Financial Aide and Awards for Graduate Students Plan

Plan Ahead n Financial Planning is a key to your success! n Create a

Know your costs n Costs are substantial n Cost of living for a domestic

Know your income if possible n What was your funding agreement? ØUsually made up

Preferred Order of Funding – Internal Scholarships n Entrance Scholarships Ø Automatically applied at

Preferred Order of Funding – External Scholarships Natural Sciences and Engineering Research Council (NSERC)

Preferred Order of Funding – External Scholarships Social Sciences and Humanities Research Council (SSHRC)

Preferred Order of Funding – External Scholarships n Canadian (CIHR) Institutes of Health Research

Preferred Order of Funding – External Scholarships n Ontario Graduate Scholarships (OGS) § One

Preferred Order of Funding – External Scholarships n Governments, business, service organizations n Search

Preferred Order of Funding – Employment n Internal ØGraduate Research Assistantships (GRA) ØGraduate Service

Preferred Order of Funding – Loans and Bursaries n Loans ØOSAP ØCananada Student Loans

Preferred Order of Funding Bursaries n Bursaries ØStudent Financial Services – January 10 n

Debt Management n What sort of debt are you willing to accrue? ØCan you

Got Problems? Review all scholarships n Establish your need n Ø Ensure that all

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Financial Aide and Awards for Graduate Students

Plan Ahead n Financial Planning is a key to your success! n Create a budget ØGovernment of Canada has an on-line budget planner § http: //tools. canlearn. ca/cslgs-scpse/cln-cln/40/fppf/fp-pf. obp. do? langcanlearn. ca n Be realistic

Know your costs n Costs are substantial n Cost of living for a domestic student Ø$19, 000 - $27, 000 n Cost of living for an international student Ø$28, 076 – $36, 261 n Hidden Costs ØEmergencies, trip home, new climate

Know your income if possible n What was your funding agreement? ØUsually made up of a number of options. ØPreferred order of funding

Preferred Order of Funding – Internal Scholarships n Entrance Scholarships Ø Automatically applied at admission Ø Lobby if you fit the criteria n Continuing Scholarships Ø Chart out award deadlines Ø Application required - apply for everything for which you are eligible Ø Application not required (student is nominated) lobby for yourself if you are needy http: //www. uoguelph. ca/graduatestudies/calendar/grad awards/index. shtml

Preferred Order of Funding – External Scholarships Natural Sciences and Engineering Research Council (NSERC) Canadian or Permanent Residents n n PGSM/CGSM - $17, 3000 / $17, 500 per year - held for 12 months PGSD/CGSD – $21, 000 / $35, 000 per year - held up to 36 months – CGSM/CGSD now known as the Alexander Graham Bell Canada Graduate Scholarships NSERC Vanier CGS - $50, 000 per year – held up to 36 months (International may apply) – nomination by university n NSERC CGS Foreign Study Supplements – up to $6000 n n n IPS 1 - $21, 000 per year – held for 24 months IPS 2 – $21, 000 per year – held for up to 36 months www. nserc-crsng. gc. ca/

Preferred Order of Funding – External Scholarships Social Sciences and Humanities Research Council (SSHRC) Canadian or Permanent Residents only Joseph-Armand Bombardier CGS Doctoral Scholarships $35, 000 per year (for 36 months) n SSHRC Doctoral Fellowship $20, 000 per year (for 12, 24, 36 or 48 months) n SSHRC Vanier CGS - $50, 000 – up to three years (international may apply) – nomination by university n CGS Foreign Study Supplement – up to $6000 n Joseph-Armand Bombardier CGS Master’s $17, 500 for one year, non -renewable n National competitions for limited numbers of awards n www. sshrc. ca

Preferred Order of Funding – External Scholarships n Canadian (CIHR) Institutes of Health Research Canadian or Permanent Residents only § CIHR Vanier CGS - $50, 000 – up to three years § CGS - Master’s - $17, 500 for one year www. cihr. ca n Heart and Stroke Foundation Master’s Studentship Canadian or Permanent Residents only § $18, 000 for up to two years http: //www. hsf. ca/research/en/provincial-programs/ontariomasters-studentship-award. html

Preferred Order of Funding – External Scholarships n Ontario Graduate Scholarships (OGS) § One year awards § Limited amount for international students § $15, 000 per year www. osap. gov. on. ca/eng/not_secure/OGS. htm

Preferred Order of Funding – External Scholarships n Governments, business, service organizations n Search engines Øcollegenet. com/mach 25/ Øscholarshipscanada. com Østudentawards. com n Explore all opportunities

Preferred Order of Funding – Employment n Internal ØGraduate Research Assistantships (GRA) ØGraduate Service Assistantships (GSA) ØOntario Work Study Program (OWSP) ØService Units on Campus n External ØHopefully not, unless you are part-time or really in need

Preferred Order of Funding – Loans and Bursaries n Loans ØOSAP ØCananada Student Loans n Emergency Services n Bank Loans – Student Financial

Preferred Order of Funding Bursaries n Bursaries ØStudent Financial Services – January 10 n GSA/Uof. G Emergency n Bursaries - Compassionate Health n International Student Bursaries ØBenny Quay

Debt Management n What sort of debt are you willing to accrue? ØCan you manage to borrow money to avoid having to work too much and thus taking longer to finish (hidden higher debt) n Avoid the use of credit cards if possible

Got Problems? Review all scholarships n Establish your need n Ø Ensure that all costs are reasonable n n n Talk to your research supervisor, chair, and college Associate Dean Research and Graduate Studies Fill out a Financial Need Assistance form Speak to a Financial Aide Counsellor in SFS Speak to Pauline Sinclair in GPS if all avenues have been exhausted Form available to aide in the process at www. uoguelph. ca/registrar/graduatestudies/files/assista nce_request. doc