Graduate Funding Information

Financial Support for Research-Stream Graduate Programs:

If you are Master's or PhD student, the amount of your funding package, duration of funding, and how the funding is composed will depend on your supervisor(s).

For full consideration for funding opportunities, MSc and PhD applications must be submitted before January 5 of each year.
 
For eligible graduate students, your funding package may contain a combination of the following support:

• Graduate Teaching Assistantship (GA)
• Summer Research Assistantship (RA) from supervisor
• Graduate Entrance Scholarships
• Funding from External Agencies
   

Graduate (Teaching) Assistantships:

Graduate Teaching Assistantships (GAships) are available to PhD and MSc students. No separate application is required upon admission, but students must apply in advance of each semester to be assigned a GAship. Decisions on assistantships and duties are made by the department; a full-time assignment will involve 10 hours per week preparing for classes, teaching laboratory sessions, grading assignments, tests and examinations, and proctoring tests and examinations.
This funding will continue for the period of the student's program to a minimum of 3 and maximum of 4 terms in the MSc program and a minimum of 7 and maximum of 8 terms for the PhD program.
 
Graduate Assistantships will be reviewed and renewed each term by the Graduate Studies Committee.
 
Note: Master’s Qualifying (M1 level) do not qualify for Teaching Assistantships.

Summer Research Assistantships:

Master's and doctoral students may receive RA funding for the months of May, June, July and August from individual supervisors. Supervisors may or may not have funds available, and the amount given to students will depend on the research efforts of the student and funds available.
 

Graduate Entrance Scholarships:

Canadian Citizens/Permanent Residents/International:

• Master's students: Eligible students registered in a thesis or major paper stream (MATH/STAT 8960 or MATH/STAT 8970) receive $7,500 for one year (non-renewable).
• Note: Students in the Master of Actuarial Science (MActSc) program are not eligible for funding.
• Doctoral students: Eligible students will receive $7,500 per year for up to 4 years.
• Applicants to both full-time MSc and PhD programs with cumulative academic averages of at least 80% at the time of the application will be considered for scholarships upon our recommendation for admission.  
• No separate application is required; however, early application for admission into the program is encouraged as limited scholarships may be available, and entrance scholarships are not guaranteed.

For more information on scholarships, see the Departmental Scholarships page.