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Funding Your LLM In Canada

Funding your LLM in CanadaChoosing to study an LLM in Canada comes with plenty of LLM funding options and some law schools in
 offer a large percentage, if not all, of their LLM students some sort of scholarship or bursary.

Often applicants to law schools in Canada are automatically considered for some scholarships.

The majority of LLM students find that they need to gather funding from a variety of sources to cover their tuition fees, course costs and living costs associated with their life in Canada

Here are some of the ways you can fund your LLM in Canada.

Canadian Government student loans

Each Canadian province is a little different when it comes to student funding, so it is best to check with the province you are resident in to see what you might be able to borrow from them. In some provinces, federal student loans and grants are offered in addition to provincial level student loans and grants to help with LLM tuition fees, and in other provinces, the government student loans and grants are offered together by the province. In other provinces only provincial-level student loans and
grants are available.

Private student loans 

For many LLM students in Canada, a private bank loan is a necessary part of financing their studies. Some banks, like the CIBC, will offer an Education Line of Credit which is a loan of up to $60,000 over 10 years and can be paid back over 20 years in instalments or lump sums. There are also options for professional students, like law students, who can borrow up to $100,000 and don't need to begin paying this back until they have completed their training Articling to become a lawyer

Scholarships & bursaries 

For Canadian students, there are plenty of scholarships and bursaries available to apply for. If you are an Aboriginal student, then there are specific legal education grants available from the Canadian government. When domestic students apply for a student loan they are usually automatically assessed for their eligibility for a grant as well. If you are a Canadian student, search around, as there are often scholarships and bursaries or other funding options available from all sorts of different organisations. And on't forget once you have been accepted onto an LLM program at a Canadian law school you are eligible to apply for one of our Global LLM Study Bursaries worth £500 towards your tuition fees.

University assistance 

Many universities and law schools offer substantial scholarships to their LLM students in Canada. At most institutions, students are assessed for their eligibility for some of the scholarships when they apply to the LLM course. Other scholarships require the student to make additional applications. Most law schools in Canada publish lists of scholarships that are available to their students. The University of Toronto publishes lists of scholarships and bursaries that are available for application by their students. Some scholarships can be specific to the student, like the ones only available to international students, and the area of the law they are studying, so if you think that you qualify it is always worth putting in an application. 

Working part time 

Some universities in Canada restrict their full-time students to working no more than 10 hours a week during term-time in any outside activity, including paid employment. At the University of Toronto, like other institutions, if you find yourself needing to work more hours than this you must gain permission from the Dean. This is because most universities strongly discourage full-time students from working outside of their studies and would recommend part-time study to anyone who needs to work and study at the same time. International students with a Canada student visa will probably have a Study Permit will find that they are usually restricted to no more than 20 hours of paid employment a week while they are studying and living in Canada

Law firm or company sponsorship 

Many law firms in Canada offer scholarships through specific law schools directly to students. But, if you are lucky enough to already be working for a law firm or practising law in the law department of an organisation or business, then you might find that they are willing to fund or part-fund your studies.

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