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Are you looking for money to pay for your education after high school?

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Are you looking for money that you don't have to pay back?

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Then let's take a look at grants, bursaries and scholarships in 3 easy steps.

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Step 1 - Find out what grants, bursaries and scholarships are.

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What are grants and bursaries?

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A grant is money given by either the federal or

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provincial/territorial governments (or sometimes both)

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to eligible students who demonstrate financial need.

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Bursaries could be given by schools or private organizations.

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Some bursaries depend on grades or community work.

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The best part about a grant is that you don't have to pay it back.

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Examples of grants are the new Canada Student Grants from the federal government.

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There are many grants and bursaries available.

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Check out these links to learn more about each one.

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What is a scholarship?

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A scholarship is money you get directly to help cover some

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of your post secondary expenses.

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It can sometimes be a credit for tuition or residence payments that go directly to your college or university.

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Like grants and bursaries, scholarships don't have to be repaid.

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Most scholarships are awarded on the basis of excellence in a particular area

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such as academics, sports, music or for community work.

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Go to the Student Financial Assistance Estimator tool on the CanLearn site

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to see which government grants and bursaries you might qualify for.

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Step 2 - Figure Out What You May be Eligible For.

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If you look into grants, bursaries and scholarships,

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you'll see that there are a number of ways you could qualify:

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1. Students with financial need could be eligible for government grants and bursaries.

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There are a number of them, so look at the CanLearn loan and grant estimators to learn more.

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2. If you excel in a subject, sport, music or you volunteer,

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visit CanLearn's Scholarship Search to find out what's available.

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There are thousands of scholarships, so you're bound to find a few that you could qualify for.

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Check out CanLearn's Scholarship Search to find out more.

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Step 3 - How to Apply

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1. Students are automatically assessed for most

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needs-based government grants and bursaries when they apply for a government student loan.

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If you're eligible, your loan provider will issue the money to you or to your school on your behalf.

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2. If you want to apply for a scholarship, research those you may be eligible for,

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and then apply online through CanLearn's Scholarship Search.

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