Canada Millennium Scholarship Foundation

Canada Millennium Scholarship Foundation

November 17, 2006 10:00 ET

World Petroleum Council Millennium Scholarships Support 74 Ontario Students

TORONTO, ONTARIO--(CCNMatthews - Nov. 17, 2006) - A total of 74 Ontario students from 13 post-secondary institutions will receive $3,000 World Petroleum Council (WPC) Millennium Scholarships for the 2006-2007 academic year. Among them, 40 are enrolled at Queen's (18), University of Western Ontario (12) and the University of Toronto (10). WPC Millennium Scholarships are awarded annually to students who excel academically and are enrolled in post-secondary programs related to the petroleum industry. This year, 215 students throughout the country will receive a WPC Millennium Scholarship.

"The WPC Millennium Scholarship program supports the development of the petroleum industry," said Norman Riddell, executive director and chief executive officer of the Canada Millennium Scholarship Foundation. "Because the Foundation delivers more than 100,000 need-based bursaries each year, we have developed national databases and considerable expertise in putting scholarship programs together. This means we can deliver the WPC program efficiently and at a low cost."

"We get great diversity in the scholarship program and this is very important to cracking the challenges the industry faces in its future," added David Boone, chairman of the World Petroleum Council Canadian Association. "But there are two things that all winners have in common - they have battled and overcome some form of adversity and persevered, and they are strong academic performers. They know their stuff and they are not afraid to pursue their dreams."

The 48 universities that participate in the WPC program assess the academic merit of the students and recommend them to the Foundation for approval. By working in partnership with the WPC program, universities ensure not only that the money goes to students in the right disciplines who need it to help finance their education, but also that the program helps students and industry representatives get together in networking events."

The WPC Millennium Scholarship was created five years ago through a $4.2-million endowment from the Canadian Association of the WPC. It has already helped more than 1,000 students complete their studies. By 2009, WPC Millennium Scholarships will have helped finance the education of 1,600 new petroleum industry professionals.

The Canada Millennium Scholarship Foundation is a private, independent organization created by an act of Parliament in 1998. It encourages Canadian students to strive for excellence and pursue their post-secondary studies. The Foundation distributes $350 million in the form of bursaries and scholarships each year throughout Canada. Since its inception, it has awarded approximately 700,000 bursaries and scholarships, worth a total of more than $2 billion, to Canadian post-secondary students.

Contact Information

  • Impact Group
    Janet Sandor
    416-481-7070 ext. 25
    Mobile: 416-802-5526