Top Scholarship In Canada Right Now

With over 2.1 million international students enrolled in Canadian universities and colleges, it is no
surprise that Canada is a popular destination for higher education. In Canada alone, there are numerous
scholarships available for domestic and international students at all levels of study undergraduate,
graduate and postgraduate.

Types of Scholarships in Canada

1.University-specific scholarships

These university-specific scholarships are usually awarded based on academic excellence, leadership
qualities, or financial need.

Here are some of the top university-specific scholarships currently available in Canada:

  1. University of Toronto Scholars Program – This prestigious scholarship is open to international students
    who have demonstrated exceptional academic achievement and community involvement. It covers full
    tuition fees for four years and also provides an additional $7,500 for other expenses.
  2. University of British Columbia International Leader of Tomorrow Award – This award is available to
    outstanding international undergraduate students with strong academic records and leadership potential.
    It covers tuition fees, living expenses, and other costs for up to four years.
  3. McGill University’s Entrance Scholarship Program – This program offers renewable entrance
    scholarships ranging from $3,000 to $12,000 per year for three years to incoming undergraduate
    international students who have achieved academic excellence.
  4. York University Automatic Entrance Scholarships – This scholarship is automatically awarded to high-
    achieving international students who are entering their first year at York University. The amount varies

depending on the student’s admission average and can range from $1,000 to $10,000 per year for four

  1. Simon Fraser University Undergraduate Scholars Entrance Scholarship – This scholarship is open to
    new undergraduate international students with excellent academic records and it covers up to $10,000
    per year for four years towards tuition fees.

6.McMaster University President’s Award of Excellence – This highly competitive award recognizes
exceptional international students entering McMaster’s undergraduate programs with a minimum
admission average equivalent of 90%. It covers full tuition fees plus an additional allowance toward
books and supplies.

These are just some examples; there are many more university-specific scholarships available across
Canada that cater specifically to domestic or international students’ needs.

2. Government-funded scholarships

These scholarships are often highly competitive, but they offer generous financial aid to help cover tuition
fees, living expenses, and even travel costs.

The Canadian government offers a wide range of scholarship programs for international students at all
levels of study – undergraduate, graduate, and postgraduate. One of these programs is the International
Scholarship Program (ISP), which provides scholarships to outstanding students from eligible countries
for short-term studies or research in Canada.

Another prominent scholarship program funded by the Canadian government is the Vanier Canada
Graduate Scholarships (Vanier CGS). This program aims to attract and retain world-class doctoral
students by providing them with substantial financial support during their studies. The Vanier CGS covers
full tuition fees, living expenses, and round-trip airfare for international awardees.

For those interested in pursuing undergraduate studies in Canada, there are also government-funded
options available. The Globalink Research Award by Mitacs is one such program that provides funding
for undergraduate researchers from eligible countries to conduct a 12-week research project at a
Canadian university. This award covers airfare, accommodation costs, a stipend for living expenses, and
research-related expenses.

In addition to these national-level scholarship programs, there are also various provincial governments in
Canada that offer their own funding opportunities for international students. For example, the Ontario
Graduate Scholarship (OGS) offers merit-based awards to international graduate students studying in
Ontario universities.

Apart from direct government-funded scholarships mentioned above, many universities in Canada also
receive funding from federal or provincial governments to provide financial assistance to their
international students. These scholarships may be specific to certain fields of study or applications may
be automatically considered upon admission into the university’s degree program.

3. Private Organization Scholarships

Private organization scholarships, also known as external scholarships, are offered by various private
companies, businesses, and organizations to support students in pursuing their education. These
scholarships provide financial aid to students based on merit, need or other criteria set by the

One of the top private organization scholarships available in Canada is the TD Scholarships for
Community Leadership. This scholarship is awarded to Canadian high school students who have
demonstrated exceptional leadership skills and a strong commitment to making a positive impact in their

community. The award includes up to $10,000 per year towards tuition fees for up to four years of
undergraduate studies.

Another highly coveted scholarship is the Horatio Alger Canadian Scholarship Program which aims to
assist low-income and financially struggling students in pursuing post-secondary education. The program
offers up to $10,000 annually for a maximum of five years towards tuition fees and other educational

For those interested in studying business or entrepreneurship, the Loran Scholars Foundation offers one
of the most prestigious private scholarships. This scholarship provides full coverage for four years of
undergraduate studies including tuition fees, living expenses, mentorship opportunities and summer
internships. In addition to academic excellence and financial need, applicants are evaluated based on
character traits such as perseverance, integrity and leadership potential.

The Harry Jerome Scholarship is another notable opportunity for Black-Canadians pursuing post-
secondary education. Administered by the Black Business & Professional Association (BBPA), this

scholarship provides funding ranging from $1,500-$5,000 depending on financial need and academic

In addition to these prominent scholarships mentioned above, there are countless others offered by
private organizations across Canada that cater to specific fields of study or underrepresented groups
such as women or Indigenous communities. For example, the Canadian Women’s Foundation offers
multiple awards totaling over $100 000 annually specifically for women pursuing higher education.

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Eligibility Criteria

  1. Academic Merit: This refers to your academic performance and achievements, such as your GPA,
    class rank, and standardized test scores. Required minimum GPA is 3.0 or higher, but some may have
    even stricter requirements.
  2. Citizenship/Residency: Many scholarships in Canada are specifically for Canadian citizens or
    permanent residents only. However, there are also some scholarships available for international students
    studying in Canada.
  3. Financial Need: Applicants are to demonstrate financial need through their family income or other
    financial circumstances.
  4. Field of Study: students studying a particular field of study, such as STEM (Science, Technology,
    Engineering and Math) fields or arts-related subjects.
  5. Extracurricular Activities: many scholarships also value involvement in extracurricular activities such as
    community service, sports teams, clubs and organizations.
  6. Letter(s) of Recommendation: one or more letters of recommendation from teachers/professors or
    other individuals who can speak to your character and achievements.
  7. Essay/Written Submission: submit an essay on a specific topic related to the scholarship’s mission or
  8. Age Requirement: Applicants within a certain age range (e.g., under 25 years old).

9 . Language Proficiency: Proof of English or French proficiency through standardized language tests
such as TOEFL or IELTS.

Application Process and Timeline

  1. Start by identifying the types of scholarships that you are eligible for and narrow down your list based
    on factors such as field of study, location, and award amount. You can search for scholarships through
    online databases, university websites, or by speaking with a financial aid advisor.
  2. Get ready your documents such as transcripts, letters of recommendation, personal statements, and
    proof of financial need.
  3. Fill out the application form itself. This may require creating an account on an online platform or
    submitting a physical form via mail or email.
  4. Write your essays or personal statements as part of the application. This is your chance to showcase
    your academic achievements, career goals, and highlight any relevant experiences or skills.
  5. Its important to submit all required materials before the stated deadline. Some scholarships may even
    have earlier deadlines than others so it’s essential to keep track of these dates.

Now let’s discuss a rough timeline for when you should start preparing for these steps:

It’s important to note that these timelines are just a general guideline. Some scholarships may have
earlier or later deadlines, so it’s essential to carefully read through all requirements and plan accordingly.

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