Jump to content

Lawstudents.ca is Canada's largest and most comprehensive law school, legal education, and legal practice discussion forum.

To participate in discussions, you will need to register an account. If you already have an account, make sure you sign in.


Tabulation of the accuracy of the loan calculator's bursary values

  • Please log in to reply
2 replies to this topic

#1 HammurabiTime

  • Members
  • 123 posts
  • LocationTO

Posted 20 September 2016 - 06:17 PM

Hey folks, as I'm sure all current students are aware of the results for financial aid were made available today. It seems almost everyone (not surprisingly) has received less than UofT's aid calculator suggested they would.


My query is by how much? It might be useful to potential students to have an idea of an average deviation from their estimate and/or to see if this changes over the years. I figure a percent difference would also have this remain fairly anonymous although if people were comfortable with it absolute values may also be illustrative and would potentially let us see if there are greater differences at the extreme ends or if it's roughly even across the board. With the percent only posters if they'd prefer we could still get a sense of amount by using some different gates:


1) $0-$2500

2) $2501-$5000

3) $5001-$7500

4) $7501-$10,000

5) $10,001-$15,000

6) $15,001-$20,000


Maybe sensible ranges since I think the bursary component caps at $20,000.


I'll start off, I got $8400/$10100 for a ~17% reduction compared to my estimated value. I only see a discrepancy in my bursary value, the interest payment, etc. values appear spot on.

#2 admitme

  • Members
  • 55 posts
  • LocationGTA

Posted 21 September 2016 - 04:06 AM

I received 1800 more than I was estimated

#3 tinman

  • Members
  • 21 posts
  • LocationToronto

Posted 24 September 2016 - 04:42 PM

1L here, I have not heard from Financial Aid.