Why Scholarship in Canada Is a Top Choice in 2026
Studying abroad is a major investment, and financial support plays a crucial role in making that dream achievable. This is why scholarships in Canada have become one of the most searched and trusted options for international students. Canada is globally known for its high academic standards, inclusive society, strong job market, and transparent immigration system.
With government-funded scholarships, university-based merit awards, and research funding opportunities, scholarships in Canada in 2026 allow students to reduce tuition fees significantly while gaining access to world-class education and long-term career prospects. For students from Bangladesh, South Asia, Africa, and the Middle East, Canada offers an ideal balance of affordability, quality, and future security.
Why Choose Canada for Scholarship-Based Study?
1. World-Class Education System
Canada’s public universities consistently rank among the top institutions worldwide, offering research-driven and industry-aligned programs.
2. Wide Availability of Scholarships
From entrance scholarships to fully funded research grants, scholarships in Canada options are available at undergraduate, master’s, and PhD levels.
3. Strong Job Market & PR Pathways
International students can work during studies and stay back after graduation, making Canada one of the most immigration-friendly countries.
4. Safe, Multicultural & Student-Friendly
Canada is known for its safety, diversity, and welcoming attitude toward international students.
5. Globally Recognized Degrees
Canadian qualifications are accepted worldwide and highly valued by employers.
Types of Scholarships in Canada (2026)
Understanding scholarship categories is essential when applying for a scholarship in Canada.
| Scholarship Type | Coverage | Study Level |
|---|---|---|
| Government Scholarships | Tuition + stipend | Master’s, PhD |
| University Entrance Scholarships | Partial tuition | Bachelor’s |
| Merit-Based Scholarships | 20%–100% tuition | All levels |
| Research Scholarships | Tuition + living allowance | Research Master’s, PhD |
| Provincial Scholarships | Tuition support | Selected provinces |
Major Government Scholarships in Canada
| Scholarship Name | Coverage |
|---|---|
| Vanier Canada Graduate Scholarships | CAD 50,000/year |
| Canada-ASEAN Scholarships | Tuition + living |
| Banting Postdoctoral Fellowships | CAD 70,000/year |
| Mitacs Globalink | Research stipend |
These programs make scholarships in Canada especially attractive for high-achieving students.
Best Courses to Study with Scholarship in Canada
Canada prioritizes future-oriented and labor-market-driven disciplines. The following programs offer strong scholarship availability and employment outcomes:
| Field of Study | Popular Programs | Career Scope |
|---|---|---|
| Engineering | Civil, Electrical, Mechanical | Engineer, Project Manager |
| Computer Science & IT | AI, Data Science, Cybersecurity | Software Developer, Analyst |
| Business & Management | MBA, Finance, Accounting | Business Analyst, Consultant |
| Health Sciences | Nursing, Public Health | Healthcare Professional |
| Environmental Studies | Sustainability, Climate Science | Environmental Consultant |
| Agriculture & Food Science | Agribusiness, Biotechnology | Researcher, Technologist |
Top Universities Offering Scholarships in Canada
Canada’s leading universities provide generous scholarships in Canada opportunities for international students.
| University | Global Reputation | Location |
|---|---|---|
| University of Toronto | Top 25 worldwide | Ontario |
| University of British Columbia | Research excellence | British Columbia |
| McGill University | Medicine & arts | Quebec |
| University of Alberta | Engineering & energy | Alberta |
| University of Waterloo | IT & co-op programs | Ontario |
Cheapest Universities in Canada with Scholarships
Students seeking affordable scholarships in Canada options should consider these institutions:
| University | Average Tuition After Scholarship (CAD/year) |
|---|---|
| Memorial University of Newfoundland | 10,000–15,000 |
| University of Prince Edward Island | 13,000 – 17,000 |
| Brandon University | 14,000 – 18,000 |
| University of Winnipeg | 15,000–19,000 |
| Cape Breton University | 16,000–20,000 |
Tuition Fees in Canada (2026 Overview)
| Level of Study | Tuition Fees (CAD/year) |
|---|---|
| Diploma | 10,000–18,000 |
| Bachelor’s Degree | 15,000 – 30,000 |
| Master’s Degree | 17,000 – 35,000 |
| MBA | 30,000 – 55,000 |
| PhD (with scholarship) | Often fully funded |
A scholarships in Canada can reduce these costs by 25% to 100%.
