Providing financial assistance to women pursuing a Queen's degree was a primary focus of the FWC. Until the 1990s, the FWC collected, managed, and donated funds directly. For instance, the Residence Bursary was initiated in 1953 to assist a female student with her residence fees. In 1954, the Club set up a Residence Bursary from the proceeds of a very successful tea. Annually, amounts of $50 - $150 were made available to the Dean of Women, the Registrar, and at times, the Padré, to assist women in meeting their residence fees.
In the late 1990s, this responsibility was given to the Student Awards Office and the Ban Righ Centre. The QWA continues to make an annual donation to these funds and encourages members to make individual donations.
In 1967, this fund was renamed the Elizabeth Wallace Bursary to recognize the valuable contributions Mrs. Wallace made to the Club. It is now administered and awarded by the Ban Righ Centre to a mature woman in need returning to study at Queen’s. It is worthy of note that in 1977, Miss Colleen Purdon, a recipient of the Elizabeth Wallace Bursary was the guest speaker at the Club's annual dinner meeting.
This bursary is awarded to assist a female student in need of financial assistance. It is administered by the Student Awards Office.
Our third bursary was established to mark our 60th anniversary and to honour Alice Corry, a charter and life member of the Club, and Honorary President since 1961. The Alice Corry Graduate Bursary is to be awarded annually to a woman pursuing a doctoral degree in Education.
Established in December 2005 to mark the QWA`s 65th anniversary and honour Stephanie Deutsch (McGill, Business, 1939) , this award supports a female commerce student on the basis of financial need and academic achievement