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Education
Keeping kids in school
Helping kids stay in school is a key area of focus for RBC.
- In 2007, RBC invested $2 million with 77 of Canada's
top community-based after-school programs. We have been
funding after-school programs since 1999, with more than
$14.8 million given through 472 grants to 157 different
organizations that have helped more than 14,000 children
over the past nine years.
- RBC supports Junior Achievement (JA), an international
organization dedicated to educating and inspiring young
people about business and economics. We help fund JA's Economics
of Staying in School program, which encourages junior high
school and high school students to reflect on the advantages
of remaining in school so they can acquire the knowledge,
attitudes and skills needed for long-term career success.
- In the U.S., RBC Centura supports Communities in Schools,
the nation's leading community-based organization helping
young people stay in school and prepare for life. For 30
years, Communities in Schools has helped students choose
success by ensuring their access to five basics: a one-on-one
relationship with a caring adult, a safe place to learn
and grow, a healthy start and a healthy future, a marketable
skill to use upon graduation, and a chance to give back
to peers and community.
- RBC Centura's 2007 Tribute to Teachers program recognized
25 outstanding teachers across the U.S. Southeast for their
classroom contributions and leadership. Selected from more
than 1,800 student and parent nominations, the winners each
received $500 in "classroom cash" to be spent
on supplies and
materials for the classroom.
Post-secondary education
In 2007, RBC Foundation donated more than $4.7 million to
support universities and colleges in Canada.
Towards higher education
RBC provides products to help parents finance a child's education.
The RBC Target Education Funds offer investment growth potential
up front and become more conservative as the child approaches
college or university age. Through the RBC Rewards® program,
RBC Royal Bank Visa cardholders can exchange their
points for a cash contribution to an RBC Registered Education
Savings Plan.
RBC invests in education through scholarships, including:
- RBC Scholarship Program for our employees' children
- RBC Medical and Dental Student Scholarship
- RBC Royal Bank Financial Life Skills Scholarship
- A number of scholarships through programs, not-for-profit
organizations and post-secondary institutions.
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