Please enable javascript to view this page in its intended format.

Queen's University
 

3. Create your financial plan

There are many options to help you create a plan to finance your education. Here are two different financial plans, with a variety of funding sources you could use to pay for your education.

Your own plan may not be identical to these, but they are good examples of how several funding options can fit together to help you finance your education.

Two students, two financial plans

 Jessica


Admitted to Bachelor of Science (Honours) 

Class of 2015
Family Income:$50,000
Family Size: 4
First of 2 children attending University
Total cost of first-year: $22,800

Total Resources: $22,800

Jessica13.png

James


Admitted to Bachelor of Arts (Honours) , Class of 2015

Family Income: $120,000
Family Size:4
First of 2 children attending University
Total cost of first-year: $22,800

Total Resources - $22,800

 

James13.png

* The amounts depicted in the above scenarios for Government Loans and Government Grants are based on financial assistance available to a single Ontario student qualifying for the Ontario Student Assistance Program (OSAP). The amount of financial assistance from other provinces and territories will vary.

^ OSAP grants may comprise both an up-front Access Grant, and the Ontario Student Opportunity Grant, which is available to reduce a student’s annual OSAP debt by limiting the repayable debt to $7,300 for a two term academic year.

Kingston, Ontario, Canada. K7L 3N6. 613.533.2000