Scholarship Terms and Conditions
There are fifteen (15) RBC Students Leading Change Scholarships in total (each, a “Scholarship”), allocated amongst 2 student categories (as further described below): 8 for graduating high school students and 7 for students in a post-secondary degree or diploma program. There are six (6) Scholarships which are exclusively offered to clients of Royal Bank of Canada (“Royal Bank”). The remaining nine (9) Scholarships are offered to both clients and non-clients of Royal Bank in accordance with the criteria set forth herein.
- To be eligible for one of the fifteen (15) Scholarships, all applicants must have (and will be required to provide proof of):
- Canadian citizenship or permanent resident status
- Minimum cumulative GPA equivalent to a 75% average
- Category 1 (Graduating High School or CEGEP): Currently enrolled in their graduating year of a Canadian High School or CEGEP or have graduated from a Canadian High School or CEGEP within the last 2 years, and will be enrolled in their first year of a minimum 2 year undergraduate degree or diploma program on a full-time basis at a recognized publicly funded Canadian university or college in the Fall 2017 academic term
- Category 2 (Undergraduate or Graduate Degree or Diploma): Currently enrolled in a degree or diploma program on a full-time basis in a recognized publicly funded Canadian university or college and planning to continue full-time studies in the Fall 2017 academic term. Must have at least 2 years of full-time studies remaining in the program
- Students with a disability who attend or are planning to attend post-secondary school on a part-time basis. Please see terms and conditions #18
- To be eligible for one of the six (6) Scholarships (3 for each student category described above) which are exclusively offered to clients of Royal Bank, an applicant must meet the additional criteria set out in section 2 below.
If the school enrolment documentation is not submitted to the scholarship administrator, yconic, within the specified timeframe, the application may be subject to disqualification.
Each of the Scholarships shall be comprised of a lump sum payment in the amount of Cdn $10,000 to be paid by way of cheque directly to the Scholarship recipient’s publicly funded Canadian university or college. Such amount shall be applied by the university or college towards the student’s tuition and other school-related expenses (including books and residence fees). To the extent the Scholarship recipient withdraws from the Canadian university or college prior to the depletion of the Scholarship funds, the student shall forfeit such funds.
- Provided the quality of eligible applications is sufficient, as determined in Royal Bank’s sole discretion, based on the Application Evaluation Criteria in Section 6, at least one Scholarship winner will be chosen from each of the following eight Regions: British Columbia; Alberta; Manitoba /Saskatchewan and the Territories (including Yukon, Northwest and Nunavut); Northern and Eastern Ontario; Southwestern Ontario; Greater Toronto Area; Quebec; and the Atlantic (including New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland). For greater certainty, the judging panel will use its best efforts to award a Scholarship in each Region but reserves the right, in its absolute and sole discretion, to forgo any particular Region if the quality of applications does not warrant inclusion, as determined in Royal Bank’s sole discretion.
- If you have indicated that you are a Royal Bank client, your status as an account holder will be verified at the close of the Scholarship application acceptance period on February 28, 2017. Account(s) must be active and in good standing as of February 28, 2017 and through to the Scholarship selection and announcement period. If status as an account holder cannot be verified or the account is not active and/or in good standing at the time of winner announcement, the applicant will not be eligible to compete for one of the two (2) Scholarships offered in their student category (total of 6) to Royal Bank customers but will remain eligible to compete for one of the nine (9) other Scholarships.
- If you plan to attend a post-secondary school outside of Canada commencing in Fall 2017 as part of a year-abroad program, you may still be eligible to apply provided you are participating in an exchange program as part of your undergraduate course curriculum at a recognized publicly funded Canadian college or university and your graduation diploma is issued from a recognized publicly funded Canadian college or university.
- Applications must be submitted online between Tuesday, November 29, 2016 3:00 pm EST and Tuesday, February 28, 2017, 3:00 pm EST. Please note that the sample application PDF is available only to help you collect and organize your information but will not be accepted as an official application form. Submissions must be made online.
- You may submit your application in either of Canada’s official languages, French or English. However, applications must be completed and submitted using a single language.
