The Ontario Student Assistance Program (OSAP) is a mix of grants and loans to help you pay for your postsecondary studies. A grant is money that you don’t need to repay and a loan is money that you’ll need to repay once you’re done school. When you apply for OSAP, you’re automatically considered for both grants and loans. If you don’t want to take a loan, you can decline it after your application is approved. There are also programs to help you repay your student loan once you’re done school.
OSAP can help you cover average tuition and mandatory fees along with books, equipment and supplies, living expenses and child care.
Apply Early for OSAP
It’s important to start your OSAP application early because the sooner you apply, the sooner you can find out how much aid you may be able to get. Your OSAP account will display an estimate of what you’ll receive in loans and grants.
For details, visit ontario.ca/osap
Scholarships, Bursaries & Awards
Each year, Seneca offers millions of dollars in scholarships, bursaries and other awards.
Bursaries are based on student financial need. For example, first-year students who qualify for Tuition Assistance Bursaries may be eligible for up to $2,000 in tuition assistance toward a degree or $1,000 toward a diploma or certificate.
Scholarships are awarded based on academic achievement. Students entering any of our degree programs may be eligible for a Renewable Degree Scholarship of up to $1,000 per year based on academic achievement in Grade 12 or in a previous college or university program.
Some awards are open to all students while other awards are offered only to students in specific programs.
Seneca has a convenient online application where you can apply for our entrance awards and bursaries. It’s a good idea to apply early for Seneca awards so you have the most up-to-date financial information when you confirm your program of study.
Seneca’s Campaign for Students
Seneca’s annual employee giving appeal, Campaign for Students, raises funds for various scholarships and bursaries to support Seneca students. The 2018 campaign raised almost $175,000. In addition, the Seneca Student Federation made a $100,000 donation to the campaign, almost doubling the impact of our efforts. Together, we’re helping students pay for school and reach their academic goals.
Work Study Program
You can help finance your studies by working at a part-time job on campus at Seneca. If you’re enrolled full time for the term and demonstrate financial need on your Work Study application, you may qualify for the Work Study program.
Your Postsecondary Budget
There are many costs to consider as you prepare for your studies so it’s a good idea to prepare a budget for the year. The costs will vary for each student, depending on your program of study. Some things to consider are tuition fees, books and supplies, parking and transportation, housing or residence and food and living expenses.
For information on tuition fees, book and supply costs, visit: senecacollege.ca/registrar/fees