Gift from Joyce Family Foundation creates bursaries for rural students
GUELPH – Rural students with financial need will be eligible to receive new support to launch their studies at the University of Guelph (U of G) thanks to a $2.5-million gift from The Joyce Family Foundation.
Officials say this is the largest in U of G’s history to establish an endowment for needs‑based awards.
The Joyce Family Foundation Bursary for Rural Students is an endowed fund that will provide up to four bursaries at $22,000 ($5,500 per year over four years) for registered full-time students entering any program who have graduated high school within the last two years and who demonstrate financial need.
“In honour of Ron Joyce’s enduring belief in the power of education, the Joyce Family Foundation is proud to establish this bursary program at the University of Guelph,” stated Rob MacIsaac, board chair of the foundation, in a university press release.
“This initiative celebrates determination and potential, supporting students as they work toward their dreams.”
The Joyce Family Foundation is a private, family foundation created by the late Ronald V. Joyce, who is best known as the legendary Canadian behind the success of the Tim Hortons franchise.
His lifelong commitment to helping young Canadians reflects a deep-rooted sense of responsibility to give back to his community, officials say.
“This remarkable gift from The Joyce Family Foundation creates dedicated support for rural students facing financial barriers,” stated Dr. Rene Van Acker, university president and vice-chancellor.
“It sends a powerful message that their potential is recognized and that they can begin their studies at the University of Guelph ready to succeed.”
Eligible students must demonstrate financial need and be entering any undergraduate program within two years of high school graduation. Preference will be given to applicants whose home address is in a rural Ontario community.
For more information on eligibility and how to apply for bursary, visit the university’s website.
The application deadline is April 15.
