The CIBC Commerce Scholarship
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.
This award is conditional on:
- Completion of your secondary school program with high academic standing and fully satisfying the conditions of your offer of admission to the Faculty of Arts & Science at the University of Toronto. The Faculty reserves the right to withdraw this award offer if these conditions are not satisfied.
- Full-time registration in first year studies in Rotman Commerce, St. George campus, in Year 1.
- Full-time registration in a Rotman Commerce program at the Faculty of Arts & Science, St. George campus, in Years 2, 3 and 4.
- This award is renewable for three additional years, provided you continue to be enrolled full time and maintain an annual GPA (AGPA) of 3.0 or higher. The renewal will be based on your final grades, and you will receive an email notifying you of your renewal eligibility in the following Summer term. Credits earned during Summer sessions and transfer credits are not considered.
Award renewal is based on your academic performance and compliance with the Terms & Conditions outlined above following your first, second and third consecutive year of study. The award may be withdrawn due to unsatisfactory academic performance.
Payment
Payment for admission awards is applied to your student account after your full-time registration and compliance with the above Terms and Conditions is confirmed, typically by mid-October.
Withdrawal or Transfer to Part-Time
Students are required to inform the Office of the Faculty Registrar, Arts & Science before dropping below full-time status. Students who withdraw or reduce their course-load below the threshold may be required to repay all or part of their award.
Additional Information
- For information about admission award conditions, please review the Frequently Asked Questions.
- For questions related to your award, please contact Undergraduate Awards, Arts & Science at undergrad.awards.artsci@utoronto.ca.
- You should consult your College Registrar’s Office if you have any questions or concerns regarding academic advising, financial matters and support services. You may also connect with academic advisors through the Rotman Commerce Academic Services team for access to a full range of supports to help you succeed in your studies.
