National Bank Announces $1 Million Contribution to the Foundation
for Athletic Excellence
The Foundation for Athletic
Excellence (FAEQ) is pleased to announce the renewal of its
partnership with the National Bank. Through their joint bursary
program, the bank will invest $200,000 per year in the Foundation for
Athletic Excellence from 2019 to 2023, for a total of $1 million.
During the 26th edition of the National Bank Bursary
Program, which took place this morning, 39 student-athletes were
awarded a total of $130,000 in individual bursaries.
National Bank Bursary Program provides financial support to the top
student-athletes in the Hopeful, Elite and Excellence categories.
Through individual bursaries ranging from $2,000 to $4,000, the
program rewards academic excellence, encourages a healthy balance
between sport and study, and acknowledges the perseverance of
student-athletes between the ages of 12 and 25.
skaters Julianne Séguin and Charlie Bilodeau, who placed
ninth at the PyeongChang Olympic Games, and paraswimmer Aurélie
Rivard, who won four medals at the 2016 Rio Paralympic Games, are
amongst the 2018 recipients. Past National Bank bursary recipients who
competed at the PyeongChang Olympics include gold medallist Mikaël
Kingsbury (men’s freestyle skiing) and silver medallists
Brittany Phelan (women’s ski cross) and Mélodie Daoust
“For over 25 years, the National Bank
has partnered with the Foundation for Athletic Excellence to support
young athletes in their academic and athletic endeavours. Throughout
this period, more than 360 student-athletes have benefited from this
financial backing and I’m proud to be able to say that many more young
people will be able to pursue their goals following the renewal of our
partnership with the Foundation. The bursary recipients all show great
talent, discipline and determination. I urge them to continue down
that path,” said Louis Vachon, President and Chief Executive Officer
of the National Bank.
FAEQ president Claude Chagnon is
very pleased to be able to rely on the confidence of the Foundation’s
long-time partner, the National Bank. “The Foundation’s success is
directly linked to the loyalty of prestige sponsors like the National
Bank, which is why I am especially pleased with today’s renewal
The following bursaries were awarded this
year: 17 Academic Excellence bursaries to recognize impressive
scholastic achievements, 21 Academic and Athletic Support bursaries to
promote a healthy balance between sport and study, and one
Perseverance bursary to acknowledge an athlete's singular
determination in the face of hardship.
About National Bank of Canada
With $251 billion in
assets as at January 31, 2018, National
Bank of Canada, together with its subsidiaries, forms one of
Canada’s leading integrated financial groups. The Bank has more than
21,000 employees and is widely recognized as a top employer. The
Bank's securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank’s activities at nbc.ca or via social media on Facebook, LinkedIn
About the Quebec Foundation for Athletic Excellence
The Foundation (faeq.com) has
made a name for itself with a personalized approach, a rigorous style
of management and its influential role in the sports and education
circles. In 2018, the QFAE will award close to $1,425,000 in bursaries
to over 500 student-athletes and encourage the conciliation of school
and high performance sports. The QFAE teams up with former scholarship
recipients and partners towards the success of all laureates in their
academic and sports/personal advancement. Please note that the 2nd
edition of the Bonneville 808 Challenge will be held on September 22
and 23, 2018 at Mont-Tremblant. This major cycling event will benefit
the FAEQ. To register log on to defi808bonneville.com.