External Award Opportunities
Government Student Aid
An application for student aid through your province is an application for three different types of funds:
- Canada Student Grants
- Provincial Student Bursaries
- Federal and Provincial Student Loans
The amount you can receive depends on several factors, including:
- your province or territory of residence
- your family income
- if you have dependents
- your tuition fees and living expenses
- if you have a disability
The amount you can receive in grants and loans is calculated when you apply with your province or territory.
To find out if you can receive Canada Student Grants or Loans, use the federal student aid estimator. Note that this estimator doesn't take into account the provincial and territorial student grants and loans.
Basic Government Student Aid Application Information
- You can begin applying on or after June 15 for the fall and winter semesters of the next academic year.
- A percentage course load calculation is needed for your student loan application. To calculate the percentage course load, divide your credit hours for the year by the number of credit hours you need to take each year to complete your degree. It looks like this:
- % Course Load for a Bachelor of Arts = credit hours for year /30
- % Course Load for Bachelor of Music = Credit hours for year /32.5
- % Course Load for of Music Therapy = Credit hours for year /33.25
- If you previously received student loan funds and will be in either part-time or full-time studies for the current academic year, make sure you contact the Student Financial Services Administrator to complete a confirm your enrolment with the National Student Loans Service Centre (NSLSC) and your province (if you province requires this). If this is not completed you will have to begin repaying your previous student loan(s).
- You will receive 60% or your funds in the fall semester and then 40% in the winter semester – budget accordingly.
Full-time Students
- You must maintain full-time status (above a 60% course load) per term in order to obtain and/or keep your loan in an interest free state.
Part-time Students
- Loans for part-time studies are available but are not interest-free.
CMU is recognized as a designated educational institution under the Canada Student Loan program.
Futures Forward Tuition Waiver Program
Canadian Mennonite University sponsors one former/current youth-in-care student for full tuition over four years. The deadline for Tuition Waiver applications is March 31 each year.
Other Awards, Bursaries, Fellowships, Grants, Scholarships, and Free Stuff
There are many scholarships, bursaries and awards that exist which can help you reduce your education costs. Below find some websites that can help you finance your education.
- Studentawards.com
Find out what scholarships and awards you may be eligible for with this very helpful free search engine. - Scholarshipscanada.com
An excellent free scholarship search engine to help match you up with potential scholarships and awards. - Canada Millennium Scholarships
A great source of non-repayable funding including the bursaries which make up 95% of the awards given out and excellence awards which make up the remaining 5%. Contact the Admissions Department for more information. - International Student Identity Card (ISIC)
A great deal if you are travelling, the card gets you deals on anything from transportation to museums. This card is worth it if you plan to travel. - Hostelling International Canada (HI-Canada)
If inexpensive travel is your goal, a hostelling membership is a great ticket to cheap accommodation in over 60 countries, as well as discounts on other attractions worldwide. - Students and Credit Cards
Printed from: www.cmu.ca/financial/aid-external