RBC introduces new scholarship for undergraduates
Top award combines financial reward with once-in-lifetime
learning experience in applicable field of study
TORONTO, May 30, 2007 — RBC is launching a new
scholarship for undergraduate students that will reward those
who can create the most practical and inspirational ideas
for innovation and improvement in the field of business, science
or visual arts.
A total of nine scholarships are being offered. The top three
"gold" award winners will each receive $5,000 and
will be invited to choose from among several one-of-a-kind
educational experiences designed to give students a first-hand
look at life in the field of business, science, or visual
arts. A typical experience will include hands-on activities
and provide students with exclusive one-on-one time with leading
professionals in their chosen field. The experiences can last
between one and three days and may take place in one of several
different locations across Canada, all travel expenses included.
Three "silver" and three "bronze" awards
will also be offered, each worth $3,000 and $2,000 respectively.
The final date for applications is July 27th, 2007.
"We are excited to recognize the passion and creative
vision of some of our most talented undergraduate students,"
said Kavita Joshi, senior manager, Student Markets. "In
addition to the well-deserved financial assistance, we also
want to give the best among them a practical and truly memorable
learning opportunity that could be the stepping stone for
more great things to come in their future."
To be eligible for the RBC Royal Bank Scholarship for Undergraduates,
applicants must be either permanent residents or citizens
of Canada, enrolled in an accredited college or university,
and at least entering their second year. Applicants must have
also achieved at least a 70 per cent average in their previous
year of study. Applicants will be asked to identify and articulate
concrete ideas for innovation in business, science, or visual
arts. This includes presenting a plan to implement their idea,
and describing how it will have an impact in their field.
For more information about RBC Royal Bank Scholarship for
Undergraduates, as well application forms, please visit www.rbcroyalbank.com/scholarships/undergraduate.
RBC's Scholarship Awards Program offers a diverse range of
scholarship awards to help address the critical need for student
funding across Canada. In 2006, RBC awarded over 320 scholarships,
totalling more than $600,000. Scholarships are available for
students studying in high school, pursuing undergraduate studies
at college or university, and those entering professional
programs in medicine or dentistry. Specialized scholarships
are also available to New Canadians, Junior A hockey players,
and Aboriginal students. For more information about RBC's
Scholarship Program please visit www.rbcroyalbank.com/scholarships.
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Media Contact:
Judi Levita (416) 974-8810
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