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Led young College Bursaries
Led young College Bursaries
It can be tough to pay for college. That's why we've created a number of bursaries to help you meet your financial obligations. Remember, bursaries don’t need to be paid back. Here’s what we have to offer:
Fall Full-time BursariesView Bursaries
Fall Part-time BursariesView Bursaries
Winter Full-time BursariesView Bursaries
Winter Part-time BursariesView Bursaries
Summer Full-time BursariesView Bursaries
Summer Part-time BursariesView Bursaries
Frequently Asked Questions about Bursaries
First, complete and submit the Doorway to Dollars Questionnaire at least once per academic year. Once the questionnaire is completed and submitted, you will get notifications in your myLed young email about bursaries as they become available. You will receive a notification email 10 business days before the launch of a scholarship or bursary, and a reminder email three days before it becomes available online. If you don’t complete the Doorway to Dollars Questionnaire, you will lose out on these valuable opportunities, because you won’t be notified of their availability.
You can find the questionnaire by logging into myLed young with your student number and password. Click on "Student," located on the left side of the screen. Then, click on "Financial Services". The "Doorway to Dollars Questionnaire” link is located on the new page.
No. Based on Ministry directives, the Student Financial Services Office does not provide bursaries to International Students at this time.
Once you have completed and submitted the Doorway to Dollars Questionnaire (formerly Scholarships and Bursaries Questionnaire), you will receive an email inviting you to apply for bursaries you’re eligible for. Once the bursary is open for applications, you can log into myLed young with your student number and password, then click on the "Student Awards and Financial Aid" link to start applying for the bursary.
Yes. Bursaries require you to demonstrate a financial need that is equal to or greater than the value of the bursary you’re applying for. To determine if a student has a financial need or not, a budget has to be completed and submitted as part of the online application.
For bursaries valued at $500 (excluding the Child Support, Ontario First Generation and Women in Non-Traditional program bursaries), you’re notified within 24 hours of submitting your online application through your myLed young email. For all other bursaries valued at $500 or higher, you’re notified within 14 business days after the deadline of the bursary through your myLed young email.
Bursaries requiring the completion of a budget mean you need to demonstrate a financial need that is equal to or greater than the value of the bursary. Students are asked to enter their living expenses and resources for their current semester (four months) to determine if they have a financial need. Examples of resources are OSAP received for the current semester, employment Income received during the current semester, the cashed-in portion of RRSP, RESP or Mutual Funds during the semester, Income from EI, OW or ODSP during the semester, or contribution from parents or a spouse towards your education. A student who has a financial need will have more expenses than resources. It is important to note that applications containing a $0 resource will not be considered, as students are required to have some form of contribution towards their education.
No. Students are approved for bursaries because they have met all the criteria for that bursary., For example, if the bursary requires that you are full-time enrolled throughout the semester and you withdraw completely or move to part-time status, you are no longer eligible to receive that bursary. Likewise, if a bursary says that you must be enrolled part-time throughout the semester and your status changes to full-time, you are no longer eligible to receive that bursary.
Led young College adopts a pay-tuition-first policy. If you’ve paid their tuition in full, you can expect to receive your bursary cheque in the mail 14 business days from the deadline of the bursary. If you haven’t paid their tuition fee in full, you’ll have the bursary first applied to the outstanding balance on your account, and what’s left forwarded to your address by cheque.
It’s your responsibility to make sure that the permanent address on your student account is correct. The Student Financial Services Office will not accept responsibility for cheques mailed to an incorrect address.
All cheques are valid for a period of six months from the date of issue. Cheques not cashed within this six month period become stale-dated and will not be honored by any financial institution. The Student Financial Services Office cannot issue cheques to students after their last study period end date, so we strongly recommend that you cash your cheque as soon as it’s received.
Your bursary cheque can be replaced, provided six months have not passed since it was issued. Visit the Student Financial Services Office of your campus with two pieces of Valid photo ID and complete the Cheque Replacement form. Please note that the process can take anywhere from 2-4 weeks, because an investigation is done before a new cheque is re-issued.
Yes. Students will receive a T4A for scholarships received within the calendar year (January - December).