Top 10 Scholarships in Canada: International students and immigrants have several reasons for choosing Canada, including its high quality of life, welcoming government policies, and availability of funding programs. These initiatives, provided by the government, philanthropic organizations, and top institutions, offer financial support to students studying in Canada.
This article outlines the top 10 scholarships in Canada that offer high payouts of over CAD 50,000. These scholarships are primarily awarded based on financial need or merit and provide an opportunity to pursue educational aspirations in Canada. The selection criteria are determined by the awarding body and program goals.
Highly Paid Scholarships in Canada
Scholarships available in Canada offer significant advantages to international students. A selection of these advantages are outlined as follows:
- Complete medical coverage.
- The cost of academic materials
- monthly stipend and all living expenses
- Free meal and accommodation
- fully or partially paid tuition.
- Additional grants
- Allowance for relocation
- The opportunity to attend seminars
- Networking opportunities
- sporting membership.
Collectively, these benefits, among others, combine to form the total award amount, typically sufficient to meet the student’s educational needs.
Top 10 Scholarships in Canada Paying Above CAD 50,000
1 – Schulich Leader Scholarship ($100,000)
Earning its place as one of Canada’s most sought-after scholarships, the Schulich Leader Scholarship holds a significant value of $100,000. This esteemed scholarship is exclusively available to high school graduates who exhibit entrepreneurial mindsets and are concurrently pursuing studies in science, mathematics, technology, and engineering.
2 – Loran Scholarship Award ($100,000)
Forged through a strategic collaboration between the Loran Scholars Foundation and esteemed Canadian universities, the Loran Scholarship Award opens a gateway of opportunity for ambitious students. Exceptional leadership qualities and unwavering character serve as the cornerstones for selecting recipients, who are honored with a substantial financial package totalling $100,000.
3 – University of Toronto International Scholar Award ($80,000 – $180,000)
Noteworthy for its generosity, the University of Toronto’s International Scholar Award encompasses a monetary range spanning from $80,000 to an impressive $180,000. Designed exclusively for international scholars, this award celebrates outstanding academic achievements. Stretched over four years, the scholarship comes with specific criteria that must be met to ensure continued eligibility.
4 – Vanier Canada Graduate Scholarships ($50,000)
The Vanier Canada Graduate Scholarships offer a substantial grant of $50,000. Notably, these scholarships are awarded based on a combination of factors, including leadership potential, academic excellence, and research aptitude. Over three years during their PhD studies, recipients benefit significantly from this funding.
5 – The Banting Postdoctoral Fellowship ($70,000)
With an impressive value of $70,000, The Banting Postdoctoral Fellowship stands out as a non-renewable scholarship. This opportunity is available not only to Canadian students but also to international students. Over two years, this fellowship aims to support postdoctoral researchers across diverse fields, including health, natural sciences, engineering, social sciences, and humanities.
6 – York University International Student Scholarships (Up to $180,000)
For students facing unforeseen financial difficulties, York University extends a range of scholarships, varying from $80,000 to an impressive $180,000. Particularly crucial for both current and international students, these scholarships provide significant financial assistance to those grappling with emergency financial challenges linked to their academic fees.
7 – WU International President’s Entrance Scholarship ($50,000)
Exclusively available to non-Canadian applicants seeking full-time studies at Western University, the WU International President’s Entrance Scholarship holds a significant value of $50,000. Notably, academic excellence forms the cornerstone of selection for this prestigious award.
8 – The Calgary International Entrance Scholarship ($60,000)
The Calgary International Entrance Scholarship, valued at $60,000, is meticulously tailored for international students as well as permanent residents of Canada. This scholarship distinctly aims to recognize and support exceptional academic achievements among undergraduate students.
9 – University of Toronto Lester B. Pearson Scholarships ($50,000+)
The University of Toronto’s Lester B. Pearson Scholarships offer an unparalleled opportunity, fully covering tuition and additional costs, exceeding $50,000. Importantly, the actual value of the scholarship varies, depending on the chosen program of study and individual considerations.
10 – Pierre Elliott Trudeau Foundation Scholarships ($60,000)
Demonstrating a steadfast commitment to fostering future leaders, The Pierre Elliott Trudeau Foundation Scholarships offer a substantial sum of $60,000. Specifically aimed at doctoral students, these scholarships play a pivotal role in equipping recipients with the necessary skills to translate their innovative ideas into impactful community initiatives.
How to Get Highly Paid Scholarships in Canada
Thorough due diligence is key to success in scholarship applications, especially in Canada. Follow these tips to optimize your efforts.
- Conduct meticulous research about the desired scholarship categories. In this instance, the article furnishes explicit details about available scholarships.
- Comprehend the prerequisites and submission criteria thoroughly. Focus exclusively on scholarships for which you unequivocally meet the eligibility requirements.
- Verify the completeness of your application documents before submission.
- Pursue early submission for every qualifying scholarship opportunity.
- Embrace ingenuity in your application approach. Extend your considerations beyond academic achievements; indeed, certain scholarships evaluate diverse criteria such as community involvement and athletic contributions.
- Should an essay be mandated, craft a meticulously structured, comprehensive, and exceptional piece.
Required Qualifications for Highly Paid Scholarships in Canada
The criteria for earning scholarships in Canada include various factors. In general, scholarship committees assess three core aspects before awarding scholarships:
- Excellent academic records
- High level of Language proficiency
- Participation in social and extra-curricular activities
Various scholarships are available for international students who wish to study in Canada. These scholarships are offered by the Canadian government, select Canadian universities, reputable non-profit organizations, and private individuals. If you are worried about financing your Canadian university education, don’t worry. You can take advantage of the aforementioned scholarships and accompanying guidance which will help you achieve your educational goals in Canada without fail.