Scholarships & Bursaries

Award Definitions and Policies

Below you will find information on the different Mount Royal award definitions and how awards are administered.

 Type of Awards

Scholarship

Scholarships are monetary awards granted to students on the basis of academic achievement and, in some cases, extracurricular activities.

For Mount Royal scholarships, a minimum grade point average (GPA) of 3.2, or high school average of 80%, is required to qualify unless otherwise specified.

Bursary

Bursaries are monetary awards granted to students on the basis of demonstrated financial need.

Emergency bursaries are given to students as a result of urgent, unforeseen circumstances that result in immediate financial need. Marks are not a consideration.

 

Award

Awards are monetary and/or non-monetary awards that recognize a student's achievement in a course or program that is not solely based on a GPA calculation or financial need.

A student must be in good academic standing to receive an award.

 

Mount Royal award policy highlights:

  • Applications for awards are available online from November 1 to March 1 every academic year
  • All scholarships, bursaries and awards are open to Canadian citizens and permanent residents unless otherwise specified by a donor agreement or institutional procedures.
  • International students are eligible for entrance and in-course scholarships, nominated awards and emergency bursaries that do not have a residency requirement, unless otherwise specified by a donor agreement or institutional procedures.
  • Applicants will be evaluated on work completed in the academic year in which they are submitting their applications.
  • There are a small number of awards that are advertised on the Mount Royal award site which require alternate application procedures, including separate application processes and deadlines.
  • Mount Royal limits the overall amount of money awarded to a student in scholarships, bursaries and awards to $15,000 in any given academic year. Please refer to the procedures document used to administer Mount Royal awards.
  • For the most current listing of awards, please visit the searchable award database.

Award categories


Award criteria


Academic Achievement
Includes GPA and academic performance in a class or program. Must meet minimum GPA requirements.

Academic Excellence - Awarded to students with the highest GPA in a course or program.

Financial NeedThe guidelines used for a financial need assessment are informed by the guidelines used to administer government student loans. Essentially, financial need will be calculated using the following formula:

Allowable Expenses - Resources = Financial need

Extracurricular ActivitiesActivities such as volunteerism, athletic participation and roles in student government are examples of extracurricular activities.

Other Criteria - Applicants may be assessed on a variety of other criteria as specified by the award donor. Examples of other criteria include artistic or athletic performance or demonstrated commitment.


Frequently Asked Questions

Q. Do I have to claim my scholarships or bursaries as income on my tax return?

A. As of the 2006 tax year, students are no longer required to report their scholarships, grants and bursaries on their income tax return. These awards are no longer considered taxable income.


Q. Who can I contact if I have a problem with my application?

A. Contact Student Awards, Office of the Registrar for scholarship inquiries. 


Q. How and when will I be notified if I am receiving an award?

A. The majority of our award recipients are selected between June to August. If you are selected for an award, you will be notified by an email sent to your Mount Royal email