Special 2012 IYC Bursary

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2012 was designated the International Year of Co-operatives by the United Nations. In honour of this, Atlantic credit unions are pleased to sponsor eight (8) special one-time $1000 bursaries for Atlantic post-secondary students. Two (2) bursaries will be awarded per province.

Bursary Eligibility

  • Open to students pursuing post-secondary education at an accredited university or college in Canada.
  • Students must have lived in Atlantic Canada for at least one (1) year as of the application deadline.
  • Two (2) bursaries will be awarded to students in each of the Atlantic Provinces: New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador.
  • Student must demonstrate involvement in co-operative or credit union activities.
  • Student must demonstrate community involvement and leadership.
  • Student must demonstrate academic aptitude and commitment.
  • Student must demonstrate financial need.

What does “demonstrate involvement in co-operative or credit union activities” mean?

Co-operative does not mean a co-op work term.

Co-operatives (and credit unions, which are co-operative financial institutions) are a special model of business, owned by the members and democratically operated by a local board of directors. Involvement can range from membership to serving on a committee or board. Some co-operatives are not-for-profits and employ volunteers, and that would count as well.  Even working for a co-operative (such as MEC or Just Us) might count. At the very least, you ought to be familiar with what makes co-operatives different from other corporate business models, and be able to name a few near you.

If you’ve been to an ACYL camp or a course or workshop offered by your co-op council, please note that.

There are hundreds of co-operatives businesses across the Atlantic Provinces, and thousands across the country. You might begin by checking with your province’s co-operative council:

Nova Scotia Co-operative Council (902) 893-8966 http://www.novascotia.coop/
Co-operative Enterprise Council (NB) (506) 227-9607 http://www.cecnb.ca
Prince Edward Island Co-operative Council (902) 569-7322 http://peicc.coop
Newfoundland and Labrador Federation of Co-operatives 1-877-726-9431 http://www.nlfc.coop

Submitting Applications

By Mail:

Atlantic Credit Unions IYC Bursary

c/o Atlantic Central
PO Box 9200
6074 Lady Hammond Road,
Halifax, NS  B3K 5N3
Fax:  (902) 484-6771

By Email:

Copies of the application can be sent via email to communications@atlanticcentral.ca. Your submission from your email address will be considered to constitute an official signature.

Before mailing please ensure your application is accompanied by:

___ A copy of your post-secondary institution acceptance letter or other proof of enrolment

___ A transcript of your 2012 (or 2011) marks

___ A portfolio, if applicable

 

Deadline for receipt of applications is 1:00 pm, August 1, 2012

Awards will be announced September 15, 2012