FINANCIAL AID - Get Help Paying for OHA
The Ontario Hockey Academy can be affordable. The academy offers a variety of payment plans, and financial assisstance to make the school more accessible to deserving students. Students families must successfully complete the application process prior to being considered for aid. The purpose of the aid program is to recognize excellence in a number of different fields and to give deserving students the opportunity of an Ontario education regardless of their families’ financial resources.
Financial Aid or Scholarships
Financial Aid and Scholarships are of the same, where the academy funds a portion of an OHA student year tuition. In addition to completing and submitting the Ontario Hockey Academy Application, prospective students must submit a copy of the past two years academic reports, which demonstrate a serious commitment toward academic excellence. Students receiving funding will retain that scholarship as long as they remain in good standing with the school. Financial Aid will be considered on an individual basis and announced accordingly. Financial Aid are renewable each year, provided the recipient maintains good academic standing, participates in school life and meets all other requirements of the school.
Sponsorship and Fundraising
Several OHA students have found, secured and received sponsorships funds to attend OHA. Fundraising is a means for you of finding resources to help you earn or collect money to pay for some or all of your program tuition. Your resources may include a family member, a close friend, a relative, an organization, a business or all of the above. The fund-raising process is not just about collecting money. It’s about forging relationships, getting out into the community and achieving your goals in a specific amount of time. The majority of individuals that sponsor athletes do so because of a direct interest in a particular athlete. It is going hard work, and will require not only an initial investment of time and energy, but it will also require a long-term investment of that time and energy to servicing your sponsors. Keep in mind it will pay off if properly managed. Let us know, we can help.
Financial Awards - Application Process
To apply for a Financial Award -Scholarships, students must complete the aid application. Families must also submit the following:
• a completed enrolment application form
• a copy of the past two years academic reports, which demonstrate a serious commitment toward academic excellence
• a completed aid form
To apply for Financial Assistance, families must complete the online Parents’ Financial Statement. Completed forms are submitted online to OHA admissions for analysis to determine need prior to consideration by the Ontario Hockey Aid Committee.
Aid Committee Decisions
OHA Parents’ Financial Statement are reviewed by the Financial Aid Committee. The school’s financial aid budget does not meet the needs of all the applicants. The Financial Aid Committee does its best to distribute awards as broadly as possible to the most deserving students. The school holds this information in strictest confidence and families are asked to do the same with all awards. Notice of assistance is made as soon as possible. Current families are considered for aid only if the previous school year fees have been paid in full.
Student Financial Assistance Frequently Asked Questions
1. What is financial aid?
Financial aid provides funds to families who need assistance to meet the tuition expense of an independent school. Funds are provided from interest on the school’s Endowment Fund and from donations. A request for financial aid in no way affects the admissions decision.
2. Who can apply for financial aid?
Anyone can apply for financial aid. It is important for applicants to realize that the assistance program is meant to supplement, not to replace the family’s financial commitment. Only students who have been admitted by the Admission Committee can be considered for aid. Requests regularly exceed the financial aid budget. However, with the significant sacrifices families are prepared to make for students receiving aid, the majority of students accepted are able to attend.
3. How is financial aid determined?
Financial Aid is determined once the application form is sent in and uses a formula to determine the needs of each family. Consideration of income, expenses, assets and debts, age, size of family and the number of children at tuition paying schools and universities establishes the need. The school’s Financial Aid Committee then determines an award that may be a bursary or a combination of scholarship and bursary.
4. How much can we expect to receive?
Most awards for families who qualify are between $2,000 and $12,000. In determining the aid awarded, consideration is given to financial need, academic accomplishments and hockey achievements. A few exceptional students receive awards over $12,000.
5. Is there a limit to the amount a family can receive?
OHA believes that every family, regardless of means, should contribute something to the education of their child. Each case is considered individually and therefore aid may differ significantly from one case to the next.
6. Is the financial aid renewable each year for the same amount?
Each year is considered separately and therefore a new application must be completed for the next school year. Changes in financial status may affect the size of the award. Generally, the amount awarded remains the same until graduation, provided the student is in good academic and social standing. Families are considered for aid only if previous school year fees have been paid in full.
7. What happens if the parents are divorced or separated?
The school requires both parents to submit financial statements. Confidentiality is assured. A contribution from the parent with whom the student does not reside is expected only after all special circumstances; including child support and alimony are considered.
8. What if someone of apparent greater wealth receives aid and you do not?
The Financial Aid Committee reviews a statement of the needs of each family. Full financial disclosure of income and net worth is required, and income tax returns may be requested. It is unlikely that someone of apparent greater wealth will receive more aid, but as both need and the overall contribution of the student varies, so can awards. The school, and, we hope, the families, take confidentiality very seriously.
9. Where are applications for financial aid available? Is there a deadline?
You may view an on-line application. You may also receive specific information when you visit or tour the school. Once we receive your submission, decisions are mailed shortly thereafter.