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University of Waterloo Scholarships 2026: Amount and Eligibility

Q: Ques: Does the University of Waterloo offer full scholarships?

Ans: The University of Waterloo does not offer full-ride scholarships that cover all tuition and living costs. However, it provides generous scholarships like the Faculty of Science awards (up to 80,000 CAD), Mathematics Global Scholarships (up to 40,000 CAD), and Engineering Entrance Scholarships (up to 20,000 CAD). Students in Co-op programs can also earn 9,600 to 22,500 CAD per work term to help cover expenses.

Q: Ques: Is it hard to get into the University of Waterloo?

Ans: Yes, it can be competitive to get into the University of Waterloo, especially for programs like Engineering, Mathematics, and Computer Science. International students usually need an admission average of 8590% or higher, along with good English language test scores. The overall acceptance rate of Waterloo Uni is around 53%. Some scholarships also require maintaining at least an 80% average.

Q: Ques: Is the University of Waterloo expensive?

Ans: Yes, studying at the University of Waterloo can be expensive for international students, with tuition fees ranging from 26,052 to 77,350 CAD (16.07 to 47.71 lakhs INR) per year, depending on the course. However, students can receive scholarships worth up to 80,000 CAD and earn through Co-op work placements, which can significantly reduce overall costs.

Waterloo, OntarioLocation

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Shahid Mustaq Murshed

Study Abroad Content Specialist | Updated 3+ months ago

The University of Waterloo offers over 80,000 CAD in scholarships to high-achieving international students every year. It makes Waterloo one of Canada’s most generous institutions for merit-based aid. From entrance awards to faculty-specific scholarships and India-focused schemes, students can access financial support without the need for a separate application for most of the University of Waterloo scholarships 2025.

Key scholarships include the International Student Entrance Scholarship (worth 10,000 CAD), Faculty of Mathematics Global Scholarships (up to 40,000 CAD), Faculty of Science International Scholarships (up to 80,000 CAD), and Engineering Entrance Scholarships (up to 20,000 CAD). Additionally, University of Waterloo scholarships for Indian students such as Mathematics International Excellence and Elite Awards, offers between 20,000 to 40,000 CAD.

Whether you're eyeing undergraduate programs in Engineering, Mathematics, or Science—or planning to pursue Waterloo’s unique MBET program—there are multiple funding options to ease the cost of studying in Canada.

Check Out: University of Waterloo Admissions 2025 and Acceptance Rate

Table of Contents

University of Waterloo International Scholarships
University of Waterloo Math Scholarships
University of Waterloo Scholarships for Environmental and Geological Engineering
Waterloo Engineering Scholarships
University of Waterloo MBET Scholarships
FAQs

University of Waterloo International Scholarships

Explore the University of Waterloo international students scholarships in the table below.

Scholarship	Programs or eligibility	Value	Application Requirement
International Student Entrance Scholarship	All programs International students admitted with an admission average of 90% or above will be considered	20 scholarships valued at 10,000 CAD each	No
Faculty of Engineering International Student Entrance Scholarships	Programs: Environmental Engineering and Geological Engineering	20,000 CAD (over two years)	No
Faculty of Engineering International Student Entrance Scholarships	Programs: Architectural, Biomedical, Chemical, Civil, Management, Nanotechnology, and Systems Design Engineering	10,000 CAD (for first year)	No
Faculty of Mathematics Global Scholarships	Most programs in the Faculty of Mathematics	Up to 10 valued at 12,000 to 40,000 CAD	Yes, by February 14, 2025
Faculty of Mathematics International Awards: India	Students from India applying to select programs in the Faculty of Mathematics	Up to 15 valued at 20,000 to 40,000 CAD	Yes, by February 14, 2025
Faculty of Science International Student scholarships	Most programs in the Faculty of Science	15 scholarships of 25,000 to 80,000 CAD	Yes, by April 4, 2025

Also Read: Scholarships in Canada for Indian Students

University of Waterloo Math Scholarships

Waterloo Math Scholarships are open to students in the Faculty of Mathematics studying on a Student Visa. These scholarships require the completion of an application form and mathematics scholarship paper. Waterloo Math Scholarships for Indian students are tabulated below.

