Thompson Rivers University
Thompson Rivers University

Scholarships, Awards & Bursaries Definitions

Award

May refer to either financial or non-monetary recognition of ability or accomplishment. Unless the award specifies otherwise, applicants must be enrolled for credit in a minimum 60% post-secondary course load (normally nine undergraduate credits) and have achieved a 2.00 GPA or equivalent in their most recent full-time semester at TRU. Financial need is not a factor.

Bursary

Non-repayable monetary award to applicants who demonstrate financial need and satisfactory academic achievement. Unless the bursary specifies otherwise, applicants must be enrolled for credit in a minimum 60% post -secondary coarse load (normally nine undergraduate credits) and have achieved a 2.00 GPA or equivalent in their most recent full-time semester at TRU.
It is normally expected that applicants will have already been approved for government student loans.

Scholarship

Monetary award to applicants who demonstrate excellence in their program of study (minimum of a 3.50 post-secondary GPA). Financial need is not a factor. It is normally to be used for further study. A student must be enrolled in a minimum 80% course load (12 undergraduate credits or full-time graduate) to qualify for and maintain a scholarship.

Grant

Similar to a bursary but normally issued by a government or foundation. Non-repayable.

Loan

Repayable funding awarded to applicants who demonstrate financial need and meet other criteria of the lender such as residence, program of study, course load, adequate performance in studies, etc. The main source of loans is the StudentAid BC suite of programs, or the provincial equivalent from other provinces.

Prize

Awarded for excellent performance in the student’s program of study. Prizes may be in the form of a medal, a certificate or plaque, a cash prize, or a combination. Prizes are awarded upon the recommendation of faculties or departments and do not require an application.