Home > Students > Awards & Scholarships > Application Awards > Financial Aid Bursaries

Financial Aid Bursaries

There are several bursary programs offered through the Financial Aid Office. Bursaries are a form of non-repayable aid for students that qualify and have a financial need.

Financial Aid Bursary, Ontario First Generation Bursary, Indigenous Student Bursary

Students can apply for the Financial Aid Bursary, Ontario First Generation Bursary, and Indigenous Student Bursary using the online application form when it is posted during the open periods listed below. All bursary applications are available in the Fall only. Students studying in the Fall semester only, or  Fall and Winter semesters may apply. Availability and bursary amounts are subject to change.

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

To apply for Financial Aid Bursaries, you will need to be logged into your Algoma U email account. If you have applied for full-time OSAP by end of August, you will be emailed the link to the application form. The link will also be posted through social media. You can also contact the Financial Aid Office via email for the link.

Algoma Special Bursary Program

This bursary is for students studying on a part-time basis or in an ESL program. Specific eligibility criteria is listed on the form.

  • Fall or Fall/Winter studies: July 31
  • Winter only: November 30
  • Spring: March 31

The Special Bursary Program offers financial assistance to those students study 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 cannot be receiving any other type of government or financial aid assistance. The bursary will first be applied to any balance owing on the student’s account with Algoma University.

How to apply

Download and complete the Special Bursary Program (PDF) application. Complete all sections, print, sign and attach any necessary documentation before submitting to the Financial Aid Office.

  • 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, or taking academic upgrading such as English as a Second Language;
  • 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 (see below), or 50% or more of family income must be derived from Social Assistance;
  • Application must be received by the Financial Aid Office at least 30 days prior to study period start date;
  • Must be in good academic and financial standing with Algoma University and OSAP;
  • Funding is non-repayable; however successful course completion is required to be eligible for continued funding; and
  • Cannot receive Special Bursary and any other form of government or Financial Aid assistance at the same time.

The Emergency Bursary provides support to government funded students who are experience a financial need due to unforeseen and unplanned circumstances beyond their control. Typically, bursary funding is first applied to any balance owing on the student’s account with Algoma University; however, individual circumstances will be reviewed to determine how the bursary will be disbursed.

How to apply

Download the complete the Emergency Bursary (PDF) application. Complete all sections, print, sign and attach any necessary documentation before submitting to the Financial Aid Office.

  • Must be a Canadian Citizen, Permanent Resident, or Protected Person of Canada;
  • Students must access OSAP or other provincial loan or grant programs;
  • Must demonstrate an educationally related unmet financial need;
  • Must be in good academic and financial standing with Algoma University and OSAP;
  • Students may only receive one bursary per academic year;
  • Bursary offered in the Fall/Winter only (not available in Spring);
  • Value based on need and amount of study weeks remaining;
  • Must have a financial need relating to an unforeseen circumstance;
  • Funds provided for assistance with food, medicine, textbook, or other emergency type expenses; and
  • Students with fees owing that are past due are not eligible.
Frequently Asked Questions

Can I apply using a paper application?

The only applications that can and must be submitted by paper are the Algoma Special Bursary Program and the Emergency Bursary. All other bursary applications must be completed electronically and submitted during the month of October. If students require assistance with the electronic application they may contact the Financial Aid Office or visit during Drop in Hours.

Can I apply after the deadline date?

The deadline for electronic applications is firm, the form will not be available to students after the closing date. Applications for the Algoma Special Bursary Program and Emergency Bursary Program may be considered if submitted late, pending availability of funding. Priority of funding is given for early and on-time applicants.