Waterloo Financial Aid
Stephanie Pugh - July 17th, 2022
The University of Waterloo offers one of the most generous financial aid programs in Canada. The university is committed to ensuring that Waterloo is affordable for all students, regardless of their financial circumstances. The university offers a variety of need-based scholarships, bursaries, and awards to help students pay for their education.
Looking to learn more about the Waterloo financial aid services available to you? Keep reading to find out more!
Financial-Need Based Assitance at U of Waterloo
The Waterloo financial aid program is needs-based. This means that they take into account your family’s individual financial situation when determining how much aid you’ll receive. They consider factors such as:
- your parents’ income,
- the number of people in your family,
- and whether or not you have any siblings attending university.
In order to be eligible for Waterloo’s financial aid program, and bursaries, you must first complete a needs assessment form.
Once the university has determined your need, they’ll work with you to put together a financial aid package that meets your unique circumstances. The university’s goal is to make its education affordable for everyone. The school works with the government to provide need-based grants and loans (like OSAP) to help cover the cost of Waterloo tuition, books, and living expenses.
Waterloo wants to ensure that you have access to the same opportunities as other students, regardless of your background or economic situation!
U of Waterloo Admission Awards
The University of Waterloo offers a variety of admission awards to students based on academic achievement, leadership, and community involvement. These awards range from small scholarships to full-tuition scholarship packages, and they can be used to offset the cost of tuition, books, and other expenses related to attending university. To be eligible for an admission award, students must first apply to the University of Waterloo and then, depending on the type of admission award:
- The scholarship can be automatically granted with your application based on your GPA and admission to the university.
- you’ll have to submit a separate application for the award, which will then need to be approved for selection by Waterloo.
Award applications are reviewed by a committee of faculty and staff, who will select the recipients based on the criteria set forth by the University.
For more information on admission awards, please visit the University of Waterloo SAFA webpage.
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 the U of Waterloo, start by taking our quiz to see if you qualify!
Start Winning Scholarships Today
Queen's offers several Entrance Awards to exceptional students entering their first year of…Read Article >
York University is widely regarded as one of the best schools in the…Read Article >
The University of Victoria is one of Canada's leading research-intensive universities. Located on…Read Article >
The University of Guelph's software engineering program is designed to provide students with…Read Article >
The University of Calgary offers a world-class education in software engineering. Students in…Read Article >
Written by Stephanie Pugh and Matthew Tran At the University of Saskatchewan, Health…Read Article >
Written by Stephanie Pugh and Matthew Tran The School of Rehabilitation Science at…Read Article >
Written by Stephanie Pugh and Matthew Tran Everything we do involves data and…Read Article >
Written by Stephanie Pugh and Matthew Tran Universities provide educational programs and services…Read Article >
Written by Stephanie Pugh and Matthew Tran At Toronto Metropolitan University Business Management,…Read Article >
Written by Akim Hermoso and Matthew Tran Studying at Toronto Metropolitan University’s Faculty…Read Article >
Written by Akim Hermoso and Matthew Tran Toronto Metropolitan University’s Aerospace Engineering program…Read Article >
Written by Stephanie Pugh and Matthew Tran Is the Engineering program at Waterloo…Read Article >
Written by Stephanie Pugh and Matthew Tran Rotman Commerce is looking for exceptional…Read Article >
Written by Aly Tagamolila and Matthew Tran The McMaster Health Sciences Supplementary Application…Read Article >
Written by Stephanie Pugh and Matthew Tran Do you want to learn how…Read Article >
There are several factors to consider when choosing the best Canadian university for…Read Article >