Scholarships & Awards
The University of Toronto, its Colleges, and its Faculties award over 4,400 admission scholarships and over 5,900 in-course scholarships every year.
You will be automatically considered for a number of admission awards when you apply to the University. However, several awards also require you to complete the University of Toronto Awards Profile, and/or a separate application. You may set up an Awards Profile on the JOIN U of T portal once you’ve completed your application to the University. Explore entrance awards specific to Rotman Commerce, as well as all the scholarships that U of T has to offer.
U of T International Scholar Award
The University of Toronto International Scholar Award is awarded to incoming international students upon registration in Rotman Commerce on the basis of merit and at the discretion of the program. The award is valued at $100,000 over four years of study: $40,000 upon admission and $20,000 renewable in years 2, 3, and 4 if you maintain eligibility. For the Terms and Conditions of this award, please visit here. These international scholarships are contingent on full-time registration at the Rotman Commerce and are not transferable to other campuses or faculties. For additional information about scholarships, please visit our FAQ page.
Rotman Commerce International Merit Admission Award
The Rotman Commerce International Merit Admission Award is offered upon admissions to selected International students on the basis of merit. Students are automatically considered for this award valued up to $50,000 over 4 years of study: up to $20,000 in the first year and renewable for $10,000 in the second, third and fourth years. Read the Terms & Conditions of this award.
International Financial Aid Application
The Faculty of Arts & Science has a limited number of admission scholarships available to international undergraduate applicants who have financial need. These are selected based on academic achievement as well as financial need demonstrated through the International Financial Aid Application, available to all international applicants through the JOIN U of T Portal. Canadian applicants (living in Canada or abroad) should not complete the International Financial Aid Application, as they are eligible for the University of Toronto Advanced Planning for Students Program (UTAPS) and other governmentally administered financial aid programs. International Financial Aid Application decisions will be issued in April. Please note that scholarships and bursaries rarely cover the full cost of tuition and living expenses.
Read the Terms & Conditions of the International Financial Aid Application.
We also recommend that you investigate scholarship or award opportunities in your own community. Some workplaces have scholarships for the children of employees, while many companies and community organizations offer application-based awards for which you may be eligible.
In-course scholarships
Students who excel in their academic course work may qualify for in-program scholarships. These scholarships are generally awarded by the University or by a Faculty or College, and are based on academic proficiency or achievements in particular areas.
Finally, each College at the University offers scholarships and awards for their students. You can learn more about these scholarship and award opportunities on the Arts & Science website.
Entrance awards specific to Rotman Commerce
Awarded based on academic merit to one to two domestic students (Canadian Citizens, Permanent Residents, Protected Persons or (Convention Refugees) admitted to first year studies in Rotman Commerce who self-identifies as Indigenous, Black, and/or a person with a disability.
Students will be awarded a total of $50,000 each, receiving $12,500 per year for each of their four years of study in the Rotman Commerce program. This award is renewable based on continued full-time registration in the Rotman Commerce program and a minimum annual GPA of 3.0.
The Building Canadian Leaders: Class of 1964 Scholarship in Rotman Commerce is offered based on academic merit to a domestic student with strong leadership potential who has been admitted into first year studies in Rotman Commerce, Faculty of Arts & Science, St. George campus.
To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.
You should consult an academic advisor at Rotman Commerce or your Registrar’s Office if you have any questions or concerns regarding academic questions, financial matters, and support services. Please be sure to inform your advisor that you are a recipient of a renewable scholarship.
The Building Canadian Leaders: Class of 1965 Scholarship in Rotman Commerce is offered based on academic merit to a domestic student with strong leadership potential who has been admitted into first year studies in Rotman Commerce, Faculty of Arts & Science, St. George campus.
To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.
The Building Canadian Leaders: Class of 1968 Scholarship in Rotman Commerce is offered based on academic merit to a domestic student with strong leadership potential who has been admitted into first year studies in Rotman Commerce, Faculty of Arts & Science, St. George campus. The total award value is up to approximately $13,500 and is determined based on the annual income earned from endowed funds.
You should consult an academic advisor at Rotman Commerce or your Registrar’s Office if you have any questions or concerns regarding academic questions, financial matters, and support services. Please be sure to inform your advisor that you are a recipient of a renewable scholarship.
Awarded based on academic merit to one to domestic students one domestic student entering the Rotman Commerce program who are is first generation in their family to attend university.
- Terms & Conditions coming soon!
Awarded to a full-time undergraduate student who is a Canadian citizen or permanent resident and entering the Rotman Commerce program. Preference will be given to a candidate who exhibits strong academic and business leadership potential and who values the opportunities presented by the free enterprise system. Eligible admitted students are invited to apply in the spring.
To be awarded to undergraduate students in the Faculty of Arts & Science upon admission who self-identify as Black and who have financial need. Preference will be given to students in the Rotman Commerce Program, but students who meet the criteria in other Arts & Science programs may also be considered, as required.
- Terms & Conditions coming soon!
The Building Canadian Leaders: The Victor G. Dodig Scholarship in Rotman Commerce provides recognition to an outstanding Rotman Commerce student admitted to St. Michael’s College at the University of Toronto.
To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.
Established under the Building Canadian Leaders Scholarship Fund, the Kong Ming Lee and Yip On Lee Memorial Scholarship is awarded on the basis of merit to a full-time, domestic undergraduate student with strong leadership potential who is admitted to or enrolled in the Rotman Commerce Program.
Special consideration will be given to academic ability, involvement in sports/ extracurricular activities/ community engagement and leadership.
The scholarship is renewable for an additional 3 years on the basis of continued full-time registration in the Rotman Commerce program and a minimum annual grade point average (GPA) of 3.0. The renewable value is determined by the annual income generated from endowed funds.
To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.
You should consult an academic advisor at Rotman Commerce or your Registrar’s Office if you have any questions or concerns regarding academic questions, financial matters, and support services. Please be sure to inform your advisor that you are a recipient of a renewable scholarship.
- Value: The value and distribution of each scholarship will depends on the annual income generated by the endowment which can range from $900- $4000
- Terms & Conditions
The Building Canadian Leaders: Donald S McKeracher Scholarship in Rotman Commerce is offered based on academic merit to a domestic student with strong leadership potential who has been admitted into first year studies in Rotman Commerce, Faculty of Arts & Science, St. George campus. The total award value is up to approximately $13,500 and is determined based on the annual income earned from endowed funds. Approximately $1,500 is awarded upon registration in year 1. The renewable amount is based on the annual income earned from endowed funds and is estimated to be approximately:
The Rotman Commerce Reunite Scholarship provides recognition to an outstanding Rotman Commerce student at the University of Toronto upon admission.
To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.
The Building Canadian Leaders: Professor John W L Winder Scholarship in Rotman Commerce, offered based on academic merit to a domestic student with strong leadership potential who has been admitted into first year studies in Rotman Commerce, Faculty of Arts & Science, St. George campus from outside of the Greater Toronto Area. The total award value is up to approximately $16,000, with approximately $4,000 awarded annually over 4 years of study if the Terms & Conditions are met. The annual award amount is determined by the income earned from endowed funds.
