International Leader of Tomorrow Award-winners receive an award-level commensurate with their financial need as determined by the costs of their tuition, fees and living costs, minus the financial contribution the student and their family can make annually towards these costs. A standard needs-assessment is made, based on financial information provided by students and their families.
The International Leader of Tomorrow Award can be renewed for up to three additional years of undergraduate study, or to degree completion, whichever is less, provided the student achieves satisfactory academic standing in their faculty, continues to demonstrate financial need, and maintains their Canadian study permit (visa).