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

There are several scholarship, bursary and award programs offered through the Financial Aid Office. To qualify for most of these, you need to have applied for OSAP and/or provide proof of Postsecondary Student Support Program sponsorship.

Academic Acheivement Award for OSAP Recipients

This scholarship program awards returning students demonstrating academic achievement in their previous OSAP funded year. To qualify, students must be accessing full-time OSAP funding to help with the cost of postsecondary studies. Other eligibility criteria apply.

How to apply

No application is required. Your eligibility for this award will be based on your academic achievement from the previous OSAP funded year as well as your current unmet financial need. The Financial Aid Office will review student’s eligibility and issue awards automatically to those that qualify (budget permitting). If eligible, you will be notified and receive your award prior to the end of your current study term. To qualify, at minimum your average for all OSAP funded courses in the previous year must be above 80%. Please note that students enrolled full time in the Spring term may also receive this scholarship.

Financial Aid Bursary

Students can apply for the Financial Aid Bursary using the online application forms 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 a Financial Aid Bursary, you will need to be logged into your Algoma U email account and logged out of any other Gmail account. If you have applied for full-time OSAP by end of August, you will be emailed the link to the application form to the email address you specified on your OSAP application, if applicable. The link will also be posted through social media and the Student Portal.

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. 

Deadline: To be determined

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. The award is limited to students attending postsecondary in their first degree, diploma, certificate or program (not second degree or transfer students). Students must be attending full time, and be in good academic and financial standing with OSAP and the school, and have an unmet educationally related financial need.  

Deadline: To be determined

Action: Application and Financial Needs Assessment required

Value: Varies

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, students wanting to pursue academic upgrading on a full or part-time basis to advance their employment-related skills, or for students in the ESL program. 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 (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 form (PDF).

  • Fall or Fall/Winter studies deadline: July 12
  • Winter only deadline: November 15
  • Spring deadline: March 27

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 (exceptions apply), 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, 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 any other form of government or Financial Aid assistance at the same time (except BSWD funding)
Emergency Bursary

The Emergency Bursary provides support to government-funded students who are experiencing 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;
  • 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.