What does UFV's endowment support?
Endowments at UFV
Between May 2021 and April 2022, UFV’s Financial Aid and Awards department administered a total of $1,787,484.16 in aid to students.
These bursaries, scholarships, and emergency grants were funded by multiple sources which include endowments, annual donations, UFV departments, and external organizations.
2021/22 endowment budget
2021/22 financial aid breakdown
211
Athletic scholarships
$188,642.64
up to $3,000/award
13
BC athletic assistance program
$13,753.07
up to $2,500/award
545
Bursaries
$495,205.00
up to $1,500/semester
59
Emergency grants
$40,022.61
up to $1,000/year
125
Entrance scholarships
$210,388.05
up to $20,000/award
115
Private/external awards
$213,468.58
363
Scholarships
$417,709.89
up to $3,000/award
Who manages the endowment portfolio?
UFV’s endowed funds are professionally managed by RBCPhilips, Hagar & North Investment Counsel and guided by the Investment Policy of the Board.
As of March 31, 2022, UFV’s endowment portfolio had a Market Value of $18,852,129. Between April 1, 2021 and March 31, 2022, an additional $277,508 in donations were added to new and existing endowments.