The grant came from the Aboriginal Healing Foundation and was given to the university's Oral History Centre.
The money will be spent on a digital storytelling project that focuses on aboriginal men.
Associate history professor Alexander Freund says they are "very grateful" for the funding.
He says it will help promote "intergenerational reconciliation of the residential school legacy and contribute to the national healing legacy."
Associate professor Julie Pelletier says the project will allow survivors to share their experiences, "which will help the healing process."
The project will build on a previous initiative by the Prairie Women’s Health Centre of Excellence, who looked at intergenerational effects on aboriginal women whose mothers were residential school survivors.