TELUS Launches Canada's Largest Bursary Fund to Support Students
TELUS Friendly Future Foundation has officially announced the launch of the TELUS Student Bursary, Canada's largest bursary fund. With a $25 million endowment gift from TELUS and an additional $25 million commitment in fundraising, the bursary aims to support students facing financial barriers in pursuing or continuing their post-secondary education. The 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 Canadian colleges, universities, or polytechnic institutes.
Addressing Financial Barriers
The TELUS Student Bursary seeks to address the financial challenges that many capable students face when pursuing higher education. Nearly one in three students in Canada have considered withdrawing from their studies due to financial constraints. By providing financial support, the bursary aims to enable students to access higher education and overcome these barriers.
Impact and Support
The launch of this bursary fund highlights TELUS Friendly Future Foundation's commitment to supporting youth in reaching their full potential. Through funding over 500 charities each year and providing educational bursaries, the foundation aims to help more than 2 million youth across Canada build skills, gain confidence, and feel a sense of belonging.
TELUS Friendly Future Foundation's initiatives, including the TELUS Student Bursary, demonstrate their dedication to creating equal opportunities for all youth, regardless of their circumstances.
For more information about the TELUS Friendly Future Foundation and the TELUS Student Bursary, please visit their website.
The Impact of TELUS's Student Bursary Fund on New Businesses
The launch of the TELUS Student Bursary, the largest of its kind in Canada, could have significant implications for new businesses. This initiative, aimed at supporting students facing financial barriers in pursuing higher education, highlights the growing trend of corporate social responsibility (CSR) and the increasing expectation for businesses to contribute positively to society.
CSR and Business Reputation
For new businesses, this development underscores the potential benefits of engaging in CSR activities. A strong commitment to CSR can enhance a company's reputation, increase customer loyalty, and even attract top talent. By following TELUS's example and investing in initiatives that address societal issues, new businesses can position themselves as socially responsible entities.
Investing in Future Talent
Furthermore, by supporting education, businesses can contribute to the development of future talent. The TELUS Student Bursary helps youth access higher education, potentially leading to a more skilled and diverse workforce in the future. This can be particularly beneficial for new businesses in industries facing skills shortages or those that value innovative thinking and diversity.
In conclusion, TELUS's launch of Canada's largest student bursary fund highlights the importance of CSR and the potential benefits of investing in education for new businesses.
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