Paying for post-secondary education is expensive. Here are some financial aid options for Trent University students!
Parents and post-secondary students know that money matters at Trent University. Tuition and education costs can take a hit on your wallet. In addition, the stress of paying for textbooks, school equipment, tuition, living expenses, and more, can feel like a heavy burden, especially when students are not experienced with managing their finances.
Trent University wants its students to succeed, so the school provides many resources to help make this education affordable. This article aims to equip Trent University students with information on scholarships, awards, bursaries, OSAP, and their work-study program.
So, what are you waiting for? Take advantage of these valuable student resources at Trent University!
Scholarships and Awards
Firstly, Trent University strives to promote and reward academic excellence. Therefore, the school offers a comprehensive and various scholarship program that includes merit-based financial awards. These awards are centered around academic excellence or a mixture of academic achievement, community involvement, and leadership. Some of these scholarships are directly used towards tuition and school fees, which means recipients are not required to repay the award.
Trent’s National Entrance Scholarship is the most popular scholarship for domestic first-year undergraduate students, and it is renewable for up to 4 years of full-time study at Trent University. Applications are not required for this scholarship.
Academic averages and their corresponding scholarship earnings:
- 80% – 85% can earn up to $4,000 ($1,000/year)
- 85% – 90% can earn up to $6,000 ($1,500/year)
- 90% – 95% can earn up to $10,000 ($2,500/year)
- 95% or higher can earn up to $12,000 ($3,000/year)
Trent University offers additional scholarships, bursaries, and awards. For a full list of their offerings, click here.
Moreover, there are external scholarships to consider. For example, Yconic and ScholarTree are home to many scholarships that have been created by external organizations.
Entrance Bursaries
Since money matters at Trent University, look into their bursary options. A bursary is free money that is awarded by Trent University and its donor community. They award these to students based on financial need.
Trent University offers an assortment of entrance bursaries, including:
- New Student Entrance Bursary: $500 or $1,000
- Athletic Entrance Bursary: $500
- City of Peterborough Entrance Award: $2,000
To apply for these, visit the myTrent student portal and check under the Finances page. The application deadline closes at the end of July.
In addition, there are external bursaries available. Visit these Bursary Search Engines for more information:
Furthermore, a few examples of external bursaries include:
- Metis Nations of Ontario
- YWCA Education and Awareness Awards
- Soroptimist
- Kiwanis Club of Peterborough Inc.
- IODE Ontario Lucy Morrison Bursary
For more details on external bursaries, visit Trent University’s External Bursaries web page.
Ontario Student Assistance Program (OSAP)
Moreover, OSAP is a financial aid program in Ontario that helps post-secondary students pay for their college or university education. Basically, OSAP provides funding through grants (money you do not have to pay back) and loans (money you pay back when you graduate or finish your education). This makes paying for tuition, school fees, textbooks, equipment, and living expenses that much more affordable. You must be an Ontario resident as well as a Canadian citizen, permanent resident, or protected person to apply for OSAP.
Part-Time Jobs and Trent’s Work-Study Program
In order to afford post-secondary education, many students turn towards part-time jobs or a work-study program that allows them to learn and work at the same time. Trent’s Work-Study Program funds hundreds of student jobs on campus, so Trent students can find work while earning their degrees.
In addition, this program funds part-time jobs for students who are receiving student aid from OSAP or another province, or through the Post-Secondary Student Support Program (known as PSSSP). For more information on Trent University’s Work-Study Program, visit their Tuition, Scholarships, and Financial Aid page.
Financial Aid Office
If you are seeking guidance when it comes to paying for your tuition and extra post-secondary expenses, visit Trent University’s Financial Aid Office. They are located in the Registrar’s Office in Blackburn Hall (1600 West Bank Drive). The Financial Aid Office is open Monday to Thursday from 9 AM to 4 PM, and Fridays from 10 AM to 4 PM.
You can also reach them by phone: 705-748-1524 OR 905-435-5102 x1524
Summary
In conclusion, money matters at Trent University. They offer a number of financial aid options for students. Therefore, from scholarships, awards, and bursaries, to student loan information and work-study programs, students can decide how to best fund their post-secondary education. For more information, check out Services at Trent University next!
