TELUS Friendly Future Foundation launches new $50 million TELUS Student Bursary Fund – the largest bursary fund in Canada
TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Today, TELUS Friendly Future Foundation announced the launch of Canada’s largest bursary fund: the TELUS Student Bursary, supporting students facing financial barriers impacting their ability to enroll or continue their education. Created through a $25 million endowment gift from TELUS, along with an additional $25 million commitment in fundraising from TELUS Friendly Future Foundation, TELUS Student Bursaries are awarded annually to youth between the ages of 17 and 29 who are accepted into, or attending, any undergraduate degree or diploma program at any Canadian college, university or polytechnic institute, enabling youth across the country to access higher education.
- “Through the TELUS Student Bursary, we are helping to empower and motivate young people to pursue their dreams, realize their full potential and create a better world,” said Darren Entwistle, President and CEO, TELUS.
- “Building on the $120 million gift from TELUS to inaugurate the Foundation in 2018, TELUS’ additional endowment to create the largest bursary fund in Canada is a testament to our team’s unwavering commitment to ensuring every young person in Canada is able to realize their dreams of a post-secondary education.
- Together, with TELUS Friendly Future Foundation, our annual bursary program will enable thousands of youth who might lack the means to attend college, university or a technical vocational school.
- The TELUS Student Bursary is not just about funding, but about belief in the boundless potential of our youth and the transformative power they hold,” said Ashif Mawji, chair, Board of Directors, TELUS Friendly Future Foundation.