Financial Aide and Financial Aide and Awards for Graduate Awards for Graduate

StudentsStudents

Plan AheadPlan Ahead

Financial Planning is a key to your Financial Planning is a key to your success!success!

Create a budgetCreate a budgetGovernment of Canada has an on-line Government of Canada has an on-line

budget planner budget planner http://tools.canlearn.ca/cslgs-scpse/cln-cln/http://tools.canlearn.ca/cslgs-scpse/cln-cln/

40/fp-pf/fp-pf.obp.do?langcanlearn.ca40/fp-pf/fp-pf.obp.do?langcanlearn.ca

Be realisticBe realistic

Know your costsKnow your costs

Costs are substantialCosts are substantial Cost of living for a domestic studentCost of living for a domestic student

$19,000 - $27,000$19,000 - $27,000 Cost of living for an international Cost of living for an international

studentstudent$28,076 – $36,261$28,076 – $36,261

Hidden CostsHidden CostsEmergencies, trip home, new climateEmergencies, trip home, new climate

Know your income if Know your income if possiblepossible

What was your funding agreement?What was your funding agreement?Usually made up of a number of options.Usually made up of a number of options.Preferred order of fundingPreferred order of funding

Preferred Order of Funding – Preferred Order of Funding – Internal ScholarshipsInternal Scholarships

Entrance ScholarshipsEntrance Scholarships Automatically applied at admission Automatically applied at admission Lobby if you fit the criteriaLobby if you fit the criteria

Continuing ScholarshipsContinuing Scholarships Chart out award deadlinesChart out award deadlines Application required - apply for everything for Application required - apply for everything for

which you are eligiblewhich you are eligible Application not required (student is nominated) Application not required (student is nominated)

- lobby for yourself if you are needy- lobby for yourself if you are needyhttp://www.uoguelph.ca/graduatestudies/calendahttp://www.uoguelph.ca/graduatestudies/calendar/gradawards/index.shtmlr/gradawards/index.shtml

Preferred Order of Funding – Preferred Order of Funding – External ScholarshipsExternal Scholarships

Natural Sciences and Engineering Research Natural Sciences and Engineering Research Council (NSERC) Council (NSERC) Canadian or Permanent ResidentsCanadian or Permanent Residents

PGSM/CGSM - $17,3000 / $17,500 per year - held for 12 PGSM/CGSM - $17,3000 / $17,500 per year - held for 12 monthsmonths

PGSD/CGSD – $21,000 / $35,000 per year - held up to 36 PGSD/CGSD – $21,000 / $35,000 per year - held up to 36 monthsmonths– CGSM/CGSD now known as the Alexander Graham Bell Canada CGSM/CGSD now known as the Alexander Graham Bell Canada

Graduate ScholarshipsGraduate Scholarships

NSERC Vanier CGS - $50,000 per year – held up to 36 months NSERC Vanier CGS - $50,000 per year – held up to 36 months (International may apply) – nomination by university(International may apply) – nomination by university

NSERC CGS Foreign Study Supplements – up to $6000 NSERC CGS Foreign Study Supplements – up to $6000

IPS1 - $21,000 per year – held for 24 monthsIPS1 - $21,000 per year – held for 24 months IPS2 – $21,000 per year – held for up to 36 monthsIPS2 – $21,000 per year – held for up to 36 months

www.nserc-crsng.gc.cawww.nserc-crsng.gc.ca//

Preferred Order of Funding – Preferred Order of Funding – External ScholarshipsExternal Scholarships

Social Sciences and Humanities Research Social Sciences and Humanities Research Council (SSHRC)Council (SSHRC) Canadian or Permanent Residents onlyCanadian or Permanent Residents only

Joseph-Armand Bombardier CGS Doctoral Scholarships Joseph-Armand Bombardier CGS Doctoral Scholarships $35,000 per year (for 36 months)$35,000 per year (for 36 months)

SSHRC Doctoral Fellowship $20,000 per year (for 12, 24, 36 SSHRC Doctoral Fellowship $20,000 per year (for 12, 24, 36 or 48 months)or 48 months)

SSHRC Vanier CGS - $50,000 – up to three years SSHRC Vanier CGS - $50,000 – up to three years (international may apply) – nomination by university(international may apply) – nomination by university

CGS Foreign Study Supplement – up to $6000CGS Foreign Study Supplement – up to $6000

