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We announced the Loans Canada Financial Literacy Scholarship program earlier this year and since then we have received hundreds of applications from wonderful students all across Canada.

Today, we are happy to announce the first winner of our Financial Literacy Scholarship, Elizabeth Gagne, a first-year Bachelor of Commerce student at McGill University from Regina, SK.

About Elizabeth

We asked Elizabeth for a short summary about herself and her contribution in helping kids with financial literacy.

I am determined to graduate from university debt-free.  As such, I worked hard to keep my academic average always >96% so I could be considered for scholarships and I applied for many!  I also worked part-time throughout high school which definitely helped my savings account.  One summer, I spent time volunteering at a Financial Literacy summer camp with Junior Achievement.  As a peer mentor, we spent time talking to young students about debt, credit rating, savings and investing.  I believe the decisions young people make, or fail to make, with their money lays a foundation for their future and I want, firstly, to make good personal decisions and to also continue to help young people make good financial decision.

Needless to say, we are very proud to have selected Elizabeth as the first winner of our scholarship program.

Apply For Our Scholarship

We are now accepting applications for the next round of our scholarship, qualified students can apply by clicking the button below.

Caitlin Wood, BA avatar on Loans Canada
Caitlin Wood, BA

Caitlin Wood is the Editor-in-Chief at Loans Canada and specializes in personal finance. She is a graduate of Dawson College and Concordia University and has been working in the personal finance industry for over eight years. Caitlin has covered various subjects such as debt, credit, and loans. Her work has been published on Zoocasa, GoDaddy, and deBanked. She believes that education and knowledge are the two most important factors in the creation of healthy financial habits. She also believes that openly discussing money and credit, and the responsibilities that come with them can lead to better decisions and a greater sense of financial security.

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