A Guide to Preparing for Post-Secondary Education

FINANCES & BUDGETING

Living on a student budget can be really tough, especially when you are surrounded by so many distractions like shopping centers, movie theatres, bowling alleys, restaurants, music shows, etc. Plus you have to pay for essentials like rent, food, transportation, tuitions and books.

Saving money or receiving student funding and scholarships can reduce financial stress and help offset the costs of going to school and living on your own.

 

Saving Up

If you are working before your program starts, you should really save as much money as you can! You will thank yourself later when you are setting yourself up in your new school or community/city.

 

Scholarships, Bursaries and Awards

Most scholarships, bursaries and awards are awarded based on grades, but other assets are considered to be important as well. Here are some examples:

  • Played in a sports teams
  • Having sat on a student council
  • Volunteered in community activities
  • Participated in school events

Once you have accepted an offer from school, you should begin looking at scholarships online. Pay close attention to the requirements and deadlines and give yourself enough time to prepare for them. The more you can get done in the beginning, the less you will stress when the deadline date gets closer.

 

Tips for Scholarships, Bursaries and Awards

Finding Scholarships, Bursaries and Awards

  • Have you asked people around you about existing scholarships, bursaries and awards?
  • Have you looked at the scholarships, bursaries and awards page *link* or other databases?
  • Have you looked in newspapers or magazines?
  • Where else can you find scholarships, bursaries and awards?

Requirements

  • Will you need to fill out an application form?
  • Will you need to submit a piece of writing? (Ex: essay, short story or letter of interest?)
  • Can someone review or edit your work?
  • Will you need references or a reference letter?
  • What kind of experience do you have that will set you apart from others?
  • Will you need to submit reports or transcripts afterwards?

 

Financial Assistance for Students

Depending on where you are from, you may be eligible for student funding. Here is a list of websites you can visit depending on what region you’re from

As soon as you receive your acceptance letter you should submit your application for funding. You don’t want to find yourself in these kinds of situations:

  • Panicking one week before the program start date because you don’t have a plane ticket booked.
  • Strapped for cash when you move south and need to pay for rent but you haven’t received any funding yet.

And remember, you will need a bank account to receive funding, so if you don’t have bank account, make sure you get one.

 

Tips for Student Funding

Funding Details

  • What are the requirements to receive funding?
  • When are the deadlines for submitting applications?
  • How much will you receive every month?
  • Will it cover tuition, books, travel and living expenses?
  • If not, what is your backup plan?
  • If you have children, are you eligible for additional funding?
  • Will you need to keep a certain grade average to keep your funding?