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Financial Planning

BCHS Post-Secondary Financial Planning Information:  An Overview of Resources and Support

Websites to Consult:

 www.electronicinfo.ca
  • click on “Searchable Scholarships” on the header bar of the main page, or select a particular school and program and click on “More Details”, “Scholarships and Awards”
 www.myBlueprint.ca
  •  click on “Financial Planner” and then the link to “Paying for Post-Secondary
 www.ontariocolleges.ca
  • click on “FAQ” at the top right, then “Tuition and Financial Aid” at the bottom of the menu
 https://osap.gov.on.ca
  • learn about the Ontario Student Assistance Program and helpful links to assist you in applying for student loans through the government of Ontario
 www.osca.ca
  •  on the “Students” tab drop-down menu, select “Success at School”, then “Scholarships and Financial Assistance”
 www.scholarshipscanada.com
  •  follow the prompts to create a profile.  This profile will help the search engine to identify relevant awards for you.  Find out key info, including award names, financial value, timelines, application process steps, etc.
 www.yconic.com
  • functions similarly to scholarshipscanada.com; you create a profile of information specific to you, your background, interests, educational and career plans match you with scholarship opportunities


 Other Sources for Financial Planning Information:

  • College and university websites, program calendars, program books and financial aid offices
  • BCHS Student Services Office, Financial Planning bulletin board, scholarships binder


Information about University and College Scholarships and Awards:

 Guaranteed Entrance Awards

  • awarded to students who obtain a certain average –no application is necessary
  • not every school offers these awards (so confirm with your school(s) of interest)
  • information can be found on college/university websites, calendars, first-year handbooks, and the websites (see over for additional info…)
  • the amount of the scholarship/award differs by the university and admission average, e.g. the McMaster Honour Award is $750 for students with an 85-89.9% admissions average, but Nipissing University’s Entrance Scholarship for the same mark range is $2250

Application-Based Entrance Scholarships
  • criteria vary depending on the award and the specific post-secondary institution
  • generally, a high (i.e. 90%+) average and significant school and community involvement is required
  • requires a separate application for consideration
  • information can be found, as stated above, via school websites, student handbooks etc.

 Bursaries

  • a bursary is a non-repayable grant for students who demonstrate financial need
  • provided on the basis of financial need alone, or some combination of financial need, co-curricular involvement, academics, leadership and volunteerism
  • often require that students are also OSAP applicants
  • check with the financial aid office at the particular school(s) of interest to you

 Community/Organization Scholarships and Awards

  • various organizations and corporations provide scholarships and awards, e.g. TD Canada Trust Scholarship, The Loran Award, Miller Thomson Foundation Scholarship, Terry Fox Award
  • applications for some of these scholarships will be received by the school
  • information and applications for most of these scholarships can now be found online at the sources listed above
  • investigate sources of scholarships that may apply to you, e.g.  your employer; your parents’ employer(s); professional, cultural, service, religious, sports and music/theatre clubs and organizations with which your family is affiliated

BCHS Scholarships and Awards

  • over 40 scholarships and awards, presented at Commencement, are offered by the school and donors in our community, e.g. Burlington Chamber of Commerce Education Award, Central Staff Awards, Carmine Marozzo and Gordon Gerrie Memorial Bursaries etc.
  • recipients are decided by a committee of Central staff
  • criteria vary with the award - high marks are not always a necessity - good citizenship and participation in co-curriculars are!!
  • financial need is a criterion for some awards
  • there is an “Award Information Form” available in Student Services that you can complete and submit to aid in award consideration

 

Some final wise words from the “Great One” himself, Wayne Gretzky;

“You miss 100% of the shots you don’t take.”

 

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