Scholarships	Eligibility	Award Details
Mathematics Global Scholarships	International students in any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management)	Up to 10 scholarships of 12,000 to 40,000 CAD Distributed over 8 academic terms Must maintain a minimum 80% average and take five courses each academic term to receive payments after first year
Mathematics International Elite Awards: India	Indian students enrolling in any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management)	5 scholarships of 40,000 CAD Two equal payments in first year
Mathematics International Excellence Awards: India	Indian students enrolling in any Faculty of Mathematics program (except Software Engineering or Computing and Financial Management)	10 scholarships of 20,000 CAD Two equal payments in first year

University of Waterloo Scholarships for Environmental and Geological Engineering

Eligible students can get up to 20,000 CAD in Waterloo Uni’s Environmental and Geological engineering scholarships. No separate application is required to apply for this scholarship.

Award Details

5,000 CAD per term for up to 4 academic terms for a total of 20,000 CAD (or 10,000 CAD per year).
If your chosen course is a Co-op program, additionally you can earn between 9,600 to 22,500 CAD (5.92 to 13.88 lakhs INR) per four month Co-op work term (most students have 5 or 6 Co-op work terms).
Payments after first-year are dependent on maintaining an 80% overall cumulative average and full-time enrollment in the program you were admitted to.

Eligibility Criteria

Full-time international undergraduate students entering full-time studies in the first year.
Studying on a study permit or Canadian Student Visa and paying international tuition fees.
No minimum admission average and an application is required.
Candidates must accept their offer of admission by the offer of admission confirmation deadline.

Note: Scholarships will be revoked for students who do not accept their offer of admission by that date.

Waterloo Engineering Scholarships

Apart from the Environmental and Geological Engineering scholarships, Uni of Waterloo also offers scholarships for the following Engineering programs:

Architectural
Biomedical
Chemical
Civil
Management
Nanotechnology and
Systems Design Engineering

Award Value

The award value of Waterloo engineering scholarships are 5,000 CAD per term in the first year for a total of 10,000 CAD.
If your chosen course is a Co-op program, additionally you can earn between 9,600 to 22,500 CAD (5.92 to 13.88 lakhs INR) per four month Co-op work term (most students have 5 or 6 Co-op work terms).

Eligibility Criteria

Full-time international undergraduate students entering full-time studies in the first year.
Studying on a study permit and paying international tuition fees.
No minimum admission and application is required.

Note: Candidates must accept their offer of admission by the offer of admission confirmation deadline. Scholarships will be revoked for students who do not accept their offer of admission by that date.

Also Read: University of Waterloo Engineering Programs

University of Waterloo MBET Scholarships

Instead of an MBA, the University of Waterloo offers MBET (Master of Business, Entrepreneurship and Technology) programs through its Conrad School of Entrepreneurship and Business.

All full-time MBET students will automatically be considered for the following scholarships upon acceptance into the MBET program. There is no further application process. Full-time MBET applicants must complete their applications by June 1 each year, to be considered for Waterloo University entrance scholarships.

Ross and Doris Dixon Scholarship: Two scholarships of 6,000 CAD each
Wesley M. Nicol MBET Scholarship: 10,000 CAD
WJ Beynon Memorial Scholarship: 10,000 CAD
GMAC MBET Scholarship: 2 Scholarships of 5,000 CAD Each
Greg Kiessling MBET Scholarship: 5,000 CAD
Conrad Family Scholarships: 5,000 to 20,000 CAD
The Norman Esch Entrepreneurship Scholarship: 3 Scholarships of 10,000 CAD each

Note: All the MBET scholarships are awarded based on merit and specific criteria requested by donors. However, the primary consideration for eligibility is your undergraduate average.

The university offers major scholarships for prospective undergraduate students only. University of Waterloo masters scholarships for international students are available to current graduate students only.

FAQs

Ques: Does the University of Waterloo offer full scholarships?

Ans: The University of Waterloo does not offer full-ride scholarships that cover all tuition and living costs. However, it provides generous scholarships like the Faculty of Science awards (up to 80,000 CAD), Mathematics Global Scholarships (up to 40,000 CAD), and Engineering Entrance Scholarships (up to 20,000 CAD). Students in Co-op programs can also earn 9,600 to 22,500 CAD per work term to help cover expenses.

