CAD 5,000 can be very useful, especially at the start of study when tuition deposits, books, relocation, and living costs arrive quickly. But it is not a full scholarship. International students in Canada must still plan for tuition balance, housing, food, local transport, winter clothing, health insurance or medical coverage requirements, study materials, visa or study permit costs, biometrics, travel, and emergency funds.
Graduate programmes may be shorter, but costs still matter. Graduate applicants should check whether their programme has separate assistantships, departmental awards, research funding, or tuition structures. The President's Scholarship can support entry but may not be the main funding source.
Before accepting admission, compare confirmed funding with the official cost of attendance and personal budget. A scholarship headline feels good, but the visa and study plan need numbers that work.