FAQ – Desjardins Foundation – Scholarships

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Enter the program you’ll most likely be in. What’s important is that you’re still in school in the fall. If you’re selected to receive a Desjardins Foundation scholarship, you’ll need to fill out a declaration form and submit a proof of enrolment. You can then report any changes to your file.

See eligibility requirements

The Desjardins Foundation does not handle government guaranteed student loans. To contact the Student Advisory Centre, call 1-866-388-3373 or see Government Guaranteed Student Loans.

  • In April and May, applications are processed and recipients are selected.
  • In June, we contact the selected scholarship recipients. Keep an eye on your email to find out if you've been selected.
  • In July and August, we confirm the Desjardins Foundation scholarship recipients' eligibility.
  • In September and October, Desjardins Foundation scholarships are awarded to the recipients.

Please note that once you submit an application, it will automatically be sent to other scholarship programs you qualify for. As a result, you could find out that you've won a scholarship at any point in the year from your caisse, the Desjardins Foundation or a Desjardins partner that wants to support your academic career. Good luck!

We send out tax slips to all Desjardins Foundation scholarship recipients in February. If you haven't received them after this time, call us at 514-281-7171 or toll-free at 1-800-443-8611, or email us - This link will open in a new window..

Provincial tax return

In Quebec, scholarships are generally not taxable. However, scholarship amounts must be added into net income and deducted from taxable income. This means that including 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
  • non-refundable tax credit for persons living alone
  • refundable tax credit for non-subsidized childcare
  • additional contribution for subsidized childcare
  • refundable solidarity tax credit

Federal tax return

In Ontario and at the federal level, if the scholarship is for a program of study for which the individual is not a "qualifying student," amounts over $500 must be added to income. If the scholarship is awarded for a program of study for which the individual is a "qualifying student," it is not taxable. However, the scholarship must be linked to enrollment in an eligible program for the program's duration.

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

  • Canada child benefit
  • GST/HST credit
  • Non-refundable Medical Expense Tax Credit

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