CHILDREN’S AID FOUNDATION OF CANADA’S POST-SECONDARY EDUCATION PROGRAM
Children’s Aid Foundation of Canada’s Post-Secondary Education Program is a central and deeply impactful component of our overall Education Strategy, and encompasses all of the grants and financial supports students can access directly from the Foundation. Through the generosity of our donors, hundreds of scholarships and bursaries are granted to individuals each year across the country. In addition to the National Post-Secondary Education Program administered by our staff, the Foundation provides grants to numerous partner agencies throughout Canada to provide education-related supports to students at all stages of their educational journeys.
When the Post-Secondary Education Program was launched in 1995, $15,000 was awarded to nine students in the Toronto area. Each year we grant approximately $1.5 million to about 500 post-secondary students across Canada.
The program will continue to be a priority, and we will also focus on removing other barriers our youth face so they can establish healthy and stable foundations on which to continue to build their educational goals. So far this year, over 200 scholarships and over 65 bursaries have been awarded to deserving young students from all over Canada, and this evening we will be presenting a record 78 Ilan Levy Graduation Awards of Excellence.
The National Post-Secondary Education Program grants funds according to the following key areas of need:
Funded by private donors, scholarships are awarded through an annual competitive review process and decisions are made by the Foundation’s Scholarship Award Committee using the criteria of individual attributes, academic achievement, personal contribution, and potential for success.
Funded by private donors, bursary applications are accepted on an ongoing basis throughout the school year from students pursuing either part-time or full-time studies. This funding is available to students who meet the eligibility criteria and who demonstrate financial need.
BMO CAPITAL MARKETS EQUITY THROUGH EDUCATION PROGRAM
In 2020, BMO Capital Markets welcomed Children’s Aid Foundation of Canada to join their Equity Through Education Program.
Equity Through Education is a charitable initiative aimed at creating a more diverse workplace by offering support to help bright, deserving people realize their educational ambitions by giving them opportunities they might not otherwise have. In the first year of this partnership, BMO Capital Markets will support 30 scholarships and up to 30 bursary students through Children’s Aid Foundation of Canada’s National Post-Secondary Education Program.
HSBC NATIONAL TRANSFORMATION PROJECT
Launched in 2015, the HSBC Bank Canada National Transformation Project provides a range of critical and flexible education-related supports, all designed to ensure students can succeed in their academic journey. Supports include bursaries, career related supplies and training, mental and physical health resources, and more.
TED ROGERS SCHOLARSHIP FUND
In collaboration with Rogers Communications, Children’s Aid Foundation of Canada is thrilled to announce our new partnership with the Ted Rogers Scholarship Program. This year, 25 young people across Canada with residential government care experience beginning a post-secondary undergraduate program will now receive $2,500 per year for the duration of their 2 to 4 year programs.