Business students at Red Deer College will soon have increased scholarship opportunities to help ease financial pressures as they study, with the help of a long-time College supporter.
Collins Barrow Red Deer LLP recently made a $125,000 contribution to the Building Communities Through Learning Campaign.
This donation is directed towards a scholarship endowment, supporting the Donald School of Business and a five-year sponsorship package of two major fundraising events.
“We are excited about the huge opportunities this donation will provide for our future business students,” said Joanne Packham, dean of the Donald School of Business. “The College is thankful for such generous support that allows us to best assist the communities we serve.”
For more than 25 years, Collins Barrow has been supporting RDC.
With the recent donation, the company has donated more than $175,000 over the years to help RDC students achieve success.
The College will use $50,000 to create the Collins Barrow Endowment. This will provide funds for the Collins Barrow Chartered Accountants Scholarship to be awarded to one RDC student annually.
Dedicated to students pursuing a career in accounting, the student who receives the scholarship will get $1,500 to put towards tuition.
Students entering full-time studies in the third year of a planned RDC collaborative business degree program will be eligible.
“Giving to RDC means giving back to our community,” said Rob Kolton, Collins Barrow Red Deer partner. “We believe that RDC is a true builder in Central Alberta – fostering the future of tomorrow with the students of today.
“It’s possible that students receiving the Collins Barrow scholarship may in turn work for our team to serve our community.”
An innovative five-year sponsorship agreement also stems from Collins Barrow’s donation, with $125,000 being used to provide the accounting firm with platinum-level sponsorships for RDC’s International Wine Auction held each October and the RDC Golf Classic held each July.