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Academic scholarships

Awarding scholarships is an integral part of our mission

Our scholarship programs reflect the vision and mission of Desjardins Foundation. They particularly support finance, cooperation and democracy.

The Foundation also awards scholarships related to Desjardins employment fields and sectors that help support economic and community development in regions and large urban centres.

Call for applications period:
January 15 to March 17, 2014

Important follow-up dates:
March 17, 2014: Application period ends
April to September, 2014: Applications processed and scholarship recipients selected
Mid-September, 2014: Results forwarded to all applicants

Conditions

To be eligible for a Desjardins Foundation scholarship, students must be Canadian citizens or have permanent resident status and meet the following basic requirements1:

  • have a primary residence in Quebec or Ontario
  • be enrolled full-time (except in the cases stated below) in a secondary-level vocational program of study, CEGEP-, college- or university (including research) program of study at a recognized2 educational institution at the time they receive their scholarship4, and be able to prove an average grade of 60% or equivalent for the academic results of the previous 2 terms.
  • fulfill the criteria for the desired scholarship with regard to level and program of study (see Scholarships available for further details)
  • have completed and sent the online form and provided all required documentation before March 17, 2014, at midnight
  • for Ontario residents: be member of a Desjardins caisse populaire

Exclusions

The following individuals are not eligible for a Desjardins Foundation scholarship:

  • Employees, managers, directors and officers of Desjardins Foundation, and members of their immediate families (brothers, sisters, children, father, mother), legal or de facto spouses or persons with whom they are domiciled
  • Members of the Desjardins Foundation scholarship recipient selection committee, members of their immediate families (brothers, sisters, children, father, mother), their legal or de facto spouses or persons with whom they are domiciled

Exceptions

Students who are enrolled for at least 20 course hours per month and meet one of the conditions below are considered part-time students.

Students who meet the following conditions are considered full-time students:

  • Be the head of a single parent household and
    • live with your child under age 12 on September 30 of the current year
      or
    • live with your child under age 21 who is in school and has a major functional deficiency or mental disorder on September 30 of the current year
  • Have a spouse and
    • live with your child under age 6 on September 30 or the current year
      or
    • live with your child under age 21 who is in school and has a major functional deficiency or mental disorder on September 30 of the current year
  • Be at least 20 weeks pregnant
  • Suffer from a major functional disability
  • Participate in Emploi et de la Solidarité sociale Québec's Réussir program
  1. Additional scholarships available only to Desjardins employees include different eligibility criteria. Information on these scholarships is available on the Desjardins Employee Portal.
  2. Quebec residents must be registered in a program of study and educational institution that are on the list of recognized institutions by the Ministère de l'Éducation, du Loisir et du Sport du Québec. In Ontario, any program at a college of applied arts and technology.
  3. Students in Quebec must be enrolled in a program of study and educational institution that are recognized by the Ministère de l'Éducation, du Loisir et du Sport du Québec. Students outside Quebec must be enrolled in the Government of Canada's Master List of Designated Educational Institutions.
  4. First scholarship payment is made in October of the current year and the second in mid-February of the following year. Vocational programs must be at least 6 months long and students must be in school in October of the current year.

Candidates are selected according to the following criteria:

Criteria:

  • Academic excellence (grades)
  • Community involvement (school, cooperative, sports, community, cultural and business activities, etc.).
  • Financial need and financial situation
  • Succession and regional development needs (for Special and Other scholarships—see Scholarships available for more details).

Overall evaluation of the candidate:

Selection committees will evaluate your educational and career goals, the steps taken reach your goals, your cover letter and the quality of your writing (spelling and grammar).

We aim to support students who persevere with their studies despite difficult personal situations and take such situations into account when evaluating candidates. Accordingly, candidates are asked to briefly describe any personal situation that has affected their studies.

Selection process:

Selection committees impartially evaluate each application using a strict and objective process.

To ensure all 17 Desjardins regions are represented, a selection committee has been formed for each region. Applications are assigned to regional committees based on the location of the candidate's Desjardins caisse or home region.

Certain scholarships do not have regional prizes, and applications are exclusively evaluated by national selection committees.

The 2014 call for applications for academic scholarships has ended.

In 2014, Desjardins Foundation will be providing more than 600 scholarships and awards valued at close to $1.2 million in financial aid to Quebec and Ontario students.

Thank you to all participants.

Learn more

Over $1 million in scholarships will be awarded in 2014 for a variety of programs.

Learn more

As a general rule, scholarships are not taxable. They do, however, count when applying for certain tax advantages.

In Quebec, scholarships are, in general, not taxable. However, scholarship amounts must be added into net income and deducted from taxable income.