Ques: Is it hard to get into the University of Waterloo?

Ans: Yes, it can be competitive to get into the University of Waterloo, especially for programs like Engineering, Mathematics, and Computer Science. International students usually need an admission average of 85–90% or higher, along with good English language test scores. The overall acceptance rate of Waterloo Uni is around 53%. Some scholarships also require maintaining at least an 80% average.

Ques: Is the University of Waterloo expensive?

Ans: Yes, studying at the University of Waterloo can be expensive for international students, with tuition fees ranging from 26,052 to 77,350 CAD (16.07 to 47.71 lakhs INR) per year, depending on the course. However, students can receive scholarships worth up to 80,000 CAD and earn through Co-op work placements, which can significantly reduce overall costs.

University of Waterloo Scholarships: Students' Opinion

AI-Generated Summary based on 58 Reviews

The University of Waterloo offers various scholarships to students, with some based on merit and others on specific achievements or criteria. Notable scholarships include the President's Scholarship of Distinction for students with a high school admission average greater than 95%, valued at CAD 2000, and the International Masters Student Award worth CAD 15,000. Additionally, the Mathematics International Students Entrance Scholarship is valued at CAD 5000, while the International Student Entrance Scholarship, valued at CAD 10,000, is designated for specific programs like Computer Engineering.

Graduate students can benefit from a Graduate Research Scholarship of CAD 25,000 per year for international PhD students, and a Graduate Research Scholarship of CAD 8000 for master's students, recommended by supervisors. There are limited scholarship opportunities for MEng students. Scholarships such as the Mitacs GGF scholarship (CAD 15,000) and the ECE Master of Engineering Award of Excellence and Scholarship (CAD 1000) are also available. The Business Plan scholarship offers CAD 10,000, requiring a successful business plan pitch.

Overall, international scholarship opportunities range from CAD 2000 to CAD 5000, and major scholarships like NSERC and SCHERC require Canadian citizenship.

By Collegedunia’s Personal AI

Scholarships offered

Cotton Family Women in Mathematics Graduate Scholarship

International Student Eligible: Yes
Amount: $3,000
Type: College-Specific
Level of Study: Doctorate
Number of Scholarships: 1

QNX Graduate Scholarship

International Student Eligible: Yes
Amount: $10,920
Type: Awards
Level of Study: Doctorate
Number of Scholarships: N/A

The Anish Chopra Masters of Accounting Scholarship

International Student Eligible: Yes
Amount: $5,000
Type: Awards
Level of Study: Master
Number of Scholarships: N/A

Arthur F. Church Mechanical Engineering Scholarships

International Student Eligible: Yes
Amount: $10,000
Type: College-Specific
Level of Study: Bachelor
Number of Scholarships: 2

Hira and Kamal Ahuja Award in Engineering

International Student Eligible: Yes
Amount: $7,272
Type: College-Specific
Level of Study: Doctorate
Number of Scholarships: N/A

A.B. McKie Memorial Scholarship

International Student Eligible: Yes
Amount: $712
Type: College-Specific
Level of Study: Bachelor
Number of Scholarships: 2

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University of Waterloo... Possibly the best you can get in Canada.

Likes

Although I didn't get admission in the co-op program, the co-op program here at Waterloo should be one of the best in the entire world. Where if you are doing your bachlor's you can have up to 4 4 months of internships when you graduate.
Professors are extremely good and plenty of research opportunities.
Startup culture

I had a friend who was studying at the same university so I found the accommodation off-campus through him. I am paying 500 CAD for sharing a master bedroom. Utilities were about 50-60 CAD. And 15 dollars for wifi.

academic: 10/10

faculty: 10/10

infrastructure: 10/10

accomodation: 8/10

placement: 10/10

extracurricular: 10/10

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Lakshit Madaan

University of Waterloo( Enrolled 2022 )M.Bus Entrepreneurship and TechnologyJune 6, 2025

8.7 /10

My Masters in University of Waterloo experience

Likes

Exposure to Waterloo's startup ecosystem
Campus facilities in terms of extra circular activities
Diverse culture

Dislikes

Burnout, it is tough to survive in a competitive environment as an international student,
Less part time jobs were available,
High cost of living,

Scholarship

Usually when you are about to start the course, there is an opportunity to get the scholarship; it is called the Business Plan scholarship, in that you have to pitch a business plan based upon some criteria, and if you clear that, you get a CAD 10,000 scholarship.
In my batch, 2 students were only able to get that. on an average mostly 2 or 3 students can avail themselves of this opportunity.

