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All successful candidates are automatically considered for financial assistance in the form of scholarships and a teaching/research assistantship. You do not need to apply separately for these awards. Awards are made based on academic merit and the availability of funds.

In 2017-2018, the average financial support package is $15,000 per year for our MA students and $25,000 per year for our PhD students.

Teaching assistantship

  • The 2017/2018 TA rate is $4,645 per term.


  • Some students may be awarded a scholarship ranging from $3,000 to $10,000 per year. Eligibility for such scholarships requires an overall average of 80% (A- or first class) average in the last two years of full time study.

International graduate student award

  • MA - valued at $2,045 per term to a maximum of six terms
  • PhD - valued at $4,090 per term to a maximum of 12 terms
  • Awarded automatically each term to students paying international graduate student fees

President's graduate scholarship

  • Valued at $7,500.
  • Awarded to all Ontario Graduate Scholarship (OGS) and Social Sciences and Humanities Research Council (SSHRC) award holders as a top up to the OGS and SSHRC award

Ken Stollery graduate memorial award

  • Valued at $1,000
  • Awarded annually (when funds permit) to an MA or PhD economics student who demonstrates academic excellence and financial need

Other sources of funding

Students are encouraged to apply for other funding they may be eligible for.

Graduate student expenses at Waterloo