Interest Relief Bursary

The Interest Relief Bursary is awarded to students who require a bank loan to help them meet the costs of Redeemer University. Awards are made on the basis of need and can range from $100 in the first year of application to a maximum of $1,225. The bursary was created to help students minimize any accumulated interest debt on a bank loan. To qualify, a student must have borrowed from a lending institution and paid interest. The student must submit proof of being in receipt of a bank loan.

Apply for Financial Aid by your deadline

• Incoming student applications are accepted on a rolling basis, with priority consideration given to applications received before February 28.
• Returning student applications are accepted on a rolling basis, with priority consideration given to applications received before March 31.

Submit any required supporting documentation

Applying for an award with an essay or other supporting materials? Don’t forget to submit all required documentation be eligible for consideration.

Find out which awards you have qualified for

Applicants typically hear back within 8 weeks of submitting their application and supporting documents.