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Support Student Talent

OCAD University has been nourishing creativity and innovation for more than 135 years. By supporting our students through a scholarship, award or bursary, you can play a direct role in ensuring their success. In 2012-2013, more than $84,000 in donor-funded scholarships were awarded to 89 outstanding students, and 121 students in financial need received over $245,000 in donor-funded bursaries. Here is how you can provide your support to the next generation of Canada’s leading artists and designers:

Scholarships

Scholarships are disbursed solely based on academic excellence

•    Scholarship can be established for Entrance and Years 1, 2 and 3  
•    Scholarships Years 1 through 3 are selected by end of May, with donor notification in July
•    Entrance scholarships are given out in July, with donor notification in September
•    Donors cannot choose the specific beneficiaries of their donation*
•    Donation needs to be received by January 31, 2014 to be disbursed in the 2014 awarding cycle

Full details about OCAD U scholarships

Awards

Awards are disbursed based on juried artwork and coursework for undergraduate Year 4

•    Juried by end of May
•    Donors cannot choose the specific beneficiaries of their donations*
•    Donation needs to be given by January 31, 2014 to be disbursed in the 2014 awarding cycle

Full details about OCAD U awards

Bursaries

Bursaries are disbursed solely based on financial need and require an application by the student

•    Donation needs to be given by January 31, 2014 to be disbursed in the 2014 awarding cycle
•    Given out throughout the year, but primarily in August and December
•    Bursary recipient names can only be shared with donor with permission from the student

•   
Donors cannot choose the specific beneficiaries of their donations*

Full details about OCAD U bursarie

Naming a Scholarship, Award or Bursary

Supported by annual gifts — minimum $5,000 commitment

Donors may name a scholarship, award or bursary with a commitment of $5,000 or higher (may be pledged over 5 years provided $1,000 minimum is provided per annum). The named scholarship, award or bursary would be given out for a period of 5 years, with the option to renew if so desired. 

Supported by endowed gifts — minimum $25,000 commitment

Donors may permanently name a scholarship, award, or bursary with a commitment of $25,000 or higher (may be pledged over 5 years). This capital which would be endowed (i.e. invested in order to generate annual income) and monies from the investment income only are disbursed annually to the recipients in perpetuity based on the University’s payout rate (currently set at 3.5 per cent). 

* A donation subject to a general direction from the donor that the gift be used in a particular program operated by the qualified donee is acceptable, provided that no benefit accrues to the donor or anyone not at arm's length to the donor. Donors cannot choose the specific beneficiaries of their donations but can still give to a particular program once the charity has identified a beneficiary. The qualified donee must be able to reallocate the donated funds within the program as it deems appropriate. If the donor retains too much control, the donation will no longer be considered a gift at law and an official donation receipt cannot be issued. (Source: Canada Revenue Agency, What is a Gift?)

Become a donor to student support at OCAD U

Meet some of our current donors and learn about why they support students at OCAD U.  If you would like further information on establishing a named or endowed award, please contact Adria Miller, Manager, Annual Giving & Alumni Relations, at (416) 977-6000, Ext. 4870.


Last Modified:6/25/2014 2:21:42 PM


Ontario College of Art & Design 100 McCaul Street Toronto, Ontario M5T 1W1 Canada Tel. 416.977.6000 Fax. 416.977.6000 © OCAD 2007