Savvy New Canadians Financial Literacy Scholarship 2024

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

Savvy New Canadians Student Award

Enoch Media Inc., through its SavvyNewCanadians.com platform, offers a scholarship to increase and improve financial literacy and awareness among students in Canada.

The Savvy New Canadians Financial Literacy Scholarship runs every year. Two winners receive a one-time scholarship award value of $1,000 each for the Fall term.

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 is available every year. The application date and deadline are outlined below:

ScholarshipApplication StartsApplication Deadline
2024 editionJanuary 1, 2024September 30, 2024

Scholarships will be awarded to two qualified candidates, and the winners will be notified by email within three weeks of the deadline.

For Fall 2023, award winners were announced on October 23, 2023. 

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

Savvy New Canadians Scholarship – Fall 2023

savvy new canadians scholarship fall 2023-img

Amy Tai (University of Waterloo) and Chinecherem Anayo-Enechukwu (University of Manitoba) received the second edition of the Savvy New Canadians Financial Literacy Scholarship. Each student received $1,000 to help cover the cost of their education for the Fall term.

Read the full announcement.

Savvy New Canadians Scholarship – Winter 2023

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.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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