Money Matters

As your student invests their energy, passion and time commitment towards their education, it is important to help plan how they will be funding their studies  There are various support services through York’s Student Financial Services including workshops, advising, scholarship & bursary application information as well as student loans.

Tip:

Once students have enrolled in courses and paid their registration deposit, they can apply for in-course scholarships, awards, bursaries and on-campus employment eligibility through the Student Financial Profile.

 

Meal Plans

Whether your student is living in residence or commuting, the York University Meal Plan offers students both savings and convenience. There are a variety of meal plans to choose from based on individual lifestyle and needs. Meal plans are mandatory for all students living in a residence without kitchen access. Students that are commuting can also choose any of the offered meal plans. Check out both the Glendon & Keele meal plan website: http://foodservices.info.yorku.ca/meal-plan/

Ontario Student Assistance Program (OSAP)

The Ontario Student Assistance Program (OSAP) is an application-based government aid program for Ontario resident students. Based on the government's assessment of your educational costs and expected financial resources, OSAP offers a mixture of repayable loans and grants (money you will not need to repay).

Please be aware of upcoming important dates and deadlines associated with your students application to ensure that funding can be released in time for each term they require it.

The information on this site is aimed primarily at full-time York University degree students applying for OSAP aid, but we also have helpful information for certificate students, exchange students and non-degree students. The Student Financial Services site has information about part-time loans and grants.

Visit the website: http://osap.yorku.ca/

Scholarships, Awards and Bursaries

Incoming students are eligible to apply for a number of scholarships, bursaries and awards that are offered through York. Academic achievement and financial need are the main criteria for granting awards; however some awards also take additional criteria into consideration. Students who wish to apply for scholarships, awards and bursaries may do so by searching the awards database. Awards that are external to York University should also be taken into consideration for those students seeking awards.

What you need to know: York offers awards for students with disabilities and International Students.

Many awards simply require that you fill out the Student Financial Profile (SFP) for the current session. Some other awards ask for reference letters and personal statements outlining your extra-curricular involvement.

Visit the website: http://sfs.yorku.ca/scholarships

How to use RESPs

Are you paying tuition with RESP funds? Here’s how you do it.

Once your son or daughter (the RESP beneficiary) has graduated from high school and enrolled at York University, you can request, on his or her behalf, to withdraw money from the RESP to help pay for their studies. When you withdraw government payments or interest earned from an RESP account, that money is called an Educational Assistance Payment.

To withdraw money from an RESP, contact your RESP provider. They will ask to see official proof of enrollment before issuing the Educational Assistance Payment.

A student can request that York University provide a Verification of Enrolment and Registration Letter for submission to your RESP provider. Before students can obtain a letter to have your RESP funds released, students must be registered in their courses and have paid the $300 registration deposit. The Registrar’s Office offers more information about RESP Verification Letters.

For more information, see the Government of Canada's Using Your RESP website.

Financial Aid (Student Financial Services)

Student Financial Services offers information about financial aid and answers any questions you may have pertaining to financial need.

The office provides information about:

Student Financial Services
Bennett Centre for Student Services
416-872-9675
http://sfs.yorku.ca/