The Financial Aid and Awards office provides students with options to help fund their educational costs. Scholarships and bursaries are two of the valuable resources available and provided by:
- Durham College;
- External businesses and organizations;
- Individuals; and
- Provincial and federal governments.
Scholarships and bursaries
Scholarships are awarded to students who have achieved:
- Academic or personal excellence or a combination of both;
- Community involvement; and
- Leadership.
Bursaries are awarded based on financial need. Occasionally, there may be other requirements for qualification such as membership in a certain organization or enrolment in a specific program. Students must be in good academic standing to receive a bursary.
While they do not have to be repaid, scholarships and bursaries need to be declared on your OSAP application, unless you have been notified otherwise. They are no longer considered taxable income, but are reported to the Canada Revenue Agency through T4As.
For more information, consult the Student and Income Tax Guide at the Canada Revenue Agency website.
For more details about Durham College's comprehensive award program, visit the following link: Awards program.
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