Waterloo Engineering offers competitive funding for our graduate students. Financial support is available from many sources, including: graduate research studentships from supervisors’ grants, teaching assistantships, internal awards, federal and provincial government scholarships, institutional scholarships, bursaries, and loans provided by the government of Ontario.
On average, in 2017/18 Faculty of Engineering students received the following funding:
- Master of Applied Science (MASc) $28,000+
- Doctor of Philosophy (PhD) $37,000
100 new awards and fellowships
In spring 2018, we began offering additional fellowships for Canadian and Permanent Resident students entering Engineering Research Programs. The funding initiative includes PhD Fellowships valued at up to $160,000 over 4 years and MASc Fellowships valued at up to $50,000 over 2 years.
There is also a Dean's Entrance award for all top students!
Students with a Natural Sciences and Engineering Research Council (NSERC) award will get a President's Graduate Scholarship (PGS) top-up of $10,000+ each year.
Fellowships valued at $25,000 per year (for Master's students) and $30,000 per year (for Doctoral students) will be awarded to eligible incoming graduate students registered full time in the Faculty of Engineering at the University of Waterloo. Fellowships will be awarded on the basis of academic excellence and through demonstrated interest in Blockchain and distributed systems, Cryptocurrency and digital payments, and Cryptography.
Students interested in applying for this fellowship must complete a written application and have a completed application for admission by February 1. A selection committee will review the applications and select recipients in February.
Faculty of Engineering financial support
Graduate Research Studentships
Highly qualified full time thesis students, both at the MASc and PhD levels, will receive graduate research studentships (GRS) from their supervisors. Effective May 1, 2018, the minimum value of a GRS is $17,500/year for the MASc program and $23,043/year for the PhD program. The $23,043 is the minimum funding for a student in the PhD program and, based on performance, it is guaranteed for four years.
A graduate student in the MASc or the PhD program could be assigned one or more teaching assistantship (TA) tasks each year. Each TA task involves an average of 10 hours per week for one term. Please refer to compensation rates on Finance's website.
Faculty of Engineering Scholarships
These scholarships are awarded by the Faculty of Engineering in recognition of special achievements of graduate students. They are normally offered on a term by term basis, at an average value of $1,000/award (additional to income from other sources).
Government agency fellowships and awards
Federal Tri-Council Scholarships
These scholarships are awarded to top domestic (Canadian and permanent resident) students. The value of these awards range from $17,500/year to $35,000/year. For more information on these awards, visit the Graduate Studies and Postdoctoral Affairs external awards web page.
Ontario Graduate Scholarship
The Ontario Graduate Scholarship (OGS) is a merit-based scholarship and is available to MASc and PhD students in all disciplines of academic study. The value of an OGS for one year is $5,000 per term; therefore, students can receive $10,000 (split over 2 terms) or $15,000 (split over 3 terms).
Students must apply for the OGS at the institution where they want to hold it. For more information and how to apply, visit the Graduate Studies and Postdoctoral Affairs office Ontario Graduate Scholarship web page.
Loans, bursaries, and other assistance programs
Ontario Student Assistance Program (OSAP)
OSAP provides various types of assistance based on financial need to eligible students. Assistance is intended to supplement, not to replace, the resources of students and their families.
University of Waterloo Bursaries and Assistance
Waterloo provides a variety of bursaries for students who find themselves in financial need, including Graduate Birth and Parental Leave, Research Travel Assistantship, and Day Care Bursaries. For additional bursaries, emergency loans, and graduate scholarship resources please visit the Graduate Studies Office financial need funding webpage or the database web page.
University of Waterloo awards
The University’s central Graduate Studies Office provides information about scholarships and financial aid, and maintains a searchable database of awards for which you may be eligible. To find out more, talk to the funding specialists in the Graduate Studies and Postdoctoral Affairs office or to your department’s scholarship coordinator.
Mitacs is a national, not-for-profit organization that works with 60 universities, thousands of companies, and both federal and provincial governments to build partnerships that support industrial and social innovation in Canada. To explore funding options through the Mitacs Accelerate program visit their website and the University of Waterloo Office of Research.