Embrace Flexibility
Scholarships and Financial support
The SFU Beedie MBA is an investment in your future and we want to help you finance your degree to achieve your dreams and goals. We are proud to provide a variety of avenues for students to access the funding they need to successfully complete their program. Whether you are an international or domestic student, there are internal and external scholarships and funding options available to you.
All Students
Scholarships
At the Segal Graduate School, we pride ourselves on our ability to provide, on average, 51% of our cohorts with a scholarship to finance their degree. Students who obtain scholarships typically have 25% to 75% of their tuition costs covered. Through our funding options, we assist in eliminating barriers for brilliant students from all socio-economic backgrounds to access higher education.
Our scholarships are awarded as part and parcel of the admissions application process. We assess our candidates based on their work experience, academic prowess, community engagement and their alignment with our SFU Beedie values (diversity, action, research and engagement with purpose).
All applications are considered for scholarships
At the time of submitting your program application, we will also review your application to determine scholarship eligibility and award amounts - no separate application needed.
Bursaries
Bursaries are a supplemental source of funding for students with demonstrated financial need; that is, they should not be treated as your primary source of funding. Bursaries are available to qualifying Canadian and international students. You should be aware that you may not be awarded a bursary every term. Please note that due to the high volume of applications received each term, payment of funds may not occur until the middle of the term of application; therefore we encourage you to plan accordingly.
Domestic Students
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.
Loan/Financial Aid Programs
| Name | Description |
|---|---|
| StudentAid BC | StudentAid BC helps eligible BC students with the cost of their post-secondary education through loans, grants, scholarships, and other programs. Visit the StudentAid BC website for further information. |
| Canada Student Grant and Loans | The Government of Canada offers grants and loans to full-time and part-time domestic students to assist with paying for their post-secondary education. Students must apply within their province or territory of residence. Visit the Government of Canada website for further information. Note: not all SFU programs may qualify, please refer to the SFU Financial Aid and Awards site for additional details. |
| BMO Student Line of Credit | 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 the BMO website regarding professional lines of credit. |
| Lifelong Learning Plan | 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 the Government of Canada website for more information. |
| 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. |
International students
International students should arrange for financial assistance through institutions in their home country, as they are not eligible to apply for the Federal and Provincial Student Loan Programs or loans through Canadian financial institutions.
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.
External Scholarships
For information on available external scholarships which are open to international and domestic students, please follow the links below.
- Aga Khan Foundation
- Canadian Memorial Foundation
- Icetex
- John Monash Scholarship
- Leverhulme Trust Study Abroad Scholarships
- Margaret McNamara Education Grants
- PEO International Peace Scholarships for Women
- QS Scholarship for Community
- QS Scholarship for Leadership
- Scholarships for Development - FINCAD Women in Finance Scholarship
- The BUNAC Educational Scholarship Trust
- Traditional Fulbright Canada Student Awards
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