Financial Aid

MBA Scholarships and Awards

Entrance scholarships will be awarded annually to incoming MBA in Global Leadership students in the Faculty of Business Administration. Each scholarship ranges in value from $1,000 to $3,000. Scholarships are awarded to those who have received at least an 80% average in their last two years of undergraduate study and have demonstrated leadership potential. Learn more about the MBA Entrance Scholarships and Apply Now!

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.

MBA Future Leaders: UPEI Alumni Scholarship

The UPEI Master of Business Administration in Global Leadership (MBA-GL) program is offering a new scholarship to UPEI alumni who would like to complete their MBA at UPEI. 

The MBA-GL program already has one of Canada’s most competitive tuition rates, but we are also excited to announce a scholarship for new applicants to the program. The MBA Future Leaders: UPEI Alumni Scholarship is valued at $2,000 and will be awarded to UPEI alumni (or graduating UPEI undergraduate students) who are offered admission into the program for Fall 2024. Please note that admission is competitive, and we encourage any interested candidates to apply as soon as possible.

For more information about the MBA-GL program or this new scholarship, please email

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

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 MBA. Please contact your income tax advisor information about this and other tax benefit details.