Announcing The Winner of Our Financial Literacy Scholarship (Summer 2022)

Announcing The Winner of Our Financial Literacy Scholarship (Summer 2022)

Written by Caitlin Wood
Last Updated September 6, 2022

Today we’re happy to announce the winner of our Loans Canada Financial Literacy Scholarship for Summer 2022. Continuing to help Canadian students meet both their educational and financial goals, through our scholarship, is a project the entire Loans Canada team is really proud of.

We couldn’t be more excited to announce that the winner of our Summer 2022 Financial Literacy Scholarship is Joon Sohn. Joon is an arts student at the University of British Columbia.

Joon Sohn

About Joon

I am an Arts student at the University of British Columbia. As a high school student, I always knew that I wanted to pursue higher education, but I did not like the idea of drowning in student debt. Thus, I applied for many scholarships, worked part-time jobs, and educated myself about financial literacy. Notably, I took a night-school course called Young Entrepreneur Leadership Launchpad (YELL) and the McGill Personal Finance Essentials online course. Through these opportunities, I learned about credit scores, tax-free savings accounts, investing, and student loans. Most importantly, I learned that wise or unwise financial decisions today can have a huge impact later in life, such as when purchasing a home, which underscored the importance of being financially literate. After university, I hope to build a career in high school education, specifically in career and curriculum development, as I want more students to have opportunities to learn about how they can manage their financial future. In this day and age, amidst rising inflation and a fragile global order, I believe that enhancing financial literacy education is crucial, and can be key to our long-term, post-COVID economic recovery.

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.

Scholarship

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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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