Undergraduate Awards and Scholarships

We’re privileged to have dedicated supporters and alumni within the business community whose financial contributions support student success. This generosity translates to over $200,000 in awards, bursaries and scholarships each year, enabling our students to pursue excellence in their academic programs.

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

External scholarships are also available for students. These scholarships are not specific to, and are not administered by, Memorial University.

To be considered for a scholarship, bursary or award means achieving a high academic standard.

Current scholarship opportunities


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.

Many awards require community involvement, leadership or other specific criteria.  In order to qualify for an award with additional scholarship criteria, students must complete our scholarship application.