The Loran Scholars Foundation is honoured to be the first Canadian scholarship provider to receive an Award of Excellence from the National Scholarship Providers Association (NSPA) as the 2021 recipient of the Scholarship Provider of the Year Award (Large Provider).
The Scholarship Provider of the Year Award showcases scholarship providers from across North America that leverage their unique resources to strengthen postsecondary access and success, advance industry or professional performance, kick-start innovation, and improve conditions in their community and beyond. Each year, one outstanding scholarship provider that awards $500,000 or more in scholarships annually is selected as the recipient of the Large Scholarship Provider.
The Loran Scholars Foundation was recognized for its breadth and depth as a scholarship provider: its reach, identifying scholars from the smallest towns to the largest cities across Canada; its rigorous selections process, that looks beyond standard measures of grades to the character, service-orientation, and leadership potential of a student; the comprehensive four-year leadership enrichment program that shapes each Loran Scholars’ trajectory; and the engaged community of alumni, volunteers, donors and university partners that Loran cultivates to inspire scholars to effect meaningful change over the course of their lifetimes. Together with the support of our volunteers, donors, university partners, over the last 33 years, Loran has invested $57.76 million in more than 3,100 students across the country, including 733 past and present Loran Scholars.
“We share this honour with our community of volunteers, donors and university partners,” said Loran CEO and 1998 Loran Scholar, Meghan Moore. “Through their generosity and belief in the potential of youth we have been able to establish ourselves and grow into the foundation we are today.”
We are grateful to the NSPA for honouring Loran with this Award of Excellence and recognizing the foundation’s commitment to ensuring young people who demonstrate character, service, and leadership are given opportunities to fulfill their potential and build a better future for us all.