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Loans, Sponsorships, and Bursaries

Corporate Sponsorship

Your employer may recognize that sponsoring your tuition is an excellent investment in the strength of their organization. They may also be eligible to claim your tuition as a tax deduction. To learn more, contact Canada Revenue Agency.

If you require assistance demonstrating the value of sponsoring your tuition, please download our Executive MBA Corporate Sponsorship brochure. Please contact our office for guidance and support in presenting your case for sponsorship.

Bursaries & Scholarships

Travel and Accommodation Bursary Program

If your participation in the Ivey Executive MBA Program requires incurring major travel or accommodation costs, you may be eligible for subsidies.

  • Students travelling from > 100km from the GTA are eligible for accommodation reimbursement.
  • Students travelling from > 400km from the GTA, out of province, or, out of country are also eligible for travel reimbursements.

To find out if you qualify, please contact us.

EMBA Indigenous Learners Entrance Scholarships

Applicants who self-identify as Indigenous* Learners and who are admitted to the EMBA will automatically be considered for one of five EMBA Indigenous Learner Entrance Scholarships valued at up to $10,000.

All Ivey EMBA applicants who self-identify will be considered holistically for the Indigenous Learners Entrance Scholarship. We will take into account- past academic achievement, community contribution, career progression, and leadership experience.

*Indigenous refers to the Original People of Turtle Island (North America) including First Nations, Metis and Inuit people of Canada as well as Native American, Native Alaskan, and Native Hawaiian people from the United States.

EMBA Black Learners Entrance Scholarships

Applicants who self-identify as Black Learners and who are admitted to the EMBA will automatically be considered for one of five EMBA Black Learners Entrance Scholarships valued at $10,000. The award will be given to equity-deserving participants who self-identify as Black and we will take into account past academic achievement, community contribution, career progression, and leadership experience.

EMBA Not-for-Profit Entrance Scholarships

Applicants who are employed full-time by a registered charity or non-profit organization will be invited to submit an application for a not-for-profit scholarship at the time of their admission offer. The number of scholarships granted is at the discretion of the Admissions Committee. EMBA Not-For-Profit Entrance Scholarships are valued at $10,000.

Financing Options

There are applicants that, for a variety of reasons, choose to pay for the program personally, either partial or in full. In these cases, we strongly recommend that you explore your options with a financial planner.

Tuition Tax Credit

Ivey Executive MBA students who pay a portion or all of the program fees are eligible to claim a tax credit on the tuition component of their program fees. The tax savings is dependent on your personal income situation and we advise that you consult a financial advisor on the amount of savings in your particular case.

RRSP Life-Long Learning Program

You and your spouse may be eligible to make tax-free withdrawals from your RRSPs of up to $10,000 each to assist in financing the Ivey Executive MBA Program. You have to repay these withdrawals to your RRSPs over a period of no more than 10 years. To learn more about the Life-Long Learning program, click here

Preferred Loan Program

Ivey has developed the MBA Loan Program in partnership with a number of Canadian banks to create competitive loan packages for Ivey MBA candidates (EMBA/AMBA/MBA).

Repayment terms vary amongst institutions with some banks allowing individuals to make interest-only payments for 12 months following graduation. The loan resembles a personal line-of-credit where you are charged interest every month. The interest rates are competitive. Each bank assesses your application against their lending criteria.

Some banks have one designated one London branch to handle all Ivey MBA loans. This allows more personalized and efficient service for each student. We encourage you to compare the fees and terms of all student loan products in the chart found below, to determine which is best suited to your needs.

If you are working with someone at your own local branch, please ensure they contact the London Branch using the contact information below - not all branches are aware of these special rates.  

Bank

BMO logo

Contact

Laura Van
laura.van@bmo.com
519-667-6308

Program Maximum

Prime + 0.5%: up to $150,000 maximum.
Interest payments deferred until graduation, repayment of principal will begin 2 years after graduation
Some conditions may apply and vary


RBC logo

96 Fanshawe Park Road E Branch

Anessa Harb
athbaanessa.harb@rbc.com
(519) 675-2506

Adesola Omoniyi
adesola.omoniyi@rbc.com
(519) 661-1474

Kiranjot Singh
kiranjot.singh@rbc.com
(519) 842-7830

1265 Fanshawe Park Rd W Branch

James Kingsland
james.kingsland@rbc.com
(519) 680-6015

 

Prime: $125,000 maximum with a 2-year grace period.*

*Some conditions may apply and vary.


TD logo

Nelson Ceballos
Nelson.Ceballos@td.com
(519) 673-6020 ext 250

Danielle Rozario
Danielle.Rozario@td.com
(519) 673-6020 ext 251

$80,000 - $125,000* with a 2-year grace period.
Prime + 0%

Some conditions may apply and vary.


CIBC logo

Sarah Tang
sarah.tang@cibc.com
(519) 661-8182 ext. 210

Michelle Fermanov-Grdanoski
michelle.fermanov-grdanoski@cibc.com
(519) 661-8182 ext. 227

Prime + 0% Flexible Guideline of $125,000 1 year grace period post graduation with ability to retain as ongoing personal line of credit afterwards.

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