In addition to scholarships and awards, Canadian as well as international students have the ability to apply for financial aid:
Quebec Students
New McGill Full-Time MBA Quebec Resident Waivers are available, covering up to 75% of current tuition.ÌýTo beÌýconsidered a Quebec resident, students must meet all the criteria of one of the 14 situations outlined by the Quebec Government.ÌýMBA/Law program and the McGill-HEC Montréal EMBA program are exempted from this waiver.Ìý
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Canadian Students
Private institution credit lines and loans
Many students choose a credit line or loan to finance their MBA studies. The Desautels Faculty of Management has an exclusive partnership with Desjardins, Canada's largest financial cooperative group for Canadian citizens and permanent residents. These students can Ìýat the lowest financing rates in the country (prime), which includes student-specific financial products and services. Ìýexclusive to Desautels MBA students.
Government loans and bursaries
Many federal and provincial government institutions provide funding for students:
- The Canadian Government offers a variety of programs to help students finance their education. To learn more, visit theÌý.
- To learn more about provincial loan programs visitÌýMcGill's Scholarships & Student AidÌýsite.
- Quebec students wanting to learn more can visit theÌý.
Tax credits and RRSP withdrawals
All candidates should consult their tax advisor for further advice on their specific situation.
Tuition tax credit
Students may be eligible to claim a tuition tax credit, which allows students to reduce their income taxes by taking into account tuition fees.ÌýFor more information please visit theÌýÌýwebsite.
Note: Tuition fees paid by an employer on a student's behalf that are not included in income are not eligible for the tuition tax credit.
Education tax credit
Students may be eligible for an education tax credit.ÌýFor more information please visitÌývisit theÌýÌýwebsite.
RRSP withdrawals
The student or their spouse may be eligible to withdraw annual amounts of up to $10,000 from their RRSPs to finance the student’s MBA education. For more information,Ìý.
International Students
International students may want to consult the following list of funding opportunities. This listing is not exhaustive and we encourage prospective students to consult their home countries for more information.Ìý
Prodigy Finance
has been revolutionizing student finance with non-consigner loans and focuses on funding international students admitted into the world's top postgraduate business school programs. Loans are funded by our high-powered network of alumni, entrepreneurs and investors with an interest in your future. You can begin applying for potential loan that could cover up to 100% of your tuition.
Brazil
, Caixa postal 11.237, CEP:05422-970, São Paulo-SP, Brasil
Chile
, Moneda 1375, Santiago de Chile.ÌýMesa Central: 2 2365 4400
Colombia
,ÌýCarrera 17 No. 39A-00, Santa Fe de Bogota, Colombia
, Conserjeria para Estudios en el Exterior, Carrera 3, No. 18-32, Columbia
Denmark
,ÌýDanasvej 30, 1780 København V, Denmark, +45 3326 8600
Finland
,ÌýMuseokatu 8, A 1, 00100 Helsinki, Finland, +09 - 659 933
Georgia
,Ìý0102 Tbilisi, Dimitri Uznadze N 52, Tel: (995 32 2) 200 220
Germany
,ÌýKennedyallee 50 53175 Bonn, Postfach 20 04 04, 53134 Bonn, Deutschland
Iceland
,ÌýBorgartún 21, IS-105 ReykjavÃk, Iceland + 354-5-604000
India
,Ìý1419, Ansal Tower, 38, Nehru Place, New Delhi - 110019, India. Tel: (+91-11) 41831442, 41635588, 41635577 delhi [at] infozee.com
Italy
,ÌýUfficio Relazioni con il Pubblico,ÌýMinistero Affari Esteri,ÌýPiazzale della Farnesina, 00135 Roma,Ìý(+39) 06 36918899
LebanonÌý
Mexico
,ÌýAv. Constituyentes No. 1046, Col. Lomas, CP Mexico DF.
,Ìýla Tecnologia y la Ciencia, A.C., Mexico
Norway
,ÌýStorgata 19, 0184 Oslo, Norway, ansa [at] ansa.no
Singapore
,Ìý137 Telok Ayer St 02-00, Singapore 068602, +65 222 8212
United Arab Emirates
,ÌýP.O. Box: 214444, Building No. 26, 7th Floor, Dubai Healthcare City, Dubai, UAE.
United Kingdom
,ÌýThe Leverhulme Trust, 1 Pemberton Row, London EC4A 3BG, +0171 822 6952
United States of America
,Ìý350 Albert Street, Ste. 2015, Ottawa, Ontario, K1R 1A4, Canada info [at] fulbright.ca
, P.O. Box 9532, Wilkes-Barre, PA, USA 18773-9532