A bursary is a form of non-repayable financial assistance awarded primarily on the basis of demonstrated financial need rather than academic achievement. Like scholarships, bursaries do not need to be repaid, making them an important source of financial support for students who require assistance to meet the costs of post-secondary education.
Canadian colleges and universities, government agencies, charitable organizations, and private foundations may offer bursaries to eligible students. To qualify, applicants are generally required to complete a financial needs assessment and provide documentation such as proof of income, tax information, or details of their financial circumstances. Depending on the institution, students may also be asked to submit a personal statement explaining their financial need or any exceptional circumstances affecting their ability to finance their education.
Bursaries may be awarded as entrance bursaries for newly admitted students or as in-course bursaries for continuing students experiencing financial hardship. Award amounts vary and may help cover tuition fees, textbooks, accommodation, transportation, or other education-related expenses. Some bursaries are specifically intended for particular groups of students, such as international students, Indigenous students, students with disabilities, or those enrolled in designated programs.
Applications are typically reviewed by a financial aid committee, which assesses each applicant’s financial situation against the institution’s eligibility criteria. Because bursary funding is often limited and application deadlines vary, students are encouraged to apply early and consult the financial aid office at their chosen institution for information on available bursaries and application procedures.