Top 10 Fully Funded Masters Scholarships in Canada for 2024

Happiness Oyiza
Happiness Oyiza  - Career Expert
8 Min Read
Top 10 Fully Funded Masters Scholarships in Canada for 2024
Top 10 Fully Funded Masters Scholarships in Canada for 2024

Have you been dreaming about studying in Canada but worried about the costs? We’ve got good news for you. Some amazing fully funded Masters scholarships in Canada cover your tuition fees and living expenses. No more excuses – it’s time to take that next step towards your dream degree.

Canada is a top destination for international students looking to pursue a master’s degree. The universities here offer world-class education at lower costs compared to other countries. Even better, Canada provides many generous scholarships for international students that cover tuition and living expenses.

READ ALSO: Canada Caregivers Program 2024: Details and Eligibility

Top 10 Fully Funded Masters Scholarships in Canada for International Students 2024

Top 10 Fully Funded Masters Scholarships in Canada for 2024
Top 10 Fully Funded Masters Scholarships in Canada for 2024

If you’re an international student looking to study in Canada, the good news is there are many scholarships available to help fund your Master’s degree. Here are 10 of the top fully-funded options for 2024:

1. Mitacs Accelerate Internship

This scholarship funds your Master’s research internship, providing a stipend for 4-6 months. Work with a company in your field of study to solve real-world problems. A great way to gain valuable experience!

2. The Vanier Canada Graduate Scholarships

Recognized as Canada’s most prestigious scholarship, Vanier covers tuition, living expenses, and other fees for up to 3 years. Applicants must have a first-class average and be pursuing a PhD in health, natural sciences, engineering, social sciences or humanities.

3. Schulich Leader Scholarships

For those in STEM (science, technology, engineering, math) or business programs, the Schulich scholarships provide full funding for your master’s or PhD studies. Recipients must demonstrate academic excellence, leadership, and community service.

4. Ontario Trillium Scholarship

Excellent international students who want to get their Master’s at one of Ontario’s top universities can apply for the Ontario Trillium Scholarship. Potential scholars must have gotten at least 80% in each term for the past two years in order to be nominated by the school. They also need to show that they have a lot of research ability.

5. Pierre Elliott Trudeau Foundation Scholarship

The Pierre Elliot Trudeau Scholarship, which is named after the former Canadian Prime Minister, will help pay for 16 students to study for their Master. in one of the four areas the foundation focuses on. The student had to have been accepted into a doctoral school in Canada in order to be eligible. Awards are given out based on things like academic success, commitment, leadership and community service, as well as agility and resilience. Scholars must also take part in at least one program run by the organization.

6. University Of Manitoba Graduate Fellowship (UMGF)

Graduate Fellowships (UMGF) are available to Masters or Ph.D. students at the University of Manitoba who have done very well in school. To be considered, a candidate must have a GPA of at least 3.0. This requirement may change because other schools may want a better score. Scholars must be suggested by the departments where they work.

7. Ontario Graduate Scholarships

Graduate students who want to study at certain Ontario universities can get a merit-based grant from the government of Ontario and partner schools. The cash prize is good for at least one year and no more than two years. Even though there is a limit, students may be able to get the maximum limit of 6 years. The school chooses who gets an award. The guidelines and ranking systems used by the university to come up with the results.

8. Canadian Commonwealth Scholarship Program

Students from Commonwealth countries who are very smart and are in their master’s or PhD program can apply for the Canadian Commonwealth Scholarship Program. It is worth $10,000 to get the grant. This helps students pay for things like transportation, living costs, and other costs that come up while they are in Canada for school.

9. Banting Postdoctoral Fellowships

The goal of the Banting Postdoctoral Fellowships program is to find and keep the best postdoctoral researchers from around the world and across the country. This is done to help them develop their leadership skills and set them up for success as the research leaders of the future, which will be good for Canada’s economy, society, and research.

10. University of Alberta Master’s Award

The University of Alberta Graduate Entrance Scholarship is an honorary award given to outstanding students from Canada and other countries who want to start full-time graduate studies at the university.

READ ALSO: Top 50 Best Universities in Canada in 2024


What are the eligibility criteria?

To be eligible for the most fully funded Master’s scholarships in Canada, you must:

  • Meet the minimum GPA requirement, which is usually a 3.0 or higher
  • Have completed a 4-year bachelor’s degree or equivalent from an accredited university
  • Meet the English language proficiency requirement (IELTS or TOEFL scores)
  • Be an international student (not a Canadian citizen or permanent resident)
  • Not have received another scholarship for the same program of study

Some scholarships may have additional criteria related to the program of study or country of citizenship. It’s best to check with the specific scholarship you’re interested in.

What expenses do the scholarships cover?

Fully funded Master’s scholarships in Canada typically cover the following:

  • Tuition fees for the duration of your Master’s program
  • Living stipend or allowance for rent, food, and other expenses
  • Health insurance
  • Travel allowance for your flight to Canada

The coverage amounts can vary between different scholarships. Some may cover only tuition, while others include a generous living stipend. Make sure you understand exactly what expenses are covered before applying.

Do I have to commit to staying in Canada after graduating?

Most fully funded Master’s scholarships in Canada do not require you to commit to staying in the country after completing your degree. However, some programs aim to retain top talent and may express a preference for candidates interested in remaining in Canada.

A few scholarships, like the Vanier Canada Graduate Scholarships, require you to commit to pursuing a career in Canada or with a Canadian organization after graduating. Be sure to check if there are any “return to Canada” service requirements before accepting an offer.

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By Happiness Oyiza Career Expert
I am Happiness Oyiza, a UnicrossBlog author dedicated to empowering you through education, scholarships, job tips, and career success.
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