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Welcome to the McMaster University Financial Aid & Scholarship Overview. Revised: May 5, 2009. Overview of Presentation. Government Assistance OSAP, Queen Elizabeth II Aiming for the Top Scholarships, Ontario Textbook & Technology Grant McMaster Scholarships Entrance Awards

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Welcome to the mcmaster university financial aid scholarship overview l.jpg
Welcome to the McMaster UniversityFinancial Aid & Scholarship Overview

Revised: May 5, 2009


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Overview of Presentation

Government Assistance

OSAP, Queen Elizabeth II Aiming for the Top Scholarships, Ontario Textbook & Technology Grant

McMaster Scholarships

Entrance Awards

McMaster Financial Aid

Bursaries, Work Programs

External Scholarships & Bursaries

To help students identify funding options for post-secondary education

Questions will be addressed at the end of the presentation

For more information contact:

Office of Student Financial Aid & Scholarships

McMaster University (905) 525-9140 ext. 24319

Email [email protected] or visit http://sfas.mcmaster.ca


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Office of Student Financial Aid & Scholarships

We invest in student success through the delivery of government and University financial aid and scholarship programs. Student loans (e.g. OSAP), bursaries, academic grants and work programs assist students who demonstrate financial need. Scholarships are granted in recognition of a student’s academic achievement.

We’re your one-stop shop for:

Federal & Provincial Student Aid Programs

Scholarship Programs

University Bursary Programs

Work Programs

Confidential Counselling

Budgeting Strategies & Tips


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OSAP Purpose/Process

What is OSAP?*

The Ontario Student Assistance Program

Allows students, who meet Ontario residency requirements, to access integrated Federal and Provincial student assistance

Assists students in meeting the costs of post-secondary education

* OSAP information in this presentation is accurate at time of publication and subject to change. Students should refer to the OSAP website for confirmation and/or clarification of any information.


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OSAP Purpose/Process

How do students apply?

Online at http://osap.gov.on.ca(It’s FREE!)

PDF file from http://osap.gov.on.ca($10.00 to process)

For more information, visit the OSAP Access Window at http://accesswindow.osap.gov.on.ca


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OSAP Purpose/Process

Deadlines for 2009-2010?

By June 19, 2009 for Queen Elizabeth II (“Aiming for the Top”) consideration

By July 15, 2009 if the student intends to use OSAP to cover McMaster tuition and fees

No later than 90 days before the end of the study period if registering full-time in the fall/winter session (*funding is reduced the later in the study period that the student applies)


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OSAP Purpose/Process

Who is eligible to apply?

Canadian citizens, Permanent residents and Protected persons in Canada who meet Ontario residency requirements

Students who plan to attend full-time in 2009-2010(60% course load/40% for students with permanent disabilities)

We recommend all eligible students apply!


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OSAP Purpose/Process

How much might students expect to receive?

OSAP considers program costs, basic living costs, parental income and student income

Other factors:

Number of dependants in family

Number of dependants at a post-secondary institution

Student’s assets

2008-2009 maximum OSAP entitlement was $350 per week of study


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OSAP Purpose/Process

Application errors? Additional information required?

It is the STUDENT’S responsibility to:

Check application status on the OSAP website

Verify application is error-free

Submit signature pages and all supporting documentation requests

Funding is not released until all supporting documentation is received and processed by the Financial Aid Office


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OSAP Purpose/Process

How do students view entitlement?

Students may view their entitlement online at http://osap.gov.on.ca

How do McMaster students pick-up funding?

In person with identification noted below; details are posted late summer on Student Financial Aid & Scholarships website at http://sfas.mcmaster.ca

Proof of Social Insurance Number(SIN card – photocopy is acceptable, or a piece of Government of Canada official documentation such as Canada Revenue Agency Notice of Assessment, a Canada Pension Plan Statement of Contributions or a Confirmation of Social Insurance Number from Service Canada)

Validated student ID card, valid government photo ID (i.e. driver’s licence, photo health card, Canadian passport etc.) and personal banking information/void cheque

The surname and given name on the student’s proof of SIN must be the surname and given name provided on the OSAP application. All identification presented must be in these names

Students will be required to sign a “confirmation of enrolment” to verify income, address and program of study information


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OSAP Purpose/Process

Can students appeal their OSAP assessment/entitlement?

