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Funding Opportunity Directory

The University of Toronto is working to respond to the COVID-19 pandemic, including providing emergency financial support and work-study opportunities for students.

Funding Directory 


Victoria College Bursaries

Criteria:

  • You are full-time domestic student Victoria College student experiencing financial difficulties or sudden changes in financial situation.
  • You have explored all other avenues of financial aid including government assistance and/or UTAPS.
  • You are a domestic/international student with COVID-related expenses. or
  • You are an international student with financial need or have a financial emergency. International students must meet with a financial advisor in order to access the application. Call the Office of the Registrar and Academic Advising at 416-585-4508 to book an appointment.

COVID-19:

  • The Victoria College COVID-19 Grant is intended to assist current Victoria College undergraduate domestic and international students impacted by COVID-19 and who need immediate short-term financial relief because of unexpected expenses. This grant is open to both part-time and full-time students.
  • Each request for emergency aid is considered on its own merits and based on need associated with an educational program and unexpected critical costs incurred by students as a direct result of COVID-19.  Expenses that may be considered include living costs, travel home, moving costs, technology and other extraordinary and reasonable needs. Insufficient information and/or documentation (receipts) will affect the consideration of your application for a grant.

Fall deadline: November 1, 2020

About Bursaries:

  • Non-repayable grants for students
  • Assists with Fall/Winter (September to April) or Summer (May to August) academic sessions
  • Designed to cover modest/unexpected shortfalls of income
  • NOT sufficient to cover a student’s total university cost
  • Students ineligible for government aid will be asked to explain why
  • For students planning international learning experiences, financial aid from Victoria College may be available in the form of an Award for International Experience.

For a complete list of all awards at Victoria College see the Student Awards and Benefactors booklet.

Questions: email vic.awards@utoronto.ca and include your student number.

To avoid delays, please review the instructions below prior to submitting your application.

Bursary Application

1. Who is eligible to apply?

For non COVID-19 bursaries, full-time Victoria College students (3.0+ full credits in fall/winter, 1.5+ in summer) with financial need

  • Must be pursuing first undergraduate degree
  • Bursaries are not intended to fund non-educational expenses or repay debts.

Students are expected to contribute up to $3,600 towards their education.

  • Fixed rate of $3,600 should be met before applying for college bursaries
  • Commitment often met through pre-study period employment or part-time employment during academic year

International students

  • Eligible to be considered for grant assistance
  • Because Canada Immigration requires international students to have adequate resources, only awarded with evidence financial circumstances have changed since arrival
  • Must book financial counselling appointment to check eligibility. To book a financial counselling appointment at the Victoria College Registrar’s Office, call 416-585-4508.
  • Not sufficient to cover a student’s total university costs

Part-time students

2. If I have been granted a bursary earlier in the year, can I apply for a second bursary?

Bursary assessments are based on the full academic session.

  • Fall/Winter: September-April, Summer: May-August

Second bursaries are rarely granted.

  • Requires a significant change in financial circumstances.
  • Due to limited bursary funds, priority given to first-time applicants.
3. How do I apply?

All sections on application form must be complete.

  • Include a detailed personal statement explaining financial circumstances
  • Incomplete applications will result in a delay in assessment.
  • All financial values rounded up (no decimal values)
  • Print a copy of application for your records prior to submission.

Fall/Winter application deadlines: November 1 and February 1 (or next business day at 4 p.m.)
Summer application deadline: July 2 (or next business day at 4 p.m.)

Eligibility criteria to enter online application:

  • I am a registered Victoria College student at the Faculty of Arts and Science
  • I am pursuing my first undergraduate degree and enrolled in full-time studies (3.0+ total credits) for the fall/winter session.
  • I am a domestic student (i.e. Canadian citizen or permanent resident). Students receiving out-of-province government-financial aid, or First Nations band funding must first apply for UTAPS prior to applying for a college bursary.

Submitting an online bursary application:

  • utorid and password required for authentication
  • Responses should be drafted ahead of time; entries not saved on online application
  • There is a time limit of 30 minutes to fill out the application
  • Please submit only one completed application. To make corrections after submission, please email vic.awards@utoronto.ca

First-time applicants will be given priority.

4. When can I expect a response to my application?

Decisions usually made within 3-4 weeks of submission, if OSAP/UTAPS amounts verified

  • Notification email sent once application assessed
  • Decision letters for international students sent from University of Toronto Enrolment Services Office

Invalid mailing addresses on ACORN could prevent processing of payments

Students assessed by OSAP as requiring maximum assistance:

  • Should not apply until UTAPS eligibility is verified o May be eligible for University of Toronto Advance Planning for Students (UTAPS) grant
  • Until UTAPS assessment is available in early November, applicants who may be eligible for will not be assessed by Bursary Committee.
  • Also applies to out-of-province students and those receiving First Nations band funding.
5. How are the funds disbursed?

