Join millions of Canadians who have already trusted Loans Canada
Apply Now

We’re excited to announce the winner of our Loans Canada Financial Literacy Scholarship for Spring 2021. Helping Canadian students meet both their financial and educational goals will continue to be a priority of ours, especially given the many difficulties students have faced in the past year.

We are thrilled to announce that the winner of our Spring 2021 Financial Literacy Scholarship is Eden Lauren, who is working on a Social Service Worker Diploma at Langara College.

Loans Canada Scholarship Winner

About Eden

We asked Eden to explain how her financial literacy has helped her meet both her education and financial goals.

Financial literacy has given me the ability to effectively utilize financial skills such as budgeting so that I could save enough money to access higher education. Without financial literacy, I would not have been able to afford post-secondary and pursue my dream of becoming a social worker on the downtown east side. I come from a family who has struggled with poverty, homelessness, addiction and intergenerational trauma. I was lucky enough to have strong Aboriginal women who made sure I did not go through some of these hardships firsthand. Therefore I feel that it is my responsibility to give back to my community and break the cycle by pursuing post-secondary education and a career in social work. However, without financial literacy, I would not have been able to achieve this dream of receiving higher education and a career in social work. Overall financial literacy has been a blessing and it has made my relationship with money a positive experience.

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 avatar on Loans Canada
Caitlin Wood

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.

More From This Author

Special Offers

More From Our Experts
How To Refinance A Mazda Car Loan

By Bryan Daly
Published on June 5, 2023

If you're finding it difficult to keep up with your Mazda finance payments, find out if refinancing is an option for you.
How To Pay Off Student Debt In Canada Quickly

By Corrina Murdoch

When it comes to paying off student loan debt in Canada, is there a way to accelerate the process and get out of debt sooner?
Best Credit Cards With Extended Warranty 2023

By Matthew Taylor

A credit card extended warranty is a great tool to have and take advantage of. Especially for consumers who purchase expensive electronics
Student Loan Repayment Assistance Plan

By Mark Gregorski

The Repayment Assistance Plan (RAP) is a program that helps borrowers who are having difficulty paying off their student loans by reducing their payme...
Which Province Has The Most Expensive Speeding Ticket in Canada?

By Lisa Rennie

Slow down and save your money in these provinces. A speeding ticket can cost you your licence, jail time and nearly $3,000 if you speed in...
Fido Refer-A-Friend Program

By Lisa Rennie

The Fido Refer-A-Friend program is unique. You can earn up to 5 free months of Fido cell service EVERY year. That is almost 50% off your bill.
Assessed Value vs. Market Value: How Does It Affect Your Home Equity?

By Mortgage Maestro

How do assessed value and market value differ? Find out how your market value and assessed value affects your home equity?
How To Borrow Using Your Home Equity In 2023

By Lisa Rennie

Do you have equity in your home? Find out how you can get a home equity loan in Canada and how much you can borrow.

Recognized As One Of Canada's Top Growing Companies

Loans Canada, the country's original loan comparison platform, is proud to be recognized as one of Canada's fastest growing companies by The Globe and Mail!

Read More

Why choose Loans Canada?

Apply Once &
Get Multiple Offers
Save Time
And Money
Get Your Free
Credit Score
Expert Tips
And Advice

Build Credit For Just $10/Month

With KOHO's prepaid card you can build a better credit score for just $10/month.

Koho Prepaid Credit Card