In today’s rapidly evolving world, the importance of education and opportunities for young individuals cannot be overstated. Recognizing this critical need, RBC has taken a proactive step to empower the next generation through its Future Launch Scholarship program. This esteemed initiative aims to support talented and deserving students in pursuing their educational dreams while equipping them with the skills and resources necessary to thrive in an ever-changing workforce.
The RBC Future Launch Scholarship stands as a testament to the bank’s commitment to nurturing young talent and fostering inclusive growth. With a focus on supporting youth across Canada, this scholarship program provides invaluable financial assistance and mentorship opportunities to help young individuals unlock their true potential. Whether you’re a high school student planning to embark on your post-secondary journey or a current undergraduate student seeking additional support, the RBC Future Launch Scholarship is here to bridge the gap and empower you to achieve your academic and professional aspirations.
In this comprehensive guide, we will delve into the intricate details of the RBC Future Launch Scholarship program, exploring its application process, eligibility criteria, and the key requirements applicants need to fulfill. Whether you’re considering applying or simply curious about the opportunities this scholarship presents, we’ll walk you through everything you need to know to maximize your chances of success.
So, if you’re a passionate and motivated student eager to unlock a world of possibilities, keep reading as we unveil the exciting prospects that the RBC Future Launch Scholarship offers. Get ready to embark on a transformative journey that could shape your future and open doors to endless possibilities.
RBC Future Launch Scholarship
The RBC Future Launch Scholarship is a scholarship program that is open to students who are enrolled in a post-secondary institution in Canada. The scholarship is designed to help students who are passionate about their future and who have a clear vision for what they want to achieve.
The scholarship is open to all students, regardless of their academic background or financial need. The only requirement is that students must be enrolled in a post-secondary institution in Canada.
Eligibility
This scholarship is open to Canadian youth aged 15–29, regardless of whether they are currently enrolled part-time in school or not attending school at all. Applicants must be Canadian citizens or permanent residents, and no specific grades or transcripts are required to apply.
Throughout the year, there are numerous scholarships available to be awarded, providing ample opportunities for deserving individuals. It’s important to note that applicants should not be employed by RBC or be dependents of RBC employees.
The scholarship itself amounts to $1,500 and can be utilized for a variety of purposes, including but not limited to:
- Short-term courses
- Workshops
- Certification programs
- Essential equipment or books necessary for your educational pursuits.
RBC Future Launch Scholarship for Indigenous Youth
If you are an Indigenous youth residing in Canada and have aspirations of pursuing post-secondary education, the RBC Future Launch Scholarship for Indigenous Youth can be a valuable opportunity to support your educational goals.
The RBC Future Launch Scholarship for Indigenous Youth aims to recognize and support outstanding First Nations, Inuit, and Métis students across Canada who exhibit strong academic performance and active community involvement.
Every year, this scholarship program awards 20 scholarships to deserving Indigenous youth. Each scholarship is valued at up to $10,000 per year and can be renewed for a maximum of four years. This financial assistance can contribute significantly to your educational journey.
RBC has been committed to offering scholarships to Indigenous students pursuing post-secondary education since 1992. Over the years, more than $1.9 million has been awarded to 218 Indigenous youth across Canada, facilitating their pursuit of higher education.
By providing this scholarship, RBC aims to empower Indigenous youth and support their educational aspirations, ultimately helping them build a brighter future for themselves and their communities.
Eligibility for RBC Future Launch Scholarships for Indigenous Youths
To be eligible for the RBC Future Launch Scholarships, you must meet the following criteria:
- You are a Status Indian*, Non-Status Indian, Inuit, or Métis student.
- You are a permanent resident or citizen of Canada.
- You have applied to or are currently attending an accredited post-secondary institution in Canada.
- You are enrolled in a full course load leading to a recognized degree, certificate, or diploma.
- You have demonstrated strong potential to successfully complete the post-secondary program.
- You require financial assistance to pursue your education.
- You are not an employee of RBC or a dependent of an RBC employee.
- You are between the ages of 15 and 29 at the time of application.
