No question – university is a big investment. The money you and your family members contribute is the foundation for your financial plan, but you may need more to cover all of your costs.
Take a look at how real University of Waterloo students are paying for their first year:
Be debt-free faster: If you’re in co-op, you’ll have a huge advantage when it comes to paying for your education. You’ll make anywhere from $33,000 to $73,000 over the course of your studies – money you can apply to your fees or use to pay down loans. It's a fact: Waterloo students are able to successfully repay their OSAP loans more often than students at other Ontario universities*.
- Find free money. Learn about Waterloo scholarships and bursaries, and other financial assistance you don’t have to pay back. This year, 87% of our first-year students received an entrance scholarship or entrance bursary.
- Earn while you learn. If you’re in a regular-stream program, discover how our Centre for Career Action can help you find part-time, summer, and work placement positions.
- Save cash. Find tips for saving money on entertainment, food, and travel. Skip that daily macchiato and you could save $300 by the end of term!
- Find more free money. Explore scholarships provided by businesses, cultural groups, service clubs and more at sites like ScholarshipsCanada.com or yconic.
- Build your plan. Use our budget calculator to start planning for your education costs.
* Source: Ministry of Training, Colleges and Universities