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Funding Your Post-Secondary education
Guido de Brès Guidance 2008/2009
Funding Your Post-secondary education:
The cost of post-secondary education continues to increase. Consider the sample costs below,
(based on last year's calendar):
McMaster - tuition: $5,666, books: $1,215
Redeemer - tuition $11,984, student fees $425
Average college - tuition $2,120 for diploma programs and $4,500 for bachelor degree programs.
Ancillary Fees: $700; Books and Supplies: $1,200.
So, the question arises, how will I pay for all this?
Most students fund their education through a combination of the following:
a. personal savings and part-time employment;
b. family resources and support;
c. government sponsored student loans and grant; (OSAP)
(Ontario Student Assistance Program) is a provincially governed umbrella program which offers need based assistance in the form of grants, loans, and scholarships to
d. student loans offered by banks, credit unions, and other financial institutions;
e. scholarships, awards, and bursaries
1. Entrance Scholarships -
offered specifically by the institution to which you have applied. Many awards do not require a separate application. Some schools do require a separate application for some of their more prestigious scholarships.2. External Scholarships - offered by community organizations, philanthropic foundations, professional groups, and corporations. A sample list appears below. All of these require a separate application and supporting documentation. Deadlines vary.
3. Government Scholarships and Awards - awarded by a government body. Awards like the Queen Elizabeth II Reaching for the Top Scholarship are academic awards, but the amount is based on financial need. Application to this scholarship is made through the OSAP application.
Scholarships
Remember, almost every post-secondary institution offers some kind of entrance award to qualified students. Many of these do not require a separate application, but many of the "big" ones do require an application, references, resumes, or essays. Don't leave it to the last minute.
A little list..
The following is not intended to be a comprehensive list of scholarships and awards. It merely represents a sample of some of the external scholarship funds available. Students are encouraged to continue their research.
.. some specific scholarships offered by our school:
The Harry Aasman and George DeBoer Memorial Scholarships - Presented in recognition of exceptional scholarly achievements in six university or university/college preparation courses. $300
The Guido de Bres Proficiency Scholarships - Presented to all students who have made a significant contribution to school life in general and have achieved academic excellence in six university or university/college preparation courses. $250
External Scholarships
Burger King Scholars -
for students who work part-time, participate in community service or extra-curricular activity and who demonstrate financial need. -application forms available at www.bkscholars.scholarshipamerica.org
-you do not need to be a BK employee
-one per school can be nominated
Canadian Merit Award - for students who "demonstrate character, leadership, and a commitment to the community."
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October 23 |
Deadline for ALL SPONSORED APPLICATIONS to be received by Area committees. |
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October 31 |
Deadline for ALL DIRECT POOL APPLICATIONS to be received at |
-applications available at the Guidance Office
Millenium Scholarships: Each year the Foundation grants 931 entrance awards to students beginning post-secondary studies for the first time.
- www.milleniumscholarships.ca.
Miller Thompson Foundation - to encourage and promote the attainment of higher educational goals for individuals who have demonstrated a high level of academic achievement, have made a positive contribution to their school through involvement in extracurricular activities, and have made significant contributions of time and energy to community service programs.
Canadian Hopitality Foundation - For students planning university study in the hospitality industry.
Ontario Hostelry Institute - Enrolled in at least a 2 year program in hospitality/culinary arts
- academic performance - work experience- financial need
Queen Elizabeth II -Aiming for the Top Scholarships - academic awards offered through the Ontario Ministry of Training, Colleges, and Universities for study at a post-secondary institution in
- apply through the OSAP application.
- Value is based on financial need.
- www.tdcanadatrust.com/scholarship
Terry Fox Humanitarian Award - given to students who are dedicated to the humanitarian ideals of Terry Fox, who demonstrate courage in overcoming obstacles. Participation in volunteer activities and in sport/fitness is helpful.
Wendy's Classic Achiever Scholarship Awards - recognizes students who have excelled in academics, extra-curricular activity and community service.
- apply on-line at www.wendysclassicachiever.ca
Obviously, students need to do a lot of RESEARCH!
· You need to check the calendars of the schools you hope to attend.
· You need to keep checking the guidance office for scholarship postings and listen for announcements.
· You should check with parent's employers, customers, suppliers, insurance companies, etc. Many offer scholarships!
· You should check with local community organizations and corporations.
· You should try a web-based scholarship search like www.studentawards.com
You should visit the Guidance office or Library for titles on scholarships and funding strategies (e.g. How to go to college almost for Free, the Scholarship Almanac, and Scholarship: tenth edition).
We have the following in the Guidance Office:
Scholarship: Tenth Edition
ScholarshipCanada.com
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