*Indian as defined in Section 2(1) of the Indian Act.
Eligible Institutions
The following Canadian educational institutions are eligible for consideration:
Institutions that possess recognized provincial degree/diploma-granting authority
Affiliated institutions such as vocational schools, colleges, and universities
Field of Study/Program
There are no limitations on the discipline or field of study for eligible programs. However, the program must have a minimum duration of one year. Please note that university preparatory programs from any jurisdiction are not eligible for consideration.
RBC Future Launch Scholarship For Black Youth
The RBC Future Launch Scholarship is a scholarship program that was created by the Royal Bank of Canada (RBC). The scholarship is designed to help Black Canadian students who are pursuing post-secondary education.
The scholarship was created in response to the growing need for financial assistance for Black Canadian students. According to a 2019 report by the Canadian Centre for Policy Alternatives, Black Canadian students are more likely to live in poverty than any other racialized group in Canada. They are also more likely to attend lower-ranked post-secondary institutions and to graduate with more debt.
The RBC Future Launch Scholarship is a significant investment in the future of Black Canadian students. The scholarship will help to remove some of the financial barriers that Black students face in pursuing post-secondary education. It will also help to increase the number of Black students who graduate from post-secondary institutions and who enter the workforce.
The RBC Future Launch Scholarship is a valuable resource for Black Canadian students. The scholarship will help support their educational journey and help them achieve their goals.
In 2023, the scholarship was expanded to include a mentorship component. The mentorship program pairs Black students with successful Black professionals who can provide guidance and support. The mentorship program is designed to help Black students navigate the challenges of post-secondary education and develop the skills and knowledge they need to succeed in their careers.
The RBC Future Launch Scholarship is a powerful tool for supporting Black Canadian students. The scholarship and the mentorship program are helping to remove barriers, provide support, and create opportunities for Black students. The scholarship is making a difference in the lives of Black students and in the future of Canada.
Eligibility Criteria
You must self-identify as a Black Canadian citizen, permanent resident, or refugee.
If you’re a high school student, you should be entering either the 11th or 12th grade in the upcoming academic year to be eligible for mentorship and non-financial support. Alternatively, if you’re already enrolled in post-secondary studies, you should be continuing your studies in the upcoming academic year.
You cannot be an employee of RBC or an dependent of an RBC employee.
Your educational aspirations should be focused on vocational studies, college diplomas, or bachelor’s degree programs.
To be considered, you must be nominated by an approved RBC community partner.
Eligible Institutions
The scholarship applies to Canadian educational institutions that hold recognized provincial degree/diploma-granting powers or their affiliated institutions. This includes vocational schools, colleges, and universities.
Field of Study/Program
There are no restrictions on the discipline or field of study you choose to pursue.
The program you enroll in should have a minimum duration of one year.
Please note that university preparatory programs from any jurisdiction are not eligible for this scholarship.
General Application Process
Here are the step-by-step instructions on how to apply for the RBC Future Launch Scholarship:
- Go to the RBC Future Launch Scholarship website: https://portal.scholarshippartners.ca/welcome/flscholarship_en
- Click on the “Apply Now” button.
- Create an account by entering your email address and password.
- Complete the application form.
- Submit your application.
The application form asks for the following information:
- Your name
- Your contact information
- Your date of birth
- Your educational background
- Your work experience
- Your financial situation
- A personal statement about why you are applying for the scholarship
- A letter of recommendation from a teacher, coach, or other mentor
Here are some tips for writing a strong personal statement for the RBC Future Launch Scholarship:
- Be specific about your goals and why you are interested in the scholarship.
- Share your story and how you have overcome challenges in your life.
- Explain how the scholarship will help you achieve your goals.
- Be positive and enthusiastic.
The RBC Future Launch Scholarship is a great opportunity for young Canadians who are looking to learn new skills for the modern workforce. If you are interested in applying, we encourage you to do so.
RBC Future Launch Scholarship Deadline
Please visit the official website of the RBC Future Launch Scholarship to view the application deadline for the Scholarship program.