Ahead of its 200 year anniversary, Canada’s McGill University has unveiled a C$2 billion fundraising campaign designed to propel the university into its third century.
The funds are hoped to be a boost to financial aid and scholarships, equipping students with the skills needed to be “future-ready” global leaders, and supporting research and innovation in some of the most pressing societal challenges.
As McGill approaches its 200 year anniversary in 2021, the university has launched the most ambitious fundraising drive in their history: Made by McGill: the Campaign for Our Third Century.
Suzanne Fortier, Principal and Vice-Chancellor of the Canadian university, said: “McGill is moving into its third century against a worldwide backdrop of major social, environmental and technological change. This demands a profound redefinition of what a global university looks like in the 21st century: one that McGill is well positioned to lead with the support of our worldwide community of alumni, friends and donors.”
Funds raised will be directed to four key areas at McGill University
C$600 million is to go towards increasing funding for bursaries, scholarships and other means of student support.
Hands-on learning experiences for students through field study opportunities, academic exchanges, interdisciplinary research, and internships are expected to receive C$250 million.
C$750 million will go towards research, accelerating discovery and breakthroughs in strategic areas where McGill is poised to make the most significant contributions, including neuroscience, environmental sustainability, the social impacts of artificial intelligence and data science, and infection and human immune threats.
Finally, C$100 million will be directed towards increasing innovation across faculties through seed funding, training, and mentoring from graduates and industry partners.
Beyond these four key campaign priorities, a further C$300 million will be earmarked for capital projects to provide new or expanded facilities for students, faculty and for research projects.
Kate Frazer is a reporter for Global Education Times with a focus on UK/Ireland and North American education news. When she is not writing for GET News, Kate spends her time as an English and Maths tutor, and is currently pursuing her PGCE in Secondary Mathematics.
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