Awards and funding

Student writing in notebook

The University of Waterloo is proud to offer financial support to graduate students.

Graduate students may be eligible for funding from various sources, including Graduate Research Studentships (GRS), internal and external awards, bursaries, emergency loans, and employment opportunities such as Graduate Teaching Assistantships (GTA) and Graduate Research Assistantships (GRA).  

Internal awards

Waterloo offers a wide range of internal awards for graduate students. Awards may be based on academic achievement, research excellence, financial need, leadership, citizenship status, program, or other criteria. 

Most internal awards do not require an application. Instead, students are nominated by their department based on award eligibility and selection criteria. Students can contact their department graduate co-ordinator for additional information about internal award opportunities and nomination processes. 

External awards

Graduate students are encouraged to apply for major external awards and scholarships, including federal and provincial funding competitions and other prestigious scholarship opportunities. Students who choose to study at Waterloo and are successful in major federal and provincial competitions may also receive the President’s Graduate Scholarship.

Additional external funding resources

  • The Universities Canada website contains useful tips and tools for international students planning to study in Canada, as well as a searchable database for scholarship programs for all students pursuing post-secondary education.
  • The Government of Canada International Scholarship Program website lists Canadian scholarship programs for non-Canadians wishing to study and conduct research in Canada. For details on Waterloo’s administrative process for graduate students, please contact Waterloo International
  • The Scholarships Canada database is an extensive database to find scholarships, bursaries and grants. You'll also find information about student loans, applications and budget planning. 
  • Mitacs is a national, not-for-profit organization that designs and delivers research and training programs in Canada. Working with 60 universities, thousands of companies, and both federal and provincial governments, Mitacs builds partnerships that support industrial and social innovation in Canada. Open to all disciplines since 2007, Mitacs has expanded in response to industrial and university needs, including programs in R&D management, professional skills development, and international research training.

  • The Centre’s website contains information about U.S. funding programs  

  • The Global Engagement Office has information about other international opportunities.

Receiving external funding at Waterloo

Students will often seek funding opportunities independently through external corporations or companies, which often prefer to send the scholarship funds to the University so that they can be applied to the student’s tuition. If a cheque or electronic fund transfer (EFT) is being provided by the external corporation, it should be made payable to the University of Waterloo and be accompanied by a letter or memo containing details about the purpose of the funds, along with the student’s name and ID number.

External award cheques should be mailed directly to Finance, which will then collaborate with Graduate Studies and Postdoctoral Affairs to process the award in Quest.

Mailing address for external award cheques:

Suzanne Goggin
UW Finance – East Campus 5
University of Waterloo
200 University Avenue West
Waterloo, ON N2L 3G1

Questions about external award payments

Any questions about this process or about the status of an external award that has been sent to the University of Waterloo can be directed to grad-payments@uwaterloo.ca.

T4A tax forms for external awards

The University of Waterloo is obligated to issue a T4A tax form for all award payments made through the University, including those made on behalf of an external corporation.

T4As are produced each February for awards issued during the previous calendar year and will be available to access online. Visit the Tax Documents section of the Finance website for more information. 

Note: The University of Waterloo is unable to exclude specific scholarship/award payments from our T4A reporting processes. In the event that the external award provider has also issued a T4A for the same funds, you will need to ask them to revise their T4A form so that the award is not double-reported to Canada Revenue Agency (CRA).

President’s Graduate Scholarship

The President’s Graduate Scholarship (PGS), valued at up to $10,000, recognizes outstanding graduate students who hold certain major federally and provincially funded competition-based scholarships. Graduate Studies and Postdoctoral Affairs (GSPA) pays the central portion of $5,000 as a scholarship, while the department/faculty portion can be paid as a scholarship, Graduate Research Studentship, Graduate Teaching Assistantship (GTA) or Graduate Research Assistantship (GRA)*.

All annual PGS payments will be reduced if the eligible scholarship is held for less than three terms. Students are encouraged to contact their department graduate co-ordinator for details regarding how the department/faculty portion will be paid.

*Effective Fall 2026, in alignment with a student’s offer of admission, or revised notices issued in Spring 2026, the department/faculty portion of the PGS must be paid either as a scholarship or Graduate Research Studentship only

PGS eligible awards

PGS: Tri-agency doctoral scholarships

Students who hold one of the following doctoral scholarships at Waterloo are eligible to receive a PGS:

Effective fall 2025, the following scholarships are no longer available. However, recipients from previous competition years will continue to receive the PGS for as long as they hold their scholarship.

