Undergraduate awards and scholarships

Thanks to the generosity of our supporters and alumni, we grant our students over $200,000 in scholarships, awards and bursaries each year!

In 2023, undergraduate business students must apply to receive a scholarship, award or bursary.

Click here to view scholarships, awards and bursaries currently available.

Applications for 2023 are now closed. 

Frequently asked questions (FAQ)

How is financial need determined?

For business students, financial need is self-reported. If a scholarship, award or bursary would help your financial situation, you may consider yourself as being in financial need.

What period of time does the criteria relate to?

The year that covers Spring 2022, Fall 2022 and Winter 2023.

How is scholarship standing determined?

See the University Calendar for the definition of “scholarship standing.”

How do I interpret the “where you are from” criteria?

This criterion (e.g., “a student from Newfoundland and Labrador”) is based on the location of your high school.

Do I have to be a full-time student?

You must have completed 30 credit hours during this period (Spring 2022, Fall 2022 and Winter 2023).

Are Business One students eligible to apply?

No, if you are currently in Business One, you are not eligible for the Faculty of Business Administration’s scholarships, awards or bursaries.

Not all criteria are listed in the application. How will any missing criteria be assessed?

We can asses some criteria through your student profile. This will be considered in addition to the information contained in your application.

I am interested in applying for more than one scholarship. Do I need to complete an application for each individual scholarship?


What is the difference between a scholarship, an award and a bursary?

A scholarship is based on academic performance and is awarded to the student with the highest average meeting the conditions of the scholarship. Scholarship standing is required for all scholarships.

A bursary is based primarily on financial need and may be awarded to full-time students who have a minimum GPA of 2.0 (out of a possible 4.0) and meet the other conditions of the bursary.

An award is offered to recognize special achievements or to assist with special projects or travel. Awards may be given to students with a minimum of clear standing as defined by the university and outlined here, and meeting the other conditions of the award.

I’m not sure if I fit with criteria.

Email busihelp@mun.ca for assistance.

Other financial assistance

New students to Memorial may qualify for an entrance scholarship. Current business students may also be eligible for university scholarships.

External scholarships are also available for students. These scholarships aren’t specific to, or administered by, Memorial University.