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Education

Scholarship Plans in Canada

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The pressure of studying is enough to make anyone crazy, but doing it without the money needed makes it way worse. That’s why scholarships and bursaries are a great option for any student- because if you work hard you deserve some compensation. Luckily there are a lot of options for Canadian students, or people planning on studying in Canada, so don’t panic just yet! First and foremost for most students is the RESP (Registered Education Savings Plan) system that allows parents to open a savings account for your studies when you’re still toddling around in diapers. This type of account is not only subsidised by the Canadian government (who pays in a certain amount for each deposit your parents make), but your grandparents and loved ones can contribute too! By the time you are old enough to finish high school you should have a RESP that is set up enough that you can finish your studies without worrying about where your next textbook will come from (and we know just how expensive those are!). The RESP starts out by being registered with the Canadian revenue agency, and they can help you set up the rest from there! Do you not have a RESP set up? Don’t despair! Try checking out ScholarshipsCanada.com for more options! They can help you find a match to your best option for your chosen university or trade school, and they feature a ton of options as long as you have a 3.00 to 4.00 GPA. They also look at stuff like work experience and even community service as possible eligible acts for a scholarship. Go check them out for some more tips and tricks and to see what kind of scholarship you can apply for! They’re not the only ones with scholarship info though. Universities Canada has a full and all-encompassing list of scholarships for literally anyone- including engineers, veterans, and even one for aspiring female scientists. Their awesome list gives you all the info you need such as deadline dates and application forms. Some of the scholarships they offer are the L'Oréal Canada For Women in Science scholarship, the Queen Elizabeth II Silver Jubilee Endowment Fund for Study in a Second Official Language Award scholarship and they even have the Mattinson Scholarship Program for Students with Disabilities. Try checking them out for even more options in different disciplines! The Canadian government also offers options to people hoping to study while they work. The Apprenticeship Incentive Grant (AIG) is a financial grant that you can get every year as long as you are registered as an apprentice in one of the Red Seal trades, namely stuff like woodwork, hairstyling and ironworking. Not a bad option, and also tax deductible!
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