Scholarship is a financial award granted to a student on the basis of the student's academic or sporting excellence.
A
bursary or
grant is a financial award granted to a student on the basis of financial need.
A
student loan is money borrowed from the government to pay for post- secondary and must be paid back.
All are forms of financial assistance.
Resource Links
OSAP
https://www.ontario.ca/page/student-loans-grants-scholarships-and-bursaries
** In addition to academic entrance scholarships, students may apply to organization or corporate sponsored scholarships. Students are required to research and follow and meet their respective processes and requirements. These may be found using the following resources.
https://www.scholarshipscanada.com/
https://www.ontariouniversitiesinfo.ca/scholarships
https://www.skillsontario.com/scholarships-and-awards