Money Saving Tips for Day to Day Student Living


Getting caught up in the university lifestyle can quickly get expensive. Yet if you follow certain common sense principles you can save a lot of money.

5 Tips for Money Saving in University

Cook More at Home

The simple reality is that eating out costs a lot of money. When you refuse to cook and rely on other people to make your meals, you could be spending upwards of three times the amount of money you would spend on groceries a month. The more self sufficient you are with regards to cooking, the healthier you will be financially. Even if you pledge to cook only one meal a day, as opposed to zero, you will notice a difference in your funds at the end of the month.

Make Your Own Coffee

This is especially important for students who regularly rely on coffee to get them through their busy schedules. Switching from buying coffee to making it yourself can cut your costs down from two to three dollars a day, to only a couple dollars a week. If you add this up over the span of a semester, the savings are considerable.

Bargain for Study Materials

Only go to your campus book store and pay the full retail value for your course materials as a last resort. There are always alternative options available like buying used books, trading with other students, and comparing prices from other retailers, that can save you a substantial amount of money on most of your needs.

Sell Old Course Packs

Too complement your purchase of used textbooks and course packs, you should also make use of your ability to sell off any of your course materials that are still useful for students in coming semesters. Although this is not technically a money saving technique, it is always good to make a little extra cash here and there.

Book Travelling Arrangements in Advance

If you go to university away from home and travel back to your parents on weekends and holidays, then it is advised that you always plan travel arrangements well in advance to get the best deals. Prices on train fares, buses, and planes, all tend to go up during peek student travel dates. If you beat the pack and book your travel in advance you can get substantially lower rates.

Final Word on Money Saving Tips

There are endless ways in which you can make minor tweaks to your day to day activities and save money while you are in school. Even if you apply just a few of the aforementioned tips, you can save a considerable amount of money, and come out of university in a much more financially healthy state.

Scholarships for International Students

World is mine

Canada’s post-secondary institutions offer programs in a diverse array of disciplines and at all levels, from undergraduate to post-doctorate. Because Canada’s education system is also well funded and regulated, the quality is usually quite high. As a result of this, and because of Canada’s already diverse history, Canadian universities accept thousands of international students each year across all areas of study. Many of these students come from the U.S. because of its close proximity to Canada and because they share many common characteristics, including language. This article aims to help some of these international students determine what kind of financial aid is available to them and what kinds of scholarships for international students they may be eligible for.

The Basics of Scholarships for International Students

Looking from a worldwide perspective, China and India have the largest number of international students studying in other countries. In total, over 2.5 million students worldwide are studying outside of their home countries, with Canada being the third most common destination. With such a large population of international students, scholarships are important tools for helping to finance their educations.

Most students are familiar with scholarships, even if they don’t have any themselves. Essentially, scholarships are a form of financial aid issued by schools, private institutions, or third-party donors. They can be based on need, merit, or be specific to certain fields or levels of study, and others involve athletic or artistic merit.

Aside from these, there are other scholarships that help students of particular minorities, religions, or those who suffer from a disability fund their university or college education. Some scholarships require that, aside from attending a post-secondary program full-time, students also join a specific group or work at a particular job. This kind of scholarship will be looked at in more detail later in this article.

Scholarships for international students in Canada work much the same way as they do in other Western countries, in that merit and achievement are usually the prime factors that determine whether someone receives a scholarship. While there are still plenty of students who receive them, generally less focus is given to athletic scholarships. Additionally, recognized First Nations students receive full scholarships to most post-secondary institutions.

Specific Scholarships for International Students


Federal, provincial, or state issuers can award scholarships, including scholarships for international students, for various purposes and under a myriad of different conditions. Specific issuers include non-profit organizations, community and multinational foundations, charitable trusts, and volunteer organizations (provided that the student volunteers with them). As you might expect, funds provided by scholarships are only issued to students who are actually attending school, and so most of the time the school and scholarship issuer coordinate directly without ever involving the student in the actual distribution of funds.


We have compiled a non-exhaustive list of scholarships for Americans and other international students studying in Canada (and that are not associated with any one school) according to the Government of Canada’s International Scholarships website:

  • Canada-US Fulbright Scholarship (awarded for general academic merit)
  • Organization of American States Fellowships Programs (for students from countries across North America, including the U.S.)
  • CIFAR Global Scholars (for students in research fields)
  • CIHR Fellowship (for students in health research programs)
  • Industrial Postgraduate Scholarships Program (for natural science and engineering research students)
  • Mitacs programs, focused on research in business, science, and many other disciplines
  • Strategic Training Initiative in Health Research (for post-graduate health students)
  • The Trudeau Foundation offers merit-based scholarships for a variety of disciplines
  • Vanier Canada Graduate Scholarships are offered by the government of Canada and intended to support students pursuing doctoral degrees at pre-approved institutions

When you have applied to particular schools, you should be sure to notify them directly to see if they have any specific scholarships for international students or any general programs, like grants or bursaries, that you can take advantage of to provide extra financial aid.

Co-op and Internships

In addition to or instead of scholarships, some students choose to supplement their education spending by pursuing part-time work, which is often an option if certain conditions are met. There are also a number of internships and co-op programs available.

Students, both international and domestic, can receive the opportunity to enroll in co-op or internship programs as part of their school curriculum, depending on their program of study. These positions are considered international work experience and are therefore great to have as an enhancement to your degree. Some positions offer compensation, meaning that students can make money while going to school while also supplementing their education with real experience.

Like most scholarships for international students, these kinds of programs have various eligibility requirements in Canada. To be eligible for approved co-op and internship programs, students must:

  • Have a valid study permit (which you need to study abroad anyway);
  • The position you are applying for must be related to your discipline of study (a biology student can’t enroll in an arts co-op program, for example);
  • Your work must be approved as being eligible for and included in your academic program;
  • Your co-op or internship position can not take up more than 50% of your total program (you have to split your time on both school and work)

Applying for Scholarships for International Students

Overall, there is a fairly diverse selection of scholarships for international students that you can potentially use to help you fund your education abroad. Aside from student loans or personal savings, scholarships are one of the main options available for helping students pay for their education. Whether you decide to pursue a scholarship from the school you plan to attend or from a third party, remember that whereas student loans and bursaries are issued for students in financial need, scholarships are usually based on academic merit. They shouldn’t be considered a reliable source for school financing, but rather as a means of helpful support; if you’re hurting for ways to pay for your schooling, taking out student loans or applying for needs-based bursaries would be a more reliable solution.