search Tool to search 688 bursaries, scholarships and incentives across Canada, offered by governments, universities and colleges, private and public companies, individual Canadians, organizations and others aimed at Indigenous students.

Indsipre - Indigenous Education 

NPAAMB Indigenous Youth Employment & Training