Student Scholarships, Bursaries and Loans - BCom - Bachelor of Commerce Scholarship Guide
Student Scholarships and Student Bursaries
Entrance scholarships for students entering Bachelor of Commerce (BCom), Bachelors of Business Administration (BBA), economics or management programs from high school and other post-secondary institutions are typically awarded to outstanding new students. Bursaries are available to students and are more typically based on a combination of academic achievement and financial need and/or achievement in other areas such as leadership and community service. These awards may be offered by high schools, university and college business schools and economics departments, professional organizations, local businesses and national chains, and charitable foundations. They may be available on a non-renewable or renewable basis.
- Start your search by talking to your high school career counsellor to learn what kinds of scholarships and bursaries are available for your particular business interest. Often high schools will offer awards to the best students or those most involved in club activities, which could include a business-, entrepreneurship- and economics-oriented clubs.
- Most business schools and economics departments offer entrance awards either directly through the school or through benefactors and foundations that support the school. You can contact an admissions advisor at the school or department itself or look on the school’s or department’s website to identify the awards that are offered.
- Many local businesses and national chains, and don’t forget your parents’ employers, will offer some kind of funding – either in the form of scholarships or bursaries. These businesses offer awards as a way of showing their support for the local community, so don’t overlook this opportunity.
- And don’t forget community groups in your home-town that are involved in the business of supporting business students (e.g., the Chamber of Commerce, Tourism Association, Business Development Association).
- Many professional organizations will provide scholarships as a way of promoting their profession and ensuring the development of future business professionals. These could include accounting advertising, economics, finance, marketing, public relations, and more!
- And finally, there are a variety of charitable organizations that provide literally millions of dollars of awards to post-secondary students ranging from local to national ones.
Student loans and grants is another type of financial aid and are available to both students and parents. Often payments do not begin until the student finishes their program and the interest rate on the program is commonly lower than for other types of loans. For students with no established credit record, it is usually easier to get student loans than other kinds of loans.
You can obtain information on the Canada Student Loans Program from your high school career counsellor or the university’s or college’s student services or financial aid department. As well, each province has a program that offers financial assistance to students.
Check out CampusStarter's database of Canadian Business Administration Schools and Programs to learn more about preparing for business school.
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