For information on current tuition fees*, please visit the McMaster Graduate Fees page.
*Tuition does not cover transportation to and from in-person events (e.g. airfare to/from Hamilton), meals (unless otherwise noted), or additional ancillary fees. Most course materials are provided in digital format. Textbooks will not be required.
$50,000 in new sponsorship funding has been made available through a generous donation from the Marnix E. Heersink School of Biomedical Innovation and Entrepreneurship.
Through this additional donor support, the Master of Biomedical Innovation (MBI) program is now increasing scholarship opportunities for the upcoming cohort.
There are three (3) $2,500 entrance scholarships available to be awarded for each academic year. To become eligible, applicants must apply to the MBI program by completing both a program application and formal application through McMaster Graduate studies. View full program application details here.
Internal program scholarships are only available to those accepted into the MBI program and payment will be reflected on each recipient’s MBI tuition statement.
MBI Scholarship dedicated to Female Entrepreneurship: $5,000*
MBI Scholarship recognizing Community Engagement in Biomedical Innovation: $5,000*
Heersink School sponsored scholarship recognizing Innovation Excellence: $5,000*
*Award criteria will be disseminated to all accepted students for application under separate cover.
OSAP Students in the MBI program are not eligible for the Ontario Student Assistance Program (OSAP).
Student Line of Credit Most banks offer student lines of credit with increased limits for professional programs. Contact your financial institution to discuss which options are available to you.
Tuition Tax Credit If you are self-funding, tuition fees for the Master of Biomedical Innovation may be tax deductible. For details, please consult the Canada Revenue Agency or your tax professional.
Lifelong Learning Plan You or your spouse may be eligible to make tax-free withdrawals from your RRSPs (up to $20,000 each) under the Canada Revenue Agency’s Lifelong Learning Plan (LLP). Please visit the LLP website for more information.
Learn more about the application process and the academic requirements for admissions.
Looking for more information? Visit our FAQ page for answers to common questions about the program, applications, and next steps.