Financial Support
Scholarships
You will automatically be considered for most entrance scholarships, whether through Innis College or the University of Toronto as a whole.
A few entrance scholarships do require an application.
Innis College Admission Awards that require an application:
- John W. Browne OSOTF Admission Award (Application Details)- scroll down page | 2013 Application Form Deadline: 4 April 2013
- Innis College Kitchen Sink Award (Application Details) Deadline: 4 April 2013
Information about these two awards is also found on the Innis College Scholarships webpage.
University of Toronto Admission Awards that require an application:
- National Scholarship Program
- Need Based Admission Awards
- Other University of Toronto Awards (look for awards granted on admission or to students enrolling in the first year of an undergraduate degree in September 2013)
- External Awards (look for awards granted on admission or to students enrolling in the first year of an undergraduate degree in September 2013)
Financial Aid
Forms of financial support other than scholarships include the following:
Ontario Student Assistance Program (OSAP)
OSAP is a program administered by the Ontario Ministry of Training, Colleges and Universities that provides financial assistance to eligible Ontario students pursuing postsecondary studies. This financial assistance comes in a variety of forms including loans, bursaries, grants, and scholarships.
University of Toronto Advance Planning for Students (UTAPS)
UTAPS is a financial assistance plan to which Canadian citizens, permanent residents, and protected persons can apply as long as they are also eligible for student need-based government financial assistance or student need-based financial assistance from a First Nations band. The government assistance can be from any Canadian province or territory. Information on UTAPS for prospective students, including how to apply, can be found here.
Work Study Program | Innis College Work Study Positions
The Work-Study program is open to all undergraduate students with some restrictions. Work-study jobs are on campus and provide students with the opportunity to support themselves financially and gain practical work experience.
The Innis College Bursary Program is designed to provide financial assistance in the form of modest bursaries (which do not need to be repaid) to students in need who have pursued other avenues of financial support.
Glossary of Important Terms
Financial Need: the difference between what it costs to attend University and the amount it has been determined that a student and her/his family can afford to pay toward those expenses. The term "demonstrated financial need" is typically used to describe an assessment based on institutional methodology for need-based funding.
Student Loan: a student loan is money from federal and/or provincial governments that must be repaid when a student completes her/his studies or drops below full-time status. While in school, the interest on the student’s loan is paid by the Government. Each province has its own student loan program; Ontario’s program is called OSAP.
Scholarship: A scholarship is a form of student financial aid, usually awarded on the basis of academic merit (i.e. grades). Scholarships may be renewable over the course of study and can come from the University, Government, or an external organization. Scholarships do not need to be repaid.
Grant/Bursary: Grants and Bursaries are non-renewable financial aid provided to students, usually on the basis of demonstrated financial need, academic achievement, athletic skill or other specific criteria. Some examples include the Ontario Access Grant (for students from low-income families), the Canada Study Grant (for students with permanent disabilities), and the Innis College Bursary Program (described above). The terms ‘grant’ and ‘bursary’ are generally interchangeable. Grants and bursaries do not need to be repaid.
Award/Prize: Awards and prizes are general terms for student financial aid provided on the basis of specific criteria, usually academic achievement, extra-curricular involvement, leadership ability, or a combination of these and/or other factors. Like grants and bursaries, awards and prizes are one-time sources of financial aid and do not need to be repaid.
For more information on financial aid, see Innis College Scholarships and Financial Aid and the University of Toronto Financial Aid.
