NewsUniversity of Manitoba Financial Assistance 2024/2025: Entrance Awards, Bursaries & Scholarships Explained

University of Manitoba Financial Assistance 2024/2025: Entrance Awards, Bursaries & Scholarships Explained

The University of Manitoba offers a wide range of financial aid and awards to support students in their academic pursuits.

This comprehensive guide will walk you through the various scholarships, bursaries, and financial assistance options available for the 2024/2025 academic year.

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Overview of Financial Aid at University of Manitoba

University of Manitoba Financial Assistance 2024/2025: Entrance Awards, Bursaries & Scholarships Explained

The University of Manitoba is committed to making education accessible to all students. Each year, the university distributes over $35 million in scholarships and bursaries to help students finance their education.

Here are some key statistics:

  • Over 1,600 first-year students receive entrance scholarships annually
  • $35 million in total awards given out each year
  • $14 million in bursaries awarded annually
  • Over 2,800 awards available in the UM awards database

Types of Financial Aid Available

The University of Manitoba offers several types of financial assistance:

Entrance Awards

Entrance awards are available to new students entering their first year at the University of Manitoba. These include:

  • University of Manitoba General Entrance Scholarships
  • BMO Financial Group Leader of Tomorrow Scholarships
  • Schulich Leader Scholarships

Bursaries

Bursaries are awarded based on financial need.

The university offers a wide range of bursaries from $100 to $1,000. Some key bursaries include:

  • University of Manitoba Entrance Bursary
  • Asper Foundation Entrance Bursary
  • Fairfax Financial Holdings Ltd. Entrance Bursary

Scholarships

Scholarships are awarded based on academic merit. Some notable scholarships include:

  • Isbister Undergraduate Scholarships
  • University of Manitoba Alumni Association Scholarships
  • Faculty-specific scholarships

Work-Study Program

The Work-Study program provides part-time on-campus employment opportunities for eligible students to help finance their education.

Eligibility Criteria

While eligibility varies by award, here are some general criteria:

  • Most entrance scholarships require a minimum 80% high school average
  • Bursaries are awarded based on demonstrated financial need
  • Many awards require full-time enrollment (minimum 60% course load)
  • Some awards have specific program/faculty requirements
  • International students are eligible for many awards, but some are restricted to Canadian citizens/permanent residents

Always check the specific eligibility criteria for each award you’re interested in.

How to Apply

The application process varies depending on the type of award:

Entrance Awards

  • Many entrance awards require no separate application – you’re automatically considered when you apply for admission
  • Some awards like the BMO Leader of Tomorrow Scholarship require a separate application

Bursaries

  • Complete the University of Manitoba General Bursary application through Aurora Student
  • The application typically opens in August and closes October 1st

Scholarships

  • Many scholarships don’t require an application – you’re automatically considered based on your academic performance
  • Some scholarships have separate application forms and deadlines

Key Dates and Deadlines

Mark these important dates on your calendar:

  • March 1, 2024: Admission application and entrance scholarship consideration deadline for Fall 2024
  • July 15, 2024: University of Manitoba Entrance Bursary application deadline
  • October 1, 2024: General Bursary application deadline

Entrance Awards

Let’s take a closer look at some of the major entrance awards available:

University of Manitoba General Entrance Scholarships

These scholarships are automatically awarded to high-achieving high school students entering their first year. Awards range from $1,000 to $3,000 based on admission average.

BMO Financial Group Leader of Tomorrow Scholarship

This prestigious scholarship is valued at $16,000 over four years. It recognizes students who combine outstanding leadership potential with academic excellence.

Learn more about the BMO Leader of Tomorrow Scholarship

Schulich Leader Scholarships

These are Canada’s largest STEM scholarships, valued at $80,000 or $100,000 over four years.

They’re awarded to entrepreneurial-minded high school graduates enrolling in a STEM program.

Learn more about Schulich Leader Scholarships

BursariesNursing Abroad a7fe5fe2f5f1a0259c586891e403be53

Bursaries are an important form of financial aid for students with demonstrated need. Here are some key bursaries to be aware of:

University of Manitoba Entrance Bursary

This bursary is available to new students entering their first year of studies. The value varies based on financial need.

Apply for the UM Entrance Bursary

Asper Foundation Entrance Bursary

This renewable bursary offers $1,000 per year to students with high financial need and a minimum 70% high school average.

