Financial wellness is one of eight components found on the Wellness Wheel.
This component describes the ability to manage your financial resources successfully. It involves not living beyond your means, budgeting effectively, and creating short and long-term goals to save, invest, and plan for the future.
The Scholarships and Student Aid Office offers advice on funding options, budgeting and debt management. They manage McGill’s bursary, loan and Work Study program based on financial need. They also disburse all provincial, federal and US government student aid funding, and help with government aid information and documentation. Additionally the Scholarships and Student Aid Office directly collaborated with students to create The Frugal Scholar Money Management Program, which is a comprehensive program designed to help students budget effectively and graduate with manageable debt.
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McGill University is on land which has long served as a site of meeting and exchange amongst Indigenous peoples, including the Haudenosaunee and Anishinabeg nations. We acknowledge and thank the diverse Indigenous peoples whose presence marks this territory on which peoples of the world now gather. Visit the Office of Indigenous Initiatives website to learn more about the Land and Peoples of Tiohtià:ke/ Montreal.