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Unleashing their potential

It’s our hope that, by offering scholarship opportunities to passionate and forward-thinking students, we can encourage and equip the next generation to imagine bigger and better things, take chances, think innovatively, and unleash their potential.

Scholarships for industry students

We’re proud to support students who are enrolled in insurance, actuarial science, and finance programs and demonstrate academic excellence.

  • Insurance

    We provide a total of $50,000 in annual scholarships for students enrolled in insurance studies at Mohawk College, Conestoga College, Fanshawe College, Seneca College, MacEwan University, and BC Institute of Technology.

  • Actuarial

    Economical offers a total of $25,000 in annual scholarships for students in the actuarial science program at the University of Waterloo and Concordia University.

  • Finance

    Economical provides $10,000 in annual bursaries to help deserving students of the Wilfrid Laurier University School of Business & Economics.

How to apply: Ask your university or college admissions or financial assistance department about how you can apply for our scholarship or bursary program. All applications are submitted to, reviewed, and selected by our post-secondary institution partner.

Questions? Email us at scholarships@economical.com.

Scholarships for dependent children

Every year, we invest $30,000 in academic scholarships for dependent children of Economical employees.

Scholarships are awarded to select students with a minimum 75% average who are pursuing Canadian post-secondary education and have demonstrated their passion and potential through community involvement, leadership, and extra-curricular activities.

Economical employees can access the application and more details about this program through our employee website.

Questions? Email us at scholarships@economical.com.

Learn more about how we’re making a difference