First applied to any outstanding tuition, incidental, or residence fees in student account

Any credit amount remaining will be issued in a refund

Method:

  • Direct deposit preferred by University of Toronto Student Accounts – Direct Deposit Set Up Tutorial. Look under Finances.
  • Refunds may be sent to current mailing address (as listed on ACORN).

May take up to 2 weeks for funds to be processed to student account.

6. OSAP Exemption

Students receiving OSAP/government aid must report any awards or scholarships received during academic year to Enrolment Services.

  • Funds may be subject to OSAP exemption
  • Students responsible for verification through Enrolment Services
7. Where can I obtain financial information and counselling?

The Office of the Registrar and Academic Advising is your information and counselling centre. To make an appointment with our financial counsellor, email vic.awards@utoronto.ca or call 416-585-4508.

8. Named Bursaries (optional)

Students may apply for general bursary funds and/or bursaries with specific terms (some are listed below).  Also see the Bursary section of the Student Awards and Benefactors PDF. Students who would like to be considered for a specific bursary should indicate the award name in the personal statement of the online bursary application.

  • The Academy of Lifelong Learning Bursary: Awarded to mature students to allow them to continue their studies at Victoria College.
  • The Anne Christie and William Robins Bursary:  Awarded to international students with financial need at Victoria College. Preference will be given to students who come from the African continent.
  • The Counselling Foundation of Canada Bursary for Volunteer Services: This bursary was established to encourage volunteer activities and the development of leadership skills. Several bursaries are given annually to Victoria College students who can demonstrate financial need and who are involved in voluntary activities (including the Victoria College Vic Reach and Mentor programs).  
  • The Edward Gladstone Schafer Memorial Bursary: Awarded to students enrolled in programs in Actuarial Science or Commerce.
  • The Ernest G Clarke Bursary: Awarded to students who have financial need and who live in a Victoria University residence
  • The Freda M Eickmeyer Bursary:  Awarded to Victoria College students with demonstrated financial need to provide the opportunity to live in residence with preference given to residence in Annesley Hall.
  • The General Motors Bursary for Students with a Disability: Awarded to students with a disability.
  • The General Motors Bursary for Indigenous Students: Awarded to Indigenous students with demonstrated financial need.
  • The K. Margret Morgan Residence Award: Awarded to an outstanding Second or Third Year student to provide the opportunity to live in a Victoria University residence. Financial need must be demonstrated. 
  • The Margaret Hallman Memorial Bursary: Awarded to women students over 25 years of age to enable them to engage in full-time degree studies at Victoria College.
  • The Member of the Class of 1935 Bursary: Awarded to students with financial need with preference given to Indigenous students.
  • The William and Margaret Wilson Bursary: Awarded to Victoria College students with demonstrated financial need.  Preference will be given to students enrolled in the Vic One program.
9. Student Responsibilities
  1. Students should apply early for government assistance such as OSAP (i.e., no later than May 31 for Fall-Winter for returning students, June 15 for new students) as it may take up to 8 weeks for a complete OSAP application to be assessed and funding disbursed.

    An OSAP application is incomplete until the student has uploaded forms using OSAP’s online system – Signature Pages, Supporting documentation, and Master Student Financial Assistance Agreement (MSFAA) consents.

    An early OSAP application means that students can:
    • begin their financial planning early and be ready to concentrate on their studies when classes begin
    • begin their financial planning early and be ready to concentrate on their studies when classes begin
    • register by deferring their tuition fees using the Student Web Service
    • access their OSAP funds at the start of classes
    • receive first consideration for UTAPS grants

  2. Students need to prepare a reasonable and responsible budget prior to beginning their studies. A budget will help students to ensure that they live within their means and make informed decisions based on available resources. Students who bring with them outstanding debt from credit cards and lines of credit when beginning their studies will have difficulty servicing these obligations while maintaining full‐time enrolment.
    One‐time only financial support may be available from the University for students who have encountered an unexpected exceptional expense, but the financial support is not intended to be a source of continued funding. The University’s resources can only assist registered students. There are not funds available to support a student’s partner or relatives.

  3. Students should make every effort to remain in good standing academically. They should consult with their Registrar’s Office about program and course selection to complete their degree in the normal time period to save themselves unnecessary tuition and debt. If a student drops courses, he/she should consult their Registrar’s Office and/or Enrolment Services about the possible impact on OSAP and other funding.

  4. Students should determine the impact on their fall resources if they study in the summer, and if summer study is optional in their program. They should be aware of the effect on their resume after graduation if they have no summer work experience as the result of studying twelve months of the year throughout their university studies.

  5. Students must ensure their continued eligibility for OSAP by meeting OSAP’s standards of academic progress, reporting their income to OSAP, maintaining their government student loans in good standing, and updating their address.

  6. Students should maintain a good credit rating by borrowing responsibly and limiting the use of credit cards relative to their current ability to repay.

  7. Students should explore all other avenues of financial support before applying for need‐based grant assistance from the University. Other avenues of support can include family, OSAP appeals, work study, savings, part-time employment, summer employment, external awards, daycare subsidies, lending institutions.