MB announces changes, funding for scholarships, bursaries

March 15, 2017

Manitoba has announced new funding and changes to the Manitoba Scholarship and Bursary Initiative. These changes include increased provincial funding totaling $6.75M for 2017-2018, up to $20M in scholarships and bursaries going directly to students each year, increased fundraising matching from the government, and a new requirement for all funds to be provided directly to students rather than invested in endowments. The initiative will also be expanded to incorporate the Manitoba Institute of Trades and Technology, Canadian Mennonite University, Booth University College, Providence University College, and Steinbach Bible College for the first time. University of Manitoba President David Barnard welcomed the changes, stating that “more students will be able to achieve their goal of attending university, through financial assistance facilitated by the generous support of our government and private donors.” MB