2. FINANCIAL PLANNING

3. The Five W’s. Who…. gets the scholarships? Who…. gets the scholarships? What… do you have to do to win the money? What… do you have to do to win the money? When… do you have to apply for these scholarships? When… do you have to apply for these scholarships? Where… do you look for these scholarships? Where… do you look for these scholarships? Why… would you spend your time doing so? Why… would you spend your time doing so? How… do you get started? How… do you get started?

4. What to expect with Fees: Tuition (including incidental fees) $4,000 per year for college diploma programs $4,000 per year for college diploma programs $6,700 to $17,000 per year for bachelor degree programs (at universities or colleges) $6,700 to $17,000 per year for bachelor degree programs (at universities or colleges) Additional costs include: Books--$1000 to $2000/year Books--$1000 to $2000/year Parking/transportation Parking/transportation Coop fees Coop fees

5. Residence: On versus Off On Campus varies based on style of accommodation and type of meal plan varies based on style of accommodation and type of meal plan Approximately $10,000 for residence and food for two semesters of study Approximately $10,000 for residence and food for two semesters of study Off Campus U of W website U of W website ◦ $6,000 and up for rent, plus utilities, groceries

6. Realistic Estimates (2 Semesters away from home) $22,000 to $30,000 per year for University studies $22,000 to $30,000 per year for University studies $18,000 to $22,000 for College studies $18,000 to $22,000 for College studies

7. Why look for Scholarship Money? How much money can you make during a 3 to 5 hour shift at work? How much money can you make during a 3 to 5 hour shift at work?

8. Parent Support (Education Savings Plan) Student Loan (OSAP) Your Savings, plus Scholarship or Bursary Money you receive $$$

9. Who gets the money?  The person who: spends at least three to five hours doing the research. has worked hard at their academics, community service and leadership activities. has the ability to answer essay questions in a succinct and intelligent manner. can meet deadlines.

10. FINANCIAL PLANNING 101 Scholarships: awarded based on academic excellence, school & community involvement, leadership abilities and essay writing Scholarships: awarded based on academic excellence, school & community involvement, leadership abilities and essay writing Bursaries: awarded based on financial need and community involvement Bursaries: awarded based on financial need and community involvement OSAP- Ontario Student Assistance Program: used to supplement, not replace, family resources OSAP- Ontario Student Assistance Program: used to supplement, not replace, family resources *OSAP is completed on-line and sent to the school you will be attending (usually done in the Spring – after you accept an offer!)

11. Scholarship Factors: Financial Need Financial Need Academic Average Academic Average Special Circumstances Special Circumstances Heritage Heritage Affiliations Affiliations Activities Activities Volunteer Work Volunteer Work Field of Study Field of Study Year of Study Year of Study Location Location

12. What do you have to do? 1.Begin your research: * treat it like another course or part-time job 2.Create a resume before you begin your applications: * include all academic, community volunteer, and extracurricular activities; indicate leadership examples. 3.Have three key people ready to write reference letters for you: * a teacher, counsellor or activities person * a community or church member * an employer or supervisor Supply these individuals with the scholarship criteria and your resume!

13. Where do I look? Parent’s Employer Parent’s Insurance company Waterloo School Board Website School Nominated Scholarships Your employer Club or sport affiliations: legion, optimists, Kiwanis, Women’s Institute, 4H, referee association, etc. Church Union membership Specific College and University Websites Student Awards.com Scholarships Canada.com

14. Internet Resources www.studentawards.com www.studentawards.com www.studentawards.com www.scholarshipscanada.com www.scholarshipscanada.com www.scholarshipscanada.com www.osca.ca www.osca.ca www.osca.ca College and University websites College and University websites School database (binders in the E.D.S.S. guidance office) School database (binders in the E.D.S.S. guidance office) Each scholarship listed will indicate: Each scholarship listed will indicate: total money awarded, criteria, contact information, due date and link to download application

15. MORE TIPS : Know your strengths and assets Know your strengths and assets Anything that makes you different from others is important Anything that makes you different from others is important Reuben Cleghorn Bursary is available only to university bound students from E.D.S.S.: Reuben Cleghorn Bursary is available only to university bound students from E.D.S.S.: * must be financially needy * must have applied to OSAP * applications available in guidance Have someone edit your application/essay questions…now is NOT the time to be humble. Have someone edit your application/essay questions…now is NOT the time to be humble.

16. NOMINATED SCHOLARSHIPS Some scholarships require a school nomination Some scholarships require a school nomination You must fill out a Profile Form to be considered for these scholarships You must fill out a Profile Form to be considered for these scholarships * forms are in the guidance office (blue sheets) * submit form to your guidance counsellor

17. Register on the scholarship websites Search various scholarship data bases Choose some “referees” Talk to parents/ look at your connections outside of school Create a scholarship file: save everything! Update your resume Fill out a school profile form What should I do now?

18. Facts: a lot of scholarship money is not available to you until you are attending a college or university a lot of scholarship money is not available to you until you are attending a college or university A lot of money is not awarded – due to low or unsuitable applications A lot of money is not awarded – due to low or unsuitable applications Regular visits to the financial aid office at your school of choice is very beneficial! Regular visits to the financial aid office at your school of choice is very beneficial!

19. When are you finished searching for money? …...when you are finished your post secondary education!