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Studying in Canada might not be expensive compared to your other go-to destinations to study abroad. However, it doesn’t come cheaply. For those looking for scholarships for masters in Canada, there are numerous scholarship opportunities available to fund your education. 

In this article, we have included several scholarship programs offered by the Canadian government, and various Canadian institutions, for master’s students. 

Eligibility Criteria for Masters in Canada

Scholarship requirements to study in Canada varies based on the course of study and institution. However, the general application requirements remain the same. 

Academic Requirements

Most universities in Canada require applicants to have at least 16 years of education including a four-year bachelor’s degree. 

However, there are exceptions to this. Some master’s degree programs like the ones offered at Carleton University and the University of Manitoba might accept a three-year bachelor’s degree from applicants from India, Australia, and the UK. 

Another academic requirement is a minimum GPA of 3.0 out of 4.0 (or its international equivalent; like a UK upper second class bachelor’s) for your undergraduate degree. 

Language Requirements

This applies to applicants who don’t have English as their first language. Applicants that fit into this category are required to submit proof of English Language proficiency (ELP)  – TOEFL and ILETS test results. 

The minimum ELP score required for a particular scholarship depends on your program of choice. Typical scores include 90+ for TOEFL and 6.5 – 7.0 for ILETS.

If you’re planning on applying for a master’s program taught in French, you will be required to clear the Test d’évaluation de français (TEF) or Diplôme d’études en langue française (DELF).

Some master’s degree programs like business, management, and finance require 1-3 years of professional experience in the respective fields.

List of Available Canadian Scholarships

Government-funded Scholarships 

Ontario Graduate Scholarship

The Ontario Graduate Scholarship (OGS) program is sponsored by the local government. Its sole aim is to encourage excellence in graduate studies at master’s and doctorate levels. 

This scholarship is merit-based, and awards are given to students in all fields of academic study. It is valued at $15,000 per year, and the scholarship can only be held for a minimum duration of two (2) consecutive terms. 

International students must be studying in Ontario and must possess a student study permit to be eligible for this scholarship.

Canada Graduate Scholarships – Master’s Program 

The Canadian Graduate Scholarship aims to train students with a high standard of achievement into highly qualified personnel with excellent research skills. This scholarship is targeted at students in their undergraduate and early graduate studies. 

Applicants for this scholarship must be citizens or permanent residents of Canada. They must be already enrolled in or applied for a master’s or doctorate program in a recognized Canadian institution.

The Canadian Graduate Scholarship for Master’s program helps up to 3,000 students every year. It provides support for high-caliber students engaged in eligible masters or doctorate programs in Canada. 

For more information, check their official website’s eligibility criteria for the CGS (M) program.. 

Vanier Canada Graduate Scholarship 

The Canadian government launched the Vanier Canada Graduate Scholarship (Vanier CGS) to enhance Canada’s ability to attract and retain world-class and well-qualified Ph. D. students, and to establish Canada as a global center of excellence in research and higher education. 

The scholarship is valued at $50,000 and lasts for a duration of three years. Over 167 students benefit from the scholarship yearly, and over 500 Ph. D. students with Vanier scholarship study in different institutions in Canada, at any time. 

Vanier scholarship is open to Canadian citizens, permanent residents of the country, and citizens from other countries

To be eligible for this scholarship, students must be enrolled for a doctorate degree in a Canadian institution and must have completed no more than twenty months of their degree program. Applicants must be nominated by only one Canadian institution to be considered. 

The eligibility criteria for this scholarship also put into consideration the student’s course of study and duration of the program. 

Banting Postdoctoral Fellowships 

The Banting Postdoctoral Fellowship is another scholarship program sponsored by the Canadian government. The aim of the scholarship is to attract and retain top-tier postdoctoral talent, both nationally and internationally. 

It aims at developing potential leaders who will positively contribute to the country’s social, economic, and research-based growth. 

This fellowship is valued at $70,000 annually and extends for a maximum of two years. It is awarded to over 70 applicants every year, with approximately 140 awards active at any time. 