- Application Evaluation Criteria:
Applicants must submit an application and write one (1) original 500-word essay (see Question below).
A judging panel comprised of post-secondary school educators, industry experts, and our scholarship administrator, yconic, will be responsible for evaluating qualifying entries.
Essay Question (Answer in 500 words or less):
What is one issue you are most passionate about changing globally or in your community? How are you involved in seeing this change through and how would you inspire others to join your cause?
* Answer in 500 words or less
The essay answer in each case will be scored based on the following criteria:
- Clarity of thought and communication of arguments
- Potential inspirational impact
- Grammar and spelling
- Decisions regarding potential Scholarship recipients will be made on May 5, 2017 and potential Scholarship recipients will be notified on or around May 19, 2017.
- Potential Scholarship recipients (and in the case of minors, a parent or legal guardian) will be required to sign a Declaration of Compliance, Publicity and Liability Release before being awarded a Scholarship. The signed declaration and release will include the recipient's consent to the use of their name, city and province or territory of residence and photograph, image or likeness without further compensation, in any publicity or advertisement carried out by or on behalf of Royal Bank in any manner whatsoever in respect of the Scholarship program, and includes a release of Royal Bank, its subsidiaries and our scholarship administrator and each of their respective officers, directors, agents, representatives, successors and assigns from liability in connection with this Scholarship program and/or the awarding and use/misuse of the Scholarship.
- Employees, directors, and officers of Royal Bank and its subsidiaries, and any child of any of the foregoing are not eligible for the Scholarships. For greater certainty, “child” shall be defined herein as a person whose parent or legal guardian is an employee, director or officer of Royal Bank or any of its subsidiaries.
- Royal Bank reserves the right, in its sole discretion, to modify, amend (including extending the Scholarship application deadline) or cancel this Scholarship program at any time without individual notice.
- By entering this Scholarship competition you agree to be bound by these terms and conditions, the records of Royal Bank and the decisions of the Scholarship competition judges, which records and decisions shall be deemed final, conclusive and binding in all matters.
- You certify that all the information provided on the application form and in all the accompanying documents is true, accurate, and complete to the best of your knowledge. You understand that the provision of false information will render you ineligible for this Scholarship program.
- By submitting this Scholarship application, you hereby authorize Royal Bank and its employees, agents, contractors and those of its affiliates to release any information provided in or relating to your Scholarship application to its representatives, the Scholarship judges, yconic, and their respective representatives who need to know such information for purposes of administering and promoting this and other Royal Bank scholarship programs. The selection committee will use the information only for purposes of evaluating your Scholarship application.
- You authorize Royal Bank, yconic and their respective representatives to collect, use, store and confirm information about you from you, your application, service arrangements you have made with or through Royal Bank; high school, college, university, government, or community sources, and from references you have provided to Royal Bank, yconic, and their respective representatives in your application for the purposes of administering and promoting this Scholarship program. The information Royal Bank, yconic, and their respective representatives may collect, use, store and confirm includes, but is not limited to, personal evaluations and transcripts.
- You hereby authorize third parties, such as universities, government or community sources to release information required for the Scholarship to Royal Bank, yconic, and their respective representatives who need to know such information for purposes of administering the Scholarship program. This information may include personal evaluations, verification that student information is correct and transcripts.
- You understand and agree that Royal Bank will use information gathered in connection with Scholarship applications in aggregate and anonymous form to further its understanding of undergraduate students in general. The aggregate and anonymous information may also be used for the Scholarship program publicity or promotional purposes.
- Students with a disability who will be attending post-secondary school part-time on the basis of their disability are also eligible to apply. Applicants must provide written documentation from their physician which indicates that the applicant’s disability prevents them from attending school on a full-time basis. For the purposes of this Scholarship program, a disability is defined as “a functional limitation that is caused by physical, sensory or mental health impairment or learning disability that restricts a student’s ability to perform the daily activities necessary to participate fully in post-secondary learning."
- The definition of what constitutes “full-time” status is determined by the post-secondary school being attended.