UofA Financial Aid
Stephanie Pugh - July 29th, 2022
The University of Alberta offers a variety of financial aid options to help students meet the cost of their education. Scholarships, bursaries, and awards are available to eligible students, and funding can also be accessed through work-study programs and government loan resources! With a little research and planning, you can ensure that you have the resources you need to finance your education and reach your academic goals. Want to know the run-down of the UofA financial aid services? We’ll tell you what to expect.
Financial-Need Based Assitance at UofA
The University of Alberta provides more than $34 million in undergraduate scholarships, awards, and financial aid each year to students of all backgrounds, whether they are high achievers in the classroom, active members of the community, or well-rounded students.
The Office of the Registrar administers need-based financial aid programs, including grants, loans, and work-study programs. Scholarships and bursaries are also available to help cover the cost of tuition. In addition, the University offers a variety of payment options to make tuition more affordable. For example, students can choose to pay their tuition in installments or take advantage of interest-free lines of credit. The University also offers a number of resources to help students understand and manage their finances. These include budgeting workshops, financial counselling, and online resources. By taking advantage of these services, students can ensure that they have the financial resources they need to succeed at the University of Alberta.
UofA Entrance Awards
An entrance scholarship is awarded to 1 in 5 first-year students at UofA! For entrance awards, there are opportunities for application-based and admissions-based scholarships. These awards are based on academic merit and are intended to encourage and recognize academic excellence; the awards are open to any student who meets the eligibility criteria.
Some of the admission-based awards are:
THE GOLD STANDARD SCHOLARSHIP
- The top 5% of students in each faculty receive up to $6,000 depending on their admission average.
THE INDIGENOUS ENTRANCE SCHOLARSHIP
- Self-declaring First Nations, Métis, or Inuit applicants with an admission average of 80%+ may receive $1,500.
The NATIONAL ACHIEVEMENT SCHOLARSHIP
- The top incoming out-of-province Canadian students will receive $30,000 (payable over four years)!
Entrance awards are just one way that the University of Alberta supports and encourages academic excellence among its students.
For more information on the financial aid services and to see all of the entrance awards (admission-based and application-based) at UofA, check out their website here!
Need More Financial Support?
Countless students have benefited from GrantMe’s financial assistance in the form of scholarships, allowing them to attend their first-choice schools. If you’d like to know more about how GrantMe can support your goal of getting into UofA, start by taking our quiz to see if you qualify!
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