Helping new Canadians get a Canadian education is a recipe for success, not only for the people who come here, but for the country as well.
That understanding was the key behind the creation of the RBC Royal Bank Scholarship for New Canadians in 2007, 12 awards valued at $3,500 each awarded yearly to outstanding students whose families have come to Canada within the last 10 years.
Camon Mak, director of multicultural markets at RBC Royal Bank, says the scholarship was created in 2007 out of recognition for the particular financial demands often placed on new Canadians.
“One of the reasons we designed this scholarship is that a lot of newcomers to Canada find very specific challenges around cost. Parents know that a Canadian education is one of the best in the world and they try to find ways to make ends meet — a scholarship like this really helps,” Mak said.
With immigration being Canada’s largest source of population growth, Mak says support systems that help new Canadians succeed are crucial.
“The future of Canada is going to be coming from immigration so you have to ensure that the success of newcomers is deeply embedded in this country. You want them to be financially successful, because they’re going to be everything that will define Canada going forward,” Mak said.
The next deadline for applications is Feb. 1, 2011. For more information on the RBC Royal Bank Scholarships for New Canadians and others, visit rbcroyalbank.com/scholarships.