I found my accommodation on Facebook Marketplace. Normally everyone there uses FB marketplace for finding listings. Rent ranges from CAD 800 to 900 for a private room, which includes utilities. Sometimes they are separate, like hydro, water, etc. laundry services you have to pay for depending upon the building. My accommodation was on Lester St; it was a 7-minute walk from my class.

academic: 8/10

faculty: 10/10

infrastructure: 10/10

accomodation: 6/10

placement: 8/10

extracurricular: 10/10

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Vinayak Gajendra Panchal

University of Waterloo( Enrolled 2023 )MEng Electrical and Computer EngineeringMay 7, 2025

9.3 /10

My Masters in University of Waterloo Experience

Likes

Flexibility is choosing the subjects and specialization, even though the degree says Electrical and Computer Engineering, students here can choose few subjects from different department, no pressure of choosing department specific subjects.
Courses here are not too theoretical, they are a mix of theory and practical assignments.
The curriculum is up to date with incorporation all the recent technologies out in market in the assignments and projects.

Dislikes

Limited campus housing for Masters students, so tough competition to get campus housing, mostly will have to live in rented apartment/house which can cost more than campus housing.
Limited opportunities of Teaching Assistants for Engineering Master students, since its mostly given to PhDs and Master of Science students.
Campus has limited food joints, they are expanding though, but felt i had less options.

Scholarship

Yes, I received a scholarship during the course; it was an academic excellence scholarship. The name of the scholarship is the ECE Master of Engineering Award of Excellence and Scholarship.
Award amount is 1000 CAD
One of my friends did receive one; this scholarship is given top 3 students who scored highest in their previous semesters.
Since people can graduate in any of the 3 semesters in a particular year, the top 3 students per semester.

When I was a student, i used to live near the university, not in campus housing, as it was tough to get into. I and a friend rented an apartment for the first 8 months, and then for the next year, 4 friends rented a whole house with 2 bedrooms, 1 hall, and 1 kitchen. We found both the accommodation through facebook marketplace.
First apartment rent was 600 CAD per month; second house per head rent was 550 CAD per month excluding the utilities. After including the utilities, it can be 700-750 CAD for both the accommodations
Winter was the major challenge in finding the apartment, Canada's winter being harsh and we had to visit before confirming the rental place; it was tough to travel in such harsh winter.
Try your luck in campus housing; if not, stay near the university for the university vibe, though rent would be higher but would be helpful in winters.
Both the accommodations were a 10-min bus ride to the university or a 20-min walk to the university. Most Indian students stay near the university.

academic: 10/10

faculty: 10/10

infrastructure: 10/10

accomodation: 8/10

placement: 10/10

extracurricular: 8/10

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Vaishnav Mandru

University of Waterloo( Enrolled 2023 )IELTS Score : 7Bachelor of Computer Science [B.C.S] co-op,on-campus [id: 1]February 27, 2025

9.3 /10

Vibes at campus : University of Waterloo

Likes

The Profs are extremely nice and accommodating. They host weekly office hours if you have any doubts or if you are unable to understand a concept and explain things really well. They also have Teaching assistants helping you when they are not available and everyone is well trained. So you will face no difficulty for finding help.
Waterloo has a robust co-op program, where you have to do at least 5 internships, allowing you to have real-life experience before you even graduate making it easy to get a job in this market. What makes it even better is all the internships you do, you are going to find them yourself, which indirectly helps you understand and experience job hunting, interviewing etc... at a early stage so you don't have to suffer later on.
The startup culture here is something that I like a lot. Everyone is trying to invent something new and people who did invent are trying to pitch it to investors and get their product in front of customers, not caring whether it will work or fail and so this entire face-paced process at startups is something that I have experienced and love a lot.

