Scholarshipslab are not just for the top class. It is possible to receive financial assistance depending on many factors.
Congratulations! You’ve been accepted to a college or university that was your first choice, you’ve studied the class schedule carefully, and even, perhaps, already purchased a school logo sweater. You will soon have an exciting adventure and a lot of new experiences, from parties and sleepless nights to classes.
Unfortunately, for more than half of post-secondary students, and this proportion is steadily increasing, debt is one of those new experiences. Whether you pay your tuition fees yourself or your parents pay them in whole or in part, it is likely that you could make use of financial aid. The good news is that there are a number of ways to find the money to fund education.
Apply for a scholarship
Entrance scholarships are the most well-known method of funding education, with the exception of various public loan and scholarship schemes, but there are others. Most universities also offer other types of admission scholarships for which one must apply. While some of these are assigned on the basis of grades, others take into account financial need or community or paraprofessional involvement and are often renewable annually. Since some universities also offer scholarships for specific programs or for students of a certain level, it is important to research and apply, even after completing the first year. If you are not sure what your school offers,
Some high schools also provide financial assistance to their graduates. Most of these are minimal but can pay for textbooks or moving. In many cases, you do not have to apply, but sometimes being a member of certain clubs or taking certain courses can facilitate your eligibility – check with the school administration.
Apply for a scholarship from one of the public plans
If you are a student, you are no doubt familiar with the loans and bursaries system, but did you know that the federal and provincial governments also offer scholarships based on merit or need? Many of them, the amount of which can pay a good chunk of tuition fees, target disadvantaged groups, such as ethnic minorities, women, indigenous people, or students with disabilities.
Think about scholarships offered by companies
Ask your parents if their employer offers scholarships for the children of their employees. They could speak to a representative of the human resources department to find out if you are eligible and what are the terms of an application. If your parents are members of a union or other type of employee organization, check to see if there are scholarships available to members or their dependents.
If you have a part-time job, your employer may offer student financial assistance. Large corporations like McDonald’s and Tim Hortons have set up scholarship programs for high school employees, which are usually awarded based on participation in community activities.
Explore the world of private exchanges
There are also private scholarships, funded by corporations, foundations, charities, or ordinary citizens, offered at the local, provincial or national level. Like government grants, they are in many cases intended for disadvantaged groups, but they can also be awarded to students in a given field of study or research. In addition, young entrepreneurs or students engaged in community or charitable work can benefit from local and private funding.
If you have a talent for writing, stay tuned for competitions for young authors. The prize money can add up, and being a finalist looks great on a resume.