Financial Support
A university education is one of the best investments you will ever make. The Ted Rogers School of Management can help, with $2.4 million worth of awards and scholarships available to students every year. Awards and scholarships also look great on your resume and can help you build your profile for future employment opportunities.
Guaranteed Renewable Entrance Scholarships
If your final high school average is 80% or higher and you meet the terms and conditions for scholarship, you’re guaranteed a renewable entrance scholarship from Toronto Metropolitan University.
Final Admission Average |
Total Value |
Awarded in Year One |
Annual Renewable Amount |
95%+ |
$16,000 | $4,000 | $4,000 |
| 90-94.9% | $8,000 | $2,000 | $2,000 |
| 86-89.9% | $4,000 | $1,000 | $1,000 |
| 80-85.9% | $2,000 | $500 | $500 |
Prestigious Entrance Awards & Scholarships
President's Entrance Scholarships
The President's Entrance Scholarship is awarded to secondary school graduates who demonstrate academic accomplishment, leadership qualities, original thought and creative ability.
Twelve (12) recipients | $40,000 (total value) | $10,000 (annual amount) (renewable)
Recipients are reserved (costs not included) a bed in residence. This is limited to Pitman Hall single bedroom with shared hallway washroom or the International Living/Learning single bedroom with private washroom. Please visit the Housing and Residence Life website for more information about living on campus.
A minimum 90% final admission average is required for consideration. Your average is calculated with your best six Grade 12 U/M courses, or your home country's equivalent.
This application will ask that you include the following:
- An essay or project summary: this may be a piece of creative writing, or a summary of any creative project which you may have undertaken. It must reflect your capacity for original thought and creative ability (max 500 words).
- Two (2) letters of reference:
- academic reference letter that confirms your scholastic abilities. This reference may also speak to your leadership/creative endeavours.
- reference letter should address your leadership/creative endeavours. It should not verify academic achievement.
- Your leadership activities: you will indicate the leadership activities/positions that you have been involved in during your final two years in secondary school.
Note: Canadian Citizens, Permanent Residents of Canada, Protected Persons in Canada and International Students are eligible to apply for this award.
Terence Grier Entrance Scholarship
The Terence Grier Entrance Scholarship honours the achievements of the university's President, from 1988-1995, in particular his leadership through a period of profound change at TMU, culminating in the acquisition of university status at the institution.
One (1) recipient | Full tuition for first-year only (not renewable)
A minimum 85% final admission average is required for consideration. Your average is calculated with your best six Grade 12 U/M courses.
This application will ask that you to include the following:
- A personal statement
- Two (2) letters of reference
- Academic reference that confirms your scholastic abilities and success
- A reference letter that supports your exceptional aptitude in your chosen field of study
Note: Canadian Citizens, Permanent Residents of Canada and Protected Persons in Canada are eligible to apply for this award.
International Student Leadership Award (ISLA)
ISLA, formerly known as the International Secondary School Merit Scholarship (ISSMS), is for undergraduate international students. Applicants must be starting their first year of a full-time four-year undergraduate degree at TMU. It's for students who do well academically, volunteer, join clubs and show leadership qualities.
The fall 2025 ISLA has a value of $5,000. The possible number of recipients is up to seven students. This award is entrance-only and is non-renewable.
Key points to remember:
- You must be an international student starting your first year of a full-time four-year undergraduate degree.
- You must have a final admission average of at least 85%, an A, or an equivalent.
- You must write a personal statement for submission.
- If a gap year was taken, it must be no longer than one academic year.
International Student Winter Merit Scholarship
The International Student Winter Merit Scholarship (ISWMS) for winter 2025 is for international undergraduate students and was closed for applications on September 15, 2024.
Recipients of the award must begin their first year of a full-time four-year undergraduate degree at TMU in January 2025. It's for students who do well academically, volunteer, join clubs and show leadership qualities.
The winter 2025 ISWMS award has a scholarship value of $10,000. The possible number of recipients is up to 23 students. This award is entrance-only and is non-renewable.
Key points to note:
- Application deadline was September 15, 2024, 11:59 p.m. ET.
- You must be an international student starting your first year of a full-time four-year undergraduate degree.
- You must have a final admission average of at least 85%, an A, or an equivalent.
- A personal statement is required for submission.
- If a gap year was taken, it may be no longer than one academic year.
Questions?
Email us at awards@torontomu.ca and our team will be more than happy to assist! Please be sure to include your TMU Student Number in all email communications. This can be found in your application acknowledgement email or on your ChooseTMU Applicant Portal.
Each award and scholarship below has unique application requirements, but they’re well within reach! Many are based on your grade 12 average and some may require a short essay or reflection paper. Apply for multiple awards and scholarships – you never know which scholarships you might receive!
The Jon and Nancy Love Entrance Award
- One (1) recipient
- Up to 70% the cost of tuition (renewable for up to three years)
- Applications close: February 1, 2025
Available to an incoming full-time undergraduate student commencing their first year at Ted Rogers School of Management.
