If you are planning to study in Canada, you should take full advantage of the scholarship opportunities available in the country. Many private companies and organizations provide partially-funded and fully-funded scholarships to Canadian and International students.
Since many companies claim to offer the best scholarship opportunities, you may be a bit skeptical when looking for the right scholarship to apply. Generally, you should apply for a scholarship opportunity that guarantees maximum support and success.
Top Companies that Offer Scholarships to Students
Searching for the right scholarship can be quite overwhelming, as it takes much time. That is why we came up with a list of top companies that award scholarships to Canadian and international students. Keep reading to find more information about the awards.
CIBC Scholarships
The Canadian Imperial Bank of Commerce (CIBC) provides scholarships and bursaries to help students offset the costs of higher education. In most cases, the company offers corporate scholarships to the employees’ children.
However, the company may also award such scholarships to a vast range of applicants in the country. If not scholarships, it may provide bursaries to students that want financial aid to complete their higher education in a qualified institution.
Thankfully, CIBC administers a wide range of corporate scholarships, including the CIBC Access Awards/MBA Awards and the CIBC Youthvision Scholarship Program. You can visit the company’s website to find more information about these opportunities.
Knowledge First Financial Scholarships
As the largest RESP Company in Canada, Knowledge First Financial offers scholarship awards to outstanding RESP beneficiaries and non-beneficiaries. The move has helped many Canadian students to finance their post-secondary education without struggles.
The company provides ten graduate scholarships worth CA$120,000 to students studying in Canada. Five of the awards are open to all applicants, while the remaining five are only available for RESP beneficiaries, and are worth more than the former.
The five scholarships open to everyone are worth CA$15,000 per awardee, while the ones meant for RESP beneficiaries are worth CA$25,000 per awardee.
Toronto-Dominion (TD) Bank Scholarships
If you love community work, the TD Scholarships for Community Leadership would be the best scholarship to apply. Applicants who actively engage themselves in community work are more likely to get this scholarship opportunity.
To be eligible for the TD scholarship, you must demonstrate community leadership skills. You must be willing to support change and nurture progress in the community to make the world a better place.
When it comes to funding, the company offers up to CA$10,000 yearly for tuition fees and up to CA$7,500 annually for living expenses. When you do the simple math, the value of the TD scholarship adds up to CA$70,000 for up to a maximum of four years.
MasterCard Foundation Scholarship Program
If you are a financially disadvantaged student from Sub-Saharan Africa, you can apply for the MasterCard Foundation Scholars Program at top Canadian universities. Some of them include the University of Toronto and the University of British Columbia.
MasterCard has partnered with some of the Canadian universities to help eligible Africans pursue their master’s education. It’s a fully-funded scholarship that aims at promoting economic growth and development in African countries through education.
However, to increase the chances of getting this scholarship opportunity, you must have an outstanding academic performance. You must also express your need for financial aid to fund your post-secondary education in an eligible institution.
HSBC Bank Scholarship Award
If you’ve always wished to advance your career in fields such as Bachelor of Commerce, the HSBC Bank Canada Award will be the best scholarship to apply. However, it’s highly competitive, and you must have outstanding academic grades to qualify.
Like any other scholarship opportunity, you must express your need for financial support to get this HSBC scholarship award. Besides, you must already be in your third or fourth year of study to be eligible for the scholarship.
Additionally, to qualify for this scholarship award, you must have registered in an eligible undergraduate program with an average grade of at least 80 percent. If you get the award, you’ll receive CA$2,000 annually as a full-time student enrolled in a Canadian college.
Edkent Media Scholarship Program
Edkent Media Company also provides annual scholarship awards to Canadian students enrolled in an eligible college or university. Every year, the company offers a US$1,000 grant to one student with exceptional writing skills.
Applicants need to write short essays (500-1,000 words) on a specific topic issued by the company. The company officials will then review the articles and notify the winner, who is entitled to receive the US$1,000 grant.
Final Words
It’s no doubt that many companies offer scholarship awards. However, you need to have outstanding academic performance to get such an opportunity. Besides, you must also express your need for financial support to fund your higher education. As you apply for the scholarships, check the eligibility requirements, and ensure that you fulfill all of them.