Module Four
Money for Education: non-repayable sources

Introduction

Using information gained around non-repayable sources of funding for education, you will develop a plan to maximize the amount of money you can access prior to going into financial debt. It is assumed that you have chosen a career, worked out a budget for the length of your program, and have identified all existing and continuing income sources.

Learning Outcomes

Using information researched around scholarships, bursaries, awards and other non-repayable funding for education, you will develop a plan for identifying and applying for non-repayable ways of financing their education.

Learning Objectives

At the conclusion of this module you will be able to:

• Distinguish between scholarship, award, and bursaries.
• List general sources of scholarship, bursaries and grants.
• Make a personal list of scholarships, awards and bursaries that may apply.
• Identify other possible non-repayable sources of funding available.
• Indicate how these sources of funding will work with the budget created.
• Outline the funds still needed every year, for the length of the selected educational program.
• Obtain and properly complete applications for scholarships, bursaries and awards.

Resource Materials

• Sample college and university calendars and financial aid publications
• Sample scholarship, bursary, and award applications

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