Yukon student wins big scholarship

Cash infusion helps keep student debt at bay

Toronto, ON – September 16, 2013 – Yukon student, Stacey Sellars is one of 10 Canadian students selected to receive $7,500 towards her graduate studies this year from the Canadian Scholarship Trust Foundation.

Sellars was chosen from more than 260 applicants across Canada to receive the Kenneth Le M. Carter Award, based on her academic excellence, community service and extra-curricular activities.

Sellars is graduate student pursuing a Master’s degree in Publishing at Simon Fraser University in Vancouver and will apply the award to helping her complete her thesis on the development digital storytelling in Canada.

“I want to revolutionize the publishing industry through my work and this award will help give me the peace of mind knowing that I have money to help pay for school. I was fortunate that my parents were able to help pay for my degree by investing in a RESP,” says Sellars.

She’s had to overcome some obstacles along the way. During the first year of her studies, her father was diagnosed with a brain tumor and passed away late last year. This event prompted her to join the Brain Tumour Foundation of Canada for whom she’s managed, with her team, to raise over $5,000 for important research and support programs.

Each year, CST grants graduate awards and scholarships to students from across Canada who benefited from a Canadian Scholarship Trust Plan and/or who has been accepted into a post-secondary program depending on the award. More information can be found at https://www.cst.org/en/about-cst/awards.

“Saving with a Registered Education Savings Plan is the best way to make sure your child is able to go to post-secondary education. But if you haven’t saved enough then scholarships are another source to help students pay for the increasingly higher costs of education,” says Peter Lewis, Vice President of the Foundation. “A lot of students believe they have to be brilliant or need to be a star football player to get a scholarship but that’s simply not the case.”

The Foundation offers the following tips for students looking to reduce their student debt by applying for a scholarship:

  1. Know your options – Basically there are three funding options; scholarships, bursaries and grants. You’ll need to know the differences and keep them in mind when sending through an application. Scholarships are given out based on achievement (academic, athletic, community etc...) and either need to be applied for or are granted automatically by a school.
  2. Know your strengths – While a lot of scholarships are based on grades, other attributes are increasingly being considered as more scholarships are becoming personalized. Anything that sets you apart from the other candidates is important. Write a list of activities you’ve participated in, volunteer work you’ve done, student council or community involvement. Ask your family and friends for help with this one.
  3. Start preparing early – Even if you aren’t going to start school until next year, whether it’s first year college or university or post-graduate studies, it pays to start looking at the available options now. See what the deadlines and requirements are so you can be ready when it comes time to apply.
  4. Research what’s out there – Outside of preparing early, research all available sources of money. Lots of companies offer scholarships to employees or their children as do unions, charities and clubs or organizations like legions. (CST does for its customers) Speak with your guidance counselor or principal. The internet is a very good tool; there are plenty of websites that use a database of scholarships to make it easier to search.
  5. Prepare your application – Make sure you know and meet all of the requirements before applying for a scholarship and pay attention to detail. Spelling, grammar, sentence structure and the layout of your submission are very important so make sure you have somebody proof read it. Try to stand out in the crowd, think about what sets you apart from everyone else and articulate it succinctly in your letter.

CST is a non-profit organization which has been helping families save for post-secondary education for over 50 years. Since the awards were founded in 1984, 259 students have shared nearly $1.5 million in scholarship money to apply to their post-secondary education.

For more information or to set up an interview with our award winners or a CST spokesperson please contact:

Edyta McKay – Manager, Corporate Communications
CST Consultants Inc.
Office – 416 445-7377 x 303 Mobile – 416 602-2849
[email protected]

About CST

The Canadian Scholarship Trust Foundation is a non-profit organization that has been helping families save for post-secondary education for over fifty years. As a wholly-owned subsidiary of the Foundation, C.S.T. Consultants Inc. (CSTC) is the distributor and manager of the Canadian Scholarship Trust Plans. Focused exclusively on growing and protecting its planholders' savings, CSTC currently manages $3.8 billion in assets for over 280,000 Canadian families. CSTC boasts a sales force of 640 located across the country. The Canadian Scholarship Trust Foundation offers its own awards for academic achievement and community engagement to those students in their Group Plans who are pursuing graduate studies. For more information about RESPs at CST go to www.cst.org or follow us on twitter @cstconsultants and like us on Facebook.