The decision to get a post-secondary education requires a considerable financial investment. It is essential that you plan for financing your education on both a short-term and long-term basis.
Fortunately, there are many ways for you to fund your studies. Use the information below to help you plan your finances by making a budget, find out about scholarships, bursaries, and awards, apply for student loans, and look into ways you can earn money while you study.
Make a budget
You’ll need to do some careful planning to balance your income and spending while you study. In addition to tuition fees, books, and course materials, remember to budget for living expenses like rent, groceries, transportation, utilities, and other necessities.
Learn more about budgeting by visiting:
Apply for funding
Applying for financial aid and awards can help you save during your time at UFV. Take some time to explore available financial support.
Student loans
You can apply for a student loan through the government or a financial institution. You need to start paying these back six months after you graduate. The amount of funding available to you is dependent on whether you study full-time or part-time and how much income you make.
Grants
Grants are government funds you can apply for that you don’t have to pay back. These are sometimes based on financial need, but not always. If you are interested in the Trades, there are options that can help you while you study for your red seal.
Learn more about grants and need-based programs »
59
donor-funded emergency grants
Award values vary up to $1,000/year
17
BC emergency grants
Award values vary up to $1,000/year
Bursaries
In addition to financial aid, you can apply for a bursary each semester. Bursaries do not need to be repaid if you qualify.
Learn more about bursaries »
545
bursaries
Award values vary up to $1,500/semester
Scholarships and awards
Scholarships are awarded to recipients based on academic excellence, community and school involvement, volunteer experience, and leadership activities. There are millions of dollars available to students who qualify. All you need to do is apply.
Learn more about scholarships and awards »
363
scholarships
Award values vary up to approximately $3,000/award
211
athletic scholarships
Award values vary up to approximately $3,000/award
UFV entrance scholarships
If you’re enrolling at UFV in the academic year immediately following your high school graduation, you may qualify for a UFV entrance scholarship. The application deadline is March 1 (September 1 for trades).
Learn more about entrance scholarships »
125
entrance scholarships
Award values vary up to $20,000/award
Learn more about financial support
Every year, millions of dollars in federal and provincial loans, grants, bursaries, scholarships, and awards go to UFV students through UFV's Financial Aid and Awards office.
Visit the Financial Aid website to learn more about the various funding resources you can apply for.
Earn money while you study
A part-time job is a great way to gain experience and build up references while offsetting the cost of your education. The UFV Centre for Experiential & Career Education (CECE) lists hundreds of job opportunities and most are flexible enough to accommodate your class schedule.
Find a co-op placement
Co-operative education (Co-op) combines academic studies with relevant work experience. Academic semesters alternate with work terms that are four, eight or 12 months long, giving you up to two years of relevant work experience.
Learn more about co-operative education »
Apply for a work-study position
The Work-Study program allows you to build your skills while you study with 120 hours of professional employment experience over a single semester in which you are also enrolled in courses. UFV hires many Work-Study students, so you can stay on campus while you earn valuable experience in the workplace.
Learn more about the work-study program »
Other ways to save
Wondering if there are other ways for you to save while studying at UFV? Here are a few tips to help you stretch your money.
Sell back your textbooks
Make sure to check out the Bookstore Textbook Buy Back program: you could receive cash for your used textbooks at the end of the semester.
Learn more about the Textbook Buy Back program »
Attend activities & events on campus
Join a board games night, watch movies, or check out an exhibition with your friends for free or without spending too much money.
View upcoming events »