Starting Student Life in Canada, Eh? yconic and Scotiabank Canadian IQ Quiz Gives International Students Financial Head Start

TORONTO, ON--(Marketwired - June 30, 2015) - Scotiabank and yconic, a student help community that provides access to financial opportunities, have partnered to announce $10,000 in cash and prizes for international students studying in Canada. Now in its second year, the "What's Your Canadian IQ" quiz engages international students to learn more about Canadian culture and ease their transition into studying abroad.

The "What's your Canadian IQ" quiz is located at FundYourFuture.ca -- a student-focused website. Created jointly by yconic and Scotiabank, the website provides financial aid and advice for money management strategies. The contest runs until August 25, 2015, and winners will be selected in late fall 2015.

"Our goal at yconic is to help make life for students pursuing post-secondary education more affordable and less stressful," said Rob Henderson, President and CEO of yconic. "We are pleased to partner with Scotiabank again to offer financial assistance that helps students with tuition fees that can be three times greater than their Canadian counterparts."

The Scotiabank Canadian IQ Quiz offers eight students the chance to win $1,000 in scholarship money, as well as a $250 'Canadian prize pack'. Odds of winning depend on the number of entries in their region. Eligible international students who participate in the "What's Your Canadian IQ" quiz will also learn more about the Scotiabank StartRight Program for Newcomers, a banking package that aims to make settling in Canada easier for international students. The program offers solutions and advice to students interested in learning how to manage their personal finances and invest in their future, including financial literacy information on the Scotiabank StartRight website scotiabank.com/startright.

"Like many new Canadians, international students are concerned with immediate needs like finding a place to live, settling into their routine and understanding the financial products and services available to them in Canada," said Puneet Mann, Co-Lead of Multicultural Banking at Scotiabank. "Working with yconic to offer this cash prize enables us to help a diverse set of students become financially better off as they pursue their post-secondary studies here in Canada."