The following are financial aid options available to Teacher Candidates accepted to the Bachelor of Education (BEd) program.
Tyndale Awards & Bursaries
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.
The Clarion Bursary
The Clarion Bursary ($2,500/recipient) is awarded to 5 new students enrolled in the Bachelor of Education program. Applicants must be in good academic standing. They 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. Financial need must be demonstrated. If such a teacher candidate cannot be found, the bursary is to be granted to a student who demonstrates financial need and who is preparing for ministry within a church-based context.
Deadline to apply is June 30th, 2020.
Tyndale University Graduate Award
This $3,000 award is awarded to maximum of 5 successful Bachelor of Education applicants who are Tyndale graduates. 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 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 2020 term to receive the award. A committee will confirm the final recipients.
Deadline to apply is June 30th, 2020.
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.
Deadline: April 1, 2021
Forgivable Loan Program
The Forgivable Loan Program permits qualified students to raise funds to pay for part or all of their tuition and living expenses. Only extended family members and friends can make donations to the pool. Charitable tax receipts for the full amount of the donation will be issued to the donor(s) for income tax purposes.
- Forgivable Loan Program Application 2020-2021 (PDF)
- Forgivable Loan Program 2020-2021 Transmittal Form (PDF)
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)
Tyndale BEd degree program is approved by OSAP. Students interested in applying for OSAP will need to submit two applications:
- One for semesters 1 to 3
- One for semester 4 when the application becomes available
Please visit the OSAP website for complete details.
External Award Opportunities
$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 2020 Applications is June 15, 2020.
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 three awards:
A. Joseph W. Atkinson Scholarship For Excellence In Teacher Education ($2000)
B. Ontario College of Teachers Primary/Junior or Junior/Intermediate Scholarship ($2000)
C. Ontario College of Teachers Intermediate/Senior Scholarship ($2000)
Submit applications directly to the Ontario College of Teachers.
Applications for the 2020-2021 scholarships are due by Friday, June 26, 2020.