Financial Support

There is a great deal of financial assistance available for students across Canada.

There are many forms of financial aid, such as scholarships, bursaries, awards and loans. While loans have to be repaid, scholarships, bursaries and awards do not.

Scholarships are tuition credits awarded by institutions, agencies or individuals. Scholarships can be based on academic excellence, sport performance or community service. Criteria for receiving a scholarship may also include membership or affiliation with a group, organization or community, or financial need.

Bursaries are grants awarded after school has started and are based on you proving financial need and the ability to successfully continue post-secondary education.

Awards may be cash, books, or certificates based on demonstrated excellence at something or some personal achievement.

Student loans are funds borrowed from a bank, to be repaid on a calculated rate of interest. Repayment usually begins six months after graduation.