Studying Abroad especially in Canada is a dream come true for many international students. But then there is often the barrier of tuition fees, accommodation fees, and other expenses that come with studying here in Canada.
If you are wondering how best to take care of your fees and other expenses, then applying for a scholarship can help you take care of your finances.
There is also an option of working while studying in Canada, but then you have to find a way to start balancing work with your studies which can be confusing some times.
Some of the Canadian scholarships often take care of your fees and also pay you some money for other expenses. Many of the scholarships are awarded to students with outstanding academic performances, work experiences and some to recognize volunteers.
There are so many Universities, companies, businesses and firms offering scholarships to both Canadians and international students.
if you want to study in Canada, there are a variety of available scholarships in Canada that you can apply for, whether partially-funded or fully-funded scholarships.
Canada accepts thousands of international students every year on scholarship. The figure rising each year, and by the year 2020, it is expected a move up from 350,000 to 500,000 students.
Types Of Scholarships In Canada
This is the first and probably the most popular one. Offered mostly by the universities in Canada to both international and local students in Canada.
These types of scholarships are mostly offered based on the financial need of the students. Mainly for residents in the US, but most times, some of the universities offers to give out needs-based scholarships to foreigners.
This type of scholarship is awarded to students for their academic performance and achievements.
This type of scholarship is mostly for international students in developing countries and international students from developed countries can also apply.
Offers options for international students from a small one-off payment which they can use to take care of tuition fees and most times offer enough to take care of other costs pertaining to school.
Privately Funded Scholarship
These types of scholarships are often granted by private businesses or donors, fully or partially funded to accommodate international students from developing countries.
Just like private scholarships, the government funds some scholarship programs to bring students to Canada.