Financial aid and awards
Education is an investment in your future. Don’t let a shortage of funds impede your attendance — we can help you secure funding.
Finance your education
Last year we administered over $8 million in work-study earnings, scholarships, awards and bursaries, in addition to government assistance. The first step to funding your education is to know your costs. Here are some estimates to guide you:
Tuition and program fees
$2,500 – $7,000*
Residence and housing
$3,500 – $3,750*
$500 – $2,000*
Food and living expenses
$600 – $1,150*
Books and supplies
$750 – $1,250*
The Ontario Student Assistance Program (OSAP) is a government-sponsored program designed to help students fund their education. OSAP entitlements are determined based on specific individual and financial circumstances. Last year, 62% of our full-time domestic students benefited from OSAP funding, totalling $103,695,713. 13% of part-time domestic students benefited as well.
Work Study programs
To help offset the cost of your education, Sheridan offers on-campus employment/remote work employment through two Work Study programs. Students attending full-time studies may be eligible for part-time employment. If you’re on a co-op work term or between academic terms, you may be eligible for a full-time position. Visit workstudy.sheridancollege.ca for more information
Scholarships, awards and bursaries
Sheridan provides more than $6 million each year in scholarships, awards and bursaries to eligible students based on academic merit and/or financial need. When students complete the online awards application each semester, their application will be considered for those Sheridan bursaries that are ‘auto-matched.’
We administer more than 200 externally sponsored awards each year. Most of these awards have a value of $1,000. Here are just a few examples:
- Scotiabank Scholarship
- CIBC Bursaries
- William G. Davis and Avie Bennett Bursary
- Guard.me International Scholarships
- Walt Disney Company Foundation Bursary
Scholarships and bursaries
Here are some of the Sheridan scholarships and bursaries available to qualified applicants:
- Sheridan Degree Entrance Scholarships: High school applicants are automatically reviewed for Entrance Scholarships which are awarded primarily on previous academic performance.
- Sheridan Bursaries: Bursaries are primarily awarded based on financial need, although academic achievement and community involvement may be considered. Application is required.
- Sheridan Off-Campus Education Opportunity Bursary
Black, Indigenous and People of Colour (BIPOC) awards
In July 2020, President and Vice Chancellor Dr. Janet Morrison signed the Black North Initiative CEO Pledge, committing Sheridan — alongside other leading Canadian institutions — to specific actions and targets designed to dismantle systemic anti-Black racism, and to create opportunities for underrepresented members of its community. As an initial step, Sheridan has identified funds to support Black students with financial bursaries to help offset the costs of their Sheridan education.
We also administer specific funding for Indigenous students to assist with educational costs. With the help of government resources, institutional funds and private donors, students who identify as Indigenous can apply for financial assistance to help support their journey at Sheridan.
Helpful tips to fund your education
Apply for OSAP right after you’ve accepted your Offer of Admission to Sheridan. The OSAP application will take 4–6 weeks to process. Detailed information is on the OSAP website at osap.gov.on.ca. Fees for OSAP applicants are deferred until funding has been received; the only fee you’ll need to pay is the non-refundable enrolment deposit when your fees are due.
Apply for scholarships, awards and bursaries during the first month of term using our online General Bursary application. Your application will be considered with Sheridan’s ‘auto-match’ process to receive a bursary. This is your first step before applying to other funding opportunities that may require a separate application.
Create a budget and follow it. This will ensure your money will last through the year and help you avoid financial difficulty. Be careful of credit card promotions. It’s easy to spend too much on credit, but difficult to pay the debt off.
Want to talk to us about your education?
If you’re having financial trouble, have a funding emergency, or need information or advice, please contact the Financial Aid Office – we can help advise you.