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TELUS Friendly Future Foundation Launches $50 Million Student Bursary Fund - Canada's Largest

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TELUS Launches Canada's Largest Bursary Fund to Support Students Facing Financial Barriers

TELUS Friendly Future Foundation has announced the launch of the TELUS Student Bursary, Canada's largest bursary fund aimed at helping students overcome financial barriers to post-secondary education. With a $25 million endowment gift from TELUS and an additional $25 million commitment from TELUS Friendly Future Foundation, the bursaries will be awarded annually to youth between the ages of 17 and 29 attending any Canadian college, university, or polytechnic institute. This initiative aims to provide access to higher education for students across the country.

Addressing Financial Barriers to Education

The TELUS Student Bursary recognizes the challenges faced by students in affording post-secondary education, with nearly one-third considering withdrawing due to costs. By offering financial support, TELUS aims to empower capable students and ensure they can complete their education without financial burdens.

Supporting Youth and Building a Brighter Future

TELUS Friendly Future Foundation focuses on supporting youth and believes that every young person deserves an equal opportunity to reach their full potential. By funding education and health programs, along with providing bursaries, the foundation aims to help over 2 million youth across Canada. This initiative reflects TELUS' commitment to building a brighter future for Canadian youth. In conclusion, the launch of the TELUS Student Bursary demonstrates TELUS' dedication to supporting students facing financial barriers in pursuing their post-secondary education. By providing substantial financial assistance, TELUS aims to empower students and contribute to a more inclusive and accessible education system in Canada.

Impact of TELUS Student Bursary Launch on New Businesses

The recent launch of the TELUS Student Bursary, Canada's largest bursary fund, by TELUS Friendly Future Foundation, could have far-reaching implications for new businesses, particularly those in the education and technology sectors. The bursary, funded by a $25 million endowment from TELUS and an additional $25 million commitment from the foundation, aims to help students overcome financial barriers to post-secondary education.

Creating Opportunities for Innovation

The initiative could stimulate innovation in the education sector by enabling more students to pursue higher education. This could lead to an increase in skilled graduates, potentially benefiting businesses in need of highly educated employees. It could also drive demand for educational technology and services, creating opportunities for new businesses in these fields.

Building a More Inclusive Future

By supporting youth and promoting equal opportunities, the TELUS Student Bursary aligns with broader societal trends towards inclusivity and social responsibility. This could influence consumer expectations and corporate social responsibility strategies, impacting how new businesses position themselves in the market. In conclusion, the launch of the TELUS Student Bursary could have significant implications for new businesses, driving innovation in the education sector, influencing consumer expectations, and contributing to a more inclusive future.
Story First Published at: https://financialpost.com/globe-newswire/media-advisory-telus-friendly-future-foundation-launches-new-50-million-telus-student-bursary-fund-the-largest-bursary-fund-in-canada
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