TELUS Friendly Future Foundation launches new $50 million TELUS Student Bursary Fund

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.

While education opens doors to a brighter future, unfortunately not all youth have the resources needed to attend college or university. Recent reports state that 75 per cent of students find it very hard to afford post-secondary education and nearly 1-in-3 students have considered withdrawing from their studies due to financial difficulty. The TELUS Student Bursary program offers bursaries valued at $5K for university students and $3K for college students, helping break down financial barriers and further empowering youth to thrive and reach their full potential. 

Aligning with the start of the 2023–2024 school year, TELUS Friendly Future Foundation awarded its first round of bursary recipients to more than 400 students across the country. Pulling from their own personal experiences, ranging from immigrating to Canada, to navigating the foster-care system and experiencing social injustice, these are the social impact leaders of tomorrow that will be driving climate action, advancing Reconciliation, advocating for human rights, and uplifting marginalized communities across the country and around the world.

By the end of 2023, TELUS Friendly Future Foundation will have provided $2 million worth of bursaries to students attending post-secondary institutions across Canada and through select post-secondary partners including University of Victoria, Northern Alberta Institute of Technology (NAIT), Humber College, McGill University and Indspire, a national Indigenous registered charity that invests in the education of First Nations, Inuit and Métis peoples. In addition to financial support for their education, the TELUS Student Bursary seeks to help alleviate some of the additional challenges facing students such as affordability and career opportunities. Bursary recipients have access to free mobility and internet plans through TELUS’ Mobility for Good and Internet for Good programs, as well as mentoring, networking and other career development opportunities throughout their schooling and post-graduation, helping enable their ongoing professional success. 

The next student bursary application window will open in spring, 2024. To learn more, visit friendlyfuture.com.

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