TD awards $1.4 million in scholarships to 20 outstanding Canadian students
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The 2024 TD Scholarships for Community Leadership program recognizes students from across Canada for their leadership and contributions to their communities
TORONTO, May 28, 2024 /CNW/ -, May 28, 2024 - Today, TD Bank Group (TD) is pleased to announce the 20 recipients of its 2024 TD Scholarships for Community Leadership program. This year's recipients have been recognized for their outstanding leadership achievements and contributions to support change, nurture progress and help communities thrive. From leading skills-building programs to helping their fellow students develop technology, language, and mathematics capabilities, to fostering community connectedness, and leading physical and mental health initiatives, these recipients are being recognized for the mark they are helping to make in their classrooms and communities.
"AT TD, one of the ways we help deliver on our purpose is by supporting the changemakers of today and tomorrow, who embody exceptional community spirit and leadership and have the potential to make a meaningful impact in the years to come" says Alicia Rose, AVP, Social Impact. "Through the TD Ready Commitment, the Bank's corporate citizenship platform, we're proud to offer this scholarship program to support these outstanding students who are dedicating their time, talents and energy to support change and nurture progress, as they begin the next step of their educational journey."
This year's recipients are:
"Becoming a TD Scholarships for Community Leadership recipient changed the course of my university experience. I no longer had to worry about financing my education and working part time while studying" says Besan Jadalowen, 2022-2023 TD Scholarship for Community Leadership recipient. "And now as an alumni, I am grateful to be connected with a network of young influencers who want to make an impact just like me!"
Since 1995, 580 Canadian high-school students have received a TD Scholarship for Community Leadership for their post-secondary education totaling $29 million from TD. Each year, 20 scholarships are available to be awarded to students in their last year of high- school or CEGEP (in Quebec) and have a value of up to $70,000, including up to $10,000 for tuition and $7,500 for living expenses per year for a maximum of 4 years. Recipients also have the chance to make lifelong connections through summer employment with TD or at a community organization funded by TD through the TD Ready Commitment, as well as mentorship and networking opportunities.
To learn more about this year's recipients and for complete information about the TD Scholarships for Community Leadership program, including eligibility requirements and the selection process, please visit: www.td.com/scholarship. Applications for 2025 scholarships will be available online starting September 2024.
In addition to the TD Scholarship for Community Leadership program, TD also has the TD Scholarship for Indigenous Peoples program – managed by AFOA Canada—a not-for-profit led by Indigenous Peoples. This program has 25 scholarships available to be awarded annually, worth up to $60,000 over four years. Applications for this program for the September 2025 school year will be available online starting in September 2024.
TD has a long-standing commitment to enriching the lives of its customers, colleagues and communities. Under the TD Ready Commitment and its four interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health; we are targeting a total of $1 billion by 2030 in community giving to help support initiatives that focus on these drivers. Through the TD Ready Commitment, TD aspires to link its business, philanthropy and human capital to help people feel more confident - not just about their finances, but also in their ability to achieve their personal goals in a changing world. For further information, visit td.com/tdreadycommitment.
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 27.5 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among the world's leading online financial services firms, with more than 17 million active online and mobile customers. TD had $1.97 trillion in assets on April 30, 2024. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank Group