Join the club.

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UWO 2012 - Biological & Medical Science
UWO > Every other school

The scholarships that I received in first year was WELL over my tuition/fees/books. I have saved almost all of it, but used some to buy a car, and some for a trip to Cuba (I also have savings and worked this summer, so I could claim I worked to pay for those things too I guess). So hopefully if I don't spend like crazy it should last me at least 2 more years, and I hope to get a few more scholarships as well.

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University of Alberta - Mechanical Engineering '11

I don't know urbyboy. I don't really see any problem with karla's use of the funds. She earned the money and clearly has enough to pay for her education. She should be allowed to enjoy the surplus, its nothing to feel guilty about. And unlike OSAP funding, it is not a loan but a reward that recognizes her accomplishments.

Cheers

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H.B.A. (History) University of Toronto '08
M.A. (History) York University '09

Well my car was $2000 and my trip was $2000. I had about $4000 in savings before I went to uni and worked to earn about $8000 this summer. All that money is in the same bank account with my scholarship money, so it's hard to say what exactly was paid for with what money. I needed my car to get to work and to get to rugby practices, both for uni team and club team. The trip was just extra. I am fairly frugal, although I worked very hard to earn those scholarships and I think I deserve a vacation. I furthered my education of Cuba. Haha. They gave me the money, and as long as my school is paid for I see nothing wrong with spending the extra on other things. Besides, scholarship money isn't meant exclusively for tuition, it can be used to cover living expenses and other things.

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University of Alberta - Mechanical Engineering '11

You can’t think of it like that. That’s like saying it doesn’t matter if government officials use our tax dollars on personal trips, lavish dinners and shopping sprees because we will still have to pay the taxes whether the government spends part of it on lavish dinners and trips or all of it on what its supposed to be spent on: bettering Canada and its citizens.


She used funds meant to be used for her education to finance a trip and buy a car. The amount she used for these two things could have been used by someone who would have put it toward education, and instead that person has now had to go into debt or find the funds through other means that will likely require them to pay the principal back. Bottom line.

so far, about 10% of the total cost, that is tuition/rez/books/spending

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UWO Biological and Medical Science 2012

$62,000 and it covers roughly 62%.. ( all living expenses included)

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Queen's Commerce '12

You ignored the part where I said I have savings that add up to roughly $4000 and my job this summer has earned $8000. This money is in the same bank account where I put my scholarship money. I withdrew the money from this account to cover the $4000 for my car and for the trip. $8000 + $4000 is greater than $4000. All the scholarship money plus more is still there. Thus I have not used my scholarship funds for anything other than their intended use. I don't think I could be any more clear.

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University of Alberta - Mechanical Engineering '11

I do think this little argument points out one of the flaws in deciding that scholarship income should be tax exempt. The people benefiting from the change of $3000 in scholarship being tax exempt vs. all scholarship income being tax exempt are for the most part the people who need help the least (note that this group includes me). And it doesn't even really affect the current tax year, it just means people with lots of scholarship income don't have to use up their tuition and education amounts until they start working, whereas someone working their way through school has used up most of that.

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Scholarships are awarded based on qualifications and achievements the individual has amassed. Most scholarships are NOT financial need-based (that's what bursaries are), and they are usually given out based on merit.

If I receive $20 000 in scholarship money, and I had $100 000 of my OWN money in the bank, and I used $20 000 to buy a car, who are you to tell me that what I do with MY money is wrong (in general, since your attitude wasn't directed at me)? Just because I received ___x____ amount in scholarships doesn't mean that I'm no longer entitled to use my own funds that would otherwise have gone into education elsewhere. The same amount is still going towards my education - that doesn't change whether I win a scholarship or not.

The politician-spending analogy is flawed as well. The money the politician spends is from a pool of taxpayer money (the expenditures are reimbursements are they not?) and isn't particularly fixed. The "government" doesn't give out $10 000 to a politician to do as he/she pleases.

On the other hand, the award that karla won has a fixed amount ($__, 000) and if she used it towards her tuition, that frees up the money that she saved up herself (that would've gone into education had she not won an award). How she spends that money is up to her - she worked hard to win the award, after all. Plus, if the scholarship organization has a problem with how the money is used, they would set limits (eg direct deposit to the university, etc). It doesn't change that the award recipient saved him/herself ___x___ amount in scholarships.



Sounds like someone didn't win any scholarships.