Bursaries are reviewed on the basis of financial need, and are granted to all eligible McMaster students.
- a bursary is non-repayable aid
- students must apply to OSAP (or other government loans) prior to applying for bursary funds (some exceptions apply, see McMaster Aid on the SFAS website for more information)
The electronic application is available under the Apply for Financial Aid link in the Mosaic Student Center. The application opens in mid-August (a few weeks prior to the commencement of September studies). All application steps must be completed by 4:30 pm on the bursary deadline date.
Bursary payments for eligible fully-enrolled students will be made directly to the student’s University account. A cheque will be issued if the bursary amount exceeds the balance owing on the account. Application instructions are available on the Financial Aid & Scholarships website.
Bursary payments to eligible students are made in the winter term. Please see the Financial Aid & Scholarships website for information on application deadlines and payment dates.
All bursary amounts are final/non-negotiable.
The First Generation Bursary, funded by the Ministry of Advanced Education & Skills Development, is for students whose parents did not attend post secondary studies (college and/or university). On the application you will be asked to select ONE statement that best describes you (this step is optional and does not affect your bursary eligibility and/or the amount of bursary you may receive). If you wish to be considered for the First Generation Bursary you can select ‘I am a student whose parents did not attend post secondary studies’.
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.
Students with extenuating circumstances who require financial assistance are asked to see a Student Loans Officer in Gilmour Hall 120 during drop-in counselling hours.
While McMaster offers a number of bursaries to students with demonstrated financial need to help offset the cost of university, it is worthwhile to explore other bursary sources. Many organizations offer third party bursaries for post-secondary education.