University can be an expensive but a manageable undertaking if you have a realistic financial plan in place before you begin your studies. Knowing your costs, setting a budget and accessing financial supports will allow you to study worry-free.
You can offset these costs with: scholarships, co-op, bursaries, and government assistance.
The Faculty of Mathematics offers a number of scholarships that are application-based, contest-based or program-based for consideration. You can be awarded these scholarships in addition to other scholarships awarded by the University of Waterloo. Eligibility requirements vary for each.
Tuition and fees
Most students want a clear idea of what their costs will be in first year. These costs include:
- Tuition
- Books and supplies
- Housing or residence
- Transportation
- Phone and Internet
- Entertainment
Scholarships
Scholarships are financial aid awards offered by the University to help you pay for your degree. They can be a one-time or renewable award that is paid out over multiple terms. Scholarships are typically awarded based on grades but some require additional information and an application.
Applicants to the Faculty of Mathematics may be eligible to receive both Faculty of Mathematics scholarships and University-based scholarships.
Faculty of Mathematics Scholarships
The Faculty of Mathematics offers an impressive selection of scholarships for students entering first year:
Faculty of Mathematics Scholarships are open to high school students applying to a full-time honours program in the Faculty of Mathematics, including Computer Science, but excluding Software Engineering and Computing and Financial Management. Eligibility requirements vary for each.
Note: all scholarships are subject to change.
> Application-based scholarships
Applications for Fall 2023 are now open.
The deadline to apply is 11:59 p.m. EST, February 17, 2023 (no extensions on this deadline).
How to submit your application: Some scholarships have different application portals or forms. To find the application link for the scholarships(s) you're interested in applying to, open the expandable text (the pink bars) to find the "apply now" button. Read through the eligibility requirements before submitting your application.
National Scholarships - Application required
Open to Canadian Citizens or Permanent Residents.
The deadline to apply is 11:59 p.m. EST, February 17, 2023.
| Scholarships |
Eligible students |
Eligible programs |
Number available |
|---|
| CIBC National Scholarship |
- Canadian citizen
- Permanent resident
|
BBA/BCS, BBA/BMath, Computer Science
|
- One
- $25,000
- Spread equally over eight academic terms
- Renewal requirements after first year*
|
| Mathematics National Scholarships |
- Canadian citizen
- Permanent resident
|
Any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management)
|
- Up to 15
- $12,000 to $25,000
- Spread equally over eight academic terms
- Renewal requirements after first year*
|
*Must maintain a minimum 80% average and take five courses each academic term to receive payments after first year.
If you are not awarded one of these scholarships, you may be eligible to receive a Math Entrance Scholarship. Participation in the Euclid Mathematics Contest and/or the Canadian Senior Mathematics Contest is required for these awards.
Global and India Scholarships - Application required
Open to students studying on a Student Visa. Applications are now open.
Deadline will be 11:59 p.m. EST, February 17, 2023.
| Scholarships |
Eligible students |
Eligible programs |
Number available |
|---|
| Barji and Gulab Scholarship for Women in Computer Science |
- International
- Studying in high school in India
- Female students entering Year One of a Computer Science program
|
Computing and Financial Management, Business Administration (Laurier) and Computer Science (Waterloo) Double Degree, and Computer Science
Excludes Software Engineering
|
- 1 award
- $15,000
- Two equal payments in first year
|
| Mathematics Global Scholarships |
|
Any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management)
|
- Up to 10
- $12,000 to $40,000
- Spread equally over eight academic terms
- Renewal requirements after first year*
|
| Mathematics International Elite Awards: India |
- International
- Studying in high school in India
|
Any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management) |
- Up to 5
- $40,000
- Two equal payments in first year
|
| Mathematics International Excellence Awards: India |
- International
- Studying in high school in India
|
Any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management) |
- Up to 10
- $20,000
- Two equal payments in first year
|
*Must maintain a minimum 80% average and take five courses each academic term to receive payments after first year.
If you are not awarded one of these scholarships, you may be eligible to receive a Math Entrance Scholarship. Participation in the Euclid Mathematics Contest and/or the Canadian Senior Mathematics Contest is required for these awards.
Black and Indigenous Scholarships - Application required
Deadline will be 11:59 p.m. EST, April 15, 2023.
Applicants to any program within the Faculty of Mathematics, excluding Software Engineering, may be eligible for Black and/or Indigenous scholarships valued between $10,000 and $20,000.
Selection will be based on a combination of academic excellence, extracurricular involvement, and/or volunteer activities. Eligibility requirements may vary.
Contact Student Awards and Financial Aid if you have questions.
> Contest-based scholarships
To be considered you must be a current high school student admissible to the Faculty of Mathematics. Scholarship decisions are based on a combination of averages, Admissions Information Form, and math contest results. You are strongly recommended to write one or both of our math contests: the Euclid Mathematics Contest and/or the Canadian Senior Mathematics Contest. Contact your math teacher or guidance counsellor to register.
Entrance Scholarships - Contest(s) are strongly recommended
The Faculty of Mathematics awards 200 entrance scholarships in values of:
- $10,000 over four years
- $8,000 over four years
- one year scholarships ranging from $1,000 to $5,000
To be considered you must be a current high school student admissible to the Faculty of Mathematics. Scholarship decisions are based on a combination of averages, Admissions Information Form and math contest results. You are strongly recommended to write one or both of our math contests: the Euclid Mathematics Contest and/or the Canadian Senior Mathematics Contest. Contact your math teacher or guidance counsellor to register.
> Program-specific scholarships
If you're applying to Computing and Financial Management and/or Software Engineering, specific scholarships are awarded for these programs.
Computing and Financial Management Entrance Scholarship - No application required
Applicants to our Computing and Financial Management program may be awarded an entrance scholarship valued at $3,000 or $4,000. Scholarship decisions are based on a combination of averages, Admissions Information Form and math contest results. You are strongly recommended to write one or both of our math contests: the Euclid Mathematics Contest and/or the Canadian Senior Mathematics Contest. Contact your math teacher or guidance counsellor to register.
Software Engineering - No application required
Applicants to the Software Engineering program may be awarded a Software Engineering Entrance Scholarship valued at $4,000. Admissions for Software Engineering are managed by the Faculty of Engineering. See eligibility details and contact enginfo@uwaterloo.ca for more information.
University-Wide Scholarships
There are also a number of university-wide scholarships that are available for all first-year students from the President's Office. These scholarships are open to students applying to any undergraduate program at the University of Waterloo.
Bursaries
A bursary is a type of scholarship that is awarded to help offset costs. These may be funded by alumni, companies and other friends of the university. The University of Waterloo offers bursaries for students in financial need. They do not need to be paid back.
Government assistance
Government assistance is a loan offered to students by the Ontario government. The province of Ontario provides financial assistance (OSAP) for eligible students. These loans are paid back after graduation.
Co-op
If you're enrolled in one of our co-op programs, you'll earn anywhere from 16 to 24 months of paid work experience ranging from $55,000 to $80,000 to pay for school. Learn more about what co-op is.
Questions?
If you have any questions about tuition, funding opportunities or scholarships, please contact us for more information.
