Savvy New Canadians Financial Literacy Scholarship 2023

Fill out the application form below for a chance to win one of four bi-annual $1,000 scholarships for Canadian students.

Savvy New Canadians student award

Enoch Media Inc., through its SavvyNewCanadians.com platform, is launching a scholarship for the purpose of increasing and improving financial literacy and awareness among students in Canada.

The Savvy New Canadians Financial Literacy Scholarship runs twice a year. Two winners will receive a one-time scholarship award value of $1,000 each for Winter and Fall terms starting January 2023.

Scholarship application requirements

To apply for this scholarship, you must:

  • Be enrolled full-time at an accredited university or college (any year and field of study).
  • Submit a 500-word essay highlighting the importance of financial literacy to you and the steps you are taking to secure a financial future for yourself. 
  • Provide proof of enrollment: student ID, copy of transcript or confirmation of enrollment.
  • Complete and submit the application form on the site.
  • Have reached the age of the majority in your province or territory at the time of applying.

Note: The Savvy New Canadians Financial Literacy Scholarship is open to all students at accredited Canadian universities and colleges, including citizens, permanent residents, and international students. Applications are welcomed from both graduate and undergraduate students.

Scholarship timelines

The scholarship will run twice a year: Winter & Fall terms. Application dates and deadlines are outlined below:

ScholarshipApplication StartsApplication Deadline
Winter TermNovember 1December 23
Fall TermMay 1September 30

Scholarships will be awarded to two qualified candidates for each term. 

Winners will be notified by email within three weeks of the deadline. For 2023, award winners will be announced on January 16, 2023 (Winter Term) and October 16, 2023 (Fall Term). 

About Savvy New Canadians

Founded in 2016, Savvy New Canadians is one of the most highly sought platforms for personal financial information in Canada. It provides in-depth personal finance resources to help you take control of your money, get out of debt, invest wisely, increase your income, and become financially free.

Scholarship Application Form

Download the scholarship details in PDF.

Previous Award Winners

Winter 2023 Scholarship

winter 2023 savvy new canadians financial literacy scholarship

Summer Sharphead (University of Alberta) and James Esemu-Ezewu (McMaster University) received the inaugural Savvy New Canadians Financial Literacy Scholarship. Each student received $1,000 to help cover the cost of their education for the winter term.

Read the full announcement.