RBC to award 450 scholarships to part-time
or non-students to pursue skills-focused learning opportunities and
unlock their future potential
TORONTO, Jan. 20, 2020 /CNW/ - Today, RBC opened
applications for the RBC Future Launch Scholarship – a reimagined,
skills-focused scholarship program designed for Canadian youth to
gain new skills or build on existing ones.
RBC will award 450 scholarships of $1,500 to youth (aged 15 to 29) who are part-time
or non-students through three application windows in 2020. The
funds can be used to support a wide range of learning
opportunities, including short-term courses, workshops,
certificates, or online training – and their associated costs
(tuition, travel, tools, books, etc.).
Unlike traditional scholarships, applicants will not be required
to submit grades or transcripts. Recipients will instead be
selected based on their drive, commitment to lifelong learning, and
how they plan to pursue their chosen learning opportunity.
Applicants will also be able to submit non-traditional reference
materials, such as visual art, music, poetry, or video blogs. RBC
has partnered with Universities Canada – the voice of Canada's universities and a national leader in
scholarship management for more than 50 years – who will
administer/adjudicate the applications and award the scholarships
across the country.
"We've listened to Canadian youth and believe our reimagined
scholarship will better address the support young people need to
thrive in today's rapidly-changing economy," said Mark Beckles, Senior Director, Youth Strategy
and Innovation, RBC. "By enabling young people to learn a new skill
or build on existing ones, we are empowering them to create a
stronger future for themselves."
The scholarship is made possible through a donation from the RBC
Foundation in support of RBC Future Launch – an initiative designed
to help Canadian youth prepare for the jobs of tomorrow. Launched
in 2017, the initiative is directing $500
million to programs supporting skills development,
networking, work experience, and increased access to mental
well-being supports and services. RBC Future Launch is RBC's
largest-ever commitment to a social issue.
The first application deadline for the RBC Future Launch
Scholarship is April 30, 2020. To
learn more or apply for the scholarship, visit
www.rbc.com/flscholarship.
About RBC
Royal Bank of Canada is a global
financial institution with a purpose-driven, principles-led
approach to delivering leading performance. Our success comes from
the 85,000+ employees who bring our vision, values and strategy to
life so we can help our clients thrive and communities prosper. As
Canada's biggest bank, and one of
the largest in the world based on market capitalization, we have a
diversified business model with a focus on innovation and providing
exceptional experiences to 17 million clients in Canada, the U.S. and 34 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
SOURCE RBC