There are the top universities in Canada that provide financial aid for international students by awarding cash benefits to cover their fees. Financial aid is monetary support provided mostly for students who meet the minimum requirements set up by the hosting body or organization. Some requirements are either based on academic performance and records, financial needs of students, course-related requirements, etc.
Applicants who are successful and they meet the requirements for a scholarship, will be awarded cash benefits to cover their tuition fee (fully-funded or partially funded). This has brought the awareness that there are top universities in Canada that provide financial aid for international students.
Sometimes, the award may also extend to cover students’ accommodation, transportation, travel benefits, and other academic-related costs. Many students from around the world choose to study in Canada, not because education in Canada is cheap, but because the government makes it easy and affordable for anyone to come to Canada and study.
The Canadian government amongst other organizations provide a lot of financial aid in the form of scholarship, grants, bursaries, loan, etc. for students and they also took it a step further by providing an easy path for students who schooled and graduated from a Canadian university or college to become permanent residents in the country.
Our focus in this article is mainly to list some of the top financial aid and support provided by different universities in Canada, and how best you can apply for them. The article is organized based on the qualification criteria which include Academic Performance, Students’ Financial needs, etc.
Just so it’s clear, the scholarship award that is based on students’ financial needs would require applicants to demonstrate proof that shows they are not financially capable to sponsor their education, and that they have no one capable of supporting them. Other scholarships based on academic performance and merits will basically require proof of academic record.
Financial Aids Based on Financial Needs of Students
University of British Columbia: International Leader of Tomorrow Award
Qualification for this Scholarship
Applicants for the International Leader of Tomorrow award are to first secure an offer of admission at the University of British Columbia, have a good academic record and performance, be a non-citizen or permanent resident of Canada, and then show that you lack the finance to pay for tuition and you have to one capable of supporting you.
Scholarship Benefits
Applicants who successfully secure this scholarship award will receive monetary awards equivalent to the tuition fees the student will have to pay. Students will also be awarded money to cover their living costs which include accommodation, books, and other academic materials.
Read Also: Scholarship at the University of Winnipeg
The Donald A. Wehrung International Student Award
Qualification for this Scholarship
This is a need-based scholarship award meaning that applicants must demonstrate financial need that shows they are not capable of paying for their tuition, which is the criteria to be considered for this award. Applicants must be students who are not citizens or permanent residents of Canada, you are unable to attend school in Canada except with financial support, be from a developing country, hold a secondary school diploma certificate, show great academic performance, and many more.
Scholarship Benefits
Applicants who successfully secure this scholarship award will receive monetary awards equivalent to the tuition fees the student will have to pay. Students will also be awarded money to cover their living costs which include accommodation, books, and other academic materials.
Financial Aids Based on Academic Performance of Students or on Merit Basis
University of Toronto: Pearson International Scholarship
Qualification for this Scholarship
This is a merit-based scholarship award for international students who demonstrate a good level of academic performance and achievement. The scholarship award recognizes students’ creativity and leadership skills, students who are non-citizens or permanent residents of Canada.
Scholarship Benefits
Applicants who successfully secure this scholarship award will receive full funding for 4 years.
Read Also: Cost of Studying in the UK
York University: Global Leader of Tomorrow Scholarship
Qualification for this Scholarship
This is another scholarship award provided based on students’ academic performance and on a merit basis. Applicants must also have a high school diploma certificate, and must have received an offer of admission to study under the following faculties Arts, Media, Performance & Design; Environmental Studies; Education; Glendon; Health; Lassonde School of Engineering; Liberal Arts & Professional Studies; Science; or the Schulich School of Business.
Scholarship Benefits
Applicants who successfully secure this scholarship award will receive monetary awards worth $80,000 ($20,000 x 4) and this is renewable each year only if a good level of academic performance is maintained.
The International Entrance Scholarship
Qualification for this Scholarship
Applicants who are considered for this scholarship are those who demonstrate a good level of academic performance, and those who have secured admission under any of the following faculties Arts, Media, Performance & Design; Environmental Studies; Education; Glendon; Health; Lassonde School of Engineering; Liberal Arts & Professional Studies; Science; or the Schulich School of Business.
Scholarship Benefits
Applicants who successfully secure this scholarship award will receive monetary awards worth $140,000 ($35,000 x 4) and this is renewable each year only if a good level of academic performance is maintained.
