Masters Degree Scholarship in Canada 2025

Canada is one of the most sought-after destinations for higher education, offering world-class universities, diverse cultures, and numerous opportunities for international students. However, the cost of studying for a master’s degree in Canada can be a significant hurdle for many. Scholarships can help alleviate these financial burdens and make this dream a reality.

This guide provides everything you need to know about master’s degree scholarships in Canada, from the types of scholarships available to the application process and trusted resources with application links.

Why Pursue a Master’s Degree in Canada?

1. Globally Recognized Education

Canadian universities are known for their high academic standards and globally recognized degrees.

2. Research Opportunities

Canada is a hub for innovation and research, offering state-of-the-art facilities and funding opportunities for graduate students.

3. Post-Graduation Work Opportunities

International students can take advantage of the Post-Graduation Work Permit (PGWP) to gain work experience in Canada after completing their degree.

4. Multicultural Environment

Studying in Canada provides exposure to a rich multicultural society, enhancing personal and professional growth.

Types of Master’s Degree Scholarships in Canada

1. Merit-Based Scholarships

Awarded to students with outstanding academic records, leadership skills, or exceptional talents.

2. Need-Based Scholarships

Designed to assist students facing financial difficulties.

3. University-Specific Scholarships

Offered directly by Canadian universities to attract high-caliber students.

4. Government-Funded Scholarships

Funded by the Canadian government to promote education and research.

5. Field-Specific Scholarships

Targeted at students pursuing degrees in specific fields like engineering, healthcare, or technology.

6. International Scholarships

Exclusive opportunities for non-Canadian citizens to study in Canada.

Top Master’s Degree Scholarships in Canada

1. Vanier Canada Graduate Scholarships

One of the most prestigious scholarships in Canada, the Vanier CGS supports top-tier students pursuing master’s or doctoral studies.

• Value: CAD 50,000 per year for up to three years
• Eligibility: Academic excellence, research potential, and leadership skills.
• Application Process: Nominated by the institution where you plan to study.

2. Ontario Graduate Scholarship (OGS)

This program supports master’s and doctoral students studying in Ontario universities.

• Value: CAD 10,000–15,000 per year
• Eligibility: Enrolled full-time in a graduate program at an Ontario university.
• Application Process: Apply through your university.

3. University of Toronto Scholarships

The University of Toronto offers a wide range of scholarships for graduate students, including the Master’s Student Award.

• Value: Varies by program
• Eligibility: Based on academic merit and financial need.
• Application Process: Automatic consideration upon admission.
• Application Link: Explore UofT Scholarships

4. Trudeau Foundation Scholarships

Designed for students pursuing research in social sciences and humanities, this scholarship offers generous funding and leadership training.

• Value: Up to CAD 40,000 per year
• Eligibility: Demonstrated academic excellence and leadership potential.
• Application Process: Apply through your university.
• Application Link: Apply for Trudeau Scholarships

5. UBC Graduate Scholarships

The University of British Columbia offers several scholarships, including the Graduate Global Leadership Fellowship for international students.

• Value: CAD 18,200 per year, plus tuition
• Eligibility: Students from developing countries with leadership potential.
• Application Process: Apply through UBC’s graduate studies portal.

6. Quebec Merit Scholarship Program

This program supports international students studying at master’s and doctoral levels in Quebec universities.

• Value: CAD 25,000 per year
• Eligibility: Academic excellence and full-time enrollment in a Quebec university.
• Application Process: Apply through the Quebec Research Fund.

7. University of Alberta Scholarships

The University of Alberta offers multiple scholarships for master’s students, including entrance awards and research-based scholarships.

• Value: CAD 17,500 per year
• Eligibility: Academic excellence and research potential.
• Application Process: Apply through the university’s application portal.
• Application Link: Explore UofA Scholarships

8. The Mastercard Foundation Scholars Program

Focused on empowering students from Sub-Saharan Africa, this program provides fully funded scholarships for master’s studies in Canada.

• Value: Fully funded
• Eligibility: Sub-Saharan African students committed to community development.
• Application Process: Apply through a partner institution.
• Application Link: Learn More About Mastercard Scholars

9. Banting Postdoctoral Fellowships

Although primarily for postdoctoral students, this fellowship also supports advanced master’s-level research projects.

• Value: CAD 70,000 per year
• Eligibility: Demonstrated research excellence and leadership skills.
• Application Process: Submit an application through a host institution.

10. Canada Graduate Scholarships – Master’s Program (CGS-M)

Funded by the Canadian government, CGS-M supports master’s students in research-based programs.

• Value: CAD 17,500 for one year
• Eligibility: High academic achievement and enrollment in a full-time master’s program.
• Application Process: Apply through the Research Portal.

How to Apply for Master’s Degree Scholarships in Canada

Step 1: Research Scholarship Opportunities

• Use platforms like ScholarshipsCanada, EduCanada, and university websites to find scholarships that suit your needs.

Step 2: Prepare Required Documents

Most scholarship applications require:

• Academic transcripts
• Statement of purpose
• Letters of recommendation
• Proof of English proficiency (TOEFL/IELTS)

Step 3: Tailor Your Application

• Highlight your academic achievements, research goals, and leadership potential in your essays or personal statements.

Step 4: Submit Applications

• Follow the application instructions carefully and submit all documents by the specified deadline.

Step 5: Track Your Application

• Keep an eye on your email or scholarship portal for updates on your application status.

Tips for Winning a Scholarship in Canada

1. Start Early: Begin your scholarship search and application process at least a year in advance.
2. Write a Compelling Essay: Use your statement to demonstrate your passion and alignment with the scholarship’s goals.
3. Request Strong Recommendations: Seek letters from professors or mentors who can vouch for your abilities.
4. Apply for Multiple Scholarships: Increase your chances by applying for several opportunities.
5. Follow Instructions: Ensure your application is complete and submitted on time.