Need Based Programs

There are several scholarship, bursary and award programs offered through the Financial Aid Office.

Academic Success Bursary

This scholarship awards returning students demonstrating academic achievement in their previous year. To qualify, students must be entering their 2nd, 3rd or 4th year of studies in an undergraduate degree program and have achieved an average of 75% or higher in the previous year of studies (Fall and Winter). Other eligibility criteria apply. An application form is required and is available through the Student Portal during the first month of studies in the Fall and Winter terms.

Bursary for Current and Former Youth in Care

The Exceptional Expense Bursary can also provide up to 100% in tuition coverage through a non-repayable bursary for students that are currently in or are former youth in care through Ontario’s Extended Society Care program. A letter from the Children’s Aid Society will be required as a part of the application. This bursary can be renewed each year for a maximum of three additional years.

Deadline: Ongoing Consideration

Action: Exceptional Expense Bursary application and Financial Needs Assessment required

Value: Based on unmet financial need, up to 100% of tuition costs

Exceptional Expense Bursary

This bursary provides students with additional funding for costs not covered through any other source.

Deadline: Ongoing Consideration

Action: Application and Financial Needs Assessment required

Value: Varies

Financial Aid Bursary

Financial Aid Bursaries are available to domestic students with a financial need after accessing other available resources. Students can apply for the Financial Aid Bursary using the online application form available on the Student Portal. Availability and bursary amounts are subject to change.

Fall and Winter Application:

  • Application opens: October 1
  • Application deadline: October 31

Winter Application

  • Application opens: First day of classes in January term 
  • Application deadline: January 31
Indigenous Student Bursary

The Indigenous Student Bursary provides aid to Indigenous students that are residents of Ontario and demonstrate financial need. The value of this bursary depends on financial need and number of eligible applicants. Prior to applying for this bursary students are expected to exhaust all other financial means for funding their education, including savings, work income, family support, government income, and other as appropriate.

Application opens: October 1

Deadline: October 31

Action: Application and Financial Needs Assessment required

Value: Varies

Ontario First Generation Bursary

The Ontario First Generation Bursary provides financial assistance in the form of a bursary to Ontario students that are the first generation in their family to participate in postsecondary studies. Depending on the volume of eligible applicants, first consideration for this award may be given to students that are attending postsecondary in their first degree, diploma, certificate or program. Students must be attending full time, be in good academic and financial standing with OSAP and the school, and have an unmet educationally related financial need.

Application opens: October 1

Deadline: October 31

Action: Application and Financial Needs Assessment required

Value: Varies

Renewed Computer Technology Program

Algoma University has partnered with RCT to offer our students with low-income access to a laptop or desktop computer. The Financial Aid & Awards Office covers the cost of the computers. Domestic and international students can apply. An application is required and is available through the Student Portal

Deadline: September 30

Action: Application and Financial Needs Assessment required

Algoma U Special Bursary Program

The Special Bursary Program offers financial assistance to students studying part-time at the post-secondary level for the first time or students wanting to pursue academic upgrading on a full or part-time basis to advance their employment-related skills. Assisting students from families that rely on provincial social assistance or Ontario Disability Support Program is a priority of this program. Students receiving aid through this program cannot be receiving financial aid assistance through OSAP or other bursary funding (except BSWD funding). The bursary will first be applied to any balance owing on the student’s account with Algoma University. Specific eligibility criteria is listed on the Special Bursary Program info sheet (PDF).

  • Fall or Fall/Winter studies deadline: July 12
  • Winter only deadline: November 15
  • Spring deadline: March 31

How to apply 

Complete your application and upload all required supporting documentation to the form by the deadline. The following is a list of eligibility criteria:

  • Must be a Canadian Citizen, Permanent Resident, or Protected Person of Canada;
  • Must be studying on a part-time basis (59% course load or less) toward first degree, diploma, or certificate (exceptions apply)
  • Course(s) must be a minimum of 4 weeks in duration;
  • Course(s) must have defined start and end dates;
  • Total family income must fall within income limit threshold, or 50% or more of family income must be derived from Social Assistance;
  • Application must be received by the Financial Aid Office by the deadline;
  • Must be in good academic and financial standing with Algoma University;
  • Funding is non-repayable; however successful course completion is required to be eligible for continued funding; and
  • Cannot receive Special Bursary and OSAP or other financial aid assistance for their studies at the same time (except BSWD funding).
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Frequently Asked Questions

Where do I apply for bursaries?

All applications are online and accessible through the Student Portal within the Financial area.

Can I apply after the deadline date?

For programs with posted deadlines, the application dates are firm. The Financial Aid Office offers several bursaries that provide ongoing consideration such as the Emergency Bursary. Applications for ongoing programs will continue to be considered while funding remains.

Can international students apply for bursaries?

Certain bursary programs are also available for international students. If the bursary is available for international students it will indicate this within the eligibility criteria. 

What is a Financial Needs Assessment?

A Financial Needs Assessment form must be filled out by any student requesting bursary or work study assistance. It is a budget form where you will list your resources and expenses for the academic year. A new Financial Needs Assessment is required each year.