Types of Education Grants

Many students assume that if they don’t have good grades or excel in a sport that they won’t qualify for any type of education grant or scholarship. Truth of the matter is that education grant money funded for academic or athletic excellence is just one of the many types of grants available to Canadians. Students can also qualify for education grants based on finances, ethnicity, gender, and disabilities.

Academic and Athletic Excellence

As mentioned above, grants based on academic and sports excellence are the most well-known of all available student grants. These money donations, also commonly referred to as scholarships, are awarded based on merit. If you have really good grades, or excel in a particular sport, this is the type of grant that you will want to apply for. Students that are exceptional in wither of these areas could very well receive their full college or university education paid for, while others may just receive funds that cover some of their tuition expenses.

Low Income

Both part time and full time Canadian students that come from low-income families are also eligible for education grants. These grants are meant to give them the opportunity to pursue academic studies that would otherwise be unavailable to them. For needs based grants offered by the Federal government students will want to review the Canada Student Grants program which will list all low income grants available.

Minorities

Minority education grants refer to money donations awarded to Canadians and landed residents of minority races; as well as to Canadian women (who are considered the minority gender). The money is awarded to these individuals pursuing studies to encourage them to complete their studies and have better preparation to compete for higher end jobs in the business market. Minority grants can be found through the Canadian government, but are available in more abundance through private business and non-profit organizations. Contact your local YMCA or municipal government office for further direction to local grant sources.

Disabled

If you are a Canadian with a disability, either temporary or permanent, you could qualify for various education grants to pursue post-secondary studies. The Canadian government offers several grants for the disabled which are available through the Canada Student Grants program. If you qualify for these grants you could receive $2,000 each academic year.

Recipients