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Loran Scholars Foundation

From Wikipedia, the free encyclopedia
Loran Scholars Foundation
Formation1988
HeadquartersToronto, Ontario, Canada
Official language
English, French
CEO
Meghan Moore (Loran Scholar '98)
Key people
  • Robert Cluett (Founder)
  • Mike Johnston (Chair)
Websitewww.loranscholar.ca

Founded in Toronto in 1988, the Loran Scholars Foundation is a national charitable organization awarding bursaries for students entering university in Canada. Loran Scholars receive the country's largest undergraduate merit award on the basis of character, commitment to service and leadership potential.

Loran Scholars

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The Loran Scholars Foundation selects up to 36 students each year for an undergraduate scholarship valued at $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. Twenty-five Loran Scholars have gone on to win Rhodes Scholarships.[2] It consists of annual stipends, a matching tuition waiver, summer internship funding, annual retreats and scholar gatherings, and mentoring over four years of study.

Candidate selection

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The Loran Scholar selection process is rigorous. The selection process is as follows:

  • Applications are open to all graduating students in high schools and Cégeps/CEGEPs across Canada and consist of a written application submitted electronically; the deadline is in early October.
  • The Loran Award typically receives more than 5000 applications annually. Shortlisted applicants will then be invited to submit a supplementary video. From there, shortlisted applicants (roughly 250 students) will participate in one-on-one and panel style semi-final interviews hosted online from regions across Canada over the course of four weeks.
  • Up to 90 finalists are invited from across Canada to attend two days of National Selections in Toronto.[3]
  • Up to 36 candidates are selected as Loran Scholars. In addition, up to 54 finalists who did not get the award get a Finalists scholarship of $6,000, and up to 74 semi-finalists receive Provincial/Territorial awards of $3,000.

Notable alumni

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Since the award was established in 1990, the foundation has selected 825 Loran Scholars. Past Loran Scholars include Lucas Skoczkowski,[4] founder and former 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; Fédération des communautés Francophones et Acadienne du Canada (FCFA) executive director Alain Dupuis; Thalmic Labs co-founder and CEO Stephen Lake; and Orpyx CEO Breanne Everett.[8]

In 2017, several Loran Scholars were recognized for their impact. Patrick Hickey received the Young Humanitarian Award from the Canadian Red Cross.[9] Afzal Habib, co-founder of Kidogo, and Stephen Lake, co-founder and CEO of Thalmic Labs were on Forbes 30 Under 30 list.[10][11] Amy Tan and Lauren Albrecht were featured on Avenue Magazine's Top 40 list, for Calgary [12] and Edmonton,[13] respectively.

Awards

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Several awards are granted by the foundation.

  • $100,000 Loran Award: There are 36 available to be awarded in each selection year.
  • $6,000 Loran Finalist Award: Offered to all qualified finalists who attend National Selections but are not selected as Loran Scholars. There are up to 54 available.
  • $3,000 Loran Provincial/Territorial Award: Offered by semi-final committees to outstanding candidates who are not asked to attend national selections. There are up to 74 available.
  • Honour Citation: Granted to students who distinguish themselves at semi-final interviews but are not offered any monetary awards.
  • Semi-Finalist Certificate: Issued to students selected for a semi-final interview.

Criteria

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Loran Scholars are selected on the basis of character, service, and leadership potential.

Financial value

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Each Loran Scholar receives a scholarship valued at $100,000 over four years (assuming annual renewal during university). The award has three main financial components:

  • The Loran Scholars Foundation offers a $12,000 living stipend per annum.
  • The partner institution at which the scholar chooses to study grants a tuition waiver up to $12,000 per annum.
  • Scholars have access to up to $14,000 for three tri-sectoral summer internships.

Loran Scholars may study at the following universities in Canada:

Atlantic Canada: Dalhousie University, Memorial University, Mount Allison University, University of King's College, University of New Brunswick.

Québec: McGill University, Université Laval, Université de Montréal, Université de Sherbrooke.

Ontario: McMaster University, Toronto Metropolitan 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

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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 $10,000) 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, the Mãori Law Review, BMO Capital Markets, VIA Rail, McKinsey & Company, 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.[14]

W. Garfield Weston Award

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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.[15]

See also

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References

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  1. ^ "Loran Awards". Loran Scholars Foundation. Retrieved 2017-06-16.
  2. ^ "Rhodes Scholars". Loran Scholars Foundation. Retrieved 2017-06-16.
  3. ^ "Application Process". Loran Scholars Foundation. Retrieved 2017-06-16.
  4. ^ "Lucas Skoczkowski: Executive Profile & Biography - Business Week". Bloomberg Businessweek. Archived from the original on March 1, 2014. Retrieved 2014-03-01.
  5. ^ "Graham Fox » Institute for Research on Public Policy". Institute for Research on Public Policy. Retrieved 2014-03-01.
  6. ^ "Diane de Kerckhove, Environment Canada". Government of Canada. Archived from the original on 2014-02-27. Retrieved 2014-04-29.
  7. ^ "François Tanguay-Renaud » Osgoode Hall Law School". Osgoode Hall Law School, York University. Retrieved 2014-06-06.
  8. ^ "Orpyx Medical Technologies - Board of Directors". Orpyx. Retrieved 2014-04-29.
  9. ^ "Red Cross announces humanitarian awards for Newfoundland and Labrador | SaltWire".
  10. ^ Forbes.com
  11. ^ Forbes.com
  12. ^ "Dr. Amy Tan". 30 October 2017.
  13. ^ "Lauren Albrecht". November 2017.
  14. ^ "Summer Program". Loran Scholars Foundation. Retrieved 19 July 2015.
  15. ^ "W. Garfield Weston Awards". Loran Scholars Foundation. Retrieved 19 July 2015.
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