Brock\u2019s endowment has increased nearly $2.6 million this year to help students with financial needs, thanks to generous donors and an Ontario government program that multiplied donated bursary money raised by the university this year.<\/p>\n
Between April 1, 2009 and March 31, 2010, donors gave Brock more than $757,000 for student financial awards, which was enough to qualify for a further $1.8 million match from the Ontario Trust for Student Support (OTSS).<\/p>\n
\u201cIt is truly amazing what we can do when we work together to achieve our goals,\u201d said Doug Earle, executive director of The Campaign for a Bold New Brock. \u201cThe energy and determination shown by the Brock community has been an inspiration to behold.\u201d<\/p>\n
\u201cTalented students who may have not been able to afford a university education will now be eligible for a financial boost,\u201d Earle said. \u201cThis nearly $2.6 million addition to our endowment will assist 75 more Ontario students in financial need to attend Brock each and every year.\u201d<\/p>\n
The province\u2019s OTSS program offers matching funds based on how much universities raise to be used for awards for Ontario students with financial need. Total gifts from Brock\u2019s donors surpassed the Brock target set by the government, which ultimately qualified the university for extra provincial dollars on a $1-for-$2.42 basis.<\/p>\n
Compared to other Ontario universities, Brock was more than 250 per cent above its historic average \u2014 the highest percentage for universities targeted by the Ministry of Training, Colleges and Universities for increasing endowments at universities that are per capita below the provincial average. And at 54 per cent above its goal, Brock had the second highest percentage of over-goal results for Ontario universities.<\/p>\n
In this current economy, many students are earning less and borrowing more. With more than 3,000 Brock students graduating this June, the Canadian University Survey Consortium suggests that more than half of them will graduate with debt, owing an average of $26,680 \u2014 an increase of 18 per cent from 2003.<\/p>\n","protected":false},"excerpt":{"rendered":"
The fund will help 75 talented students attend Brock each year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[3332],"_links":{"self":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/3329"}],"collection":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/comments?post=3329"}],"version-history":[{"count":2,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/3329\/revisions"}],"predecessor-version":[{"id":3331,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/3329\/revisions\/3331"}],"wp:attachment":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/media?parent=3329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/categories?post=3329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/tags?post=3329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}