McMaster Bursary Program
Bursaries are granted to eligible students who demonstrate financial need. This funding does not need to be repaid and can help students pay their education-related costs.
Students must apply for OSAP (or other government loans) prior to applying for bursaries (some exceptions apply, see ”McMaster Aid” on the Student Financial Aid & Sscholarships website for more information).
Students apply for bursaries online by visiting the Apply for Financial Aid link in the Mosaic Student Center. The application opens in mid-August (a few weeks prior to the start of the fall term).
Bursary payments for eligible fully enrolled students are made directly to the student’s university account during the winter term. Funding left over after the student account balance is paid is deposited to a student’s bank account. All bursary amounts are final/non-negotiable.
International undergraduate students can apply for the bursary program when they are enrolled in Level II or higher.
Students with extenuating circumstances who require financial assistance can speak with a Student Loans Officer in Gilmour Hall, Room 120 during drop-in counselling hours.
Ontario First Generation Bursary
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 online application, students will be asked to select one statement that best describes them (this step is optional and does not affect bursary eligibility and/or the amount of bursary funding that may ne received). To be considered for the First Generation Bursary, select “I am a student whose parents did not attend post secondary studies.”
While McMaster offers numerous 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. The External Scholarships page on the Student Financial Aid & Scholarships website is a good starting point for outside funding.