This means that income derived from scholarships on a Quebec tax return has an impact on some tax deductions and social welfare benefits, such as:

  • child support payments
  • non-refundable tax credit for medical expenses
  • refundable tax credit for childcare
  • refundable tax credit for work premiums
  • refundable solidarity tax credit

At the Federal level, if you receive a scholarship towards studies that do not quality you for an education amount, amounts over $500 must be added to your income. For scholarships towards studies that qualify you for an education amount, the entire amount is taxable except for amounts used to pay the qualifying program enrolment fees for the term for which the scholarship was awarded.

Including scholarship-related income to your federal tax return has an impact on some tax deductions and social welfare benefits, such as:

  • Canada Child Tax Benefit
  • GST/HST credit
  • non-refundable Medical Expense Tax Credit

Desjardins Foundation congratulates all 2013 scholarship recipients

On October 24, 2013, at the Complexe Desjardins Grande-Place, Desjardins Foundation honoured all 31 national scholarship recipients in the presence of Monique F. Leroux, President and CEO of Desjardins Group and President of the Desjardins Foundation Board of Directors, Desjardins Foundation governors and several members of the selection committee. The event took place at the same time as other ceremonies throughout Quebec to highlight and celebrate the successes and dreams of hundreds of young regional Foundation scholarship recipients.

A total of 550 scholarships, valued at nearly $1 million, were awarded by Desjardins Foundation this year.

Congratulations to all 2013 scholarship recipients!

2013 national scholarship recipients

2013 national scholarship recipients with Monique F. Leroux, President and CEO of Desjardins Group and President of the Board of Directors of Desjardins Foundation, Normand Desautels, Senior Executive Vice-President of Desjardins Group and Louise-Marie Brousseau, General Manager of Desjardins Foundation.

See young, motivated, driven and inspiring scholarship recipients

Centre-du-Québec Desjardins Foundation scholarship recipients introduce themselves. Watch the videos:

 - Watch the video: Mathieu Boivin-Carrier – boursier de la Fondation Desjardins

Mathieu Boivin-Carrier – boursier de la Fondation Desjardins (in French only) (56 s)
Second year business administration student at HEC de Montréal, specialization in finance, and member of Caisse Desjardins des Bois-Francs

 - Watch the video: Marie-Laurence Valois – boursière de la Fondation Desjardins

Marie-Laurence Valois – boursière de la Fondation Desjardins (in French only) (1 min 3 s)
Business administration student at HEC de Montréal and member of Caisse Desjardins de Drummondville

 - Watch the video: Vanessa Anger-Letendre – boursière de la Fondation Desjardins

Vanessa Anger-Letendre – boursière de la Fondation Desjardins (in French only) (48 s)
Early education student at Cégep de Drummondville and member of Caisse Desjardins des Bois-Francs

 - Watch the video: Kassandra Tardif – boursière de la Fondation Desjardins

Kassandra Tardif – boursière de la Fondation Desjardins (in French only) (1 min 5 s)
First year medical student at Université de Sherbrooke and member of Caisse Desjardins de Drummondville

 - Watch the video: Maryse Provencher – boursière de la Fondation Desjardins

Maryse Provencher – boursière de la Fondation Desjardins (in French only) (59 s)
Science and technology student at Université de Sherbrooke and member of Caisse Desjardins Godefroy

 - Watch the video: Kim Bélanger – boursière de la Fondation Desjardins

Kim Bélanger – boursière de la Fondation Desjardins (in French only) (1 min 1 s)
Masters student in guidance sciences at Université de Sherbrooke and member of Caisse Desjardins de Drummondville

 - Watch the video: Joanie Drouin – boursière de la Fondation Desjardins

Joanie Drouin – boursière de la Fondation Desjardins (in French only) (59 s)
Undergraduate student in psychology at Université Laval and member of Caisse Desjardins des Bois-Francs

 - Watch the video: Justine Martineau-Roy – boursière de la Fondation Desjardins

Justine Martineau-Roy – boursière de la Fondation Desjardins (in French only) (1 min 10 s)
Natural sciences student at Cégep de Victoriaville and member of Caisse Desjardins des Bois-Francs

 - Watch the video: Rébecca Durocher-Bergeron – boursière de la Fondation Desjardins

Rébecca Durocher-Bergeron – boursière de la Fondation Desjardins (in French only) (47 s)
Farm management and operation student at Cégep de Victoriaville and member of Caisse Desjardins des Bois-Francs

The 2014 call for applications for academic scholarships has ended. Check back in January 2015.

Learn more

By mail

Desjardins Foundation
1, complexe Desjardins
Case postale 7
succursale Desjardins
Montréal, Québec H5B 1B2

By email

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By phone

Montreal area: 514-281-7171
Elsewhere in Canada and the U.S.: 1-800-443-8611

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