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Post on 03-Sep-2019
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Paying for Post Secondary
Dan Pedersen
Guidance Services
King City Secondary School
Our Purpose this evening
To understand the costs of post secondary education
To identify resources to offset these costs
To understand scholarship and financial aid processes
Most successful scholarship/ bursary applications take time.
The research and application processes requires energy and
effort…all at a time when students are working to ensure
academic success in the courses.
Where is the $$$
Bursaries
Grants
Student Loans Federal Programs (Canada Student Loans Program)
Provincial Programs (OSAP – Ontario Student Assistance Program)
Scholarships Automatic University/College Entrance Scholarships
University/College Merit Scholarships
Community/ Employer Merit Scholarships
King City Secondary School Commencement Awards
Applying for Scholarships Self-Nominated versus School-Nominated
Understanding the Difference
• Awarded to students based on MERIT SCHOLARSHIPS
• Provided to students based on NEED
• Mainly through the Financial Aid Office of the college or university
BURSARIES/ GRANTS
Types of Scholarships
Entrance Scholarships
Automatic - No application required
Merit / Bursary Scholarships
Application is required
School Nomination may be required
University/ College Entrance Scholarships
No application required
Automatic based on academic merit
Amount varies at each institution
Could influence acceptance decision
www.electronicinfo.ca
Ontario University info…
check out this site
For Ontario Colleges…check out this site
www.ontariocolleges.ca/colleges
Seneca College's Financial Aid and Awards
Merit Scholarships
Awarded for excellence in academics, athletics or community involvement etc.
Awarded to the most accomplished students
Money is given directly to the student, or directly to the college/university for payment of post secondary expenses
Who Offers Merit Scholarships?
Universities - application required
College - application required…may be viewed as a bursary
Employers - TD/Canada Trust, Wendy’s, Toyota, etc
Organizations / Associations
- Future Aces, Terry Fox Association, Miller Thompson
Governments
- Millennium Scholarship, Canada Merit Scholarship
Other Scholarship Opportunities
Unions
Cultural and Service Clubs
Religious affiliations
Organizations related to those with
permanent disabilities
Next Steps…consider
1. How much will I need?
2. What types of monies are available?
3. Where can I access information on the possibilities?
4. Is there an application required?
5. What is required to complete the application? (essay,
transcript, letters of reference…)
6. What are the deadlines?
Keep in mind that this is needed all the while the student is working
to ensure admission to the college or university!
How much will my choices cost me?
Focus on a particular school, program, length of study,
and whether or not you will live on campus
Go to www.canlearn.ca
Click on Student Loans, Grants & Scholarships
Use the Student Financial Aid Estimator
Research and
compare your
choices and
create a
budget.
Source: University of Guelph
www.fundyourfuture.ca
Student Cost Calculator
Ontario Student's Assistance Program
OSAP https://osap.gov.on.cal
Ontario Student's Assistance Program
OSAP https://osap.gov.on.cal
How Much OSAP funding is possible?
The maximum grant/loan a student can receive is $12,240 for a two term academic year
The OSAP loan calculator determines how much you are eligible to receive, depending on a number of factors.
Apprenticeship Funding support
www.servicecanada.gc.ca/eng/goc/
apprenticeship
King City Secondary School
Commencement Awards
The listing of awards is available in
early March for Graduating
students. A number of awards
from the community require an
application/ essay to be
completed. Details are provided
in the new year.
Scholarship Recipients…
Are well-rounded individuals
strong academics, community service, extra-curricular participation
Are organized and dedicated
Have maintained a detail portfolio of personal involvement
Generally have a high overall grade average
Are effective at researching and finding the scholarships that apply to them
Are very aware of the work involved
and of those who want to help them
Read the instructions carefully
Be creative only if instructed to
Fill in every section of the application unless not applicable
Tell the truth
If necessary, request a letter of recommendation from teachers and/or community member – at least 1 month before submission of rough draft
Send thank you notes to people who write letters for you
Application TIPS
Be familiar with the Scholarship timeline
Do your research.
Plan Ahead. Do not leave it until the last minute!
If necessary, notify your Guidance Counsellor at least 3 weeks ahead of the deadline.
Know and understand the expectations, requirements, eligibility, for the application
Familiarize yourself with the application form and all that it will require
Application TIPS (continued)
Type the final copy of essay
Application form should be very neat and printed in black ink
Photocopy application package before mailing
Send the package out as instructed by the institution
Read the instructions!!!!!
Application TIPS (continued)
“Work hard to get the best marks you can;
work harder to make those marks the least
interesting thing about you.”
Source - Professor, University of Toronto @ Scarborough
Guidance link - King City SS www.yrdsb.ca/schools/kingcity.ss/
Scholarships and Financial Aid/ Planning
www.canlearn.ca
https://yconic.com
www.electronicinfo.ca
www.fundyourfuture.ca
www.scholarshipscanada.com
http://oua.ca/student_athletes/student_financial_awards
http://www.servicecanada.gc.ca/eng/goc/apprenticeship/index.shtml
www.tcu.gov.on.ca/eng/employmentontario/training/financial.html
OSAP and King City S.S. Commencement Awards available …. next spring
www.osap.gov.on.ca
Questions?
Thanks for
coming…
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