Finance Your Tuition At The University Of Waterloo

Isn’t it wonderful living life off the Great-Value products at Walmart, finding the cheapest cell phone plan, and constantly thinking, how am I going to arrange that next tuition payment? If you’re a student with burdening coursework who is also searching for an internship, here is a list of things you can invest your time in to help relieve the burden and finance your tuition at the University of Waterloo

NOTE: Some of the opportunities listed below may be influenced or impacted by COVID-19 restrictions. 

Apply For University Of Waterloo Scholarships:

The University of Waterloo boasts its scholarship database for students in any and all years completing their undergraduate degrees. It all depends on your will to apply! You’ve worked hard, got stellar grades, so why not boast them alongside varsity sports or cultural events you’ve taken part in? Check it out.

Think Co-op:

If you are currently at Waterloo or thinking about enrolling here, this might be the most conventional, yet successful way to earn. And also gain valuable experience to complement your undergraduate studies. The school has the best co-op program in Canada! So, you could earn anywhere from $42,000 to $90,000 throughout your experiences.

Go On An Exchange:

Waterloo has a lot of tie-ups with leading universities across the globe, going on an exchange or an international mobility program can help you save tuition. There is an ample amount of scholarships available to help propel student ambitions. Especially those who consider themselves experiential learners! Plus, alongside saving money, you earn credit and become eligible for a Global Experience Certificate.

Build Your Skillset, Part-Time:

This seems rather obvious. However, the student-run city of Waterloo has a large number of jobs on and off-campus where you can work for at least 4 months. Employers in the city are accommodative of all requests and class schedules; they understand that you are students and that coursework is your priority!

Still Falling Short? Apply For A Bursary:

You tried almost everything. You exhausted all your resources and still see yourself falling short. A bursary differs from a scholarship in that they are financially need-based rather than assessed on merit. Thus, by simply submitting your application to the Student Financial Aid department at Waterloo, you may see yourself receiving up to $6,000 for the four months.

Its Okay! I Can Get By With Government Loans And Grants:

You know that you’ve also got the government to help you. OSAP is very common for Ontario residents. However, as a student from out of province and the US, you can still apply for out-of-province aid. This helps you navigate your way out of this dilemma.

Student Banking With CIBC:

As a first-year student, every dollar counts. Why waste money on unnecessary banking fees, or time spent trying to find a banking center close to campus for your banking needs? That just wouldn’t make any cents (see what we did there?). 

When it comes to student banking, you probably want something that can not only offer exclusive student perks and benefits, but that’s also close and convenient. Plus, having an ATM close to you will definitely come in handy before you head out for a night on the town. 

So, where are the closest CIBC banking centers and ATMs near the Waterloo campus? 

Check out the CIBC University of Waterloo Banking Centre located on campus near the Student Life Centre, or ATMs located in South Campus HallWilliam Davis Building, and in the Student Life Centre

Before making an appointment with a financial advisor to discuss your banking needs, have a peek at some of the great products and student lines of credit available to you. Plus as an eligible student, when you open a CIBC student product you’ll also receive an automatic entry into Full Ride for a chance to win $35,000◊◊ towards tuition, and double your entries in Canada’s Luckiest Student

Now that you are all set with the different avenues to finance your academic ambitions, go while the sun shines! Navigating through this time and budgeting for various things doesn’t have to limit you from exploring and making the most of everything! Find ways to finance your tuition!

Speaking of getting ahead financially, we know something else that can help! You can save money on your everyday transaction fees by banking with CIBC. There’s even a banking center right on campus for extra convenience located in the Student Life Centre. That means if you ever need to speak with a financial advisor or get some extra in-person financial help, getting to a banking center is easy and painless! 

Learn more about the cash-back offers you can get when you open or sign up for a new eligible student account with CIBC on their website.

◊◊ NO PURCHASE NECESSARY. Open January 1st, 2021 to December 31st, 2021 to legal residents of Canada who are sixteen (16) years of age or older and are current students of an accredited Canadian university, college or secondary school. One (1) Grand Prize available to be won consisting of: one (1) cheque for $8,750 made payable to the winner; one (1) 1-year GIC for $8,750 opened in the winner’s name; one (1) 2-year GIC for $8,750 opened in the winner’s name, and one (1) 3-year GIC for $8,750 opened in the winner’s name. Odds of winning depend on number of eligible entries received. Math skill testing question required. Full Contest Rules.

Published on August 16, 2021

About Campus Guides Team

Our student-written campus guides help students who want to get a sense of what life at their new school and city will really be like by avoiding embellishment and focusing on what actual students think.