Financial Aid

EMBA Scholarships and Awards

UPEI offers up to five Executive MBA Entrance Scholarships per year. These scholarships are valued at $5,000 each and at least one is awarded to an international student. Scholarships are awarded based on academic merit, professional accomplishments, and demonstrable leadership skills or potential. Learn more about the EMBA Entrance Scholarships and Apply Now!

Learn more about the George E. Howatt Scholarship and Carter/Bray Executive MBA Scholarship.

Graduates of UPEI that intend to pursue an MBA at the University of Prince Edward Island are also encouraged to apply for the W. Chester S. McLure Memorial Fellowship, valued at $10,000.

Other UPEI scholarships, bursaries, and awards can be found on the UPEI Awards and Scholarships website

The CIHR post-doctoral fellowship is available to PhDs in the health sciences who enter an MBA Biotechnology Program.

Sources in government and industry, such as the Social Sciences and Humanities Research Council of Canada (SSHRC) and, exist to assist students in MBA programs.

Click here for a list of other external funding opportunities

RRSPs and Tax Benefits

RRSPs are also a source of funding. Under the Canadian Income Tax laws, you and/or your spouse may be eligible to borrow tax-free from your RRSP, up to $10,000 CAD each per tax year, to help fund your EMBA. Please contact your income tax advisor information about this and other tax benefit details. 

Employee Sponsorship

Employee sponsorship is an option that is a cost-effective business decision for many organizations. Employers will be adding to the skill set of their most promising managers. To assist an applicant seeking support from his/her organization, please check out The Case for Sponsorship.