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Our Funding Commitment

All students receive a five-year funding package totalling $172,500, comprising a minimum of $37,000 per year for the first four years and $24,500 in year five. Funding support packages may come from a variety of sources and can differ from student to student. Funding sources include scholarships, graduate fellowships, and part-time employment such as Graduate Teaching Assistantships or Graduate Student Assistantships/Research Assistantships. Students who receive major scholarships have funding packages  that exceed the minimum guaranteed amount. The exact amount of your funding package will be set out in your offer of admission. 

In addition to your funding package, the program provides $8,000 over the course of your PhD career to support presenting research or serving as a discussant at eligible conferences, and an additional $3,000 to help defray expenses related to thesis research.

External Scholarships

Graduate funding at Western is adjusted when external scholarships are received, consistent with the standard practice across graduate programs. For Ivey PhD students, for example, receiving a Canada Graduate Research Scholarship - Doctoral (CGRS D) results in an internal funding reduction of $8,000, and receiving an Ontario Graduate Scholarship (OGS) results in an internal funding reduction of $3,000.

Internal Scholarships

Funding may also be available through Ivey's Centres and Institutes and through scholarships supported by donors including:

  • Brock Scholarships
  • C.B. (Bud) Johnston Ontario Graduate Scholarships
  • Chisholm Doctoral Scholarship
  • Dr. Alvin J. Silk Doctoral Scholarship
  • G. Mark Curry Doctoral Scholarship
  • George E. Connell Graduate Scholarship
  • Inkpen Seary PhD Award
  • John F. Rankin Doctoral Scholarship
  • Professor Al Mikalachki PhD Research Fund
  • S. Chum Torno PhD Scholarship
  • The Berdie & Irvin Cohen Fund for Doctoral Business Scholarship

Students who receive internal awards greater than $13,000 see an adjustment to their funding package based on the award amount.

Other Scholarships and Loan Options

Tuition and Fees

All PhD students must register and pay tuition and fees three times during the academic year (September, January and May). Tuition is set by Western University and is subject to change each year.

Average Cost of Living

Below is a summary on the costs associated with living in London and in other Canadian cities.

 

London

Toronto

Vancouver

Montreal

RENT
(1bed)

$1,929

$2,551

$2,728

$1,954

FOOD

$490.05

$547.27

$582.93

$533.17

Affordability Calculator

The Graduate Student Affordability Calculator is a tool intended to provide an accurate estimate of how much money is needed to pay for tuition, fees, housing, food, and many other necessities for a 12-month (three term) academic year.

Funding Partners

Ivey has also partnered with the BMO Bank of Montreal and TD Canada Trust to create loan packages for Ivey PhD students. Each institution has designated one London branch to handle all Ivey PhD loans. Not all students are eligible, so more information should be obtained as below:

Bank

Contact

Email/Telephone

Bank of Montreal

Laura Van

laura.van@bmo.com
(519) 667-6308

Other Resources for International Student Financing

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

  • Government of Canada – International Student Scholarships
  • Indian Association for Canadian Studies
  • scholars4dev - Scholarships 4 Students From Developing Countries
  • Canadian Embassies sometimes administer scholarships to international students (i.e. Commonwealth Scholarships) that resulted out of an agreement between Canada and another country
  • US students may apply to programs through the Federal Student Aid.

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