In addition to demonstrating financial need and good academic standing, applicants will need to submit letters of support, a resume and a personal letter on why they are the ideal candidate as it relates to the values and mission of the Ted Rogers School. Additional criteria can be found on AwardSpring.
Preference is given to Pathways to Education applicants. The award is renewable on an annual basis for up to three years if the recipient meets the renewal criteria.
Renewable Award Criteria
The award will be renewed for up to three (3) additional years if each year the student:
- Is enrolled in four (4) or more courses (one course equals one billing unit) in each of the fall and winter terms.
*A WKT term in either fall or winter term is considered equivalent to a full-time workload (four (4) or more courses).
- Has a clear academic standing.
- Restricted to domestic students that reside in Ontario.
Ted Rogers School of Management Renewable Undergraduate Entrance Awards
- Multiple recipients
- Up to $40,000 each (total value)
- Up to $10,000 each (annual amount) (renewable)
- Applications close: February 1, 2025
Available to students entering their first year of the Business Management, Hospitality and Tourism Management, Information Technology Management, Retail Management, or School of Accounting and Finance programs.
Applicants will need a minimum 85% final average based on their best six Grade 12 U or M courses, demonstrate financial need and submit letters of support outlining their community involvement and/or leadership in extracurricular activities. No time gaps in study and entering post-secondary studies for the first time. Additional criteria can be found on AwardSpring.
The award is renewable on an annual basis for up to three years if the recipient meets the renewal criteria.
Renewable Award Criteria
The award will be renewed for up to three additional years if the student:
- Remains in their original program of study.
- Is enrolled in 4 or more billing units in each of the fall and winter terms.
*A WKT term in either fall or winter term is considered equivalent to a full-time workload (four (4) or more courses). - Has a minimum CGPA of 3.00 or better, no failing grades and clear academic standing.
- Submits an updated budget each year demonstrating unmet financial need.
- Restricted to domestic students that reside in Ontario.
If any student fails to meet the requirements for renewal in the upper years of their program, the award will be made available to another student, within the same year of study, who meets the criteria.
Ted Rogers School of Management Undergraduate Entrance Awards
- Multiple recipients
- Up to $10,000 each (entrance only, non-renewable)
- Applications close: February 1, 2025
Available to students entering their first year of the Business Management, Hospitality and Tourism Management, Information Technology Management, Retail Management, or School of Accounting and Finance programs.
Applicants will need a minimum 85% final average based on their best six Grade 12 U or M courses, submit letters of support outlining their community involvement and/or leadership in extracurricular activities and a cover letter on why they are the ideal candidate. Additional criteria can be found on AwardSpring.
- Academic Merit is the main criteria for this award.
- No time gaps in study and entering post-secondary studies for the first time.
- Restricted to domestic students that reside in Ontario.
Ted Rogers School of Management Undergraduate Entrance Scholarships
- Multiple recipients
- Up to $10,000 each (entrance only, non-renewable)
- Applications close: February 1, 2025
Available to students entering their first year of the Business Management, Hospitality and Tourism Management, Information Technology Management, Retail Management, or School of Accounting and Finance programs.
Applicants will need a minimum 85% final average based on their best six Grade 12 U or M courses, demonstrate financial need and submit letters of support outlining their community involvement and/or leadership in extracurricular activities. Additional criteria can be found on AwardSpring.
- No time gaps in study and entering post-secondary studies for the first time.
- Restricted to domestic students that reside in Ontario.
Yardi Scholarship
- Two annual awards of $10,000 each
- Applications close: February 1, 2025
Available to students entering their first year of the Business Management or the Business Technology Management programs.
- Demonstrate financial need as determined by the university.
- Self-identify as a first-generation student.
Applicants must submit a written statement (250-500 words) describing how they demonstrate Yardi’s values. Yardi's values are integrity, trust, communication, respect, innovation, collaboration and community service.
Renewable Award Criteria
The award will be renewed for up to three additional years if the student:
- Demonstrate financial need as determined by the university.
- Maintain a minimum CGPA of 2.0.
- Be in clear academic standing.
AwardSpring
AwardSpring enables you to view and apply for all awards available at Toronto Metropolitan University in one convenient spot. Using your university email, simply log into the system at torontomu.awardspring.ca and create a single application to be considered for all awards for which you are eligible.
I know what you’re thinking – it’s probably not worth applying because there are so many other applicants. I thought the same thing, but was encouraged by TRSM staff to apply for multiple awards. It only took a couple of hours to complete each application and I ended up receiving a total of $14,500 in awards for first year!
How much does school cost?
$10,983 - $11,039*
*Canadian citizens and permanent residents for the 2024-2025 academic year.
Other options
- Student Financial Assistance
- OSAP
- Career Boost (The university's on-campus work experience program)