  • CIHR CGS-D
  • NSERC CGS-D and PGS-D
  • SSHRC CGS-D and Doctoral Award
  • Vanier Canada Graduate Scholarships
PGS paid by Annual amount while holding the eligible doctoral scholarship
GSPA Up to $5,000 paid across 3 terms
Department / Faculty Up to $5,000*
Total Up to $10,000*

*Departments and/or faculties may choose to provide additional funding. Students are encouraged to contact their department graduate co-ordinator for details.

PGS: Tri-agency master's scholarships

Recipients of the following scholarship at Waterloo are eligible to receive a PGS:

Effective fall 2025, the Tri-Agency Canada Graduate Scholarship Master’s (CGS M) is no longer available. However, recipients from previous competition years will continue to receive the PGS for as long as they hold their scholarship. 

PGS paid by Annual amount while holding the eligible master’s scholarship
GSPA Up to $5,000 across 3 terms
Department / Faculty Departments and/or faculties may choose to provide additional funding. Students are encouraged to contact their department graduate co-ordinator for details.
Total Up to $5,000 + any department contribution

PGS: Ontario Graduate Scholarship (OGS)/Queen Elizabeth II Graduate Scholarship in Science and Technology (QEII-GSST)

Students (master’s or doctoral) who hold an OGS or QEII-GSST at Waterloo are eligible to receive a PGS:

PGS paid by Annual amount while holding an OGS/QE-II
GSPA Up to $5,000 across 3 terms
Department / Faculty Departments and/or faculties may choose to provide additional funding. Students are encouraged to contact their department graduate co-ordinator for details.
Total Up to $5,000 + any department contribution

Awards Directory

Use the Awards Directory to search for graduate funding opportunities available at the University of Waterloo. The Awards Directory includes both internal Waterloo awards and select external funding opportunities for current and incoming graduate students.

Find funding →

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Teaching and research funding and employment

Graduate students may receive funding through assistantships, research studentships, scholarships, or a combination of funding sources. Some funding is considered employment income, while other funding is considered student support funding.

Understanding the difference between GTA, GRA, and GRS funding
Funding type Purpose Related status Payment and tax treatment
Graduate Teaching Assistantship (GTA) Teaching-related work Employee Paid through Payroll as employment income and reported on a T4
Graduate Research Assistantships (GRA) Research work supporting a faculty member's research activities Employee Paid through Payroll as employment income and reported on a T4
Graduate Research Studentship (GRS) Supports the student's own thesis research and academic training Student Distributed through Quest as award/scholarship funding and reported on a T4A
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Minimum funding

The University recognizes that graduate students are critical to the University’s teaching and research missions and strives to support students in research-based graduate programs through minimum funding levels. Each year, the Graduate Student Relations Committee reviews changes to student costs and provides recommendations regarding graduate student funding support.

View minimum funding levels →

Award definitions and privacy

Award definitions

The term "award" is a general designation applied to any scholarship, prize, medal, fellowship, or grant of money assigned to a student. Within this designation, awards are further defined as follows:

  • Awards - based on a combination of criteria such as academic performance, leadership or involvement in extracurricular activities or student affairs at the university or in the community, work-related experience, athletic achievement or participation, or work-term performance, and may include a financial need component
  • Bursaries - based primarily on financial need
  • Scholarships - based primarily on outstanding academic merit (80% or greater) or excellence in a specific subject or group of subjects

Privacy

Recipients of awards and funding may have their information (including details such as recipient name, academic program, award value, etc.) shared with donors, sponsors, agencies and institutional administrative staff for stewardship, recognition and statistical purposes. Please note that through the name/eligibility of the award, recipient demographic information may be identified. Should you have any questions about this, please contact the Associate Director, Graduate Financial Aid & Awards.

Generative artificial intelligence (GenAI) guidance for award applications

The use of GenAI is acceptable for financial need-based bursary applications where it may be of assistance in explaining personal circumstances. However, the use of GenAI for merit-based scholarship applications must be done cautiously. Students should review GSPA’s webpage for GenAI guidance for graduate students prior to using GenAI for scholarship applications.