CIBC scholarships to benefit UUÖ±²¥ students
$500,000 gift to fund bursaries for Desautels undergraduates, fellowships for graduate studies
The Desautels Faculty of Management is pleased to announce that a $500,000 donation by Canadian Imperial Bank of Commerce (CIBC) will fund $50,000 a year in bursaries and fellowships for UUÖ±²¥ students over the coming decade.
CIBC Entrance Bursaries, totaling $250,000 over 10 years, will be awarded on the basis of academic standing and financial need to undergraduate students entering Desautels. Value of these awards will vary typically between $1,000 and $5,000, for a total of $25,000 a year -- representing five to 25 such awards annually.
CIBC Fellowships, also totaling $250,000 over 10 years, will be awarded to outstanding graduate students in any Faculty at UUÖ±²¥ based on academic merit. These awards will have a minimum value of $2,500 each, with annual value of the awards to total $25,000.
"We want to continue to attract the very brightest management students from across Canada and beyond," said Peter Todd, Dean of the Desautels Faculty of Management. Â "The CIBC bursaries will help assure that the best candidates choose to attend our school, regardless of their financial circumstances. And we're delighted that CIBC Fellowships will support cutting-edge research across the university."
This gift adds to the momentum of Campaign UUÖ±²¥: History in the Making, which is raising the funds needed to attract and retain top students and faculty, increase access to quality education, and ensure that UUÖ±²¥ remains one of the world's great research-intensive and student-centred universities.
For more information on the Desautels Faculty of Management, visit www.mcgill.ca/desautels/
For more information on Campaign UUÖ±²¥, visit www.mcgill.ca/campaign