Paying for Your Studies
At Seneca, we know that financial aid can be an important factor as you plan for your postsecondary studies. With a variety of financial assistance options to consider, in addition to government financial aid, we’re here to guide you through the process and help you access the resources you need.
Scholarships, Bursaries & Awards
Each year, Seneca offers millions of dollars in scholarships, bursaries and other awards based on both academic achievement and financial need. Their values range from $50 to $10,000.
Scholarships are awarded based on academic achievement, while bursaries are awarded for financial need. Some awards are open to all students while other awards are offered only to students in specific programs. Here are just a few examples of what’s available:
- Head Start Tuition Bursaries
First-year students who qualify may be eligible for up to $2,000 in tuition assistance toward a degree or $1,000 toward a diploma or certificate
- Alumni Association Entrance Awards
Offered to first-year, full-time students enrolled in any program in the fall
- Board of Governors’ Entrance Scholarships
Available to students starting a full-time program in the fall
For more details on scholarships and bursaries, visit Financial Aid and Rewards.
Renewable Degree Scholarships
Renewable degree scholarships are available for students enrolled in any of our degree programs. These scholarships are based on Grade 12 grades or grades from another postsecondary program and are automatically awarded to those who qualify.
The Ontario Student Assistance Program (OSAP) is a mix of grants and loans to help you pay for your postsecondary studies. Starting this year, changes have been made to OSAP as Ontario is bundling many existing provincial OSAP grants into a single Ontario Student Grant. The changes will make average college and university tuition-free for the majority of eligible students whose family income is under $50,000 per year. There are also changes to OSAP grants and loans available to middle income families.
You can apply for OSAP at the same time as you apply for your program. The sooner you apply for OSAP, the sooner you find out if you qualify and how much aid you can get. For details, visit ontario.ca/osap
For more details on government programs, including OSAP, visit Financial Aid and Rewards.
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 2017 campaign raised almost $120,000. 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 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 lots of costs to consider as you prepare for your studies so it’s a good idea to make a budget for the year. The costs will vary for each student, depending on the program of study. Some things to consider are tuition fees, books and supplies, parking and transportation, housing or residence and food and living expenses.