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Since their genesis,
the Foundations have evolved into the largest non-governmental
providers of educational and charitable financial assistance
in The Bahamas, awarding funds well in excess of a million
dollars each year in scholarships alone. Its contribution
to the field of education is unparalleled in this part
of the world.
Lyford Cay Foundation, Inc. and The Canadian Lyford
Cay Foundation offer more than 300 partial scholarships
each year to Bahamian students pursuing tertiary education
in approved colleges, universities, technical or vocational
schools in the U.S., Canada, the Caribbean and Europe.
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Funding is derived from
established endowments and the Foundations receive substantial
tax deductible gifts from individuals, companies, private
and family foundations and other charities. These are augmented
by donations from the Bahamian business community, individuals
and other interest groups. The Foundations make every effort
to endow their scholarship programs to ensure the perpetuity
of these awards
Scholarships are awarded
NOT to the student but to the college or university
of choice on the understanding that beneficiaries will return
to The Bahamas to impart the skills and knowledge gained in
their education, experience and exposure abroad for the enrichment
of The Bahamas. Each year new awardees are added to replace
graduating students, keeping the total of scholars at a constant
level.
The competition for
Scholarships is intense and candidates are required to go
through a rigorous application procedure and satisfy established
criteria for selection. Independent, non-partisan Screening
Committees comprising prominent citizens representing education,government
and the private sector, are responsible for making the final
selections.
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* Launched in 1982, these Scholarships are
merit-based though other important considerations such as quality
of college, field of study, personal character and financial need
are taken into account by the Screening Committees.
* Scholarships are offered at undergraduate, graduate,
and doctorate levels, and are renewable through to graduation provided
that a required standard of performance (cumulative G.P.A.) is maintained.
Progress is monitored carefully through the regular submission of
official transcripts from the colleges concerned.
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TECHNICAL
TRAINING SCHOLARSHIPS |
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* Introduced in 1995, these awards are directed primarily
at Bahamians who seek to train or upgrade skills in areas where
there is a shortage of well qualified Bahamians in the work force.
Academic proficiency is essential, however.
* Financial need among the applicants in this program
is a particularly important consideration for the Screening Committee
as well as the reputation of school and personal qualities of commitment
and interest.
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| The Foundations
have made scholarship awards totaling over $7 million to over
800 Bahamian students studying at the Undergraduate, Graduate,
Doctorate, Technical & Vocational levels in Canada, the United
States, the Caribbean, and Europe. Since 1997, the Foundations have
made scholarship awards to Bahamian students attending The College
of The Bahamas totaling over $575,000. |
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