U SPORTS ATHLETIC FINANCIAL AWARDS Q and A
What is an Athletic Financial Award (AFA)?
· Also referred to as an athletic scholarship, an athletic financial award is any award that is conditional to being on a U SPORTS team.
· An AFA can include, but is not limited to, scholarships, bursaries, prizes, leadership awards, merit awards, housing, and all other non-employment financial benefit received by an athlete from their institution.
Is there a limit to the value of an AFA that I can receive?
· tuition and compulsory fees is the maximum amount you can receive in an academic year, including athletic-related bursaries.
· the value and quantity of AFA's available varies from institution to institution.
· specific awards may have additional conditions, such as academic success and citizenship, beyond what is stated here.
· many awards, such as academic awards or awards provided by Sport Governing Bodies or the Federal and Provincial Governments, are not included within the tuition and compulsory fees maximum; please consult your Athletic Department.
Who provides athletic financial awards?
· all athletics financial awards provided to student-athletes must be administered through the providing university.
· to receive an athletic-related award that is not administered by your university, the award must not be conditional on attendance at any particular university, that is, you must be free to attend the university of your choice.
When can I receive an Athletic Financial Award (AFA) at StFX University?
· StFX does not award AFAs at the beginning of each academic year based on previous year’s academic performance. StFX awards an AFA to eligible student-athletes at the conclusion of each year provided you satisfy U SPORTS academic requirements with at least a 65% average or equivalent in the current academic year.
· StFX uses the guiding principle that each AFA is directly connected to the current academic year’s specific set of academic results once complete/confirmed.
· Once an eligible student-athlete has earned an AFA at the conclusion of the year, StFX will remove any current academic year interest charges on the student-athlete’s account.
StFX ATHLETIC FINANCIAL AWARDS
Each StFX varsity team has the ability to offer incoming and returning student-athletes athletic financial awards. The administration and value of these awards is at the discretion of each team’s head coach. Any questions on team-specific athletic financial awards should be directed to the appropriate StFX head coach.
StFX UNIVERSITY SCHOLARSHIPS and FINANCIAL AID
StFX University offers over $2 million annually in merit-based scholarships and financial aid to its new and current undergraduates. Students with an average of 85% or higher are automatically guaranteed an entrance scholarship worth at least $5000 (based on Grade 12 December exams or first semester Grade 12 marks), renewable for four years. Students with an average of 90% receive $7000, and those with an average of 94% receive $12,000. For scholarships that require an application, most deadlines are March 1st, so don’t delay. Specific scholarship details are available at: http://www.stfx.ca/apply/scholarship/.
The StFX Financial Aid Office is available as a resource for students for information about student loan programs and to assist students who are experiencing difficulties with their applications. The office administers the University bursary program, and is a resource for information about external sources of scholarships, awards and bursaries, for undergraduate and graduate study. The office assists students with their personal financial planning and credit management skills. For a complete listing of StFX bursaries and external bursaries, visit http://sites.stfx.ca/financial_aid/.
The Department of Athletics understands the time demands that are placed on you, the student-athlete. Often, by virtue of your participation in a particular sport, you are unable to maintain modest employment to help defray the cost of attending university. We highly recommend that you seek out the experience and expertise of the individuals in the Financial Aid Office. Contact firstname.lastname@example.org or 902-867-2374 for more information.