Vancouver Island University has launched a new fundraising campaign aimed at helping students complete their studies.
The university said rising affordability barriers have forced some students to put their education on hold. The new Ripples of Change campaign is intended to increase financial support.
“The campaign aims to raise $2 million to boost the number, and amount, of financial awards the university can give to students,” VIU said. “This year, 2,400 students applied for the 1,467 available awards, and the campaign aims to not only meet the growing need but also provide more support.”
VIU Foundation chair Lee Rowley said the campaign is an investment in students and in the changing economy.
“Every gift creates a ripple of impact and helps a student stay in school to reach their full potential,” he said. “As inflation and living costs continue to rise, demand for financial assistance also rises. Support from donors help close this gap for students facing financial hardships.”
Parksville Qualicum Community Foundation executive director Charlene Smith said donors are making a difference for students and the broader community.
“By focusing on learners who face the greatest barriers, we’re helping local students stay enrolled, reduce financial stress and continue their education close to home,” she said.
Casey Reumkens, who received $6,000 in financial assistance through the campaign, said the funding has been life changing.
“It will allow me to focus on my studies and my goal of becoming an elementary school teacher,” Reumkens said. “Knowing I will leave school debt-free is also hugely helpful.”
The university said it has received 879 donations totalling $878,867 toward its $2 million goal.
