Lana McLaren/Richard Reynolds Memorial Scholarship
University of British Columbia
Key Statistics
Grant Amount
Varies by year
Location
Deadline
Varies by year
About this Scholarship
The Lana McLaren/Richard Reynolds Memorial Scholarship is a need-based financial award offered to undergraduate students enrolled at the University of British Columbia (UBC). Established in memory of Lana McLaren and Richard Reynolds, the scholarship aims to provide financial support to students who demonstrate significant financial need and are pursuing their studies at UBC. This scholarship recognizes the importance of accessibility to higher education and assists students in managing the costs associated with their academic journey. It is open to students across all faculties and disciplines, reflecting a commitment to inclusivity and support for a diverse student body. The scholarship amount varies each year depending on available funds and the number of recipients. Applicants are typically required to provide evidence of financial need, and selection is based on the assessment of financial circumstances rather than academic merit alone. The Lana McLaren/Richard Reynolds Memorial Scholarship contributes to reducing financial barriers and enabling students to focus on their academic and personal development during their time at UBC.
Eligibility & Overview
Financial Grant
Varies by year
Scholarship Type
Need based
What's Covered
Description
The Lana McLaren/Richard Reynolds Memorial Scholarship was created to honor the memory of two individuals who valued education and community support. This scholarship is designed to assist undergraduate students at the University of British Columbia who face financial challenges that could impede their ability to continue their studies. Unlike merit-based awards, this scholarship focuses primarily on financial need, ensuring that students from lower-income backgrounds have access to funding to help cover tuition fees, living costs, and other educational expenses. The application process typically involves submitting documentation that verifies the applicant's financial situation, such as family income statements or proof of financial hardship. The scholarship committee reviews applications annually and selects recipients based on demonstrated need and the availability of funds. The amount awarded varies each year and depends on the number of applicants and the total funds allocated for the scholarship. Recipients are expected to maintain satisfactory academic progress as defined by the university's standards. The Lana McLaren/Richard Reynolds Memorial Scholarship is one of several need-based awards at UBC aimed at promoting equitable access to higher education. It complements other financial aid programs and bursaries offered by the university, providing a comprehensive support system for students requiring financial assistance. Students interested in applying should consult the UBC financial aid office or the official scholarship webpage for the most current information on eligibility criteria, application procedures, and deadlines. This scholarship reflects UBC's commitment to supporting students from diverse economic backgrounds and fostering an inclusive academic environment.
Key Benefits
Provides financial assistance to undergraduate students with demonstrated financial need
Supports a wide range of educational expenses including tuition and living costs
Financing Information
Funding and Financial Support Details
The Lana McLaren/Richard Reynolds Memorial Scholarship is funded through an endowment established in memory of Lana McLaren and Richard Reynolds. The endowment generates income annually, which is then allocated to support scholarship recipients. The amount awarded to each student varies depending on the total income generated by the endowment and the number of eligible applicants in a given year. The scholarship is administered by the University of British Columbia’s financial aid office, which oversees the application, selection, and disbursement processes. Recipients receive funds directly applied to their student accounts to offset tuition fees, with any remaining amount potentially provided to assist with living expenses and educational materials. The scholarship is typically renewable each academic year, subject to the recipient maintaining satisfactory academic progress and continued financial need. Students are encouraged to apply early and provide complete documentation to facilitate timely assessment. The funding mechanism ensures that the scholarship remains sustainable over time, continuing to provide support to future generations of students. While the scholarship primarily targets undergraduate students, the university may adjust eligibility criteria or award amounts based on changing financial circumstances and institutional priorities.
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* Disclaimer: Information provided about the Lana McLaren/Richard Reynolds Memorial Scholarship is subject to change. Prospective applicants should verify all details, including eligibility criteria, application deadlines, and award amounts, with the University of British Columbia’s official financial aid office or scholarship webpage before applying.