Financial Aids 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.
Helpful tips to fund your education
Apply for OSAP right after you’ve accepted your Offer of Admission to Sheridan. The OSAP application can take 4–6 weeks to process so it is best to get started as soon as possible. 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 in advance is the non-refundable enrolment deposit by the deadline noted on your fee invoice. Paying this deposit will reserve your seat in the program.
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 stick to it. This will help 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.
To assist you, view estimate costs and complete the budget form at the bottom.
The Ontario Student Assistance Program (OSAP) is a government-sponsored program designed to help Ontario students fund their education. OSAP entitlements are determined based on specific individual and financial circumstances. Students are automatically considered for both grants (money you don’t have to pay back) and loans (money that is repaid after studies). Students can visit osap.gov.on.ca for more information about the program and how to apply.
Each Province offers their own government assistance program. Students who are attending Sheridan from another Province can apply for government assistance through their home province.
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
During the 2020-21 academic year, Sheridan provided more than $8 million to students through scholarships, awards and bursaries. Students can access Sheridan’s online award system at the beginning of each term to apply for various funding opportunities. Eligibility criteria may vary depending on the opportunity. A list of current scholarships, awards & bursaries available to Sheridan students can be viewed by visiting myotr.sheridancollege.ca/awards_inventory.html.
Scholarships are awarded based on criteria that may include academic achievement, community involvement, demonstrated leadership skills and financial need.
Bursaries are awarded based primarily on financial need although academic achievement and community involvement may be considered.
Sheridan presents over 600 Academic Awards to students demonstrating outstanding academic achievement. Faculty members nominate students for these awards which are presented annually at an awards ceremony. Students are notified by their faculty if they have been chosen as the recipient of an academic award.
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*
Use this budget tool to help you plan
Looking for a helping hand with your finances?
As a Sheridan student, you can take advantage of our Financial Aid office.
Our team of experts offers budget counselling, helping relieve any money stress.