The following are financial aid options available to Teacher Candidates accepted to the Bachelor of Education (BEd) program.
Tyndale Awards
The Bachelor of Education Founders' Award
The Bachelor of Education Founders’ Award is offered to one applicant to the Tyndale Bachelor of Education program. All applicants to the program who qualify for an interview will automatically be considered for this award.
A suitable candidate should exhibit the “heart of a teacher” demonstrated through their experience working with children, their skills, attitudes and understanding of the teaching profession, openness to learning, and articulation of their understanding of faith-based teacher education. Applicants with experience in international education, and/or special education will be given higher consideration.
Tyndale University Graduate Award ($3,000)
Awarded to maximum of five Bachelor of Education applicants who graduated from Tyndale University. This award will be given to the recipients with the five highest entering cumulative GPAs.
An applicant will be considered a Tyndale graduate if he/she has been granted a BA, BBA or BRE degree from Tyndale University, or any of its predecessors. Moreover, recipients will have satisfactorily completed a minimum of 60 credit hours at Tyndale to be eligible. Finally, applicants must be successfully admitted and registered into the Tyndale Bachelor of Education program for the August 2022 term to receive the award. A committee will confirm the final recipients.
The Tyndale University Graduate Award is available on the Tyndale Awards website.
Deadline to apply is May 31st, 2024.
Tyndale Bursaries
Tyndale has a number of bursaries available for students enrolled in the Bachelor of Education program who demonstrate financial need. To be considered for all bursaries Tyndale has to offer, please complete the Tyndale Bursaries application.
The Tyndale Bursaries application will be available soon on the Tyndale Awards website. Deadline to apply is May 31st, 2024.
Available BEd Bursaries
The Alfred and Marjorie Hill Education Bursary ($4,000)
The Alfred and Marjorie Hill Education Bursary is awarded to a student enrolled in the Bachelor of Education program in the Primary/Junior track who is in good academic standing and demonstrates financial need. The student should have a passion for teaching and missions.
The Betty Ballantyne Brown Bursary ($4,000)
The Betty Ballantyne Brown Bursary is awarded to five students enrolled in the Bachelor of Education program who are in good academic standing and demonstrate financial need. The students should be a parent who is balancing education and parenting responsibilities.
The Clarion Bursary ($2,500)
The Clarion Bursary is awarded to five students enrolled in the Bachelor of Education program who are in good academic standing and demonstrate financial need. The students should have an understanding (or is able to articulate) that professional teaching is a vehicle through which Christ is served and also demonstrate an interest in teaching in culturally diverse contexts.
Sponsorship Programs
Leadership Scholarship (Church Match Program)
Tyndale will match, dollar-for-dollar, church sponsorships towards a student’s education to a maximum of $1,000 per academic year. This could total up to $2,000 in aid for BEd Teacher Candidates. This program partners with congregations to develop able leaders and help students afford the costs of tuition. Connect your church to this innovative and helpful program.
Applying for the Leadership Scholarship (Tyndale Church Match Program)
The application for the Leadership Scholarship (Tyndale Church Match Program) can be completed on the Tyndale Awards website.
Deadlines:
- 2023-2024 Academic Year: April 1, 2024
- 2024-2025 Academic Year: April 1, 2025
Apply for Leadership Scholarship
Leadership Scholarship Details
Leadership Scholarship Details (PDF)
Forgivable Loan Program (FLP)
The Forgivable Loan Program permits qualified students to apply for an interest-free loan from Tyndale to pay for part or all of their tuition and living expenses. This loan will be forgivable if the student meets the requirements of the program. To qualify for the program, students must demonstrate financial need and meet all the requirements specified in the agreement.
Students are also expected to help sustain this program by raising funds for undesignated contributions to the Forgivable Loan Program. All funds raised for this program will be placed in a general pool. Immediate family members of students involved in the program are not permitted to donate. Full terms and conditions can be found on the online application.
Applying for the Forgivable Loan Program
You must submit an application to be considered for the Forgivable Program on Tyndale Awards website. This is a unique application for the Forgivable Loan Program and is different from the Tyndale Bursaries application.
Donating to the Forgivable Loan Program
Charitable tax receipts for the full amount of the donation will be issued to anyone who contributes to the Forgivable Loan Program for income tax purposes. If you are interested in donating, please submit the Forgivable Loan Program Transmittal Form (PDF). Information on how to donate can be found on the form.
Interest Subsidy Program
Students can qualify for private education loans up to $10,000 from their local bank. Please contact your local bank for details.
Tyndale will provide a subsidy for the interest incurred on a student loan for full-time students enrolled in the BEd program. The subsidy will be calculated based on the prime interest rate in Canada plus 1% and the loan amount that the interest will be subsidized on must not exceed $5,000.
Ontario Student Assistance Program (OSAP)
Canadian citizens or permanent residents enrolled in approved degree programs at Tyndale may be eligible, if qualified, for government assistance under the Canada Student Loans Program (CSL) and/or provincial student loan programs.
Please visit your respective provincial student aid program's website for more information. A full list of provincial student aid programs and links can be found here: Canadian Federal and Provincial Student Assistance
Students interested in applying for OSAP will need to submit two applications:
- One for semesters 1 to 3 (Year 1)
- One for semester 4 (Year 2) when the application becomes available
Please visit the OSAP website for complete details.
Applications for the 2023-2024 academic year are now available.
Applications for the 2024-2025 academic year will be available in Spring 2024.
External Award Opportunities
McCullough Bursary
$1,000 award is granted annually to two or more students who are preparing for vocations in education, Christian ministry, or Christian missions, with special attention given to those working with children.
Submit applications directly to the McCullough Bursary Committee.
Deadline for 2024 applications is June 15th, 2024.
Learn more about the McCullough Bursary
Ontario College of Teachers Scholarship Program
The Ontario College of Teachers Scholarship Program awards scholarships that provide financial support to teacher candidates.
The program identifies exemplary role models and pays direct financial assistance to those with a passion for and dedication to the highest ideals of teaching.
The Ontario College of Teachers Scholarship Program offers four awards:
A. Joseph W. Atkinson Scholarship For Excellence In Teacher Education ($1500)
B. Ontario College of Teachers Primary/Junior or Junior/Intermediate Scholarship ($1500)
C. Ontario College of Teachers Intermediate/Senior Scholarship ($1500)
D. Brian P. McGowan Scholarship for Resilience ($1500)
Submit applications directly to the Ontario College of Teachers.
Deadline for 2024 applications is August 31, 2024 at 5 p.m.
Learn more about the Ontario College of Teachers Scholarship Program