yconic - What does a "financial need" mean?
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What does a "financial need" mean?

A photo of shequi shequi
If a scholarship is looking for applicants who have a "strong financial need", does that mean that you have to come from a low income family?
Because coming from a middle class family, it'll still be possible to afford university, but just like anybody else, it'll still be difficult to pay for all the tuition and expenses.
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A photo of VegaKrazmych VegaKrazmych
These awards and bursaries are intended for people who would not be able to attend without them.
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A photo of jessicasteffens jessicasteffens
The silly thing about these are they usually measure all your parents income and if it isn't less than a certain amount you basically can't get it. It sucks if you have a divorced family because they count all four incomes (including step parents) and it is really not fair considering some parents just won't pay.
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A photo of forthewinwin forthewinwin
They either measure your family's income, or you submit an application outlining your income and your monthly costs.

For my application for bursaries, it was the latter, unfortunately. What happens is you have a bunch of kids with ~70 averages typing in big numbers for everything (i.e. is your iphone + your $80/month plan REALLY a *need*?) and they end up getting them.

And you can literally be miserble and just barely make it to get a $500-1000 scoularship (excuse my spelling), especially at the first-year level. Meh...
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A photo of amymiao amymiao
I thought you had to apply that you need finanical aid, and they consider your parent's income as well as the cost of whatever your applying for...?
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A photo of hearrts hearrts

@amymiao wrote
I thought you had to apply that you need finanical aid, and they consider your parent's income as well as the cost of whatever your applying for...?



Yea, I think it's based mainly on your parent's income.
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