Financing your MM

Scholarships, awards and financial assistance

The UBC Sauder School of Business is pleased to offer a number of financial aid, support and assistance options available to both domestic and international UBC MM students. We encourage you to thoroughly research all options available to you.

UBC Sauder scholarships and awards

To qualify for the following scholarships, you will need to meet the merit requirements and apply by the UBC MM application deadlines outlined below. All applicants are automatically considered for the following scholarships upon application submission, so we encourage you to submit your application as early as possible.

Note: Normally, these scholarships are paid out using the following payment schedule: 

  • Under $1,000 - paid out entirely in one term
  • $1,000 - $5,999 - paid out in two terms (equal instalments)
  • $6,000 or greater - paid out over the three terms of the year (33.3% in September, 33.3% January, and 33.4% in May)

External scholarships

The following external organizations offer or administer a variety of scholarships for all applicants. Please note that these scholarships are not administered by the Robert H. Lee Graduate School, the UBC Sauder School of Business or UBC, unless explicitly stated.

Aga Khan Foundation - International Scholarship Programme 

The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies to outstanding students from select developing countries who have no other means of financing their studies, in order to develop effective scholars and leaders and to prepare them for employment, primarily within the AKDN.  Scholarships are awarded on a 50% grant : 50% loan basis through a competitive application process once a year in June or July. 

CAEL Scholarships

CAEL has two scholarships for international students: $5,000 each, one to a student currently studying in Canada, and one to a student currently studying overseas.

For more information on how to apply, please visit

Kathryn Huget Leadership Award

Awarded to a Master's or PhD student, with preference given to female students currently in leadership roles, whose focus is to improve the business workplace for women. Preference given to the applicants studying in the areas of: organizational behaviour, business administration, business and commerce, sociology, or psychology. 

For more information, please contact

UBC Awards for Indigenous students 

The UBC awards for Indigenous students include scholarships and bursaries. When a student applies for these awards, they are considered for both merit and need-based awards.

For more information on how to apply, please contact your Enrolment Services Advisor

Loan programs

The following institutions have offered to provide financing and assistance to eligible applicants enrolled in the UBC MM program. Loans or Lines of Credit may provide students with the financial assistance to help with tuition, books, personal living expenses, as well as everyday banking needs.


Government  loans

Government of Canada student loans are available to Canadian citizens and permanent residents.

Prodigy Finance

Prodigy provides postgraduate student loans and refinancing for studying abroad to international students from over 150 nationalities.

Banco de Credito Peru

Peruvians can borrow the full costs of tuition and living expenses towards Master's degrees in Canada.

More financial assistance

UBC has many financial resources, workshops, and tools to help you understand your costs and support options, and help make a plan to fund your studies.

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