Dislikes

The Curriculum as interesting as it is, it is also extremely hard. They constantly challenge you with assignments, quizzes, midterms, essays and a lot more, most of them being due at the end of the week. So, people usually get overwhelmed and burnt out by the end of the week, everyone just looking forward to the weekend. But not to rest but to slowly do their assignments instead of doing it in a rush, along with going to class during the weekdays.
The food is extremely costly. I wish I could eat out every single day because it is quite hard to cook or meal prep for the week when you have a really hard curriculum but that is not possible. Since most food places cost a lot to pay for, you are usually forced to cook at the starting of the week for the entire week, taking out time from your busy schedule.
The university is set in a small city. So if you do have some free time, there's not much to do around here except going out for bowling or clubbing.

Scholarship

Yes. I received a scholarship when I was in my first year. The name of it was University of Waterloo President's Scholarship of Distinction and you require a 95% average or above in high school to receive that scholarship.
I received 2000 from it. Yes, some of my batch mates received that scholarship as well. I wouldn't exactly know how many students on average receive scholarships each year since that information isn't available to the public but there are very less scholarship opportunities for international students and they usually range from 2000-5000 CAD.

First year was On-Campus, then Off-campus. To find places off-campus there are several stuff you can do, Facebook Marketplace and some other Canadian housing boards.
My monthly rent was 800 per month but it doesn't remain constant since your mostly moving houses your entire university life because of your co-op program you really dont stay constant at one house.
The challenges I experiences were mostly price related, most of the houses are pretty costly.
I would say, a recommendation I would give is to definitely thoroughly checkout the place before you move forward with a house since I have faced some issues in the past when I did it once.

academic: 8/10

faculty: 8/10

infrastructure: 10/10

accomodation: 10/10

placement: 10/10

extracurricular: 10/10

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Suraj Raju Guntimadugu

University of Waterloo( Enrolled 2021 )MEng Electrical and Computer EngineeringJanuary 22, 2025

9.0 /10

University of Waterloo chronicles

Likes

- Great community and diversity
- Excellent quality of education (especially for CS related)
- Transit connectivity and infrastructure of the university buildings

Dislikes

- Cultural and Fun activities
- Personal connection with faculty
- Difficult coursework

I found accommodation via a friend of mine. There are so many agencies in the city that help with finding accommodation, but usually expensive.
My rent was $450 on sharing basis when i came in, but changed to $720 when i switched to a different place. Lots of facebook and whatsapp groups. Be cautious when using portals like kijiji or giving out money to some agency,

academic: 10/10

faculty: 8/10

infrastructure: 10/10

accomodation: 8/10

placement: 10/10

extracurricular: 8/10

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Jenny Ran

University of Waterloo( Enrolled 2020 )B.Math StatisticsJuly 22, 2024

7.5 /10

Day In The Life of A University of Waterloo Student

Likes

The math faculty offers many fantastic events and activities to help its students destress and socialize. The faculty members and staff are also the best I’ve ever seen.

Dislikes

Students can be more academically competitive, which is not great for mental health at times. If you are prone to stress and criticism, another university might be a better option.

Scholarship

Merit Scholarship ($1000) for entry average above 85%.

I chose this university because of rigorous academic abilities, similar culture, friends attending, good co-op program. Overall, I’m really glad I chose to attend the University of Waterloo. The academic culture pushes you to succeed, and many people are very supportive and helpful. It’s a nice city that doesn’t have too many distractions.

academic: 8/10

faculty: 7/10

infrastructure: 6/10

accomodation: 7/10

placement: 8/10

extracurricular: 9/10

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Aneesh Aravind Rajendran

University of Waterloo( Enrolled 2022 )M.SJuly 18, 2024

8.5 /10

Life at University of Waterloo

Likes

The university has a flexible curriculum and offers a wide variety of courses to choose from.
The most interesting part about the University is its Co-op program which helps students gain industry experience as a part of their studies.
The University is the best for start-up culture. You get to participate in a lot of events aimed at entrepreneurship.

