Canada is a top destination for international students seeking quality education, cultural diversity, and a welcoming environment. However, studying abroad can be expensive, and international students often face financial challenges. Fortunately, there are various scholarship opportunities available for international students in Canada. These scholarships provide financial assistance, enabling international students to achieve their academic goals and dreams.
In this article, we will provide you with a comprehensive guide to the best scholarships for international students in Canada. We will discuss the different types of scholarships available, their eligibility requirements, and their application processes.
Types of Scholarships
There are several types of scholarships available for international students in Canada. Some of the most common scholarships include:
- Merit-based scholarships: These scholarships are awarded based on academic excellence, extracurricular activities, and community involvement.
- Need-based scholarships: These scholarships are awarded based on financial need. Applicants must demonstrate financial need through supporting documentation, such as bank statements and income tax returns.
- Country-specific scholarships: These scholarships are available for students from specific countries or regions.
- Subject-specific scholarships: These scholarships are available for students pursuing a specific course of study.
Each scholarship has its own eligibility requirements, which vary depending on the scholarship provider. Generally, applicants must meet the following criteria:
- Be enrolled or accepted into a Canadian university or college
- Be an international student
- Meet the minimum academic requirements
- Demonstrate financial need (for need-based scholarships)
The application process for scholarships in Canada can be quite competitive, and it is essential to apply early and meet all the requirements. Some scholarships require applicants to submit their applications directly to the scholarship provider, while others require students to apply through their university or college.
When applying for scholarships, students should:
- Carefully read the eligibility requirements and ensure they meet all the criteria
- Gather all the necessary supporting documents, such as academic transcripts, letters of recommendation, and essays
- Submit their application before the deadline
What are some of the scholarships, grants and student loans for international students in Canada?
Some of the loans, grants, financial aid, and scholarships for international students include:
Acsenda offers a payment plan option for students who prefer to pay their fees in gradual installments throughout the term. Students can apply for the payment plan in accordance with their respective schedules.
The Canadian government has imposed a mandatory quarantine or isolation in a government-authorized hotel for three days while the person awaits the COVID-19 results, although it excludes any person that is already vaccinated with the eligible two doses of the accepted vaccines. In order to shoulder some of the burdens, Acsenda offers a grant that covers the transportation costs from the airport and the hotel that the student is staying at during this period.
Covid-19 Quarantine grant
As mentioned before, due to the new regulations of the Canadian government. Any person that enters the country and is not fully vaccinated with the accepted vaccines must isolate in a government-authorized hotel for three days at the person’s own cost, which is typically around $2000. For that reason, Acsenda supports students with a grant of up to $1500 (CDN) to help with the additional accommodation costs.
Acsenda accepts student loans provided through the StudentAidBC where the purpose is to help students with the cost of post-secondary education through different alternatives and programs.
In a digital learning environment, a laptop is incredibly necessary for students. As a result, Acsenda offers a laptop purchase grant of up to $600 (CDN).
In addition to these Acsenda-specific forms of financial aid, there is a wide range of different options when it comes to scholarships. These include:
ScholarshipsCanada is a free platform that helps students acquire funding. Once they create an account, scholarships that are relevant to the students appear on the page.
The Canadian government website offers undergraduate, graduate, doctoral and post-doctoral scholarships. It also has awards and bursaries from different fields of study and contributors.
Student Awards is a free platform that sends new scholarship opportunities directly to your inbox. It also includes scholarships provided by different companies.
Scholarships are an excellent way for international students to finance their education in Canada. Furthermore, with a wide range of scholarship options available, international students can achieve their academic goals and contribute to their respective fields. Also, for more information regarding scholarships, grants or student loans please visit the Payment Methods and Financial Aid section on the Acsenda website.