Get a free, no obligation personal loan quote with rates as low as 6.99%
Get Started You can apply with no effect to your credit score

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.

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

https://loanscanada.ca/wp-content/uploads/2023/09/GlobeMailTopCompanies2023-1.png
Loans Canada places No. 228 on The Globe and Mail’s fifth-annual ranking of Canada’s Top Growing Companies.

By Caitlin Wood
Published on September 29, 2023

Loans Canada is excited to announce it has made it onto the Globe and Mail’s Top Growing Companies list for the second year in a row.

https://loanscanada.ca/wp-content/uploads/2023/09/Finder-Awards.png
Finder Awards Finalists: Personal Loans Customer Satisfaction Awards 2023

By Priyanka Correia

Loans Canada is happy to announce it received the finalist award in the Best Personal Loan Search Platform category.

https://loanscanada.ca/wp-content/uploads/2016/12/caution-1.jpg
Beware of Fraudulent Lenders Impersonating Loans Canada

By Caitlin Wood

A note to our clients about fraudulent lending practices and illegal upfront fees.

https://loanscanada.ca/wp-content/uploads/2018/02/Statute-Of-Limitations-in-Ontario-for-Debt.png
Statute of Limitations In Ontario For Debt

By Lisa Rennie

Everything you need and want to know about the statute of limitations in Ontario for debt.

https://loanscanada.ca/wp-content/uploads/2023/12/Bill-31-Quebec-1.png
Quebec’s Bill 31: Are Tenant Rights At Risk?

By Maidina Kadeer

Quebec's Bill 31 is an amendment to rental provisions. The bill includes the controversial cancellation of lease transfers.

https://loanscanada.ca/wp-content/uploads/2019/03/manage-debt.png
How To Manage Debt: Credit Cards, Mortgages, And Beyond

By Lisa Rennie

From mortgage debt to consumer debt we have the top tips you need to learn how to manage debt responsibly and effectively.

https://loanscanada.ca/wp-content/uploads/2023/12/Canadian-debt-collection-laws.png
Canadian Debt Collection Laws: How To Stop Collection Harassment

By Lisa Rennie

Are you currently being harassed by a debt collection company? Learn about the Canadian debt collection laws.

https://loanscanada.ca/wp-content/uploads/2022/02/Million-Dollar-Mortgage.png
Can You Afford A Mortgage For A Million Dollar Home In Canada?

By Corrina Murdoch

Do you need a mortgage for million dollar home? Find out how much income you'll need, and what the monthly payments will be like.

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
Free
Service
Expert Tips
And Advice
Exclusive
Offers

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