Paying for school, without student loans
Paying for school, without student loans
July 13, 2012
The cost of post-secondary education is no secret—it’s expensive. For those of you heading off to university or college in the fall, finding a way to pay for it all may be a hot topic around your house. Besides working hard at your summer job or getting a student loan, there are other options available that may help you out.
In every province and territory, there are a variety of bursaries and scholarships available for post-secondary students.
A bursary is a financial award based on certain criteria, including financial need, athletic skill, or academic success.
A scholarship is usually awarded based on merit or achievement only, as opposed to financial need.
Unlike a loan, these financial contributions don’t need to be paid back, which is an awesome way to get extra money for your education fund.
In addition, there are grants available for part-time students, low-income students, apprentices, or even students studying abroad.
Overall, when it comes to your post-secondary education, the wise thing to do is to know your options and to be prepared to support yourself as best you can. I recommend using the CanLearn Web site for researching different financial alternatives. It has great information and links to the many different scholarship and bursary programs available.
Good luck researching, and enjoy the rest of your summer!