Dislikes

Some courses are not deep enough for a Master's level of degree.
The student accommodation is difficult to bag.
There are not many scholarships for master's students unless you do a research-based program.

I wanted to do an MBA but needed more experience. This University offered a similar course in Engineering. With its high industry connections, it provided quality co-op programs that enabled me to secure a job. The overall experience is good. Connections are the major advantage of University of Waterloo. It has its very own reputation across the world. The fees, however, is insane.

academic: 8/10

faculty: 8/10

infrastructure: 10/10

accomodation: 8/10

placement: 9/10

extracurricular: 8/10

0 0

Arshia Mago

University of Waterloo( Enrolled 2022 )B.S PsychologyJuly 8, 2024

7.5 /10

UWaterloo Experience

Likes

A lot of extra resources for students to excel (to search for co-op internships etc.)
Flexibility in terms of choosing subjects
Professors are interesting

Dislikes

The Arts segment is not as focused on as CS/engineering
Infrastructure of the university could be better.
Extracurriculars are not that great.

I chose this university because of one of the main factor which is their coop program (one term study, next term internship, and so on). This gives me a lot of practical work experience. My overall experience at the University of Waterloo has been great. The students are mostly smart and helpful and make for good study partners. There is a lot of help available for those who require it, and the campus culture is good.

academic: 8/10

faculty: 8/10

infrastructure: 7/10

accomodation: 7/10

placement: 9/10

extracurricular: 6/10

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Priyanshu Singhal

University of Waterloo( Enrolled 2022 )B.Math Actuarial ScienceJuly 5, 2024

9.2 /10

My journey my college

Likes

I liked the teaching quality. The updated curriculum I've engaged with blends both traditional theories and the latest advancements.
Course is designed to ensure students not only grasp foundational knowledge but also actively participate in contemporary discourse.

Campus life at the University is vibrant and diverse offering a rich tapestry of experiences both inside & outside the classroom. The university boasts modern and well-equipped infrastructure, including lecture halls, research facilities, and libraries that cater to our academic needs. The campus buzzes with a lot of events and extracurricular activities throughout the year. These range from cultural festivals and arts performances to sports competitions and social gatherings, ensuring there's something for everyone to participate in and enjoy.

academic: 9/10

faculty: 10/10

infrastructure: 9/10

accomodation: 9/10

placement: 9/10

extracurricular: 9/10

0 0

Amandeep Kaur

University of Waterloo( Enrolled 2022 )MMath Computer ScienceJuly 5, 2024

9.2 /10

Navigating University of Waterloo: Grad perspective

Likes

University of Waterloo is known for its Computer Science faculty being the best in North America, studying here for the past 2 years, I would definitely agree to this statement. Professors are extremely knowledgeable, they have deep understanding of the concepts and the assignment test your skills effectively.
I would say, you would never be memorizing concepts instead learning the intuition behind it, so it stays with you forever.
UWaterloo also has many extracurricular activities spanning sports, dance, music and recreational activities, so I recall from my time at UW, I have attended sporting events, salsa-bachata, bhangra, Kpop dance sessions, in addition to doing stress busting activities like pot painting and Christmas card making. So, it's not just all study but UW community gives you a platform for going beyond books as well.

Dislikes

Study terms can be sometimes be stressful, especially, when preparing for mid-terms and finals, as the exam week might not have many study leaves, but if the student prepares well ahead in time, I think this can be overcome.

Scholarship

Yes, sorry cannot disclose.

I chose University of Waterloo for its Computer Science faculty, being the best in North America. I also received offer from my desired program (Masters with thesis), as I wanted to delve deeper into research. University of Waterloo is also reputable in the industry as it produces bright technological savvy minds, and I aspired to be one. Life at UW will be memorable if you know how to balance fun and studies together. The town of Waterloo is a student friendly place, affordable food options, and parks nearby, mostly, everything is at a walking distance from campus, if not our bus ride is also free in Waterloo.

academic: 10/10

faculty: 10/10

infrastructure: 10/10

accomodation: 6/10

placement: 9/10

extracurricular: 10/10

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