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Scotiabank Invests in Humber Program Connecting Youth to Higher Education

·3 min read

Program helps young adults find their path to reach post-secondary goals

TORONTO, June 23, 2022 /CNW/ - Humber College has received $500,000 from Scotiabank to help remove barriers to career advancement and increase access to education for youth from disadvantaged communities.

Humber Institute of Technology and Advanced Learning (CNW Group/Humber Institute of Technology & Advanced Learning)
Humber Institute of Technology and Advanced Learning (CNW Group/Humber Institute of Technology & Advanced Learning)

Scotiabank's gift is part of ScotiaRISE, the Bank's 10-year $500-million initiative that aims to promote economic resilience among disadvantaged groups. Through this gift, Scotiabank will support 16 student cohorts of Humber's Youth Transition Program, a free academic access program that helps young adults 19-29 in the community find their path to higher education. The 7-week program provides young adults with an immersive post-secondary experience that includes advising, mentoring, career exploration, and core academic skill-building while making meaningful connections to ongoing supports that will ease their transition to post-secondary and a meaningful career. At least 340 youth are expected to participate in the YTP through Scotiabank's commitment.

"This support from Scotiabank will help Humber to continue to provide deserving students with the opportunity to achieve academic and career success," said Chris Whitaker, president and CEO, Humber College. "The Youth Transition Program creates a clear pathway to higher education with the supports in place to help students succeed."

Scotiabank will also establish the Scotiabank Meaningful Futures Scholarships, to support YTP students who choose to pursue postsecondary education after graduation. A total of 48 scholarships will be distributed over four years.

"We are proud to support Humber in their endeavour to drive student success by helping youth continue to post-secondary education," says Maria Saros, vice-president and global head of Social Impact at Scotiabank. "We recognize the importance of education in helping individuals gain financial independence, build successful careers, and contribute to their local economies at their fullest potential."

Humber recently exceeded its original $50-million goal as part of the Unlimited Campaign.

About Scotiabank

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.3 trillion (as at April 30, 2022), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit scotiabank.com and follow us on Twitter @ScotiabankViews.

About Humber College Institute of Technology & Advanced Learning 

Humber College is focused on our students' future. Humber provides career-focused education to more than 38,000 full-time and 19,000 part-time students and professional learners in-person at three main Toronto locations and online. As a global leader in polytechnic education, Humber students receive in-depth theoretical learning and hands-on experience with applied research and extensive industry connections. A comprehensive range of credentials, including honours undergraduate degrees, Ontario graduate certificates, diplomas, apprenticeships, and certificates, prepare career-ready global citizens to move seamlessly from education to employment. More than 86 per cent of Humber graduates are employed within six months of completing their studies. Visit humber.ca.

SOURCE Humber Institute of Technology & Advanced Learning

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View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/23/c9075.html