The pursuit of higher education is an important aspect of personal growth and career development. However, the cost of obtaining a degree can be a significant barrier for many individuals. This is where scholarships can play a crucial role in supporting students to achieve their academic and professional goals.
Scholarships are financial awards given to students based on academic merit, financial need, or a combination of both. They can cover tuition fees, textbooks, accommodation expenses, and other educational expenses. Scholarships can be provided by universities, government agencies, non-profit organizations, and private donors.
One of the primary benefits of scholarships is that they can help to increase access to higher education. For students who come from low-income families, scholarships can provide the financial support they need to pursue their dreams of higher education. Scholarships can also encourage students to pursue majors and career paths that they may not have otherwise considered due to financial constraints.
Additionally, student loan debt is a major issue facing many graduates, and scholarships can alleviate some of this burden. By providing financial assistance, scholarships can help students to graduate without accumulating excessive debt, which can impact their ability to achieve their long-term financial goals.
Here are some scholarship opportunities for Canadian students to study further:
1. Schulich scholarship
The Schulich scholarship is awarded to outstanding high school graduates who are pursuing undergraduate studies at one of the participating universities in Canada. The scholarship program was established in 2012 by Seymour Schulich, a prominent Canadian businessman and philanthropist, with the aim of encouraging excellence and leadership in Canadian students.
The Schulich Scholarship is valued at $80,000 to $100,000, depending on the university and program of study, and covers tuition fees, living expenses, and other educational expenses for up to four years of undergraduate studies. In addition to the financial support, Schulich Scholars also receive mentorship and leadership training, as well as opportunities for networking and community engagement.
To be eligible for the Schulich Scholarship, students must demonstrate outstanding academic achievement, leadership potential, and community involvement. They must also meet the specific eligibility criteria of the participating universities, which may vary depending on the program of study and other factors. The selection process for the Schulich Scholarship is highly competitive and involves multiple stages, including a written application, references, and an interview.
2. Loran Scholarship
The Loran Scholarship provides financial support, mentorship, and leadership training to its recipients for up to four years of undergraduate studies at any Canadian university. The scholarship covers tuition fees, living expenses, and other educational expenses, and is valued at up to $100,000 over four years.
Loran Scholars also receive mentorship and leadership training through a comprehensive program that includes summer internships, retreats, and community service opportunities. The program is designed to help scholars develop their leadership skills, expand their knowledge, and make a positive impact in their communities and the world.
3. TD Scholarship
The scholarship program is funded by TD Bank Group, one of the largest banks in Canada, and is administered by the charitable organization, TD Scholarships for Community Leadership. The TD Scholarship provides financial support, mentorship, and networking opportunities to its recipients for up to four years of undergraduate studies at any Canadian university. The scholarship covers tuition fees, living expenses, and other educational expenses, and is valued at up to $70,000 over four years.
To be eligible for the TD Scholarship, students must demonstrate a strong commitment to community service and leadership and have made a significant impact in their communities. They must also have a minimum grade point average of 75% and be Canadian citizens or permanent residents. The TD scholarship cares about the students actions, not just their grades.
4. Ontario Graduate Scholarship (OGS) Program 2023
The Ontario Graduate Scholarship (OGS) Program is a merit-based scholarship program that provides financial support to students pursuing graduate studies at the master's or doctoral level in Ontario, Canada. The program is intended to help attract and retain the best and brightest students, both domestically and internationally, to Ontario's universities.
To be eligible for an OGS award, applicants must be enrolled or planning to enroll in a graduate program at an eligible Ontario university, have a minimum average of A- in each of the last two years of study, and meet the citizenship and residency requirements. The amount of the award varies depending on the level of study and the duration of the program, but typically ranges from $5,000 to $15,000 per year.
The application process for the OGS program typically opens in the fall and closes in the winter. Applicants must apply directly to the university they are attending or planning to attend, and each university has its own application process and deadlines.
5. Arthur F. Church Entrance Scholarships 2023
The Arthur F. Church Entrance Scholarships are a set of scholarships that are awarded to incoming undergraduate students at the University of Waterloo in Ontario, Canada.
These scholarships are intended to recognize academic achievement, leadership potential, and community involvement, and are available to students entering any faculty or program at the University of Waterloo. The scholarships are valued at $10,000 each and are renewable for up to three additional years, provided the recipient maintains a minimum academic average of 80% and continues to demonstrate leadership potential and community involvement.
To be eligible for the Arthur F. Church Entrance Scholarships, students must be Canadian citizens or permanent residents, and have an admission average of at least 90%. In addition, applicants must submit a personal statement that demonstrates their leadership potential and community involvement.
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Scholarships for International Students who want to study in Canada:
1. Banting Postdoctoral Fellowships
Given to national and international post-graduates to attract top-tier intelligent minds. Students are given 70,000 CAD annually for 2 years.
2. IDRC Research Awards
Students from developing countries can apply for this scholarship. A sum amount is transferred throughout your course tenure.
3. Vanier Canada Graduate Scholarships Program
The government of Canada offers scholarships to students pursuing Masters in the field of Science, Engineering, Humanities etc. The scholarship presents 50,000 CAD annually to students for three years.
4. Shastri Indo-Canadian Institute
Fellowships to various graduate and postgraduate Indian students studying at a reputed university. Eligible students can sign up for courses or take a part of their coaching from any Canadian university that falls under SICI online.
5. Canadian Commonwealth Scholarship and Fellowship Plan
Students hailing from the commonwealth nations can get several grants every year. This scholarship changes every year to provide different privileges.
Visit this website to find out more: https://yocket.com/blog/scholarships-in-canada
I hope this article was helpful for you, and you are able to find a scholarship that works for you and are able to attend the university you hoped to! Make sure to do great things!