Loran Scholars Foundation
 | |
| Motto | Character, Service, Leadership |
|---|---|
| Formation | 1988 |
| Headquarters | Toronto, Ontario, Canada |
Official language | English, French |
Executive Director | Franca Gucciardi (Loran Scholar '90) |
Key people |
|
| Website | www.loranscholar.ca |
Founded in Toronto in 1988, the Loran Scholars Foundation is a national charitable organization awarding scholarships for students entering university in Canada. Loran Scholars receive the country's largest independent undergraduate merit award on the basis of character, service and leadership.
Loran Scholars
The Loran Scholars Foundation selects approximately 30 students each year for an undergraduate scholarship valued at up to $100,000.[1] It has been active since 1990.
The scholarship is tenable at 25 public universities throughout Canada; however, the lower level awards (provincial awards and finalist awards) can be used at any public Canadian university or college. Eighteen Loran Scholars have gone on to win Rhodes Scholarships.[2] It consists of annual stipends, a matching tuition waiver, summer internship funding, and mentoring over four years of study.
Candidate selection
The Loran Scholar selection process is rigorous. The selection process is as follows:
- Approximately 2,000 nominees come as sponsored candidates, with endorsements from their schools. Each secondary school can sponsor up to three students, and each CEGEP in Quebec can sponsor up to eight students. Evaluations are made by 33 committees in 21 cities, from St. John's to Victoria, and then as many as 330 semi-finalists, or approximately 10 candidates per committee, are chosen for regional interviews. About 50-60 candidates are then invited to attend national selections in Toronto.
- Approximately 2,000 candidates come through the direct pool (self-nomination). The national assessment panel evaluates the application of each candidate, and telephone interviews are conducted with semi-finalists in December. Up to 20 candidates are then invited to attend two days of national selections in Toronto.
- 80 finalists are chosen from across Canada and flown to Toronto for national selections.[3]
- Up to 30 candidates are selected as Loran Scholars. In addition, up to 80 candidates are offered finalist ($3,000) and provincial ($2,000) awards.
Notable alumni
Since the award was established in 1990, the foundation has selected more than 570 Loran Scholars. Past Loran Scholars include Lucas Skoczkowski,[4] founder and CEO of Redknee; Graham Fox,[5] president and CEO of the Institute for Research on Public Policy; Diane Nalini de Kerckhove,[6] a jazz musician and physicist; youth engagement leader and social justice advocate Michelle Dagnino; CPR assist device inventor Corey Centen; François Tanguay-Renaud,[7] Director of York University's Jack & Mae Nathanson Centre on Transnational Human Rights, Crime and Security, and Associate Dean Research at Osgoode Hall Law School; Goldman Sachs managing director Lyle Schwartz; Thalmic Labs co-founder and CEO Stephen Lake; and Orpyx CEO Breanne Everett.[8]
Awards
Several scholarships are awarded by the foundation.
- $100,000 Loran Award. 30 available.
- $3,000 Loran Finalist Award, offered to all finalists who attend national selections but are not selected as Loran Scholars. 40 available.
- $2,000 Loran Provincial Award, offered by regional committees to outstanding semi-finalists who are not asked to attend national selections. 40 available.
- Honour Citation, granted to students who distinguish themselves at regional interviews but are not offered any monetary awards.
- Semi-Finalist Certificate, issued to students selected for a regional interview.
Criteria
Loran Scholars are selected on the basis of character, service and leadership potential.
Financial value
Each Loran Scholar receives a scholarship valued at up to $100,000 over four years (assuming annual renewal during university). The scholarship has three main financial components:
- The Loran Scholars Foundation offers an $10,000 living stipend per annum.
- The partner institution at which the scholar chooses to study grants a tuition waiver up to $10,000 per annum.
- Scholars are awarded up to $8,500 for three summer internships.
Loran Scholars may study at the following universities in Canada:
Atlantic Canada: Dalhousie University, Memorial University, Mount Allison University, Université de Moncton, University of King's College, University of New Brunswick.
Québec: McGill University, Université Laval, Université de Montréal.
Ontario: McMaster University, Ryerson University, Queen's University, University of Guelph, University of Ottawa, University of Toronto, University of Waterloo, Western University, York University.
Prairies: University of Alberta, University of Calgary, University of Manitoba, University of Saskatchewan.
British Columbia: Simon Fraser University, University of British Columbia, University of Victoria.
Experiential value
A unique aspect of the Loran Award is the mentorship program, where each Loran Scholar is paired with a mentor who is a business or community leader. Current and former mentors include ACE Bakery founder Martin Connell, OC, O.Ont; Canadian senator Hon. Landon Pearson; former Ontario Premier Bob Rae; social entrepreneur Scott Gilmore; Second Cup co-founder Frank O'Dea; Dr. Alice Chan-Yip, C.M. of the Montreal Children's Hospital; TV host Lindsay Cameron Wilson; and McMaster professor Dr. Gary Warner.
Furthermore, the Loran Scholars Foundation offers funding (up to $8,500) for three summer internships:
- Enterprise Summer
- Community Development Summer
- Public Policy Summer
Summer employers have included the World Health Organization, the United Nations High Commissioner for Refugees, UNIDROIT, BMO Capital Markets, KPMG, Shannex, the Canadian Urban Institute, Frontier College, the Government of Ontario, the Government of Nunavut, Samaritan's Purse and several alumni-founded companies such as Redknee and Canopy Labs.[9]
W. Garfield Weston Award
The Loran Scholars Foundation previously administered the W. Garfield Weston Award for outstanding college-bound students in Canada. Established in 1999 with the support of the W. Garfield Weston Foundation, it awarded up to 25 scholarships to entering college students, and up to 25 scholarships to upper-year college students. The foundation selected its final class of W. Garfield Weston Scholars in 2012.[10]
See also
- Morehead Scholarship (oldest merit-based undergraduate scholarship in the United States)
- Canada Millennium Scholarship (Canadian equivalent of US National Merit Scholarship program, awarded to ~2000 students every year, now defunct)
References
- ↑ "Loran Awards". Loran Scholars Foundation. Retrieved 2016-05-27.
- ↑ "Rhodes Scholars". Loran Scholars Foundation. Retrieved 2015-12-12.
- ↑ "Application Process". Loran Scholars Foundation. Retrieved 2016-05-27.
- ↑ "Lucas Skoczkowski: Executive Profile & Biography - Business Week". Bloomberg Businessweek. Retrieved 2014-03-01.
- ↑ "Graham Fox » Institute for Research on Public Policy". Institute for Research on Public Policy. Retrieved 2014-03-01.
- ↑ "Diane de Kerckhove, Environment Canada". Government of Canada. Retrieved 2014-04-29.
- ↑ "François Tanguay-Renaud » Osgoode Hall Law School". Osgoode Hall Law School, York University. Retrieved 2014-06-06.
- ↑ "Orpyx Medical Technologies - Board of Directors". Orpyx. Retrieved 2014-04-29.
- ↑ "Summer Program". Loran Scholars Foundation. Retrieved 19 July 2015.
- ↑ "W. Garfield Weston Awards". Loran Scholars Foundation. Retrieved 19 July 2015.