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Funding and awards

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. 

Ripple Graduate Fellowships **NEW**

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.

Ripple Graduate Fellowship Application form