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Home > New Developments > Endowment Funds

Endowment Funds

The Council has approved two endowment funds to extend its services to its student community:

Library Development Fund
The purpose of this endowment fund is to supply funds in perpetuity for the purchase of books for the libraries. All monies in the fund will be kept intact. Only the interest generated year after year will be used to make the purchases.

Student Welfare Fund
To help students who demonstrate academic promise overcome the costs of tuition so that they can successfully complete their qualification.

The endowment funds will be administrated by the Council in accordance with the institute’s bylaws.

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