The Ivey Business School recognizes the financial commitment required to pursue graduate studies. To help ease the burden, we are pleased to announce that the Ivey MSc Program has a number of scholarships available for outstanding MSc candidates.

Scholarships and Awards

To be eligible for Ivey Awards, please complete the "Apply for Awards" section on the MSc Program application. Award recipients will be notified along with their official MSc offer.

Richard Ivey MSc Excellence Awards 

Valued at up to $20,000, these awards are available to outstanding candidates pursuing the Ivey MSc program. All candidates are assessed on academic merit, leadership skills, and international engagement.

Financial Need Awards 

Valued at up to $20,000, these awards are available to candidates who indicate a significant financial need in their online application. Only candidates who complete the scholarship section of the application will be considered for these awards. Not all applicants who request a Financial Need Award will receive funding.

Bank Loans

Canadian Citizens & Permanent Residents

Ivey has developed the MSc Loan Program in partnership with a number of Canadian banks to create competitive loan packages for Ivey MSc candidates.

Repayment terms vary amongst institutions with some banks allowing individuals to make interest-only payments for twelve months following graduation. The loan resembles a personal line-of-credit where you are charged interest every month. The interest rates are competitive (presently prime + 1/2%; TD Canada Trust rate is prime + 0.0%). Each bank assesses your application against their lending criteria.

Each bank has designated one London branch to handle all Ivey MSc 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.

Bank Contact Email/Telephone Program Maximum
Bank Logo BMO Cathy Walker

cathy.walker@bmo.com

(519) 667-6308

$75,000
Carlos Toopitsin

carlos.toopitsin@bmo.com

(519) 667-7992

Bank Logo TD Christine Kostrzewa

christine.kostrzewa@td.com
519-673-6020 Ext. 250

(Richmond Gates Branch)

$48,000
Stephanie Clark

stephanie.clark@td.com
(519) 673-6020 Ext. 230

(Richmond Gates Branch)

Hasin Said

hasin.said@td.com
(519) 660-0070

(Masonville Mall Branch)

Peter Vergiris
Branch Manager

peter.vergiris@td.com

(Masonville Mall Branch)

Logo -RBC Laura Culliton

laura.culliton@rbc.com

519-660-4235

$70,000 with a 2-year grace period

No co-signer required. 

Corey Hutchinson

corey.hutchinson@rbc.com

519-660-7662

Bradley Baigent

bradley.baigent@rbc.com

519-660-4720

International Applicants

There are many additional sources that international candidates should explore for external financing options. Helpful resources include:

*Canadian embassies sometimes administer scholarships to students such as the Commonwealth Scholarship, or others that result out of an agreement between Canada and another country.

External Funding Opportunities

As aspiring leaders destined for career success, Ivey MSc applicants are competitive candidates for various external scholarship opportunities. We encourage all students to visit yconic, International Financial Aid and College Scholarships and Scholarships Canada. These sites contain numerous awards and one of them may be just right for you.

Government Funding

The Government of Canada and its Provincial Governments offer a variety of loan programs to help graduate students finance their studies. Learn more about:

Provincial Government Loans

OSAP assistance is available to Citizens of Canada or landed immigrants who are residents of Ontario. Students who do not meet the Ontario residency requirements are eligible for the Canada Student Loan. Visa students are ineligible to apply for these programs. Further information including details on eligibility requirements and how to apply are available on the OSAP website. The Government of Canada's CanLearn website provides a listing of contact information for the offices of all government student financial assistance programs. Please visit CanLearn to find your province or territory listing.

Life Long Learning Plan (LLP)

The Government of Canada implemented the Lifelong Learning Plan (LLP) to encourage higher education and training. The LLP allows you to withdraw up to $10,000 a year from your registered retirement savings plan (RRSPs) to finance training or education for you or your spouse or common-law partner. For further information on this plan, visit the government's website.