University of Toronto — Scholarships and Financial Aid
The University of Toronto is one of Canada's leading research universities and distributes over $200 million in financial aid to students annually. Domestic students benefit from a range of automatic entrance awards, need-based bursaries, and work-study positions. International students may be eligible for the prestigious Lester B. Pearson International Scholarship, valued at approximately $100,000 over four years.
U of T awards entrance scholarships automatically based on your admission average.
- University of Toronto Scholars: Automatic recognition for students admitted with very high averages
- In-course awards: Over 700 scholarships and bursaries available once enrolled
- Faculty-specific awards: Many departments have their own entrance scholarships
- Renewable awards: Some awards are renewed annually based on academic performance
U of T's financial aid program provides substantial bursary support for domestic students with demonstrated financial need.
- Apply through UTAPS (University of Toronto Advance Planning for Students) + OSAP
- Average bursary package: ~$14,000/year for eligible students
- Emergency bursaries available for unexpected financial crises
- Application deadline: Typically in September for the fall term
International students have access to select scholarships at U of T, with the Lester B. Pearson being the most prestigious.
- Lester B. Pearson International Scholarship: ~$100,000 over 4 years; covers tuition, books, incidentals, residence; very competitive
- University of Toronto International Scholar Award: Partial tuition scholarship for high-achieving international students
- Nomination by secondary school required for Pearson — contact your school
Frequently asked questions
Related awards in our database
See allReady to find your funding?
Take our free 5-step quiz and get a personalized list of Canadian scholarships, grants, and bursaries matched to your exact situation.