International students who are admitted to Canadian universities are not eligible for government programs like OSAP (Ontario Student Assistance Program) and out-of-province student aid.

However, they can be granted numerous amounts of funds through:

1. Awards: Awards can be presented to students for high-grade academic performances, indulgence in extracurricular activities and student affairs or even leadership and self-started initiatives.
2. Scholarships: Scholarships are awarded to students who achieve academic excellence. Academic excellence consists of grades that maybe 80% or higher. 
3. Bursaries: Financial need is the only criteria based on which students can be presented with bursaries. 

Students can also apply for:

1. Co-op degrees
2. Line of credit

Detailed overview

• All universities have their own databases of available awards, bursaries and scholarships where one can check their eligibility. They can then apply as per the instructions given. Applications may sometimes require one to answer a detailed questionnaire or essay on why the grant may be conferred upon them. 
• There are also certain scholarships and awards that are automatically awarded to students on admission. Whether one receives them, depends on their entrance average and quality of their essays. 
• Moreover, applying to a co-op degree gives students the opportunity to earn money as they study. Students at the University of Waterloo earn 12,100 CAD (6,05,000 INR) per work term on average. At Waterloo, students usually have 5 to 6 of such work terms. 
• Besides, all major Canadian banks like CIBC, Scotia Bank, TD Bank and others offer many student contests and lines of credits. For example, at CIBC, the line of credit allows students to borrow up to 350,000 CAD (1,25,00,000 INR) for very low-interest rates. 

There are lots of options for scholarships and financial aid out there. It can be a little confusing with so many options available, and that’s why our counselors at UniRely work with you to discover and apply for the best scholarships for you. Visit unirely.com to get more information about the process of applying to universities in Canada for an undergraduate degree.