ADMISSIONS ACCEPTANCE GUIDE 2012/2013 - Seneca College
ADMISSIONS ACCEPTANCE GUIDE 2012/2013 - Seneca College
ADMISSIONS ACCEPTANCE GUIDE 2012/2013 - Seneca College
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Student Loans and Financial Aid<br />
Registered students who are Canadian citizens, protected persons or have permanent resident<br />
status may apply for financial assistance through the Ontario Student Assistance Program<br />
(OSAP). If eligible, students receive assistance through The Canada Student Loan and/or Ontario<br />
Student Loan plan.<br />
Check the Ministry of Training, <strong>College</strong>s and Universities website at edu.gov.on.ca for updates on changes to the Ontario Student<br />
Assistance Program for <strong>2012</strong>/<strong>2013</strong>. You should apply for financial assistance as soon as you have confirmed acceptance to a program.<br />
You can apply for OSAP at no cost via the Ministry of Training, <strong>College</strong>s and Universities website at osap.gov.on.ca. Paper applications<br />
can be printed directly from the website at osap.gov.on.ca. Your completed application must be submitted to the Financial Aid<br />
Office at the campus you will be attending: Newnham, <strong>Seneca</strong>@York, King or Markham. OSAP also provides assistance to eligible<br />
students through the following programs:<br />
• Ontario Special Bursary: for students studying on a part-time basis<br />
• Child Care Bursary: to assist with child care costs for students who have more than 3 children<br />
• Bursary for Students with Disabilities: to assist with disability related educational costs<br />
• Ontario Work Study: part-time job opportunities<br />
FINANCING YOUR POST-SECONDARY EDUCATION<br />
Budgeting…an excellent life skill<br />
• Be Realistic<br />
• Project Income<br />
• Anticipate Expenses<br />
• Itemize<br />
Project Your Income<br />
Income can come from a variety of areas such as:<br />
• Savings you have set aside for college<br />
• Parental, other family members or others that you know may contribute<br />
• Scholarships such as the Queen Elizabeth Aiming For The Top<br />
Scholarships<br />
• Awards and bursaries<br />
• RESP<br />
• OSAP<br />
• Part-time employment while you are attending college<br />
• Student line of credit<br />
Anticipate Your Expenses<br />
• Tuition<br />
• Books/Supplies<br />
• Miscellaneous Fees<br />
• Co-op Fees<br />
• Accommodation<br />
• Telephone<br />
• Groceries<br />
• Grooming<br />
• Transportation<br />
• Entertainment<br />
• Gifts<br />
If you need help calculating expenses, use the budget calculator at<br />
canlearn.ca<br />
Create a Financial Plan<br />
If your expenses are greater than your income, make a plan to cover the<br />
gap. Consider taking out a student loan, asking for additional parental<br />
contributions and/or applying for bursaries and scholarships.<br />
Financial Aid Office Hours<br />
Newnham<br />
416-491-5050, ext. 22480<br />
Monday to Thursday<br />
8:30 a.m. to 6:00 p.m.<br />
Friday<br />
8:30 a.m. to 5:00 p.m.<br />
<strong>Seneca</strong>@York<br />
416-491-5050, ext. 33011<br />
Monday to Thursday<br />
9:00 a.m. to 6:00 p.m.<br />
Friday<br />
9:00 a.m. to 5:00 p.m.<br />
King<br />
416-491-5050, ext. 55012<br />
Monday to Friday<br />
9:00 a.m. to 4:30 p.m.<br />
Markham<br />
416-491-5050, ext. 77422<br />
Monday to Friday<br />
8:30 a.m. to 4:30 p.m.<br />
Website<br />
www.senecacollege.ca/registrar/financialaid<br />
<strong>ACCEPTANCE</strong> <strong>GUIDE</strong> 7