University · St. John's, NL
Memorial University Scholarships & Financial Aid
Memorial University of Newfoundland (MUN) offers one of the best value propositions in Canadian higher education: tuition of approximately $2,550/year — among the lowest in North America. Combined with entrance scholarships and Newfoundland Student Aid, many MUN students graduate with minimal or no debt.
Domestic tuition: ~$2,550/year (among lowest in North America)
Entrance scholarships: $1,000–$10,000+ based on admission average
Chancellor's Award: MUN's top entrance scholarship
NL Student Aid: Provincial loans and grants for NL residents
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Quick facts — Memorial University Scholarships & Financial Aid
Domestic tuition
~$2,550/year (among lowest in North America)
Entrance scholarships
$1,000–$10,000+ based on admission average
Chancellor's Award
MUN's top entrance scholarship
NL Student Aid
Provincial loans and grants for NL residents
Location
St. John's, Newfoundland and Labrador
Last verified
March 2026
Canada's lowest tuition
MUN's tuition is a major financial advantage:
- Domestic undergraduate tuition: ~$2,550/year — less than a quarter of what Ontario universities charge
- International undergraduate tuition: Also among the lowest for international students in Canada
- Low tuition combined with Canada Student Grants can make a MUN degree nearly free for many students
- Nursing and Engineering programs have slightly higher fees but are still extremely affordable
Pro tip: Use our free 5-step quiz to see which of these programs you're eligible for — and get a ranked list of matching scholarships, grants, and bursaries in under 3 minutes.
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Entrance scholarships
MUN offers entrance awards for incoming students:
- Automatic entrance scholarships based on admission average
- Chancellor's Award: MUN's top entrance scholarship for exceptional students
- Faculty-specific awards in Engineering, Science, and Business
- Provincial awards: NL residents may qualify for provincial scholarships through MUN
Tips for MUN students
Practical advice for Memorial students:
- Even with low tuition, apply for NL Student Aid — the grant portion is free money
- Out-of-province students: your home province's student aid can be used at MUN — and your loan-to-tuition ratio will be very favourable
- MUN's graduate funding is competitive — consider MUN for master's and PhD programs with excellent supervisor-student ratios
- St. John's has a lower cost of living than most major Canadian cities — your funding goes further
Frequently asked questions
Yes. Memorial University charges approximately $2,550/year for domestic undergraduate tuition, making it one of the most affordable universities in North America.
Yes. MUN's low domestic tuition applies to all Canadian students, not just NL residents. You don't need NL residency to benefit from the low tuition.
Yes. MUN offers co-op in Engineering, Science, Business, and other programs. Co-op work terms provide paid experience and are especially valuable for students in the oil and gas, ocean technology, and marine sectors.
Yes. Out-of-province students can use their home province's student aid (e.g., OSAP, StudentAid BC, Alberta Student Aid) at MUN. Your loan-to-tuition ratio will be very favourable given MUN's low tuition.
Yes. MUN provides graduate fellowships, teaching and research assistantships, and the Dean of Graduate Studies Award. Many research-stream graduate students receive full funding packages.
Official source:
Awards & Financial Aid – Memorial University
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Last verified: March 2026
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Always confirm details directly with the program provider before applying.
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