A $400,000 donation from Scotiabank will benefit NAIT students and help the polytechnic continue to grow to meet the needs of Alberta. Announced on March 7, the gift will be used to fund campus expansion, student scholarships and the NAIT International Student Centre.
More specifically, the $400,000 donation has been earmarked for the following areas:
- Essential: The NAIT Campaign, which supports student success, applied research and the construction of the Centre for Applied Technology - home to the JR Shaw School of Business.
- The operation of the NAIT International Student Centre.
- The establishment of the Scotiabank Trades to Degrees Bursary. Three bursaries of $1,000 each will be available annually to students enrolled in the Bachelor of Business Administration program by way of the Trades to Degrees pathway.
In recognition of this donation, NAIT's banking and stock trading lab, part of the JR Shaw School of Business, has been named the Scotiabank Banking and Stock Trading Laboratory. The lab simulates the look and feel of both a real stock trading room (including state-of-the-art work stations and a stock-ticker mounted on the wall) and a financial institution, including realistic customer service stations.
Essential: The NAIT Campaign is the largest fundraising initiative in the polytechnic's history. Launched in 2014, the goal is to raise $100 million by 2018. To date, more than $90 million has been raised.
QUOTES
Tracey Scarlett, dean of the JR Shaw School of Business
"We are grateful for this support from Scotiabank and for the new learning opportunities it creates for students. The Scotiabank Banking and Stock Trading Laboratory brings advanced simulation technology into the classroom, helping to train the next generation of financial leaders. And importantly, this gift also supports new opportunities for international students and financial assistance for trades graduates to obtain a Bachelor of Business Administration degree."
Don McEwan, District Vice President, Edmonton at Scotiabank
"Scotiabank is proud to support organizations that help young people realize their infinite potential. Through NAIT's focus on the important field of applied technology, the polytechnic is helping to provide students with the vital skills that they will need in their careers. Young people are our future leaders and Scotiabank's goal is to ensure that they have the necessary skills and resources they need to support their success."
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Essential: The NAIT Campaign
