Financial Aid
- All graduate student scholarship packages are granted at the time of the admission.
- Students aren’t required to submit an application for it.
- All Basic Degree student scholarship packages are automatically granted when the students meet the required full-time registration status.
- Students aren’t required to submit an application.
- In-Course awards will have application requirements posted in the award posting.
- Students must apply for these awards.
In Course Awards:
- Special grants (Emergency grants) are given on a case-by-case basis.
- Application is required for these grants.
This policy applies to all student awards established in the Faculty of Theology, University of St. Michael’s College. Its purpose is to ensure that the procedures followed in establishing such awards and in determining who will receive them are clear and consistent.
- “Financial Aid” is a generic term used to indicate an item of financial or other value presented to a student based on academic achievement or financial need.
- “Scholarship” is a financial award given on the basis of academic achievement.
- “Bursary or Grant” is a financial award given to students on the basis of demonstrated financial need.
- “In-Course Award” is a term used for awards that are open for all students in an academic year in a form of competition.
- The purpose of the Faculty of Theology Financial Aid program is to attract, recognize and reward academic achievement, and to ensure accessibility for students registered in University of St. Michael’s College.
- The terms and conditions of all awards must comply with the Ontario Human Rights Code and must be free of criteria based on personal characteristics such as race, ancestry, colour, ethnic origin, sex, creed, age, marital status, family status, sexual orientation or disability.
- The policies and procedures of the Faculty of Theology Financial Aid program are developed and approved by the Faculty of Theology Financial Aid Committee.
- Except where otherwise stated in the terms of an award, recipients must be registered at Faculty of Theology, University of St. Michael’s College.
- The awarding body is Faculty Council of Faculty of Theology which empowers the Student Financial Aid Committee to make decisions concerning awards based on clear guidelines.
- To avoid conflict of interest, donors are not permitted to participate in the selection of recipients for awards for which they are the donor.
- All scholarship recipients MUST be in good standing (CGPA 2.70+ (Faculty of Theology, USMC) to receive an award.
We have the following graduate students scholarship packages available. All graduate student scholarship packages are granted at the time of the admission. Students aren’t required to submit an application for it.
Domestic Students:
$15,000 per year for 4 years ($60,000 over 4 years)
International Students:
$20,000 per year for 4 years ($80,000 over 4 years)
Domestic Students:
$8,000 for 1st year of study
International Students:
$20,000 for 1st year of study
Domestic Students:
Tuition remission for course work and thesis for full-time students
There are two Basic Degree student scholarship packages available. All Basic Degree student scholarship packages are automatically granted when the students meet the required full-time registration status. Students aren’t required to submit an application.
Master of Theological Studies (MTS)
Full-Time students will receive funding for 80% of the program requirements that are completed at University of St. Michael’s College (16/20 courses covered by Scholarship).
Master of Divinity (MDiv)
Full-Time students will receive funding for 80% of the program requirements that are completed at University of St. Michael’s College (24/30 courses covered by Scholarship).
Students at all levels of study who take at least three courses per semester are eligible for loans and grants through Ontario Students Awards Program (OSAP) if they satisfy the citizenship or residence requirements. Applicants must be Canadian citizens or permanent residents of Canada who have at least one years prior residence in Ontario. Those holding student visas are not eligible.
Qualified students in the MA, ThM and PhD programs are also eligible to apply for Ontario Graduate Scholarships. You will find links on the OSAP website given above.
Advanced Degree students are encouraged to apply for the funding awarded by the Social Sciences and Humanities Research Council of Canada (SSHRC). These awards are open to Canadian citizens or permanent residents of Canada. For further information, consult the SSHRC (Ottawa) website or the Director of Advanced Degree Studies at St Michael’s.
The Toronto School of Theology administers a number of scholarships recognizing accomplishments in a variety of fields.
For more information on Financial Aid, please contact Emil Iruthayathas, Student Services Officer (Email: emil.thas@utoronto.ca).
Our Donors
- The Reverend Elliott Allen, C.S.B.
- Ethel Ragla Barber
- The Basilian Fathers
- The Right Reverend Mitred Archpriest Petro B.T. Bilaniuk
- His Eminence Thomas Cardinal Collins
- The Reverend Michael A. Fahey, S.J.
- Sister Maureena Fritz, NDS
- The Reverend Robert Hale, C.S.B.
- Clifford Hatch
- The Estate of Francis A. Hochstein
- The Reverend William Irwin, C.S.B.
- Sam and Dr. Doris Lau
- Sister Ellen M. Leonard, C.S.J.
- John F. and Mrs. Teresa Mulvey Mallon
- W. Francis and Mrs. Helen Morneau
- Margaret O’Gara
- Teresa Patullo Bosa
- The Reverend Walter Principe, C.S.B.
- The Reverend Michael Sheehan, C.S.B.
- The Reverend Laurence Shook, C.S.B.
- The Sisters of St. Joseph
- Olga Warnke, I.B.V.M.
- Daughters of Zelophehad
Regis College financial assistance is sourced from a number of bursary and scholarship accounts established by generous donors to help students meet the costs of their theological education. The Regis College Awards Committee considers financial need, service to the college, academic scholarship, and commitment to theological education when granting these awards.
Click here to learn more.
For Lay Master of Divinity Students:
Lay students accepted into the Master of Divinity at Regis College may apply to the Ignatian Living Endowment Fund for tuition support.