Graduate
Fund Your Degree
Student line of credit of up to $50,000
The BMO Professionals Program aims to assist MBA students with
tuition, books and personal living expenses, as well as meeting everyday
banking needs while enrolled in the program. You can qualify for up to
$50,000 (upon meeting the Bank's usual credit criteria) at a highly
competitive interest rate of prime plus 1%.
Download more information on BMO’s Professionals Program. BMO also offers free banking as part of the SFU MBA banking package.
For more information and to apply please contact tiffany.tam@bmo.com or visit our website regarding professional lines of credit.
Lifelong Learning Plan RRSP transfer
The Canada Revenue Agency (CRA) allows withdrawals from a Registered
Retirement Savings Plan (RRSP) to finance training or education. To
learn more about this option, obtain the Lifelong Learning Plan (LLP)
guide from CRA or visit www.ccra.gc.ca.
Employer support
Many students are financially sponsored, in full or in part, by their
employers so we encourage you to review how your company will benefit
from your knowledge and skills gained in the program. We provide a brief overview of the benefits and necessities for employer support; reach out to us if
you would like assistance in putting together a case for sponsorship.
Scholarships
Qualifying students may be eligible for university-wide graduate scholarships. Visit the Graduate Awards Database
for a complete listing and terms of reference. Please note that there
is no need to apply for individual scholarships as ALL admitted students
are automatically considered for all available scholarships. If you
receive an offer of admission into the program you will be notified if
you have been awarded a scholarship at the same time. Decisions are made
by the Admissions Committee on a holistic basis taking into account the
overall strength of your application in conjunction with scholarship
eligibility criteria.
Financial Aid
Need-based funding, in the form of bursaries, is available from the university for students with demonstrated financial need. Government-issued student financial assistance for Canadian and U.S. students is also available for some SFU graduate programs. Learn more about eligibility criteria for various funding opportunities, what programs may be excluded from government-issued student financial assistance, and whom to contact if you have any further questions.
International Students
International students should arrange for financial assistance through institutions in their home country before coming to Canada, as they are not eligible to apply for the Federal and Provincial Student Loan Programs or loans through Canadian financial institutions. International students are eligible for all available scholarships offered by SFU Beedie School of Business. Scholarship eligibility will be assessed at the time their application is reviewed, so there is no need to submit a separate application. Visit the Graduate Awards Database for a complete listing and terms of reference.
In addition, a number of external organizations also offer scholarships and loans to international students to study in Canada, so we encourage international students to research all options that may be available to them. Although the list is not exhaustive, we have compiled some examples below. SFU Beedie School of Business does not guarantee, co-sign, or endorse any of these specific programs of funding.
Please note that SFU Beedie does not guarantee, co-sign, or endorse any of these specific programs of funding.
If you’ve been successful in taking out an educational loan with, or receiving a scholarship from any other organization or financial institution, please let your department know so we can update this list for future students.
Scholarships
$10,000 USD
This scholarship is designed to identify applicants who demonstrate an exceptionally strong level of leadership and innovative thinking. It is exclusively for attendees of the QS World MBA Tour, QS World Executive MBA Tour, QS TopMBA Connect 1-2-1 or the QS World Grad School Tour, who have visited one of the above mentioned QS Fairs in the last 12 months and completed the MBA Applicant Survey. An essay is required for the application.
$2,000 USD
These scholarships are designed to identify applicants who demonstrate exceptional levels of socially-responsible leadership and an ability to motivate others. It is exclusively for attendees of the QS World MBA Tour, QS World Executive MBA Tour, QS TopMBA Connect 1-2-1 or the QS World Grad School Tour, who have visited one of the above mentioned QS Fairs in the last 12 months and completed the MBA Applicant Survey. An essay is required for the application.
PEO International Peace Scholarships for Women
MAXIMUM OF $12,500 FOR ONE YEAR OF STUDY
The International Peace Scholarship Fund is a program which provides scholarships for selected women from other countries for graduate study in the United States and Canada
Scholarships for Development - FINCAD Women in Finance Scholarship
$10,000 USD
FINCAD established the annual FINCAD Women in Finance Scholarship to encourage and support outstanding women in the field of finance to pursue graduate-level studies. The scholarship is open to women of any age and citizenship who are studying Finance in a graduate-level program.
Traditional Fulbright Canada Student Awards
$15,000 USD
Traditional Fulbright Canada Student awards are intended for American citizens who are graduate students, prospective graduate students, or promising young professionals who wish to study and/or conduct research in Canada. All grantees must have an approved affiliation with an appropriate host (i.e., a university or other research-oriented institution) in Canada and are responsible for securing such affiliation and documenting it in the application. Applicants are encouraged to establish an affiliation with the intended host institution at an early stage.
