No question, university is a big investment in your future. The money that you – and possibly your family members – contribute is the foundation for your financial plan, but you may need more to cover all of your university costs. Waterloo's tuition fees vary by program and by what type of student you are.
Co-op
Without a doubt, Waterloo’s co-operative-study program (co-op) is the single biggest contributor to our students’ financial well-being. At Waterloo, Engineering students alternate study terms with work terms and graduate with two years of relevant, paid work experience. On average, engineering students earn $20-$30 an hour domestically per 4-month co-op term, helping to pay for tuition, books and living expenses.
Scholarships, Bursaries and Awards
All incoming first-year students are automatically considered for several financial awards, and no separate applications are required. Please note that Engineering entrance scholarships that do not require separate applications are based upon admission averages, the Admission Information Form, and in some cases the online video interview.
Entrance awards that may require further application
Suncor Emerging Leaders Award
The Suncor Emerging Leaders Award program provides three scholarships that are valued at up to $10,000 each (payable over four academic years) and awarded annually to outstanding students entering first-year Chemical, Mechanical, Civil, or Environmental Engineering programs at the University of Waterloo. These scholarships are funded by a generous donation from Suncor in recognition of the outstanding programs at the University of Waterloo, and to meet the needs of the Canadian oil and gas industry through trained human resources capable of playing leadership roles in the sector.