Fairfax Financial Holdings Ltd. Entrance Bursary

This bursary provides $6,000 per year, renewable for up to four years, to Canadian students with high financial need and a minimum 80% high school average.

Scholarships for Continuing Students

Once you’re enrolled at the University of Manitoba, you become eligible for a range of scholarships for continuing students:

Isbister Undergraduate Scholarships

These prestigious scholarships are awarded to the top-performing students in each faculty.

University of Manitoba Alumni Association Scholarships

These scholarships recognize academic excellence and community involvement.

Faculty-Specific Scholarships

Many faculties offer their own scholarships. For example:

  • School of Art Scholarships
  • Asper School of Business Scholarships
  • Faculty of Engineering Scholarships

Always check with your specific faculty for scholarship opportunities.

International Student Awards

The University of Manitoba welcomes international students and offers several awards specifically for them:

International Undergraduate Student Entrance Scholarships

These scholarships range from $2,000 to $5,000 and are automatically awarded based on admission average.

Graduate Fellowships for International Students

Various fellowships are available for international graduate students, including the International Graduate Student Entrance Scholarship.

Indigenous Student Awards

The University of Manitoba is committed to supporting Indigenous students and offers several dedicated awards:

Indigenous Leader of Tomorrow Scholarship

This scholarship provides $16,000 over four years to Indigenous students who demonstrate outstanding leadership and academic potential.

Indigenous Achievement Scholarships

These scholarships recognize academic excellence among Indigenous students.

Graduate Student Funding

Graduate students have access to a range of funding opportunities:

Graduate Fellowships

The University of Manitoba Graduate Fellowship (UMGF) provides $18,000 per year for PhD students and $14,000 for Master’s students.

Research Grants

Many graduate students receive funding through their supervisor’s research grants.

Teaching and Research Assistantships

These positions provide valuable experience and financial support for graduate students.Explore graduate student funding options

Work-Study Program

The Work-Study program provides part-time, on-campus employment opportunities for eligible students. This program allows you to earn money while gaining valuable work experience.Key details:

  • Available to full-time students who demonstrate financial need
  • Positions are posted in August for the Fall/Winter terms
  • Students can work up to 10 hours per week

External Scholarships and Awards

In addition to University of Manitoba awards, students should also explore external scholarship opportunities:

Government Scholarships

  • Canada Student Grants and Loans
  • Manitoba Student Aid

Private Scholarships

Many private organizations and foundations offer scholarships. Some popular ones include:

  • Loran Scholarships
  • TD Scholarships for Community Leadership
  • RBC Future Launch Scholarship

Tips for a Successful ApplicationNursing Abroad images 8

Follow these tips to increase your chances of securing financial aid:

  1. Start early: Many scholarships have early deadlines, so begin your search and applications well in advance.
  2. Meet all deadlines: Late applications are typically not considered.
  3. Maintain good grades: Many scholarships have minimum GPA requirements.
  4. Get involved: Extracurricular activities and community involvement can strengthen your application for many awards.
  5. Tailor your application: Customize your personal statements and essays for each scholarship.
  6. Proofread carefully: Errors can negatively impact your application.
  7. Seek feedback: Have someone review your application before submission.
  8. Apply for multiple awards: Don’t put all your eggs in one basket.

Financial Planning Resources

The University of Manitoba offers several resources to help you plan your finances:

Financial Aid Advisors

These advisors can help you navigate the various financial aid options and application processes.

Financial Planning Workshops

The university offers workshops on budgeting, financial literacy, and managing student loans.

Online Resources

The Financial Aid and Awards website provides a wealth of information, including:

  • Budgeting tools
  • Loan repayment calculators
  • FAQs about financial aid

Conclusion

The University of Manitoba offers a comprehensive range of financial aid options to support students in their academic journey. From entrance scholarships to need-based bursaries, work-study opportunities to graduate fellowships, there are numerous ways to finance your education.

Remember to start your financial aid search early, meet all deadlines, and take advantage of the resources available through the Financial Aid and Awards office.

With careful planning and a proactive approach, you can maximize your chances of securing the financial support you need to succeed at the University of Manitoba.

Explore all financial aid options at the University of Manitoba

Good luck with your studies and your financial aid applications!

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