Margaret McNamara Education Grants
UP TO $15,000 USD
MMEG awards education grants on a competitive basis to exceptional women from developing countries who are enrolled as full-time students for the following academic term in accredited universities in the United States and Canada, have demonstrated financial need, and are committed to working for the well-being of women and children. Applicants are screened by an all-volunteer, independent selection committee, and grants are awarded by the Board of Directors by April every year. Must already be enrolled and hold a visa for the program of study
50% LOAN, 50% SCHOLARSHIP
The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies to outstanding students from select developing countries who have no other means of financing their studies, in order to develop effective scholars and leaders and to prepare them for employment, primarily within the AKDN. Scholarships are awarded on a 50% grant: 50% loan basis through a competitive application process once a year in June or July. The main criteria for selecting award winners are: l) consistently excellent academic records, 2) genuine financial need, 3) admission to a highly reputable university or programme of study and 4) relevance of the field of study to AKDN’s focus areas
Leverhulme Trust Study Abroad Scholarships
BASIC ANNUAL MAINTENANCE ALLOWANCE OF 21,000 POUNDS, RETURN AIRFARE
Offering maintenance and research expenses to allow applicants to spend a period of 12 to 24 months on advanced study or research at a centre of learning in any overseas country (excluding the USA). Non-UK residents are not eligible. Applicants must have been a resident in the UK for at least five years, hold an undergraduate degree from a UK institution, and be a student at the time of application.
The BUNAC Educational Scholarship Trust
VARIOUS
The BEST (BUNAC Educational Scholarship Trust) scholarships offer financial assistance to eligible applicants who are looking to undertake postgraduate study in the USA or Canada. They are funded by the BEST Scholarship Trust which is an independent trust administered by BUNAC on behalf of the BEST trustees. Candidates must be UK passport holders, be current or have been engage in full-time tertiary education in the UK, and have already applied for but not yet started post-graduate course in the US or Canada.
ALLOWANCE OF $1,100 CAD PER MONTH FOR 11 MONTHS, AIRFARE, APPROVED TUITION FEES, AND A GRANT OF $1,100 CAD TOWARDS BOOKS AND OTHER INCIDENTALS.
Full scholarships are available to British students applying for any year-long postgraduate course with an accredited Canadian further education provider. The Awards, tenable for one year only, will cover airfares, fees, maintenance, accommodations and other allowances. Candidates should be United Kingdom citizens, resident within the United Kingdom. They should hold, or expect to hold, a first or upper second-class Honours degree. In addition, they should be able to show convincing reasons why they wish to study in Canada. Successful candidates will be able to demonstrate leadership and ambassadorial qualities as well as strong academic credentials.
$70,000 AUD PER YEAR
John Monash Scholarships recognise excellence and leadership, and celebrate one of Australia’s finest leaders: General Sir John Monash. Scholarships are awarded annually to outstanding Australian graduates to support them with post-graduate study at the world’s best universities. Successful applicants have demonstrated excellence in their field, leadership potential, and a vision for how they can contribute to a better Australia. The John Monash Scholarships are not limited by age, gender, academic field of study or choice of overseas university.
Loans
UP TO $25,000 US PER YEAR FOR A MAXIMUM OF 2 YEARS
Colfuturo is a Colombian loan/scholarship program. The main objective of this program is to provide financial support and increase opportunities for Colombian citizens to access high-quality postgraduate study programs abroad. Selection is based on a student’s academics, quality of study program, and comparison amongst all applicants. Students may be awarded scholarships for 25% of the loaned amount, provided they accomplish these three requirements: (1) be awarded their postgraduate degree, (2) return to Colombia, and (3) remain in the country for three to five years.
As of 2018, the SFU Beedie School of Business's Full-Time MBA program and Colfuturo have a Collaborative Agreement, which increases the financial support available to Colombian citizens. Two Colombian students who are admitted into the Full-Time MBA program, and are also beneficiaries of the Colfuturo loan/scholarship program, will be eligible for an additional entrance scholarship, equivalent to 25% of tuition.
If you have any questions regarding the Colfuturo Collaborative Agreement, please contact Rima Vasudevan at rima_vasudevan@sfu.ca.
UP TO $25,000 US
Icetex provides student loans for Colombian professionals studying PhD or Masters programs abroad.
Fund for Development of Human Resources
$200,000 MXN
This is a federal trust managed through Central Bank of Mexico to help finance Mexican graduate students either in Mexico or abroad. Recipients must be Mexican citizen, hold a Bachelor's degree, have a TOEFL score of 79-80 or IELTS of 6.0, and the support of a co-signer.
UP TO THE TOTAL COST OF EDUCATION, AS DETERMINED BY SFU, MINUS ANY OTHER AID RECEIVED.
