Loans and Bursaries

Loans and bursaries are available and intended for students who are pursuing full-time and part-time studies, under certain conditions. This assistance is granted in the form of a loan that is guaranteed by the Government of Quebec and that does not bear interest until the end of the studies.

The amount of assistance granted takes into account, on the one hand, the expenses normally related to studies (school fees and living expenses, etc.) and, on the other hand, the students’ financial resources. It also takes into account, if applicable, the income of the child’s parents, sponsor or spouse. When the calculated financial need is greater than the amount of the loan awarded, a grant may be added to it.

By applying for financial aid in May or June, students can considerably speed up the processing of their application. If an amount of financial assistance is earmarked for them, they are more likely to receive it before the start of the school year.

The college also offers several scholarships each year, called the Excellence Scholarships. Click on this Excellence Scholarships document to learn more and find out how to qualify for the College Scholarships.

A counsellor can answer your questions and assist you with a simulation of loans and bursaries to see how much you are eligible to receive, based on your situation.

After you have joined the program of your choice, for any question related to financial aid, payments and student accounts, please contact our specialist Nina Koomson at nkoomson@osullivan.edu or by MIO.