The Government of Canada has announced significant new investments to increase the value and number of scholarships and fellowships for master鈥檚 and doctoral students along with postdoctoral fellows.
Announced as part of , the increased money will be funded through Canada鈥檚 federal granting agencies鈥攖he , the and the .
The Honourable Fran莽ois-Philippe Champagne, Minister of Innovation, Science and Industry, and the Honourable Mark Holland, Minister of Health announced Friday that students receiving scholarships and fellowships from the funding agencies will see increased award values take effect September 1. The annual value of all current and new master鈥檚 and doctoral student scholarships will increase to $27,000 and $40,000, respectively and current and new postdoctoral fellowships will increase to $70,000.
鈥淏y increasing the value of scholarships and fellowships provided by the government鈥檚 research granting councils, the Government of Canada is reaffirming its support for Canadian research talent. This will ensure the next generation of scientific leaders remain here in Canada, where their work has the potential to lead to a better quality of life and improved health for us all,鈥 Minister Holland said.
In addition to the increased award values, the government, in their budget proposed to increase the number of scholarships and fellowships provided, building to approximately 1,720 more graduate students and fellows benefitting each year
The Vanier and Banting programs will continue under their current parameters, $50,000 and $70,000 per year respectively.
Additional details will be communicated to award holders in July 2024.
The Government of Canada鈥檚 research agencies and funded partners鈥攖he Social Sciences and Humanities Research Council (SSHRC), the Natural Sciences and Engineering Research Council (NSERC) and the Canadian Institutes of Health Research (CIHR) promote innovation in research and reward academic excellence by offering a number of valuable and prestigious scholarships and awards.