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

Two Canadian students have just gained an extra $750 each. We’re thrilled to reveal this year’s recipients of the 2024 Loans Canada x KOHO Financial Literacy scholarship.

Congratulations to Ezinne Ifeanacho and Julia Pederson – the recipients of the 2024 Winter Loans Canada x KOHO scholarship.

About Ezinne Ifeanacho

Ezinne is a student at McMasters completing her Health Sciences Hon (Honours) Bachelors. She is an inspiring student who has seized opportunities to redefine independence. From securing employment and opening a Tax-Free Savings Account (TFSA) to spearheading a Financial Literacy Workshop for Black Students at McMaster University – her story reflects determination and resourcefulness. 

Not to mention her dedication to inspiring literacy by serving as a community advisor. As Ezinne recognized the need for financial education in underserved communities she created a workshop through the university’s Black Student Association. While setting SMART goals, she also took advantage of government programs such as the Ontario Student Assistance Program (OSAP). Her work has provided a roadmap for financial success and contributed to the educational pursuits of other students at McMaster. 

We can’t wait to see how Ezinne continues to grow and foster financial literacy in her community. 

Julia Pederson

Meet Julia Pederson of Edmonton, Alberta. Julia is a high school senior who uses detailed financial planning and research to achieve her financial goals post-graduation. 

Marked by a commitment to form strong savings from a young age, Julia made use of various online tools and apps to create a budget that worked for her. Through after-school work, Julia ensured long-term financial security by building interest on her paycheques and savings through a redeemable and non-redeemable GIC account. 

Julia’s insightful advice for fellow teenagers stems from her own experience: “The earlier you start, the more you will make.” This approach reflects Julia Pederson’s financial wisdom and sets a practical guide for teenagers aspiring to build a secure financial future.

Loans Canada x KOHO Financial Literacy Scholarship

The Loans Canada Financial Literacy Scholarship began in 2020. And has returned to partner with KOHO for the second year in a row. The scholarship doubles the impact by awarding $1,500 per semester to two students registered for post-secondary education in Canada. That’s $3,000 toward offsetting the costs of higher education.

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.

More From This Author

Special Offers

More From Our Experts

https://loanscanada.ca/wp-content/uploads/2017/09/ported-motgage.png
Porting A Mortgage | What Does It Mean?

By Bryan Daly
Published on June 11, 2024

Everything you need to know about porting your mortgage and when it's actually a good idea.

https://loanscanada.ca/wp-content/uploads/2017/12/Deed-in-Lieu-of-Foreclosure.png
Deed In Lieu Of Foreclosure In Canada: An Alternative To Foreclosure

By Lisa Rennie

A deed in lieu of foreclosure is when you agree to voluntarily hand over the deed to your home to the lender instead of going through a foreclosure.

https://loanscanada.ca/wp-content/uploads/2013/10/Condo-vs-house.png
Pros And Cons Of Buying A House vs Buying A Condo

By Lisa Rennie

What are some of the disadvantages and advantages of buying a house or a condo?

https://loanscanada.ca/wp-content/uploads/2024/06/Moi-Program-1.png
What Is The Moi Program?

By Savanna Craig

Are you wondering if the Moi program is worth it? Find how much Moi points are worth and where you can earn them.

https://loanscanada.ca/wp-content/uploads/2012/08/monthly-costs-of-owning-a-house-ontario.png
The Costs Of Owning A Home In Ontario

By Lisa Rennie

Wondering how much it costs to own a home? Let's look beyond mortgage closing costs and analyze exactly are the monthly costs of owning a house in Ont...

https://loanscanada.ca/wp-content/uploads/2024/05/best-time-to-buy-a-house.png
When Is The Best Time To Buy A House?

By Lisa Rennie

Learn how to determine whether or not it's a good time to purchase a house.

https://loanscanada.ca/wp-content/uploads/2018/01/power-of-sale.png
What Is A Power Of Sale For A Mortgage?

By Jessica Martel

A power of sale essentially allows the lender - not the homeowner - to sell the home if the borrower defaults on the mortgage.

https://loanscanada.ca/wp-content/uploads/2021/06/BC-Disability-Assistance.png
Do You Qualify For Disability Assistance In BC?

By Matthew Taylor

The BC Disability Assistance Program provides monthly disability assistance payments to people with the Persons with Disabilities (PWD) Designation.

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