Each year, Woodsworth College provides over $1 million in financial support through grants and scholarships to its students. Woodsworth College grants are awarded to students based on financial need. Grants provide modest assistance to students who have explored all other avenues of financial assistance (e.g. work, family support, OSAP, UTAPS, Noah Meltz Grant) and still have financial need.
Woodsworth College Scholarships are awarded based on academic merit. The flagship Peter F. Bronfman Scholarship Fund provides a $12,000 award to a graduating student who excels academically and has contributed to the university and the larger community. Additionally, Woodsworth College has many admission, in-course and graduation scholarships.