Joseph-Armand Bombardier CGS Master’s $17,500 for one Joseph-Armand Bombardier CGS Master’s $17,500 for one year, non-renewableyear, non-renewable

National competitions for limited numbers of awardsNational competitions for limited numbers of awardswww.sshrc.cawww.sshrc.ca

Preferred Order of Funding – Preferred Order of Funding – External ScholarshipsExternal Scholarships

Canadian Institutes of Health Research Canadian Institutes of Health Research (CIHR) (CIHR) Canadian or Permanent Residents onlyCanadian or Permanent Residents only CIHR Vanier CGS - $50,000 – up to three CIHR Vanier CGS - $50,000 – up to three

yearsyears CGS - Master’s - $17,500 for one yearCGS - Master’s - $17,500 for one year www.cihr.cawww.cihr.ca

Heart and Stroke Foundation Master’s Heart and Stroke Foundation Master’s Studentship Studentship Canadian or Permanent Residents Canadian or Permanent Residents onlyonly $18,000 for up to two years$18,000 for up to two years http://www.hsf.ca/research/en/provincial-programs/ontario-http://www.hsf.ca/research/en/provincial-programs/ontario-

masters-studentship-award.htmlmasters-studentship-award.html

Preferred Order of Funding – Preferred Order of Funding – External ScholarshipsExternal Scholarships

Ontario Graduate Scholarships (OGS)Ontario Graduate Scholarships (OGS) One year awardsOne year awards Limited amount for international Limited amount for international

studentsstudents $15,000 per year$15,000 per year www.osap.gov.on.ca/eng/not_secure/OGS.htmwww.osap.gov.on.ca/eng/not_secure/OGS.htm

Preferred Order of Funding – Preferred Order of Funding – External ScholarshipsExternal Scholarships

Governments, business, service Governments, business, service organizationsorganizations

Search enginesSearch enginescollegenet.com/mach25/collegenet.com/mach25/scholarshipscanada.comscholarshipscanada.comstudentawards.comstudentawards.com

Explore all opportunitiesExplore all opportunities

Preferred Order of Funding – Preferred Order of Funding – EmploymentEmployment

InternalInternalGraduate Research Assistantships (GRA)Graduate Research Assistantships (GRA)Graduate Service Assistantships (GSA)Graduate Service Assistantships (GSA)Ontario Work Study Program (OWSP)Ontario Work Study Program (OWSP)Service Units on CampusService Units on Campus

ExternalExternalHopefully not, unless you are part-time Hopefully not, unless you are part-time

or really in needor really in need

Preferred Order of Funding – Preferred Order of Funding – Loans and BursariesLoans and Bursaries

Loans Loans OSAPOSAPCananada Student LoansCananada Student Loans

Emergency Loans – Student Financial Emergency Loans – Student Financial ServicesServices

Bank LoansBank Loans

Preferred Order of Funding - Preferred Order of Funding - BursariesBursaries

Bursaries Bursaries Student Financial Services – January 10Student Financial Services – January 10

GSA/UofG Emergency GSA/UofG Emergency Bursaries - Compassionate HealthBursaries - Compassionate Health International Student BursariesInternational Student Bursaries

Benny QuayBenny Quay

Debt ManagementDebt Management

What sort of debt are you willing to What sort of debt are you willing to accrue?accrue?Can you manage to borrow money to Can you manage to borrow money to

avoid having to work too much and thus avoid having to work too much and thus taking longer to finish (hidden higher taking longer to finish (hidden higher debt)debt)

Avoid the use of credit cards if Avoid the use of credit cards if possiblepossible

Got Problems?Got Problems? Review all scholarshipsReview all scholarships Establish your needEstablish your need

Ensure that all costs are reasonableEnsure that all costs are reasonable Talk to your research supervisor, chair, and Talk to your research supervisor, chair, and

college Associate Dean Research and Graduate college Associate Dean Research and Graduate StudiesStudies

Fill out a Financial Need Assistance form Fill out a Financial Need Assistance form Speak to a Financial Aide Counsellor in SFSSpeak to a Financial Aide Counsellor in SFS Speak to Pauline Sinclair in GPS if all avenues Speak to Pauline Sinclair in GPS if all avenues

have been exhaustedhave been exhausted Form available to aide in the process at Form available to aide in the process at

www.uoguelph.ca/registrar/graduatestudies/files/www.uoguelph.ca/registrar/graduatestudies/files/assistance_request.docassistance_request.doc