Funding and awards

Entrance scholarships

You'll be awarded one of these scholarships (no application is necessary) if:

  • you're admitted to full-time first-year degree studies at University of Waterloo and you're beginning post-secondary studies for the first time in fall.
  • your mid-May admission average is 85% or more.
  • you meet the conditions of your offer.
Admission average* Scholarship name Amount
95%+ President's Scholarship of Distinction
  • $2,000 Entrance Scholarship
  • $1,500 International Experience Award* or
  • $1,500 Research Award*, or both
90 - 94.9% President's Scholarship $2,000 Entrance Scholarship
85 - 89.9% Merit Scholarship $1,000 Entrance Scholarship
Demonstrated academic merit Faculty of Science Entrance Scholarship $500 Entrance Scholarship

*Based on your mid-May marks. For eligibility or for more information about your admission average and how it's calculated.

Note: These awards are available in your upper years if you choose to claim them and if you complete your first year with at least an 80% average.

Additionally, a small number of named Entrance Scholarships specific to the Faculty of Science can be found in the Undergraduate awards database.  There are a number of university-wide scholarships available to students who meet certain criteria. For more information, visit the Student Awards and Financial Aid website.   

International Students entrance scholarship

Several scholarships are awarded at $10,000 each. To be eligible you will need to meet the following criteria:

  • Open to international students admitted to Year One of a full-time, undergraduate degree programs at Waterloo
  • Academic performance (minimum 90% admission average)
  • Admission information form
  • Results of Euclid Mathematics Contest (Mathematics and Computer Science applicants)
  • Results of Accounting & Financial Management Admissions Assignment (Accounting & Financial Management applicants)


Entrance bursaries are awarded to assist students who have financial need. Close to 1,000 entrance bursaries, valued at approximately $500 to $4,000, are available each fall for students entering first-year programs at the University of Waterloo, Renison College, and St. Jerome's University.

After you've developed a preliminary budget for your first year of university, you may discover that your financial resources fall short of meeting your education-related expenses. If you're in this situation, the entrance bursary program might be for you.

To be eligible for this bursary, you must have lived in Ontario for at least 12 months prior to beginning your post-secondary education and you must demonstrate financial need.

Bursary applications for the upcoming school year should be available in February - all applicants will receive an email reminder to apply for the bursary. The application deadline is usually in mid-April.

Part-time employment

The University of Waterloo employs over 4,000 of its undergraduate and graduate students every year. Each term, a number of jobs are available in such areas as: the Federation of Students (and its affiliated operations), the faculty snack shops, the Engineering Society, Food Services, the residences, Athletics, the Library, Bookstore, Audio Visual, Theatre Centre, Visitors Centre and Office of Development. Visit for a more detailed list of the opportunities available on campus.


The Ontario Student Assistance Program (OSAP) is a mix of grants and loans for students. Through your OSAP application, you may have access to a mix of different financial aid programs, depending on your circumstances. Visit how to apply for OSAP for more details.