Student loans for US international students. Simon Fraser University in Canada is approved for the foreign-enrolled loan. Most students will require a co-signer.
$2,000 USD
These scholarships are designed to identify applicants who demonstrate exceptional levels of socially-responsible leadership and an ability to motivate others. It is exclusively for attendees of the QS World MBA Tour, QS World Executive MBA Tour, QS TopMBA Connect 1-2-1 or the QS World Grad School Tour, who have visited one of the above mentioned QS Fairs in the last 12 months and completed the MBA Applicant Survey. An essay is required for the application.
PEO International Peace Scholarships for Women
MAXIMUM OF $12,500 FOR ONE YEAR OF STUDY
The International Peace Scholarship Fund is a program which provides scholarships for selected women from other countries for graduate study in the United States and Canada
Scholarships for Development - FINCAD Women in Finance Scholarship
$10,000 USD
FINCAD established the annual FINCAD Women in Finance Scholarship to encourage and support outstanding women in the field of finance to pursue graduate-level studies. The scholarship is open to women of any age and citizenship who are studying Finance in a graduate-level program.
Traditional Fulbright Canada Student Awards
$15,000 USD
Traditional Fulbright Canada Student awards are intended for American citizens who are graduate students, prospective graduate students, or promising young professionals who wish to study and/or conduct research in Canada. All grantees must have an approved affiliation with an appropriate host (i.e., a university or other research-oriented institution) in Canada and are responsible for securing such affiliation and documenting it in the application. Applicants are encouraged to establish an affiliation with the intended host institution at an early stage.
Margaret McNamara Education Grants
UP TO $15,000 USD
MMEG awards education grants on a competitive basis to exceptional women from developing countries who are enrolled as full-time students for the following academic term in accredited universities in the United States and Canada, have demonstrated financial need, and are committed to working for the well-being of women and children. Applicants are screened by an all-volunteer, independent selection committee, and grants are awarded by the Board of Directors by April every year. Must already be enrolled and hold a visa for the program of study
50% LOAN, 50% SCHOLARSHIP
The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies to outstanding students from select developing countries who have no other means of financing their studies, in order to develop effective scholars and leaders and to prepare them for employment, primarily within the AKDN. Scholarships are awarded on a 50% grant: 50% loan basis through a competitive application process once a year in June or July. The main criteria for selecting award winners are: l) consistently excellent academic records, 2) genuine financial need, 3) admission to a highly reputable university or programme of study and 4) relevance of the field of study to AKDN’s focus areas
Leverhulme Trust Study Abroad Scholarships
BASIC ANNUAL MAINTENANCE ALLOWANCE OF 21,000 POUNDS, RETURN AIRFARE
Offering maintenance and research expenses to allow applicants to spend a period of 12 to 24 months on advanced study or research at a centre of learning in any overseas country (excluding the USA). Non-UK residents are not eligible. Applicants must have been a resident in the UK for at least five years, hold an undergraduate degree from a UK institution, and be a student at the time of application.
The BUNAC Educational Scholarship Trust
VARIOUS
The BEST (BUNAC Educational Scholarship Trust) scholarships offer financial assistance to eligible applicants who are looking to undertake postgraduate study in the USA or Canada. They are funded by the BEST Scholarship Trust which is an independent trust administered by BUNAC on behalf of the BEST trustees. Candidates must be UK passport holders, be current or have been engage in full-time tertiary education in the UK, and have already applied for but not yet started post-graduate course in the US or Canada.
ALLOWANCE OF $1,100 CAD PER MONTH FOR 11 MONTHS, AIRFARE, APPROVED TUITION FEES, AND A GRANT OF $1,100 CAD TOWARDS BOOKS AND OTHER INCIDENTALS.
Full scholarships are available to British students applying for any year-long postgraduate course with an accredited Canadian further education provider. The Awards, tenable for one year only, will cover airfares, fees, maintenance, accommodations and other allowances. Candidates should be United Kingdom citizens, resident within the United Kingdom. They should hold, or expect to hold, a first or upper second-class Honours degree. In addition, they should be able to show convincing reasons why they wish to study in Canada. Successful candidates will be able to demonstrate leadership and ambassadorial qualities as well as strong academic credentials.
$70,000 AUD PER YEAR
John Monash Scholarships recognise excellence and leadership, and celebrate one of Australia’s finest leaders: General Sir John Monash. Scholarships are awarded annually to outstanding Australian graduates to support them with post-graduate study at the world’s best universities. Successful applicants have demonstrated excellence in their field, leadership potential, and a vision for how they can contribute to a better Australia. The John Monash Scholarships are not limited by age, gender, academic field of study or choice of overseas university.