The scholarship is open to Canadian citizens, permanent residents of Canada, and other countries. However, applicants who are non-residents of Canada can only be awarded the fellowship at a Canadian institution.

Applicants who are citizens or residents of Canada who obtained their PhD or PhD equivalent from a foreign university can only hold their Banting Postdoctoral fellowship at a Canadian institution while those who got their PhD from a Canadian institution can old their Fellowship at a foreign institution outside Canada. 

Organization of American States (OAS) Academic Scholarship Program

The Organization of American States (OAS) sponsors numerous scholarship programs for graduate students who are from any of the OAS member states. 

The scholarship award allows members of one OAS state to apply for scholarships to study in universities located in other OAS states. Canada encourages eligible students from these states to apply for these scholarships to experience Canada’s academic expertise. 

Applications for this scholarship are sent directly to the National Liason Agency designated or the OAS program in their country. 

To find more information on this scholarship, visit the official OAS website

University-funded Scholarship

 Carleton University Scholarship 2022

The Carlton Univesity offers scholarships to international, undergraduate, master’s, and Ph.D. students. The scholarship allows you to pick any program of your choice at the university.

Students admitted in the fall entry, with an admission average of 80% and better are automatically considered for the Entrance Scholarship. 

The university also has the Prestige Scholarship program. This is the highest scholarship program at Carleton University. It is designed for students entering the university directly from high school or CEGEP with an admission average of 90% or better. 

To find out more about the various scholarship programs offered by the various, visit their official website.  

University of Alberta Scholarships

The University of Alberta offers scholarships to students doing their graduate and postgraduate programs. The scholarship covers both academic and living expenses. Being a student of the university automatically qualifies you for this scholarship – uou do not have to go through a special application process. 

The university has a number of scholarships under its scholarship program. Scholarship eligibility, criteria for selection, and scholarship worth depend on the particular scholarship program you apply for. 

However, both Canadian citizens and international students are eligible to apply for this scholarship. 

Visit the university’s official website to find out more information about the scholarship. 

University of Saskatchewan Canada Scholarships

The University of Saskatchewan offers various scholarship programs for both undergraduate and graduate degrees.

These scholarships are awarded to students with good academic backgrounds and who show research promise. The awards have specific eligibility requirements. However, they all require the student to be registered for a full-time graduate program, with a minimum grade point average of 80%. 

One of the scholarships offered by this school is the Univesity of Saskatchewan Graduate Scholarship. This scholarship is open to students of select departments only, and is valued at $16,000 per year for a master’s program and $20,000 for a doctorate. The scholarship extends for two years and three years, for master’s and PhD respectively. 

Quest University Scholarships 

A few scholarship programs are awarded by Quest University to students who appear to be exceptional in their academics, and who possess the potential of making extraordinary contributions to the university. 

Students of the university can access the Entrance Awards application on their SqaureOne portal. However, they can only begin their application after they have applied for admission into the university – they do not need to be admitted to apply. 

One single application can access a student for awards, scholarships, and bursary funding.

One of the awards available in this scholarship program includes the David Strangway Award of Excellence which is valued at $ 84,000. 

The university also offers the Global Citizen Scholarship which is open to non-Canadian citizens and residents. This scholarship is valued at $15,000 and is for students who have achieved a high level of academic excellence. 

For more information on this scholarship program and its requirements, visit the school’s official website.

Simon Fraser University Financial Aid and Awards 

Simon Fraser University offers a range of scholarships and other funding opportunities for domestic and international students. The scholarship is designed for students currently studying or planning to study at the university. 

One scholarship award open to graduate students in this university is the Indigenous Community Engagement Award open to graduate and undergraduate students. 

Students applying for this scholarship must have a minimum of 3.0 CGPA, and must be enrolled as full-time graduates during the term of application. 


There are many opportunities for scholarships for masters in Canada. These opportunities depend solely on factors like your location, your institution of choice, your choice of study, and the type of master’s program offered in your institution (study program or research program)

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