Canada Reveals Boost in Federal Scholarship and Fellowship Values

Innovation, Science and Economic Development Canada

Ottawa, Ontario

Investing in students and postgraduate researchers nurtures future leaders who will help address global challenges and drive Canada's success in the 21st century.

This is why Budget 2024 proposed significant new investments to increase the value and number of scholarships and fellowships for master's and doctoral students and postdoctoral researchers funded by Canada's federal granting agencies-the Canadian Institutes of Health Research (CIHR), the Natural Sciences and Engineering Research Council of Canada (NSERC) and the Social Sciences and Humanities Research Council of Canada (SSHRC).

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and the Honourable Mark Holland, Minister of Health, announced that students and fellows receiving scholarships and fellowships from the funding agencies will see increased award values take effect as of September 1, 2024. The annual value of all current and new master's and doctoral student scholarships will increase to $27,000 and $40,000, respectively, and current and new postdoctoral fellowships will increase to $70,000.

This enhancement reflects the Government of Canada's steadfast dedication to supporting the next generation of researchers, giving them equal opportunity to succeed and providing them with the resources they need to tackle complex challenges and drive innovation.

Additional details will be communicated to award holders in July 2024. There will be no changes to the value or duration of the Vanier Canada Graduate Scholarships or the Banting Postdoctoral Fellowships. The Vanier and Banting programs will continue under their current parameters, $50,000 and $70,000 per year respectively, until they are replaced by the new, streamlined talent program proposed in Budget 2024.

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