Financial literacy is important as it can help Canadians make informed decisions about their future. Many young Canadians tend to carry a lot of debt, especially when it comes to the rising cost of living (which includes increased tuition costs).
Inflation is rising in most sectors and across all provinces and territories in Canada. This inflationary pressure affects various sectors and many socioeconomic groups differently. The purchasing power of post-secondary students is more likely to be affected, since their main spending is on food, rent and tuition.
We are passionate about higher learning and believe that finances should not be a barrier to accessing post-secondary education. Through our scholarship and bursary programs we have awarded over $2 Million to students pursuing post-secondary education. It’s important that we continue to be a financial resource for Canadians looking to achieve their dreams.
Collin Iu is one of the 2023 CST Founders' Award winners. She is the first in her family to attend university, and the first to achieve any form of academic success. She is currently majoring in Professional Writing and double minoring in Anthropology and Creative Writing.
“I think it would be very fun for me to create children’s books,” says Collin Iu, 2023 Founders’ Award Winner. “Getting such a huge award is life-changing. Alleviating a little bit of that financial burden to really fulfill any kinds of creative futures that I want to pursue. It’s really an amazing joy.”
The CST Foundation aims to improve access to post-secondary education with financial support that can lessen the financial and emotional burden for students in years to come.
Founded in 1960, the Canadian Scholarship Trust Foundation is dedicated to helping Canadian families access post-secondary education. Through philanthropy, discovery, advocacy and by sponsoring the Canadian Scholarship Trust Plans to help families save for post-secondary education, CST continues to deliver on its mission. The Foundation rewards hard working and community minded Canadian students through scholarships, bursaries and awards programs. CST has helped over 800,000 students achieve their post-secondary dreams.