Appeals provide added flexibility provided by the MTCU to allow students to be considered for OSAP or to increase entitlement

Must meet conditions of specific types of appeals and supporting documentation requirements

Students should visit their Financial Aid Offices to discuss appeals


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Queen Elizabeth II “Aiming for the Top” Scholarships

Awarded on the basis of academic excellence

Value of scholarship based on financial need

$100 minimum to $3500 maximum, not to exceed actual tuition/compulsory fees

Renewable up to 4 years, student must maintain an 80% (9.5 at McMaster) average in an OSAP-defined full-course load

Students apply to be considered through their OSAP application


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OSAP “How-To” Checklist

1. Apply on-line at http://osap.gov.on.ca

Application opens mid to late May

*Apply before the deadline (June 19, 2009) for Queen Elizabeth II Aiming for the Top Scholarship consideration

2. Forward all required signature pages and supporting documentation to the Office of Student Financial Aid & Scholarships. Be sure that both you and your parent(s) have signed any pages that require a signature. Returned signature pages are required to complete the processing of your OSAP application. OSAP funding is not issued until all required documentation is received.

3. Provide consent for parent(s) to access your file (if you wish)

4. Check Your Application Status

Return to the OSAP website often to track the status of your application.


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OSAP Application Status Overview

  • Are You “OSAP-Eligible”?

  • Verify the amount of your funding on the OSAP website.

  • Pick up funding IN-PERSON. You MUST have valid proof of SIN, a valid McMaster Student ID Card, valid Government-issued Photo ID and a void cheque and/or banking information.

  • Release information can be found on our website http://sfas.mcmaster.ca.

  • Direct OSAP to McMaster to cover tuition and fees. Remaining amounts are directed to your personal bank account.

  • Do you have “Outstanding Documentation”?

  • Follow instructions or contact the Office of Student Financial Aid & Scholarships (SFAS) if further information is required. Return all supporting documentation to SFAS.

  • Are you “Not OSAP-Eligible”?

  • Visit the SFAS office to review your file and discuss available appeals.


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Textbook & Technology Grant

Ontario’s annual Textbook and Technology Grant (TTG) helps community college and university students pay for textbooks and computer costs. It is available to full-time students who qualify for OSAP assistance. Students apply for the grant through their 2009-2010 OSAP application.

The grant is valued at $150 per academic year.

For more information, please visit the OSAP website at https://osap.gov.on.ca/eng/not_secure/ttg_12.htm


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McMaster Entrance Awards

McMaster Entrance Awards are automatically granted to Level 1 students, entering University directly from a Canadian high school, who have a final admission average of 80.00% or higher to their program of study

The final admission average for an Entrance Award is calculated using final marks of the prerequisites for the student’s chosen program of study plus the next best U or U/M courses to a total of six final grades. Bonus points for students in the International Baccalaureate program are included in the calculation of final admission average for scholarship purposes.(See terms and conditions in the Undergraduate Calendar)

There are four levels of McMaster Entrance Awards:

95% + $3,000

90% - 94.99% $2,000

85% - 89.99% $1,000

80% - 84.99% $ 750


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McMaster Financial Aid Programs

Bursaries

Student must submit a bursary application

Undergraduate bursary application is available September 15 each year

Application process & deadlines at http://sfas.mcmaster.ca

First priority is to assist OSAP recipients


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McMaster Work Programs

There are three Work Programs at McMaster:

Ontario Work-Study Program

Available from September to April

McWork Program

Available from May to August

International Students’ Work Program

Available from September to April and May to August


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McMaster Work Programs

Ontario Work-Study Program

Government program under OSAP umbrella

Needs-based

Minimum 60% course load, 40% for students with disabilities

Average 10 hours per week

Applications available August 1st of each academic year


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McMaster Work Programs

McWork (Summer) Program

McMaster-funded program

Needs-based

Students must have been full-time, undergraduates, and be returning to full-time academic studies the following September to complete their undergraduate degree to be considered

Most jobs are full-time

No maximum on earnings

Applications are available starting March 1st of each academic year


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McMaster Work Programs

International Students’ Work Program

McMaster-funded program

Needs-based

Applications available online beginning March 1st for summer work and August 1st for fall/winter study


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External Scholarships & Bursaries

There are hundreds of organizations, external to McMaster, which provide scholarship and bursary funding to students continuing their post-secondary education

For more info on external scholarship and bursary providers visit our Website:

http://sfas.mcmaster.ca/search


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Thanks for your participation!

Questions & Answers…

For the information you need NOW, visit our FACTS & FORMS FOR CURRENT HIGH SCHOOL STUDENTS at http://sfas.mcmaster.ca/highschool_download.html


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Contact Us

McMaster University

Office of Student Financial Aid & Scholarships

1280 Main Street West

Gilmour Hall, Room 120

Hamilton, Ontario L8S 4L8

(905) 525-9140 ext. 24319

E-mail: [email protected]@mcmaster.ca

Web:http://sfas.mcmaster.ca

Information in this presentation is subject to change. It is the STUDENT’S responsibility to verify and ensure all application requirements and deadlines are met.


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