Are you an academically brilliant student possessing several qualities to become an overachieving scholar? There are rewards in store for you, based on merit, to help you achieve your dream education qualification.
Schools, organizations, and companies are known to award scholarships to students who excel in academics or possess a special talent for sports and athletics. But there are other entities as well that fund education of meritorious students through scholarships.
While Canada Student Grants and Loans aim to primarily help students that require monetary assistance to pay for post-secondary education, it doesn’t allocate financial aid based on a student’s merit. On the other hand, Federal Student Scholarships recognize talent and offer financial aid to students with extraordinary academic prowess.
Apart from grants and loans, the federal government along with other organizations allocates merit-based scholarships for students who excel in various fields of education. The funds awarded through Federal Student Scholarships are used to fuel the higher education aspirations of students of outstanding caliber. Unlike loans, federal scholarships do not need to be repaid to the federal government.
Based on the level and scope of college degrees, there are four major kinds of federal student scholarships:
Federal Student Scholarships for Undergraduate Students: These scholarships are offered to meritorious students enrolled in undergraduate programs, also known as Bachelor’s degree programs. Here are some popular scholarships for undergraduate students:
Federal Student Scholarships for Graduate Students: This type of scholarship allocates federal scholarship funds for students pursuing Master’s degrees from Canadian universities or colleges. Canada Graduate Scholarships – Master’s Program is one of the major providers of Federal Student Scholarships for Graduate Students.
Federal Student Scholarships for Doctoral Students: Focused on helping brilliant minds pursuing doctoral studies, this type of scholarship offers financial help to meritorious doctoral students all across Canada. Some of the popular scholarship programs for doctoral students include:
Federal Student Scholarships for International Students: Unlike other types of federal student scholarships that focus solely on Canadian students and programs at Canadian universities, this scholarship is for high-achieving international students seeking to study in Canada. Some programs even offer scholarships to Canadian students looking to study abroad.
So you don’t qualify for any of the Federal Student Scholarship programs? Fortunately, there are plenty of other federal student aid schemes other than the highly-competitive scholarship program. Check out Federal Student Loans, Federal Student Grants, and Federal Student Bursaries to know more about your funding options.