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Bank of Canada Governors Award 2025

Awarded by Bank of Canada

Scholarship Details

Eligible Degrees

Post Doc

Funding Type

Partial Funding · CAD 30,000 research grant per year

Eligible Courses

Economics and Finance

Eligible Nationalities

Open to citizens and permanent residents of Canada

Can Be Taken At

Universities in Canada

Provider

Bank of Canada

Last Verified On

18 May 2026 by WeMakeScholars Scholarship Team

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Overview

Eligibility for the Bank of Canada Governor's Award:

  • The applicant must be a Canadian citizen, a permanent resident of Canada, or have another valid work visa.
  • The candidate must carry out and support research in finance or economics in Canada (but nominations where the majority of the study is done there may also be taken into consideration).
  • The candidates must have earned a Ph.D. within a decade following their nomination.
  • Throughout the Award, the candidate must have an associate or assistant professorship at a Canadian university.

Nomination:

  • There is no limit to the number of candidates a university can nominate for the Governor’s Award.
  • The nomination period is now closed and will reopen in the fall of 2025.

Selection:

Eligible nominees will be considered by the Fellowship Nominating Committee. This Committee provides recommendations to the Bank's Governing Council, who select the final recipient(s). 

Value of the Bank of Canada Governor's Award:

The award consists of a $30,000 annual research grant for a term of up to two years, subject to an annual review and confirmation process.

Source : Bank of Canada
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SIMPLE 5 STEP PROCESS

How to Apply

1

Check Eligibility

Confirm that you meet the scholarship requirements

2

Prepare Documents

Gather all required documents for your application

3

Submit Application

Apply through the official scholarship application process

4

Application Review

The scholarship provider evaluates eligible applications

5

Scholarship Decision

Selected applicants are informed about the final results

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Documents Needed

  • Academic Transcripts (Usually required)

  • Income Certificate (For need-based scholarships)

  • Identity Proof (Usually required)

  • Admission / Offer Letter (For select scholarships)

  • Statement of Purpose (If applicable)

  • Language Test Scores (If applicable)

  • Recommendation Letters (If applicable)

  • Other Supporting Documents (As specified by the scholarship provider)

Note: The exact document requirements vary by scholarship. Always refer to the official application guidelines

FAQs

  • Yes, you can secure an education loan to study abroad at Bank of Canada. Education loans are of two types — Collateral and non-collateral. Collateral includes either: Immovable property – a house or a flat or land (or) liquid security – an FD, or LIC or shares or bonds. Agricultural lands are not accepted by any bank for education loan.

    Public banks like SBI, BOB offer these types of education loans. There are many NBFCs who offer Non-collateral education loans. Apply for the best education loan to study abroad.
  • The deadline of Bank of Canada Governors Award 2025 is Expired.
  • Bank of Canada Governors Award 2025 is offered to Post Doc degree.
  • Bank of Canada Governors Award 2025 is offered for Economics and Finance.
  • Bank of Canada Governors Award 2025 is open for: Open to citizens and permanent residents of Canada.
  • Bank of Canada Governors Award 2025 is offered by Bank of Canada.
  • Bank of Canada Governors Award 2025 covers Partial Funding, CAD 30,000 research grant per year.