RBC Scholarships 2022 | Study in Canada

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

RBC employs approximately 79,000 full- and part-time employees who serve over 16 million personal, business, public sector, and institutional clients through offices in Canada, the U.S., and 38 other countries. RBC supports a wide range of community initiatives through donations, sponsorships, and employee volunteer activities.

In 2014, RBC contributed over $111 million to causes worldwide, including donations and community investments of over $76 million and $35 million in sponsorships.

RBC recognizes that it takes a combination of both hard work and educational funding for most students to achieve their goals.

Which is the reason why RBC has developed diverse sets of scholarship programs worth over $500,000 a year to help students address the critical need for funding across Canada?

About RBC Students Leading Change Scholarships

As students across Canada continue to invest in their education, many are equally investing in their communities as well.

In recognition of the growing number of Canadian students showing a passion to lead and inspire positive change in their community, RBC created the RBC Students Leading Change Scholarship which awards a total of fifteen (15) RBC Students Leading Change Scholarships worth $10,000 each.

Eight (8) scholarships will be awarded to graduating high school students and seven (7) scholarships awarded to students enrolled in any year of post-secondary studies.

Although applying students are eligible for all 15 scholarships, 3 scholarships per student category (a total of 6) will be reserved exclusively for RBC Royal Bank student clients.

175 bursaries for $1,000 will be awarded to help with post-secondary education costs. RBC provides over $550,000 in annual scholarships, including the RBC Students Leading Change Scholarships, RBC Aboriginal Student Awards Program, and Scholarship Program for the Children of RBC Employees.

Scholarship Worth:

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

Eligibility

Students who will be attending a Canadian post-secondary institution in fall 2022 are eligible to apply. The students who fall into one of the 2 categories below are eligible to apply:

  • Category 1 (Graduating High School or CEGEP): Students currently enrolled in their graduating year of a Canadian High School or CEGEP, or who 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 2022 academic term.
  • Category 2 (Undergraduate or Graduate Degree or Diploma): Students currently enrolled in a degree or diploma program on a full-time basis in a recognized publicly-funded Canadian university or college and planning to continue full-time studies in fall 2022. Students must have at least 2 years of full-time studies left in the program.
  • Students with a disability who attend or are planning to attend post-secondary school on a part-time basis in fall 2022 are eligible.

Level/Field of Study:

To qualify, students must be an RBC Royal Bank client through to the winner announcement date. Eight (8) scholarships will be awarded to graduating high school students and seven (7) scholarships awarded to students enrolled in any year of post-secondary studies.

Host Nationality: 

The scholarship is taken in 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 bring the students closer to these goals, RBC is pleased to announce the opening of its application process for the RBC Students Leading Change Scholarship.

Applications are now available online and students are encouraged to submit their applications before the deadline. Scholarship beneficiary is selected for their excellence in academics, with a strong emphasis on civic and volunteer engagement. For more information on the terms and conditions in full detail, please visit rbc.com.

Here are three pieces of advice when filling out the scholarship application:

  • Do your research
  • Be unique and highlight what makes you stand out
  • Take your time filling out applications for scholarships and write multiple drafts

Here are RBC tips for Scholarship success

Deadline:

Applications for the RBC Students Leading Change Scholarships open in November each year. The deadline to apply is on February 2022.

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Other Scholarships Include;

RBC Royal Bank Scholarship for Aboriginals

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

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

Application Opens: December 3, every year

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RBC Black History Month Student Essay Competition

Eligibility: High School students in Grade 12 who will be attending a Canadian post-secondary institution in fall 2022

Application Opens: Please check back in December annually

Award: 30 awards in total; 1 for $5,000, 1 for $2,500, 1 for $1,500, and 27 for $500

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Scholarship Program for the Children of RBC Employees (Canada)

Eligibility: Children of eligible RBC Employees

Application Opens: Application deadline May 1, annually

Award: Up to 50 awards of $2,500 each

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The RBC Capital Markets Diversity Scholarship

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

Application Opens: Friday, April 12, 2022 – Friday, May 31, 2022, at 11:59 PM EST

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

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The RBC Capital Markets Scholarship for Women

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

Application Opens: Friday, April 12, annually – Friday, May 31, annually, at 11:59 PM EST
Award: Up to 4 awards worth $5,000 each PLUS a 2022 summer analyst position with RBC Capital Markets in Toronto.

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RBC Award

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

Award: 175 bursaries for $1,000 will be awarded to help with post-secondary education costs and an opportunity for an RBC internship.

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For More Information:
To inquire about this scholarship reach out to the RBC Media Contacts:
Kiara Famularo, RBC Corporate Communications, 647-638-6291
Jill Anzarut, RBC Corporate Communications, 647-534-5118

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