Loans Canada Financial Literacy Scholarship 2023-2024 | How to Apply

The application details for the Loans Canada Financial Literacy Scholarship 2023 are provided here. Eligible and interested candidates are urged to submit their applications online before the closing date in 2023. International students aspiring to pursue their Bachelor’s Degree in Canada are welcome to apply for this scholarship opportunity, available for the academic session of 2023.

Loans Canada Financial Literacy Scholarship 2023 Application Details

• Scholarship Details: Loans Canada’s Financial Literacy Scholarship is open to both part-time and full-time students, awarding a $750 scholarship each term (summer, fall, winter).
• Objective: The goal is to assist Canadians in making better financial decisions, emphasizing that financial literacy is crucial. The scholarship aims to encourage students to develop a mindful relationship with money early on in their lives.
• Award Criteria: $750 is awarded every semester to a student showcasing how financial literacy has positively impacted their life. Applicants are required to share their experiences in budgeting, saving, investing, debt repayment, scholarship applications, or how their side hustle has contributed to their financial well-being.
• Qualification Rules: The scholarship does not consider grades or GPA; instead, it focuses on the applicant’s financial management efforts and the positive impact on their life. There are no strict qualification rules, and the submission is open-ended without a minimum or maximum word count.

How to Apply For Loans Canada Financial Literacy Scholarship

• Visit the official website of Loans Canada Financial Literacy Scholarship to access the application form and additional information.
• Applications are accepted twice a year, and the application window chosen determines the round of participation.
• Application Rounds:
  • Round 1: December 1 – April 30 (Winner Announced on May 15)
  • Round 2: August 1 – November 30 (Winner Announced on December 15)
• Interested candidates should fill out the form on the official website and attach their financial literacy story for consideration.

Qualification Rules To be eligible for the Loans Canada Scholarship, applicants must:

• Be a Canadian citizen or permanent resident.
• Be 30 years old or younger.
• Be enrolled or accepted for enrollment as a full-time or part-time student in the academic year at an accredited post-secondary institution.
• Certify the accuracy of all information provided on the application form.
• Complete the application form available on the official website.

Note: Personal information provided, including email and phone number, will be used solely for communication regarding the scholarship and will not be shared with third parties or used for any other purpose. Withdrawal from the award is possible by contacting info@loanscanada.ca directly.

Download program details in PDF here.

Click Here to APPLY ONLINE.

Loans Canada Financial Literacy Scholarship Application Closing Date 2023

The Loans Canada Financial Literacy Scholarship application deadline is announced in the application form.