With a total gift of $25,000, RBC Financial has established the annually funded RBC Awards in Indigenous Business Education to recognize and support Canadian Indigenous students in the I.H. Asper School of Business. The awards total $5,000 annually, for a period of five years, and consist of a graduate entrance scholarship, an undergraduate scholarship and an undergraduate bursary.
Each year, beginning in 2016-2017 and ending in 2020-2021, one scholarship of $2,500 will be offered to a graduate student who:
(1) is a member of the Aboriginal Business Education Partners (ABEP) program;
(2) has entered, and is currently enrolled in, their first year of full-time or part-time study in the Faculty of Graduate Studies in the Master of Business Administration (M.B.A.) program, delivered by the I.H. Asper School of Business;
(3) has achieved a minimum grade point average of 3.5 based on the previous 60 credit hours (or equivalent) of study;
(4) of the students that meet criteria (1) through (3), has achieved the highest grade point average based on the previous 60 credit hours (or equivalent) of study.
If there are no candidates that meet all the criteria, the funds for this award will be redirected to one of the other RBC Awards in Indigenous Business Education, as determined by the Coordinator of the ABEP program (or designate).
The Vice-Provost (Graduate Education) and Dean of the Faculty of Graduate Studies (or designate) will ask the Dean of the I.H. Asper School of Business (or designate) to name the selection committee for this award, which will include the Director of the MBA program (or designate) and the Coordinator of the Aboriginal Business Education Partners program (or designate).