ID #1183
How is the amount of the bursary award determined?
Numerous factors affect the amount of the bursary for a particular student. Annual budget, the number of applicants, and the relative sizes of University-determined shortfalls are major factors.
There is an additional factor that affects OSAP eligible applicants. Your OSAP Loan comes in two disbursements. We will make our evaluation based on your budget for the entire academic year as well as your OSAP entitlement for the entire academic year.
Please do not assume that the amount received early in the academic year will be repeated with any subsequent application. Nor should applicants assume that the total amount that they received in a prior year to be the same total amount to be awarded in the current year.
There is a maximum of $1,500 of bursary assistance per returning student and $1,250 per entering student per year. Donor-sponsored Bursaries are not included in the maximum.
Last update: 2007-04-19 17:26
Author: Admin
Revision: 1.0
