McMaster Bursary Program

A bursary is a non-repayable grant for students who demonstrate financial need. The bursary program is funded through donor contributions to the University and through tuition reinvestment. Bursary funds are limited and are not intended to fund a student’s full deficit. The Office of Student Financial Aid & Scholarships (SFAS) will provide bursary assistance related to tuition, books, compulsory fees, equipment and supplies after a student’s own contribution has been assessed and after OSAP (or out-of-province loan) has been assessed. Students who lack resources to cover living and other education-related costs during their study period should apply for bursary assistance.

The goal of the McMaster bursary program is to fund students with the highest financial need. Bursary applicants must first access the OSAP program (or provincial government student aid for non-residents of Ontario) in order to be considered for a McMaster bursary.   Students who are in receipt of OW or ODSP and/or unable to apply for OSAP/other government funding (i.e. due to restrictions etc.) are able to use the online bursary application.  The bursary application can be found on MUGSI and it will direct OSAP students, students with out-of-province student aid and students without government funding; to either the online bursary application or a pdf paper application form.

 Eligibility

To be eligible for bursary funding, a student must meet the following requirements:

  • Be enrolled at the time of bursary application/assessment/payment
  • Provide accurate and up-to-date information to OSAP or an out-of-province student aid program regarding income, course load, status, program of study
  • Continue to demonstrate financial need as per OSAP or out-of-province student aid at the time of bursary assessment and payment
  • Accept all available government student aid funding (e.g. OSAP) at the time of bursary assessment and payment
  • Apply via the online aid application in the Mosaic Student Center, by the deadline date
  • Submit all required supporting documentation to the Office of Student Financial Aid & Scholarships by the deadline date
 Application Deadlines & Details

Program-Specific Details:
Undergraduate, MBA, Medicine and Physician Assistant students should click below for more information regarding your bursary program.  Please note that students are responsible for completing the bursary application via Mosaic and submitting all supporting documentation by the deadline dates listed in the chart below.

Application Details:
Students can apply for a bursary using the online aid application in the Mosaic Student Center.

Mosaic instructions are available to assist you in the application process.

Supporting Documentation:
Students who do not have a completed, current-year OSAP application on file will be required to print a ‘Required Supporting Documentation List’ and submit all necessary documents to the Office of Student Financial Aid & Scholarships, GH-120.

Dates & Deadlines:

*The application deadline is at 4:30 pm on the deadline date listed below.

Program of Study

Application Opens

Deadline*

Supporting Documentation Deadline

Payment

Undergraduate

September 15

January 9

January 15

Mid-February

Graduate

September 15

January 9

January 15

Mid-February

MBA  SFAS Bursary

September 15

January 9**

January 15

Mid-February

MBA  MASO Bursary

September 15

October 15

October 15

Mid-December

Medicine

October 15

October 31

October 15

End of November

Physician Assistant

October 15

October 31

October 15

End of November

** MBA Students who submit a completed bursary application by October 15th and are eligible for bursary funding will receive a payment by the end of December.

Status Check:
Bursary applicants can monitor the status of their bursary application in the Mosaic Student Centre. Click on ‘View Financial Aid Applications’ under Finances to check the status of your application. ‘View Financial Aid Awards’ will display which bursaries and awards are granted to you by year.

Bursary Payments:
Bursary payments for eligible students will be made directly to their student accounts. Refund cheques will be issued if the bursary amount exceeds the balance owing on the student account.  ALL BURSARY AMOUNTS ARE FINAL.

Program-Specific Information for Undergraduate Students

The First Generation Bursary, funded by the Ministry of Training, Colleges & Universities, is for students whose parents did not attend post-secondary studies (college and/or university).  The bursary can be accessed via the online aid application in the Mosaic Student Center.  On the application you will be asked to select options that best describes you. If you wish to be considered for the First Generation Bursary you can select “First Generation Student”.  There are a limited number of First Generation bursaries available.  Once SFAS has received enough applications for the bursary, the above statement on the online application form is removed.  This does not affect your bursary eligibility or the amount of bursary you may receive.


International undergraduate students
in levels 3, 4, and 5 are eligible to apply online for bursary support. International students in levels 1 and 2 are not considered for undergraduate bursary funding.

Program-Specific Information for MBA Students
  • The online application will feed both the MBA Entrance and In-Course bursary process, as well as the Office of Student Financial Aid & Scholarships (SFAS) bursary process.  Only one online application is required!
  • Logon to Mosaic, and click on Apply for Financial Aid to start the application process.
  • OSAP recipients, who receive bursary assistance from a source external to McMaster University, must report the bursary amounts on their OSAP application.  Please send an e-mail with your surname, given name, McMaster student number, bursary name and amount to osap@mcmaster.ca.
Program-Specific Information for Medicine Students & Physician Assistants
  • OSAP recipients, who receive bursary assistance from a source external to McMaster University, must report the bursary amounts on their OSAP application.  Please send an e-mail with your surname, given name, McMaster student number, bursary name and amount to osap@mcmaster.ca.
  • OSAP recipients who are in their final year of medicine must report their OMA stipend to the Office of Student Financial Aid & Scholarships by writing an email to osap@mcmaster.ca.  The value of the stipend does not need to be reported in the income section of the OSAP application.
  • Cathy Oudshoorn, Program Administrator, Undergrad M.D. Programs, extension 22141 is available to assist international medicine students with extenuating circumstances and those with unforeseen financial need.
  • Nancy Weller, Program Administrator, Physician Assistant Program, extension 20202 is available to assist Physician Assistant students with a financial emergency or extenuating circumstance.

 

 

 

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