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By on March 11, 2015 in Saving Money, Scholarships
Image by Tax Credits, Flickr

Image by Tax Credits, Flickr

Your post secondary education might be the biggest bill you will have to pay for the next 10 years. At the same time as (if not before) filling in your university application, you need to think of how you will pay the ever increasing tuition fees. There are a variety of sources that can assist you in doing this, from your own savings, to grants, loans and scholarships offered through the government or private institutions.

The Financial Consumer Agency of Canada is a great resource and we’ve found a few pages that will help you out.

First, check out their recommendations on where to get money to pay for school.

The Government of Canada provides a number of programs that can help you pay a portion of your tuition fees through grants, bursaries or scholarships. Whether offered through governments, schools or private organizations, the money doesn’t necessarily have to be paid back like a student loan. Grants and bursaries are generally offered based on need, whereas scholarships are mostly offered based on merit (athletic, academic or other unique abilities).

Here are some ways to find grants, bursaries, and scholarships.

When looking for scholarships, be sure not to limit yourself. Another option is to browse scholarshipscanada.com, a database with scholarships, bursaries, grants and student awards. You do need to sign up for this service, but it is a great tool to not only determine which scholarship you would qualify for, but also to search for advice on how to submit a strong application.

Lastly, remember that saving money comes in more ways than just putting your paycheques into your bank account. Students are eligible for government tax credits which can save you a significant amount every year.

Check out these other relevant articles:

By on July 29, 2014 in Colleges, Universities
Source: elitedaily.com

Source: elitedaily.com

 
Planning to study an MBA in the US, but worried about the high tuition fees? If yes, it would be a treat for you to find a destination that offers an affordable and but quality MBA education!

Canada is one such popular study destination that is preferred by students across the globe. Studying next door to the US in Canada is a great idea for aspiring MBA students. The Canadian government is increasingly making efforts to attract more students. The post on canadainternational.gc.ca tells that the Government of Canada has introduced an ‘International Education Strategy’ to focus on maintaining the global position of the country in higher education.

Top Reasons to Choose Canada

Here we highlight the five key reasons that make Canada a perfect destination to pursue an MBA degree:

1) Affordable Fees
Studying management courses in Canada is considered more affordable than in the USA, Australia or the UK. The college fees as well as cost of living are comparatively lower in Canada. Moreover, the place has a life inside and outside your campus to explore different food, music, art, and adventures.

2) Quality Education
Quality education and excellent career opportunities are the primary reasons for pursuing higher education from the world’s best universities. Canadian MBA colleges and universities are some of the most preferred options due to the quality learning experience offered to students through an updated curriculum. Business schools in the country offer excellent infrastructure, exposure, and scholarships.

3) Full Value for your Money
Paying for your education is an investment for the future. When it comes to studying abroad, tuition fees become a huge financial undertaking for many students. Studying in Canada is a promise to receive the full return on your investment.

It is an opportunity to enhance your career prospects as degrees offered by Canadian universities and business schools are recognized globally. An MBA program in these institutions offers practical and theoretical knowledge to face the job market competition. Moreover, there is always a possibility for students to gain valuable work experience in the country through off-campus employment.

4) Global Ranking
Screen Shot 2014-07-28 at 11.22.19 AMMany prominent business institutions in Canada are featured in well-recognized global rankings such as Academic Rankings of World Universities, QS Research, and Times Higher Education.

On one hand, where MBA colleges in the US are ranked in top positions in the Top 100 Global MBA Ranking 2014 by Financial Times, the ranking of some of the Canadian business schools in the list are not small achievements.

5) Experience Multiculturalism
Another reason to study in Canada is the opportunity to experience living in a multicultural country. Moreover, it is a country with political stability and a peaceful environment with a low crime rate. The country has two official languages – French and English. This gives students an opportunity to develop new language skills.

Where to Study?

Canadian MBA schools are among the best universities and institutions in the world. Those interested in studying in the country can find several options. Some of the best include:

  • York University’s Schulich School of Business
  • Queen’s School of Business, Queen’s University
  • University of Toronto: Rotman School
  • Desautels School, McGill University
  • Sauder Business School, University of British Columbia
  • University of Alberta, Alberta School of Business
  • University of New Brunswick, Saint John Faculty of Business

Return on Investment (ROI) on education is an important factor that makes your college selection an important decision. This means that one should analyze the cost-benefit ratio of studying in a particular country and college. The ROI is high if your salary earned after completion of the course is higher than the cost of your program.

Some of the popular courses offered by business schools in Canada include MBA in International Business, Master of Science in International Business (MScIB), Executive MBA, Executive Management (EMBA), MBA in Community Economic Development, MBA in Financial Services, and MBA in Global Management.

Based on your career plans and area of interest, you can choose any such course offered by the top colleges. Studying abroad is a great way to gain global exposure and step into your desired career.

This article was submitted by Swati Srivastava.