Awards and Funding

Funding your studies

Graduate students in a doctoral or research based master's program at the Univeristy of Waterloo are guaranteed a minimum level of funding. Your offer letter will contain the details of your funding, if applicable. In order to recieve the funding you must satisfactorily perform the duties required for the financial support and/or continue to meet the eligibility criteria of awards. 

Graduate Research Studentship (GRS)

Graduate Research Studentships are given to students working on their thesis to supplement their TA earnings. The GRS are paid as awards and are not considered taxable income.

Teaching Assistantship (TA) and Graduate Research Assistantship (GRA)

Teaching/Research Assistantships at the University of Waterloo are considered employment income and are subject to statutory deductions (please see the Human Resources website for more details). Annual earnings are reported on a T4 slip.

Each TA unit includes 80 hours of work per term. Please note that of the 80 hours, 76.5 hours is dedicated to the majority of your TA duties and the remainder (3.5 hours) is dedicated to pool proctoring. Please see the Math TA manual for more details.

UWaterloo and external scholarships

The University has an extensive graduate funding and awards database. We strongly recommended you review the database regularly and consider applying for any awards you may qualify for. Speak with your supervisor or Graduate Coordinator for details on how to apply.

The major competitive external scholarship competitions are the Natural Sciences and Engineering Research Council (NSERC), Ontario Graduate Scholarship (OGS), Queen Elizabeth II Graduate Scholarship in Science and Technology (QEII-GSST), and University of Waterloo (UW) scholarships. Please note that there are limited awards for awards for international students.

Paying Tuition

You are responsible for having your fees arranged every term. Fees are posted to individual student accounts on Quest approximately three to five weeks prior to the start of lectures each term. Students are notified by e-mail at that time.

When arranging your fees on Quest, your anticipated aid (TAs, GRAs, awards/scholarships, bursaries, etc.) is used to create a promissory note. These funds are applied to your tuition first and amounts that exceed your tuition and fees are “refunded” into your bank account. UW Finance has additional information on Refunds for Scholarships, Bursaries & Awards.

Please note that you must be "Fees Arranged" in order for excess awards to be refunded.

Timing of funding

When arranging your fees, you may see a breakdown of your anticipated aid, but you will not be given notice on whenthose funds will be disbursed to your bank account. As each student’s funding will vary, you should see your Graduate Coordinator to understand the breakdown of your fees and the timing you can expect your payments. Please also refer to the GSPA Funding Payment Information for more information.

In general, awards/scholarships and TAs are paid out in the following manner:

  • Scholarships and awards - usually disbursed during the first month of the term (often, but not always in the first and second week).
  • TAs and GRAs - normally paid over four months on the last Friday of the month, after tax and other deductions.

Financial Need

The Univeristy has many funding opportunities for graduate students that demonstrate financial need including emergency loans, parental leave/day care/medical bursaries, and more.

Faculty awards and scholarships

Indigenous and Black Engineering and Technology (IBET) Momentum Fellowship

The Faculty of Mathematics is pleased to offer the Indigenous and Black Engineering and Technology (IBET) Momentum Fellowship. As co-creators with the Faculty of Engineering, we are committed to increasing the diversity of the Canadian workforce by enhancing the Faculty’s efforts to support and prepare tomorrow’s diverse leaders.

Two IBET Momentum Fellowships are available to Faculty of Mathematics doctoral students registered full-time in Spring 2021 or later. Each Fellowship is valued at $25,000 per year with an additional $5,000 per year in the form of a Graduate Research Studentship (GRS) for a maximum of 4 years/12 terms. This will allow recipients to pursue advanced degrees and undertake both traditional and/or non-traditional areas of research without incurring financial hardship.

Mehta-Jenner Climate Change Mitigation Graduate Scholarship

The Mehta-Jenner Climate Change Mitigation Graduate Scholarship is awarded to two full-time, domestic or international (preferred) women graduate students registered in a research-based master’s program in the Faculty of Mathematics. Selection is based on a demonstrated passion for the environment and climate change.

Congratulations to the most recent recipients:

  • Mackenzie Cameron - Applied Mathematics
  • Sierra Legare - Applied Mathematics

 Additional Resources 

  • Graduate Studies and Postdoctoral Affairs (GSPA) provides information and hosts events to assist you with your application to the major federal and provincial scholarships. 

  • International students are eligible for additional sources of funding. 

  • Your department may have other awards available, review the department website or speak with your supervisor/graduate coordinator.