What is the minimum eligibility for In-Course Financial Aid at McGill?
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1 Answer
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McGill University's In-Course Financial Aid Program provides modest amounts of loans and/or bursaries to currently enrolled graduate students in need of supplemental financial assistance. However, McGill's Scholarships and Student Aid does not guarantee to completely waive off or significantly cover a great deal of a graduate student's costs. Check below the minimum eligibility for the In-Course Financial Aid program:
- Applicant must be currently enrolled in a full-time degree programme at the university
- Apply for and accept the maximum available government student aid
- Have a satisfactory academic standing
- Demonstrate financial need
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Both Concordia and McGill are part of best public universities in Canada and have their own advantages and disadvantages. Mentioned below is comparison between them based on some key areas to help students decide which one is best for them-
Criteria | Concordia University | McGill University |
|---|---|---|
Location | 1455 Blvd. De Maisonneuve Ouest, Montreal, QC H3G 1M8, Canada | 845 Rue Sherbrooke O, Montréal, QC H3A 0G4, Canada |
Acceptance Rate | 78% | 46% |
Popular Courses & Streams | Engineering, Business, Computer Science, Fine Arts | Medicine, Engineering, Law and Science |
Average Tuition Fees (UG) | INR 19.1 L-INR 24.2 L | INR 12.3 L-INR 54.2 L |
Average Tuition Fees (PG) | INR 5.9 L-INR 23.5 L | INR 7.7 L-INR 62.5 L |
Shiksha Popularity Ranking | #20 in Canada | #3 in Canada |
Shiksha Global Ranking | #413 | #51 |
McGill University's global alumni network offers students mentorship, internships, and career guidance. They connect with graduates in Canada and abroad. These alumni connections provide insights and job opportunities to students. This gives students a clear advantage in shaping their careers and achieving long-term professional success.
McGill receives over 50,000 applications each year, out of which the university accepts around 23,000. As a result, university acceptance rate remains around 40%. Check the table mentioned below.
Year | Number of Applications Received | Number of Students Accepted | McGill University Acceptance Rate |
|---|---|---|---|
2024 | 53,377 | 23,957 | 44.88% |
2023 | 56,515 | 23,154 | 40.97% |
2022 | 58,549 | 22,679 | 38.08% |
2021 | 63,719 | 23,324 | 36.6% |
2020 | 52,627 | 23,254 | 44.1% |
Yes, according to MBA placement data (2024), 100% of the full time MBA students who were seeking internship opportunities were able to secure one, a few months after completing graduation.
Monthly mean base salary earned by graduates as part of the internship stood at CAD 5,618 (INR 3.47 L) while monthly median figure stood at CAD 5,000 (INR 3.1 L).
Average salary earned by BCom graduates stands at CAD 60,621 (INR 37.5 L). Further, BCom placement rate stands at 80%, after 6 months of graduation with 15% of the graduates attending graduate schools within 6 months of completing respective undergraduate studies.
McKinsey Consulting, Hyundai, IBM, Adidas, Deloitte & KPMG are some of the top companies recruiting McGill BCom graduates.
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