TD launches scholarship program for Indigenous students

In partnership with the Aboriginal Financial Officers Association of Canada, TD announced yesterday it will launch its first-ever scholarship program for Indigenous high school and university students.

“This scholarship will be one of the largest of its kind among Canada’s major banks and (launched) across Canada beginning Nov. 18,” says a news release from TD.

Full text of the news release follows:

With education being a critical part in helping prepare youth for the future, we’re excited to share that TD is launching its first-ever scholarship program for Indigenous peoples in partnership with AFOA Canada (Aboriginal Financial Officers Association of Canada).

The program will offer 25 scholarships to deserving high school and university students, and will cover $15,000 per year, for up to four years. In addition, successful students will have the opportunity to join TD for a summer internship experience and will have the opportunity to build their network through mentorship and career development programs.

This scholarship will be one of the largest of its kind among Canada’s major banks and (launched) across Canada beginning Nov. 18, 2022.

According to StatsCan, in 2021 only 53 per cent of youth from Indigenous communities were able to attend some sort of post-secondary institution. Through TD’s scholarship program, the goal is to ensure more students from Indigenous communities have the financial freedom and stability to explore and have the benefit of a post-secondary education and work experience.

To learn more about TD’s new scholarship program for Indigenous peoples and how to apply, please visit the website.