Frequently Asked Questions

1. What is a bursary?
A bursary is a non-repayable financial award for students who qualify.

2. What is a bursary for?
A bursary is intended to assist students who are in financial need and unable to cover the associated costs of attending university. It is not intended to assist students with costs that are unrelated to attending university or to avoid debt from student loans.

3. Who is eligible to apply?
Any student in an academic degree or diploma program at StFX may apply. All Canadian and International students are eligible subject to the criteria of the particular bursary.

4. How can I get a bursary?
Information about bursaries is available on the Financial Aid website along with an on-line application that is submitted electronically. 

5. How often can I apply?
You may apply to the Limited Bursary program once in the fall term and once in the winter term. You may also apply to the General Bursay program in each of the months of October, November, January and February.

6. What information do I need to submit with my application?
Simply enter your information in the on-line application form and click submit.  No further documentation is required at the time of application.  Please note, students may be asked to provide proof of student loan or line of credit funding amounts.

7. What is the value of a bursary?
The dollar amount can vary depending on the individual bursary and the financial need of the student. Most bursaries average between $500 and $1000 in value.

8. If my application is successful, how do I receive the funding?
When you receive a bursary, you have the option to tell us if you would like the funds applied directly to your student account or if you would like a cheque prepared for you. If you have an outstanding balance, or if the bursary criteria require it, the funds may be applied to your student account regardless of what you indicate on your application. If you receive a bursary and have questions about how the funds will come to you, please contact the Financial Aid Office.

9. Will receiving a bursary affect my student loan?
It may, any bursary you receive should be reported to your loan program.  If it does effect your assessment, keep in mind you will be replacing repayable loan money with non-repaybale bursary money.

10. If I received a renewable bursary last year, do I have to apply for it again this year?
Yes, you do have to apply again. It is important that the bursary committee has a current application on file for each academic year, as you must continue to meet the criteria as required to renew your bursary. Applicants should indicate within their response to the bursary critera section of the online application form that they are a past recipent of the award and wish to renew. It is the student's responsibilty to reapply by the stated deadline for a bursary, late submissions will not be accepted.  Renewable bursary payments will be processed only after the deadline has passed and will not be awarded early.