Living Cost in Canada for International Students
| Expense | Monthly Cost (CAD) |
|---|---|
| Accommodation | 600 – 1,200 |
| Food | 250 – 400 |
| Transportation | 100–150 |
| Utilities & Internet | 120–180 |
| Miscellaneous | 150–250 |
| Total Average | 1,200 – 2,200 |
Job Opportunities While Studying in Canada
Part-Time Work
International students can work up to 20 hours per week during academic sessions.
Common student jobs:
-
Retail assistant
-
Restaurant staff
-
Warehouse associate
-
Campus support roles
Average Pay: CAD 15–20 per hour
Career Opportunities After Graduation
Graduates with scholarships in Canada backgrounds often work in:
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IT & software companies
-
Engineering & construction firms
-
Healthcare institutions
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Financial & consulting firms
Average Graduate Salary: CAD 50,000–85,000 per year
Higher Studies & Research Opportunities
Canada is a global leader in funded research education.
| Study Level | Funding Availability |
|---|---|
| Master’s by Research | Partial / full funding |
| PhD | Fully funded (Vanier, university grants) |
| Postdoctoral Research | Competitive fellowships |
Admission & Scholarship Requirements
| Requirement | Bachelor’s | Master’s/PhD |
|---|---|---|
| Academic Result | HSC / A-Level | Bachelor’s/Master’s |
| English Test | IELTS 6.0–6.5 | IELTS 6.5–7.0 |
| SOP / Research Proposal | Required | Mandatory |
| Academic Merit | Medium | High |
PGWP Eligibility Guide 2026
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Degree Holders (Bachelors/Masters/PhD): Remain fully exempt from field-of-study restrictions. You can graduate in any subject and receive a PGWP for up to 3 years.
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College/Diploma Students: You must graduate from one of the 1,107 eligible programs linked to long-term labor shortages (healthcare, STEM, trades, agriculture, and transport).
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Curriculum Licensing Warning: Students at private colleges delivering public college curriculum are no longer eligible for a PGWP in 2026.
The 2026 National Study Permit Cap
The most significant policy for 2026 is the national cap of 408,000 study permits. This figure represents a 7% reduction from 2025 and covers both new arrivals and in-country extensions.
2026 Intake Breakdown
| Category | 2026 Target Permits | Visa Requirement Note |
| New International Students | 155,000 | There is high competition for these spots. |
| Extensions (Current Students) | 253,000 | Generally easier to process |
| PAL-Required (Undergrad/Col.) | 180,000 | A provincial attestation letter is required. |
| PAL-Exempt (Masters/PhD) | 49,000 | Faster, direct application to IRCC |
Frequently Asked Questions – Scholarships in Canada
Q1: Can international students get fully funded scholarships in Canada?
A: Yes, PhD and research programs often offer fully funded scholarships covering tuition and living costs.
Q2: Is scholarship in Canada available for Bangladeshi students?
A: Yes, Bangladeshi students are eligible for both government and university scholarships.
Q3: Does scholarship in Canada cover living expenses?
A: Fully funded scholarships include living allowances, while partial scholarships mainly reduce tuition fees.
Q4: Is IELTS mandatory for Canadian scholarships?
A: Most scholarships require IELTS, though some universities accept MOI or pathway programs.
Q5: Which intake is best for scholarships in Canada?
A: September and January intakes offer the highest number of scholarship opportunities.
Q6: Can I switch from a visitor visa to a student visa inside Canada?
A: In 2026, “onshore switching” is heavily restricted to prevent visa hopping. It is highly recommended to apply for your study permit from your home country.
Is Scholarship in Canada Worth It?
Without doubt, scholarships in Canada are one of the most valuable opportunities for international students in 2026. With globally ranked universities, affordable education through scholarships, strong job markets, and clear post-study immigration pathways, Canada stands out as a top destination for long-term success.
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