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Fees and financial aid

Finances

A MCGILL EDUCATION IS ONE OF THE BEST INVESTMENTS YOU CAN MAKE. And we’ve been working to make it more affordable to qualified students, regardless of their income. We’ve been setting aside money from tuition and working with donors and student associations to increase financial aid.

  • Maclean’s magazine ranked McGill #1 out of all Canadian Universities for the percentage of total operating expenditures devoted to scholarships and bursaries.
  • Entrance scholarships range in value from the Basic Scholarship (one-year awards of $3,000) to the Major Scholarships ($3,000 to $10,000 renewable).
  • All entrance bursary recipients can participate in the Work Study Program to earn extra money by working on campus.
  • Students can apply for in-course aid (bursaries, interest-free loans and fee deferrals) anytime.  Emergency aid is also available to students.

For example, Ontario students with demonstrated financial need received an average entrance bursary of $4,000. That’s on top of their Ontario Student Assistance Program aid, because McGill financial aid supplements OSAP, rather than replaces it. Montreal’s low rent is an added bonus.

The Scholarships and Student Aid Office helps all students find the financial resources necessary to cover the costs of their education. Here you’ll find information on scholarship funding, government aid programs, McGill loans and bursaries, debt management, individualized budget counselling, and the Work Study program.

Please consult Student Accounts for detailed information on fees for your program of study.

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