RBC Scholarships in Canada 2022

Fully known as the RBC Students Leading Change Scholarship, the RBC scholarships in Canada 2022 aim at rewarding hardworking Canadian students with a critical need for funding across Canada. The scholarship was created by RBC, the Royal Bank of Canada.

Thus, students are advised to apply for the RBC scholarships in 2022 to help them make their education easier in Canada. Endeavor to read till the end to learn every detail required of you for this scholarship application.

rbc scholarships

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About the Host

The Royal Bank of Canada is Canada’s largest bank, as well as one of the largest banks in the world based on market capitalization. RBC is one of North America’s top diversified financial services companies, which provides services like personal and commercial banking, wealth management, investor services, insurance, and capital markets products and services on a global basis.

About 79,000 full- and part-time employees are employed by RBC to serve over 16 million personal, business, public sector, and institutional clients through offices in Canada, the U.S, and 38 other countries. Community initiatives through donations, sponsorships, and employee volunteer activities are supported by the RBC in Canada. It contributed over $111 million to causes worldwide, including community investments and donations of over $76 million and $35 million in sponsorships.

The RBC Students Leading Change Scholarship was created to recognize the growing number of Canadian students who are passionate to invest in their education, and leading and inspiring positive change in their community. A total of fifteen (15) RBC Students Leading Change Scholarships worth $10,000 each are awarded by the RBC. 

Seven of the scholarships will be awarded to students enrolled in any year of post-secondary studies and eight scholarships awarded to graduating high school students. Applying students are also eligible for all 15 scholarships, but 3 scholarships per student category (a total of 6) are reserved exclusively for RBC Royal Bank student clients. 175 bursaries for $1,000 is also awarded to help Canadian post-secondary students.

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Every year, RBC provides over $550,000 in scholarships, which include the RBC Students Leading Change Scholarships, RBC Aboriginal Student Awards Program, and Scholarship Program for the Children of RBC Employees.

RBC scholarships in Canada 2022

Scholarship Worth

RBC Students Leading Change Scholarships Award is worth $10,000 available for 15 lucky candidates.

Eligibility

To be eligible to apply for the RBC scholarship in the fall of 2022, students will have to be attending a Canadian post-secondary institution and are eligible to apply. Students who fall into any of the 2 categories below are eligible to apply:

  • 1st Category (Graduating High School or CEGEP): Any student currently enrolled in their graduating year in a Canadian High School or CEGEP, or have graduated from a Canadian High School or CEGEP within the last 2 years, and will be enrolled in their first year of a minimum 2-year undergraduate degree or diploma program on a full-time basis at a recognized publicly-funded Canadian university or college in the fall 2021 academic term.
  • 2nd Category (Undergraduate or Graduate Degree or Diploma): Any student currently enrolled in a diploma program or degree on a full-time basis in a publicly-funded Canadian college or university and planning to continue full-time studies in fall 2021. Students must already have at least 2 years of full-time studies left in their degree or diploma program.
  • Any student with a disability who attends or plans to attend post-secondary school on a part-time basis in fall 2022 is eligible.

Level/Field of Study

To qualify for the RBC scholarship, students must be an RBC Royal Bank client till the end of the winner announcement date. 7 scholarships will be awarded to students enrolled in any year of post-secondary studies and 8 awarded to graduating high school students. 

Host Nationality

Canada

Eligible Nationalities

All applicants must be Canadian Citizens or Permanent Residents with a minimum 75% average in their last completed year of study.

How to Apply

To help students achieve their goals through hard work and educational funding, RBC is glad to announce the opening of its application process for the RBC Students Leading Change Scholarship 2022.

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Applications are now open and available online and students are encouraged to submit their applications before the deadline. Winners of the RBC Scholarship are selected based on their excellence in academics, and most especially, civic and volunteer engagement. More information on the terms and conditions of the scholarship is available at rbc.com.

Before filling out your application for the RBC scholarship, do your research about the RBC Students Leading Change Scholarships, and previous winners, be honest and state what makes you unique, and lastly, take your time in filling out applications for the scholarships. 

Ensure to read$400k Mike Rowe Scholarship Program 2022-2023

Other RBC Scholarships ;

#1. RBC Royal Bank Scholarship for Aboriginals

Eligibility: Must be Status and non-status Indians, Inuit, or Métis and pursuing post-secondary education

Award: 10 different awards worth up to $4,000 each academic year for two to four years

Application Opens: December 3 of every year

SCHOLARSHIP LINK

#2. RBC Black History Month Student Essay Competition

Eligibility: Must be a high school student in Grade 12 who will be attending a Canadian post-secondary institution in fall 2022

Application Opens: Every December 

Award: 30 awards in total; 1st award for $5,000, 2nd for $2,500, 3rd for $1,500, and 27 for $500

SCHOLARSHIP LINK

#3. Scholarship Program for the Children of RBC Employees (Canada)

Eligibility: Must be a Child of an eligible RBC Employee

Application Opens: The application deadline is May 1 every year

Award: 50 awards of $2,500 each

SCHOLARSHIP LINK

#4. The RBC Capital Markets Diversity Scholarship

Eligibility: Students who identify as a visible minority, female, Veterans, aboriginal or Indigenous background, LGBT+, and/or persons with disabilities. Also for students in full-time undergraduate studies graduating in December 2022 or Spring 2023 and currently enrolled in a business, engineering, or economics program at a university or college in Canada.

Application Opens: Friday, April 12, 2022, and ends Friday, May 31, 2022, 11:59 PM EST

Award: 4 awards worth $5,000 each AND a 2022 summer analyst position with RBC Capital Markets in Toronto.

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SCHOLARSHIP LINK

#5. The RBC Capital Markets Scholarship for Women

Eligibility: Female students in full-time undergraduate studies graduating in December 2022 or Spring 2023, currently enrolled in a business, engineering, or economics program at a university or college in Canada.

Application Opens: Friday, April 12, annually, and ends Friday, May 31, annually, 11:59 PM EST

Award: 4 awards worth $5,000 each AND a 2022 summer analyst position with RBC Capital Markets in Toronto.

SCHOLARSHIP LINK

#6. RBC Award

Eligibility: High School students in Grade 12 in Atlantic Canada, Saskatchewan, Northern Ontario, and Manitoba, will be attending a Canadian post-secondary institution in fall 2022. Nominations are to be submitted by the high school Administration (e.g. Principal, Vice Principal, or Guidance Counselor).

Award: 175 bursaries for $1,000 each will be awarded to post-secondary students AND an opportunity for an RBC internship.

We recommend you also see Rhodes Trust Scholarships for African Students at University of Oxford 2022

Conclusion

Finally, we’ve seen the several RBC scholarships in Canada students can apply for in 2022. Endeavor to apply for one of them.

FAQs On RBC scholarships in Canada 2022

What is the highest scholarship in Canada?

The Loran Award is one of the largest scholarships in Canada! Coming in at a whopping $100,000 over four years, this scholarship practically ensures a debt-free education.

Which University in Canada gives full scholarship?

The University of Waterloo offers a Fully Funded Scholarship for international students. This scholarship is offered for Undergraduate, Masters and PhD studies. The University of Waterloo is a public research university in Canada. Waterloo University automatically grants scholarships.

Does Scotiabank offer scholarships?

Scotiabank and myBlueprint aim to help students build strong money management skills through financial literacy content.

How much is a full scholarship in Canada?

Getting scholarships in Canada may not be considered easy but it is possible, as many persons have benefited from it. If successful, you will receive up to CA$17,000 (US$13,100) for up to 12 months of your studies.

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