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How can I get financial help?

FINANCIAL AID OFFICE - SERVICES AND PROGRAMS FOR AWARDS, BURSARIES & SCHOLARSHIPS

Conestoga provides access to OSAP (financial aid through the government) and bursaries as well as awards and scholarships - many scholarshps are sponsored by businesses, industries, organizations and individuals. For all information pertaining to Financial Aid, Scholarships and Bursaries, office location and how to contact, please click here.  

International Students are not eligible for government assisted loans, however, they may qualify for various bursary monies and scholarships.  Please click on the Financial Aid office weblink above.

Definitions: 

What is OSAP?

OSAP (Ontario Student Assistance Program) is a government loan service that provides financial assistance to students enrolled in full time programs, who qualify.  The loans consists of two parts:  a loan which must be repaid and a grant, which does not. 

What is an Award?
An award is a gift, sum of money, or citation given to recognize achievement in some capacity.

What is a Bursary?
A bursary is money, or equivalent compensation, to allow you to continue full-time studies. It is based on need, but acceptable progress is also considered.  Bursaries do not have to be repaid.

What is a Scholarship?
A scholarship is money, or equivalent, granted towards the expense of further study. It is based on academic achievement, but need is also considered. Scholarship donors set the selection criteria.

Applying for OSAP (Ontario Student Assistance Program)

OSAP is designed to assist post secondary students in meeting their educational costs. It is a "needs based" program. The purpose of OSAP is to supplement, not replace the financial resources that you (and your family, if applicable) are expected to contribute.  There are also bursary funds available for students in need. Please contact the Financial Aid office at Conestoga.(see link below). 

To find out when your OSAP funds will be available, please contact the Financial Aid office - see link below.

The best way to apply for OSAP is online at www.osap.gov.on.ca. The application is scheduled to be released mid-April for the upcoming academic year. You can also use a paper application, which is available to download at the above website in the “Forms” section. More than 99 per cent of applicants use the online application.

There is no cost for applying for OSAP and you can apply before accepting the program as long as the OSAP application is posted at that time. 

Part-time or Full-time OSAP Application

OSAP classifies a student as full-time if they are taking at least 60% of a full-time course load (40% for students registered with a permanent disability).

If you are pursuing a full-time OSAP eligible program on a part-time basis (20%-59% course load), you may qualify for a Part-time Student Loan. If you have a permanent disability with a course load between 40% and 59%, it is usually better to apply for Full-time OSAP in order to maximize your grant funding. More information can be found at https://osap.gov.on.ca.

Determining Course Load

Most full-time students take a 100% course load, as they enrol in all the courses offered for each level of the program. You may decide to not take certain courses if you have been exempted from them, are registered with a permanent disability or want a lighter course load, etc. You can estimate your course load on the OSAP application, as that can be adjusted later by our office.

For further clarification you would contact your program coordinator. 

Part - time OSAP

A student may be eligible for Part-time OSAP if they meet with following criteria:

  • Registered in an OSAP-eligible program. To determine if your program qualifies for OSAP, please email financialaid@conestogac.on.ca with the subject line “Part-time OSAP”.
  • Registered with a course load of between 20-59%. If you are a student with a documented disability your required course load would be between 20-39%.
  • Student who is not currently receiving full-time OSAP funding

Awards, Bursaries, Scholarships and Academic Grants

Conestoga College's Student Financial Services administers many awards, bursaries, scholarships and academic grants.

How Do I Find Out About What's Available?

  • On the website: Browse the awards, bursaries and scholarships awarded by Conestoga's Student Financial Services throughout the year online by school or program.
  • Email: Students receive notifications through their Conestoga email account. By checking your Conestoga email account frequently you will never miss out on information about the awards, bursaries and scholarships offered by Conestoga’s Student Financial Services.
  • Ask Your Program Faculty: There are many program-specific awards administered by individual programs. Students should talk to their faculty member or program co-ordinators about the many awards co-ordinated by their programs.

Definitions

  • What is an Award? An award is a gift, sum of money, or citation given to recognize achievement in some capacity.
  • What is a Bursary? Bursaries are monetary awards based on financial need as determined by Conestoga, and may also include a minimum expectation of academic achievement or other miscellaneous criteria.
  • What is a Scholarship? Scholarships are monetary awards based on academic excellence and, in some cases, other forms of earned merit. Scholarships have a specified value in terms of monetary benefit to the recipient. Scholarship categories, include entrance, in-course, part-time, specific achievement (open to all students, usually for achievement in a single course), and graduants.
  • What is an Academic Grant? Academic Grants are monetary awards based on a combination of merit and financial need. A student may receive an Academic Grant in addition to any other scholarships, prizes, or bursaries for which s/he is eligible. 

Scholarships that are specific to Conestoga College, may only be used at this College.  If you have receved a Scholarship from an outside agency, you must speak to them to ensure that the Scholarship is legitimate to use at another institution. For more information on Awards, Scholarships and Bursaries, please click on the above link.

Links:
http://osap.gov.on.ca
http://www.conestogac.on.ca/financial-aid/

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