Salaries and Funding

Employers determine and fund the salary for a UBC Science Co-op student, though our office can help with salary recommendations.

Figures represented in the PDF file below are not salaries set by our office, but merely a compilation of salaries provided by companies/organizations who have hired UBC Co-op students on work terms. Approximately 75 per cent of UBC Science Co-op placements are in BC’s Lower Mainland.

  • Figures are gross monthly salaries and are in Canadian dollars.
  • Generally, salaries for student placements are lower than those for an individual who has completed their education but is doing a comparable position in industry.
  • Minimum wage in BC is currently $11.35 an hour (as of September 2017).
  • Click here for minimum wages in BC. Click here for minimum wages in other provinces.
  • Salaries across Canada and the world vary by location.

View PDF of average student salary statistics

Sources of Funding

There are many sources of funding available to various types of employers through grants, awards and workplace tax rebates. Contact the UBC Science Co-op office to learn about which funding options might be available to you:

BC Tech Co-op Grants Program

Small technology companies are matched with first-term Co-op university students. If it is the company’s first Co-op employee in five or more years, they are matched with students of any term. Approved companies will receive a BC Tech Co-op Grant in the amount of $2,700 to cover up to 25% of the student’s salary, before the last month of the Co-op term.

Web: http://www.bcic.ca/techworks

SWILP (Student Work-Integrated Learning Program) Co-op Subsidy

On September 5th, 2017, the Government of Canada announced that it will invest $73-million over four years (2017 to 2021) to support post-secondary co-op student work placements with industry employers and subsidize salaries for co-op students who meet eligibility requirements.

Read more

Industrial Research Assistance Program

To learn more about this subsidy, please call to find an IRAP regional office near you or visit the IRAP homepage. Your regional IRAP office representative will consult with you and assess whether your organization is eligible.

Phone: 1-877-994-4727
Web: http://irap-pari.nrc-cnrc.gc.ca

Natural Sciences and Engineering Research Council Undergraduate Student Experience Awards

Maximum funding available is $4,500 for four months to support hiring students. Up to 15 awards can be given to an approved company per year. Companies receive the $4500 as a reimbursement after the student has completed their work term. Formerly known as NSERC Industrial Undergraduate Student Research Awards. Applications should be submitted at least four weeks prior to the student's start date. There are also Undergraduate Student Research Awards, Environment Canada Atmospheric and Meteorological Undergraduate Supplements available.

Web: http://www.nserc-crsng.gc.ca/Students-Etudiants/UG-PC/index_eng.asp

Pacific Institute for Climate Solutions

PICS Internships provide support for the hiring of university students to work on topics that align with one of our five research themes. Internships serve to enhance the students’ knowledge and expertise in the area of climate change, as well as to integrate that knowledge into practice. $10,000 in internship funding per four-month placement is available to provincial and local governments and BC-based NGOs. In addition, PICS will match private sector and crown corporation contributions to a maximum of $6,000 for four-month internship placements in areas of interest to PICS.

Web: http://pics.uvic.ca/fellowships/internships

Canada Summer Jobs

Funding available to approved employers for up to 50% of the minimum hourly wage for private and public sector companies, and up to 100% of the minimum hourly wage for not-for-profit organizations.

Web: http://www.servicecanada.gc.ca/eng/epb/yi/yep/programs/scpp.shtml

Scientific Research and Experimental Development Tax Credit

Provides a 10 percent tax credit to qualifying corporations--claimed when filing the T2 Corporation Income Tax Return.

Web: http://www2.gov.bc.ca/gov/content/taxes/income-taxes/corporate/credits/scientific-research-development

 

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