Canada is most sort after by international students and immigrants for a number of factors; the quality of life, the acceptance and generosity of the Government of Canada towards foreign nationals amongst other things.
Canada is known for its welcoming approach to international students and offers various funding and grant programs to support their educational pursuits. These programs are often aimed at fostering diversity, promoting academic excellence, and strengthening global connections.
Top 10 Scholarships in Canada [Paying $50,000 and Above]
Fully funded scholarships can significantly alleviate the financial burden associated with pursuing higher education abroad. It’s encouraging to see organizations recognizing both financial need and academic merit in awarding these scholarships.
Highly Paid Scholarships in Canada | Funding Coverages
Scholarships offered in Canada provide great benefits to international students. Some of these benefits are listed below;
- 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.
All these benefits and more will sum up to the award amount which should usually be enough to take care of the student’s study needs.
List of Highly Paid Scholarships in Canada Paying Above CAD 50,000
#1- Schulich Leader Scholarship ($100,000)
This is one of Canada‘s most coveted scholarships. It is valued at $100,000. This scholarship is awarded to high school graduates having entrepreneurial mindsets who are enrolled in science, math, technology, and engineering courses. To learn more about this scholarship [Useful Link].
#2- Loran Scholarship Award of ($100,000)
This scholarship is offered by the Loran Scholars foundation in partnership with the Universities in Canada. The criteria for getting this scholarship are outstanding leadership and character qualities. The sum of $100,000 is offered to the recipients of these scholarships [Useful Link].
#3- University of Toronto International Scholar Award ($80,000 – $180,000)
The University of Toronto offers scholarships worth up to $100,000 to all merited international students. This scholarship covers a span of four years and requires certain conditions to be maintained [Useful Link].
Also Check: Monash University Research Scholarships in Australia – Apply Now
#4- Vanier Canada Graduate Scholarships ($50,000)
This scholarship is offered based on leadership potential, academic excellence, and research potential. The sum of $50,000 is offered to the recipients of this scholarship for three years of their PhD studies [Useful Link].
#5- The Banting Postdoctoral Fellowship ($70,000)
The Banting Post Doctoral Scholarship is a two-year, non-renewable scholarship available to Canadian and international students. The value of this scholarship is $70,000 and it is meant for postdoctoral students doing research in areas such as health, natural sciences, engineering, social sciences, and humanities [Useful Link].
#6- York University International Student Scholarships (Up to$180,000)
York University offers a wide range of scholarships for current students, as well as international students. The value of these scholarships’ ranges from $80,000 to $180,000. This is meant for students who are experiencing emergency financial problems and will not be able to pay their fees [Useful Link].
#7- WU International President’s Entrance Scholarship $50,000
The Western University International President Entrance Scholarship sounds like a fantastic opportunity for international students aiming to pursue their studies at Western University in Canada. With its substantial value of $50,000, it can significantly support the recipients in covering tuition fees and other expenses associated with their education. [Useful Link].
#8- The Calgary International Entrance Scholarship ($60,000)
The Calgary International Entrance Scholarship seems like another generous opportunity for students looking to pursue undergraduate studies in Canada [Useful Link].
#9- University of Toronto Lester B. Pearson Scholarships ($50,000+)
The Lester B. Pearson Scholarships are offered for undergraduate studies at the University of Toronto. It is a fully funded programme which pays well over $50,000 depending on programme of study and other considerations [Useful Link].
#10- Pierre Elliott Trudeau Foundation Scholarships ($60,000)
The Pierre Elliott Trudeau Foundation scholarship represents a distinctive opportunity for doctoral students with a passion for leadership and community engagement. [Useful Link].
Also Check: Canadian Universities Offering Fully-Funded Admission [without IELTS]
How to Get Highly Paid Scholarships in Canada
In applying for high-paying scholarships in Canada, this is not different. If you want to get the best results from your scholarship application, follow the below tips:
- Do research for the types of scholarships you want. In this case, the scholarships are already given to you in this article.
- Make sure you understand the eligibility criteria and the application requirements. Only apply for scholarships you are qualified for.
- Make sure your documents are complete.
- Apply early for every scholarship you qualify for.
Key Qualifications for Highly Paid Scholarships in Canada
Scholarships in Canada have different qualification considerations. Generally, however, there are three things considered by scholarship bodies before scholarships are awarded:
- Excellent academic records
- High level of Language proficiency
- Participation in social and extra-curricular activities
The above listed scholarships are offered by the Canadian government, some Canadian universities, non-profit organizations, and individuals.
