FAQs
Do I have to pay back scholarships or bursaries?Scholarships and bursaries are types of financial assistance that you do not have to repay. They are considered income by OSAP and need to be declared on your OSAP application, unless you have been notified in writing that the award will be reported on your behalf.
How do I declare this income and how will it affect me?Scholarships and bursaries are no longer considered taxable income, but are reported to the Canada Revenue Agency through T4A forms. Find out more about tax guidelines and the new rules regarding scholarships and bursaries.
What scholarships and bursaries are offered by UOIT?UOIT has comprehensive awards programs.