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Dropping Out Due to Financial Challenges

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A summary of tuition fees for Ontario universities reveals that the tuition for a basic arts or arts and science degree is between $5500 and $6300. Tuition rates for applied sciences or engineering are higher ($6700–$12,500). This is before the cost of books and simply existing off Kraft Dinner. Over one third of students in Ontario drop out because of financial hardship. The average graduating student owes over $22,000 more than twice what university graduates owed at the start of this century. While watching your budget is one approach to keeping university costs down, for some this isn’t an option. Students who face financial difficulties can look to various sources of financial support. Awards, bursaries and scholarships, as noted elsewhere, are not just for brainiacs—many are available for students who aren’t at the top of their class. As mentioned previously, you should check out the awards specific to your university at the registrar’s office or the university website. For others, you can check out www.scholarshipscanada.com. After registering, you will have access to a large number of award sources most of which you would never have known existed. Opting out of university for financial reasons should only be considered when you’ve exhausted all other avenues.


Did You Know?

The Pathways to Education program encourages high school students from low-income communities to graduate from high school and pursue postsecondary education. This program provides resources such as tutoring, support and financial assistance at both the secondary and postsecondary levels. To see if the program is available in your community, check out the Pathways to Education website at www.pathwaystoeducation.ca.


How to Succeed At University--Canadian Edition

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