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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.

International Student Admission Bursary

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 merit as well as demonstrated financial need. In all cases, qualified admitted students who meet the academic merit requirements of the bursary will be contacted directly and provided with a free CSS application code to complete the CSS Profile, which is administered by CollegeBoard.

Please note that scholarships and bursaries rarely cover the full cost of tuition and living expenses. International Student Admission Bursary decisions will be issued in April. For the Terms and Conditions of the International Student Admission Bursary, click here.


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 A&S website.

Entrance awards specific to Rotman Commerce

Donald S. McKeracher Scholarship in Rotman Commerce

Established under the Building Canadian Leaders Matching Scholarship Fund, the Donald S. McKeracher 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 Rotman Commerce. Special consideration will be given to academic ability, as well as the student’s involvement in sports/extracurricular activities/community engagement, and leadership.

Value: $1,000

The award is renewable on the basis of continued full-time registration in the program and a minimum annual GPA of 3.0. To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link. Short-listed candidates will be contacted to arrange for an in-person or telephone or Skype interview.

Kong Ming Lee and Yip On Lee Memorial Scholarship

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.

Value:

The value and distribution of each scholarship will depends on the annual income generated by the endowment which can range from $900- $4000

The scholarship is renewable on the basis of continued full-time registration in the program and maintaining a minimum GPA of 3.0.

Applications not required. Recipients will be selected through their applications to Rotman Commerce.

Frank William Moore Scholarship in Rotman Commerce

Established under the Building Canadian Leaders Matching Scholarship Fund, the Frank William Moore 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 students demonstrating academic ability, involvement in sports/extracurricular activities/community engagement and leadership, with preference for a University College student.

Value: TBD

The award is renewable on the basis of continued full-time registration in the program and a minimum annual GPA of 3.0. To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link. Short-listed candidates will be contacted to arrange for an in-person or telephone or Skype interview

Peter P. Copses and Judith V. Mueller 1980 Commerce Scholarship

The Peter P. Copses and Judith V. Mueller 1980 Commerce Scholarship is awarded to a full-time undergraduate student who is a Canadian citizen or permanent resident and entering Rotman Commerce. 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.

Value: $10,000

To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link. Short-listed candidates will be contacted to arrange for an in-person or telephone or Skype interview, and will be required to submit a short essay on the following topic. A free enterprise system improves society by giving individuals the freedom to use their innate abilities, education, and aspirations to create wealth and succeed in the business world. The Rotman Commerce program gives students the tools to use their abilities and maximize their opportunities for success. Discuss your vision of where you will be in the business world ten years after graduation, and how you will leverage the advantages of both the Rotman Commerce program and the free market system to achieve your goals.

Note: Essays will be assessed on how well they convey an understanding of the free enterprise system and how your goals fit into it. We are not looking for a simple indexing of what you will do in the program, but rather a discussion of how you anticipate taking advantage of the program’s offerings to build and develop the skills you need to succeed in your future ambitions.

The essay word limit is a maximum of 750 words.

RJS I-Think Scholarship

Awarded to a full-time undergraduate student who is entering any program and who has successfully completed the I-Think program in the Desautels Centre for Integrative Thinking at the Rotman School of Management. Preference will be given to an undergraduate who is entering the Rotman Commerce Program. The award is conditional on full-time registration at the University of Toronto in the fall of the year the scholarship is granted. The scholarship is renewable over the course of the recipient’s enrolment on the basis of continued full-time registration and maintaining a GPA of 3.0.

Value: Approximately $4,000 per year

To be considered for the award, applicants must submit a 250-word letter to the Awards Committee at i-think@rotman.utoronto.ca describing how Integrative Thinking has made a personal impact on the applicant, along with a letter of reference. More information on the award is available at http://www.rotmanithink.ca/scholarship/.

James Davie Bursary in Commerce and Finance

Awarded on the basis of financial need and academic merit to a student who has been admitted into first-year studies at Rotman Commerce.

Value: Approximately $1500

To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.

Fung Yiu King Memorial Scholarship

Established by the University of Toronto (Hong Kong) Foundation, the Fung Yiu King Memorial Scholarship is awarded to an undergraduate student who is a Hong Kong permanent resident (with no other citizenship in any other country), in any college or faculty, on the basis of financial need. Preference will be given to a student pursuing studies in Commerce. Academic excellence and community leadership will also be considered.

Value (approximate):

  • $13,000 Year One
  • $20,000 Year Two
  • $20,000 Year Three
  • $20,000 Year Four

The award is renewable on the basis of continued full-time registration in the Rotman Commerce program with satisfactory academic performance. To be considered for the award, applicants must apply to the U of T Hong Kong Scholarships. Further information on these scholarships is available at http://www.utoronto.com.hk/scholarships/scholarships.htm.

William Waters Commerce and Finance Award

Awarded on the basis of financial need and academic merit to a student who has been admitted into first-year studies at Rotman Commerce. Preference will be given to Woodsworth College students. Multiple awards available.

Value: Approximately $3000

To be considered for the award, applicants must complete the Awards Profile by logging into join.utoronto.ca and following the Awards Profile link.

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