by Logan Bright | Oct 4, 2023
A full tuition waiver, or a “full ride” scholarship, is funding that covers the entire cost of your tuition, and may go even further than that, covering textbooks, housing, living expenses, and so on. These types of programs are relatively rare and highly...
by Logan Bright | Oct 4, 2023
Yes, the income received from scholarships is generally taxable, as it’s income you must declare on your taxes! Student loans are not considered income for tax purposes, though, and the interest you pay can be reclaimed via a tax credit.
by Logan Bright | Oct 4, 2023
Not required, no, but it’s definitely good practice. A quick thank you note, detailing what you’re up to, where you’re going, and how receiving the scholarship has helped, is a great idea, and helps encourage scholarship admins to continue supporting...
by Logan Bright | Oct 4, 2023
Full tuition waivers, or scholarships covering your full tuition amount, are rare in Canada. Some programs like the Loran Scholars and the Schulich Leaders might offer enough to cover all of your tuition, but they will be extremely competitive. Some colleges and...
by Logan Bright | Oct 4, 2023
If you take a gap year after high school, you will likely still be eligible for entrance scholarships. Different schools may have different restrictions, but in general, if you haven’t taken any post-secondary education before, you’ll still qualify as an...
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