Scholarships can be a life-changing way to finance your post-secondary education. There are thousands of scholarships out there for students. However, if you win big enough you may only need one! Here are the top 5 major scholarships in Canada.

1. Loran Award

The Loran Award is one of the largest scholarships in Canada! Coming in at a whopping $100,000 over four years, this scholarship practically ensures a debt-free education. Not only does the Loran Scholars Foundation pay for tuition, but they also provide summer internships, a mentorship program, and an extensive network of leaders.

Every year, 36 students across Canada are chosen to receive this prestigious award. These scholars have integrity, courage, compassion, determination and a high level of personal autonomy demonstrated through their community service. 

Students planning to attend one of their 25 partner universities and pursuing any program of study are welcome to apply. Although it’s competitive, their rigorous interview process is designed to get to know the real you beyond your resume.

2. Schulich Leader Scholarships

Schulich offers the most scholarships by far on this list. Each year, 100 students across Canada pursuing studies in Science, Technology, Engineering, and Mathematics (STEM) are awarded funds. Engineering students can win $100,000, while students pursuing science, tech, or math degrees can receive $80,000. If you have a vision for the future of STEM and demonstrated passion, this is the award for you!

3. TD Scholarship for Community Leadership

The TD Scholarship recognizes 20 students across Canada who demonstrate consistent and outstanding dedication to solving a community problem or making their community a better place. Valued at up to $70,000, the TD Scholarship funds tuition and living expenses for four years. Winners also receive summer employment opportunities, mentorship, and networking opportunities. Unlike other major scholarships in Canada, this award is open to students pursuing any degree!

4. Terry Fox Humanitarian Award

Terry Fox is an icon of courage and resilience in Canada. In honour of his dedication, this scholarship recognizes students who overcame adversity to make a difference in their communities. Approximately 22 students receive this prestigious award each year. In addition to the honour of the title, the scholarship provides students $28,000 over four years to cover tuition expenses.

5. STEAM Horizons

If you’re pursuing studies in Science, Technology, Engineering, Art/Design, or Mathematics (STEAM), here’s another opportunity for you! STEAM Horizons looks for students who demonstrate innovation, ambition, and determination. If you’ve won a science fair, created an app, founded a coding club, or more, you’re a great candidate! Five students across Canada will receive $25,000 to help them pursue an undergraduate degree. 

Bonus — Your Post-Secondary Institution!

Another source of major scholarships in Canada is post-secondary institutions! Many colleges and universities offer significant entrance awards for students. Take the UBC Centennial Scholars Award for example, which provides an incoming high school student with $80,000 to fund their education at the University of British Columbia. Look at the websites of the universities you’re interested in to find more information about the major scholarships they offer.

These are the top five major scholarships in Canada that will help you graduate debt-free. However, thousands of students across Canada apply for these scholarships each year. GrantMe can help you stand out and have the best chance for success. We provide personalized scholarship matches, essay editing, and mentorship from past winners to maximize your scholarship success.

Your first step to fund your future is to take our program assessment quiz. This is a great way to evaluate if our program is right for you, and how we can help you on your journey to graduate debt-free.