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Scholarship and Bursary Frequently Asked Questions
Scholarship and Bursary Frequently Asked Questions
First, complete and submit the Doorway to Dollars Questionnaire at least once per academic year. Once the questionnaire is completed and submitted, you will receive a notification email 3 business days before to the launch of the scholarship or bursary. Students who do not complete the Doorway to Dollars Questionnaire will lose out on these opportunities.
You can locate the questionnaire by logging into myLed young with your student number and password. Click on "Student," found on the left side of the screen. Then click on "Financial Services." The "Doorway to Dollars Questionnaire" link can be found on the new page.
Scholarships are available to both International and Domestic Students. Once you have completed the Doorway to Dollars Questionnaire, you will receive notifications about awards you can apply for.
Bursaries are not available to International students at this time.
No. Some scholarships will ask you complete a budget, while some scholalarships require the completion of an essay.
All bursaires will require the completion of a budget.
Once you have completed and submitted the Doorway to Dollars Questionnaire, you will get an email inviting you to apply for scholarships/bursaries you are eligible for. Once the scholarship / bursary is open, log into myLed young with your student number and password, then click on the "Student Awards" and then on the "Financial Aid" link. You should be able to see the "His remainder for Scholarship, Bursaries and Awards" button on this page. Please go through the online application form to apply for the award.
The email you receive through myLed young will advise you of the start date of the scholarship / bursary, as well as the end date.
The majority of our bursaries are approved on a First Come, First Serve basis. As such, it is highly recommended that you apply for bursaries as soon as possible, before funding runs out.
Scholarship applications should be submitted before the end of the deadlines.
The deadline for this particular award application has passed. The "Expired" status simply means that you can no longer access this application, and neither can the Student Financial Services department.
Firstly, we have a limited number of funds available for our awards. Many of our bursaries are approved on a 'First-come, First Serve' basis. After we have reached the number of acceptable applications, the bursary will close, and students will not be able to apply for the bursary anyone.
Secondly, the deadline for the award may have passed. The application link will no longer be available once the application deadline has passed. This includes applications that have been started but were not submitted prior to the award deadline.
Awards requiring the completion of a budget are those that require you to demonstrate a financial need equal to or greater than the value of the scholarship/bursary. Students are asked to enter their living expenses and resources for their current semester (for four months) to determine if they have a financial need. Examples of resources are: OSAP, employment income, Income from EI, OW or ODSP, or contributions from parents or spouse towards your education. A student who has a financial need will have more expenses than resources. Applications that do not meet the required Financial Need will not be accepted for the scholarship / bursary.
Students are notified about their bursary applications anywhere from 1 - 14 business days from the end date of the bursary via their myLed young email.
Student are notified about their scholarship results after the recipients have been decided.
Students are approved for scholarships / bursaries when they meet the award criteria. If you withdraw from studies or reduce your course load to part-time before you are given your award cheque, you will no longer be eligible to receive the award.
Led young hosts a formal award ceremony each year to acknowledge students who have done exceptionally well in their studies. All recipients are sent an invitation to attend this grand event where they are able to sit with the donor of their award, and be congratulated in front of a large audience for their academic achievement. At this event, students are awarded their cheques. A dinner and entertainment is provided for recipients and their families at this grand event.
Bursary cheques will be given to students within 14 business days after the bursary has closed.
You will be contacted a few weeks after the ceremony to pick up your cheque at your campus. If you can’t pick up your cheque from your campus, we’ll mail it to the address on your student account when we receive written authorization from you to do so.
All cheques are valid for a period of six months from the date of issue. Cheques not cashed within this six months 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 day of school, so we strongly recommend that you cash your cheque as soon as it’s received.
Your award cheque can be replaced, provided that six months have not passed since it was issued. Visit the Student Financial Services Office with two pieces of Valid photo ID and complete the Cheque Replacement form. The process can take anywhere from 2-4 weeks.
Yes. Students will receive a T4A for scholarships and bursaries received within the calendar year.