1. ESA Student Services Department 1 Scholarships Bursaries & Loans Financing Your Post-Secondary Education

2. ESA Student Services Department 2 Costs of Post-Secondary Education Tuition & Books ~ $8500 Residence & Meal Plan ~ $9000-$10000 $19 000/yr x 4 yrs ~ $76 000 (Figures based on an Honours Bachelors Degree Program at an Ontario University)

3. ESA Student Services Department 3 Where to get the ? Personal savings (from part-time employment) RESP’s or other investments from parents

4. ESA Student Services Department 4 What if I don’t have enough $$$ saved? Bursaries –$$ that is awarded but does not have to be paid back –usually based on some area of need (eg: financial need) Loans –from a bank or from the government (OSAP) –must be paid back with interest (some grace period) Scholarships

5. ESA Student Services Department 5 The Reality…. No single source will cover all the costs BUT You can finance your education using a combination of these methods job Burs dad bank mom Schl OSA P $$$ RES P

6. ESA Student Services Department 6 Who Wins Scholarships? Students who Are involved in their community Participate in extra-curriculars Have good grades Have shown –Leadership –Initiative –Determination –Courage in the face of hardship Apply for them!

7. ESA Student Services Department 7 Merit Based Scholarships Academics only Academics Community Involvement Extra-curricular Community Involvement Extra-curricular Other specific criteria  Usually offered by univ or college  Automatic consideration when you apply through OUAC / OCAS  Separate application form not needed  May be offered by private companies or univ/college  Separate application form needed  Examples  Loran  TD Canada Trust  Chancellor’s Award  offered by private companies  Minimum academic average is lower  Separate application form needed  Examples  Burger King  Wendy’s

8. ESA Student Services Department 8 Getting Started Fill in the Scholarship Information Form & hand it in to Student Services ASAP Do your research: www.scholarshipscanada.com www.scholarshipscanada.com Set up a master calendar with deadlines Apply early Collect letters of recommendation from teachers, supervisors, etc.

9. ESA Student Services Department 9 Locating Scholarships Listen to the announcements Visit www.esainfo.ca and select the Student Services tab to find info on scholarships, bursaries, and financial aidwww.esainfo.ca Search the web: www.scholarshipscanada.com and university & college websites www.scholarshipscanada.com

10. ESA Student Services Department 10 Locating Scholarships Outside sources Your parents’ place of employment Your church or other religious organization Community groups such as the Optimists Society, Lions Club, etc. Banks & major financial institutions

11. ESA Student Services Department 11 Letters of Recommendation Request the Letter of Recommendation in writing 3 weeks prior to deadline Describe the scholarship criteria List the deadline date Provide a copy of the completed SIF Provide an addressed envelope (with a stamp) Write a thank-you note to your referee

12. ESA Student Services Department 12 Application Forms DO NOT hand-write the application DO complete a rough draft & get a teacher to proof-read it DO NOT leave any sections blank DO read the instructions & follow them DO NOT miss deadlines DO keep a photocopy of the application DO NOT TALK YOURSELF OUT OF APPLYING

13. ESA Student Services Department 13 Essays Read & discuss the topic with a teacher Plan, plan, plan Organize your thoughts Be concise Edit, Edit, Edit Always follow the instructions carefully Have a teacher froop-read the final draft

14. ESA Student Services Department 14 Each year many scholarships go unclaimed!!! Look for smaller scholarships – less competition Apply for everything that you qualify for Don’t give up Believe in yourself

15. ESA Student Services Department 15 Where to Get More Information Other web sites – visit www.studentawards.com www.studentawards.com Resources in Student Services University & College Representatives University & College websites www.electronicinfo.ca

16. ESA Student Services Department 16 Hand in your completed Scholarship Information Form to Student Services by Monday, October 1, 2012.