The TPEI Accounting and Education Foundation has donated $250,000 to fund scholarships for Chinese students to attend Laurentian University and Canadian students to study in China.
Specifically, the foundation is funding accounting students to study at Laurentian as visiting students for four months, and will also financially support Canadian students who choose to study the Globalized Accounting Professional Program at the Zhejiang University of Finance & Economics (ZUFE).
This marks the first time the TPEI foundation has made a donation toward a Canadian university, said a press release.
Its co-founders, Mr. Leung Kam Chi (Oliver) and Ms. Ko Fung Man (Barbara), had represented the Canadian Professional Accounting education program in China, and worked with Canadian universities for more than 20 years (TPEI Accounting and Education Foundation is the representative of CPA Canada in China).
Oliver and Barbara view this donation as a way to give back.
“We are fortunate to be in a position to fund these unique experiences for students at both Laurentian and ZUFE,” they said in a statement.
“We know that this will allow students to better understand accounting in a global sense and broaden their perspectives. This is a very special day for us.”
For Laurentian University, this donation falls squarely in line with goals set out in the 2018-2023 Strategic Plan, said a press release.
“Student success is our success,” said Robert Haché, president and vice-chancellor of Laurentian University, in a press release.
“With these funds, we’re creating unique learning opportunities and experiences for students to study internationally. More than ever, our business students must think globally and this donation creates even more opportunities for them to do just that.”
As a result of this investment, four Chinese students are already expected to arrive in Sudbury this September, with 10 more arriving in January.
The TPEI Foundation is a strong supporter of young scholars who are prepared to broaden their scope globally, and to obtain quality education in accounting and finance.