University of Calgary Launches Stephen Harper Economics Scholarships
The University of Calgary has officially unveiled a new scholarship program dedicated to students of economics, named in honor of one of its most distinguished alumni, former Prime Minister Stephen Harper. The announcement was made on Wednesday, marking a significant addition to the university's financial aid offerings.
Honoring a Prominent Alumnus
Stephen Harper, a longtime resident of Calgary, earned his Bachelor of Arts degree in economics from the University of Calgary in 1985, followed by a Master of Arts in economics in 1991. His educational background at the institution is widely recognized as a foundational element of his subsequent career in politics and public service.
The launch of the scholarships was strategically timed to coincide with the 20-year anniversary of Harper's first swearing-in as prime minister on February 6, 2006. This milestone underscores the enduring impact of his leadership and his connection to the university community.
Scholarship Details and Structure
The Rt. Hon. Stephen J. Harper Scholarships in Economics are designed to support both undergraduate and graduate students. The program includes:
- Four undergraduate awards, each valued at a minimum of $10,000 per year, with an aspirational goal to endow six undergraduate scholarships at $12,500 each.
- One graduate scholarship valued at $25,000 per year, with plans to expand to two endowed graduate scholarships in the future.
Recipients will be selected based on merit, with the inaugural cohort of scholars set to be announced in the fall of the upcoming academic year. The scholarships aim to foster academic excellence and leadership in the field of economics.
Vision for Future Leaders
Dr. Ed McCauley, president of the University of Calgary, emphasized the importance of cultivating the next generation of economic leaders. In an interview, he stated, "Mr. Harper has this incredible drive and integrity, and these scholarships will enable students to unlock their full potential." He added that the initiative is about encouraging students to explore how economics can be leveraged to benefit Canada.
McCauley further highlighted Harper's own reflections on his education, noting, "Mr. Harper often credits his educational experience at the University of Calgary as to how it set him up for success — as leader of the opposition but also as prime minister of Canada — in thinking about how we can put together sound economic principles with fiscal policy."
Funding and Endowment Plans
The funding for these scholarships has been raised through contributions from university supporters, champions, and community members. Initially, expendable funds will cover the first three years of the awards. Subsequently, additional gifts will be directed toward an endowment fund, ensuring the scholarships can be sustained in perpetuity.
This approach reflects a long-term commitment to supporting students and advancing economic education at the University of Calgary.
Harper's Statement on Education and Leadership
In a prepared statement, Stephen Harper articulated the significance of sound economics and responsible public policy in building Canada's advantage. He remarked, "Our future depends on cultivating leaders who can uphold and advance this foundation, and that starts with excellence in education." Harper expressed pride in launching the scholarships, aiming to equip the next generation with the analytical rigor and real-world perspective needed to address future challenges.
The University of Calgary continues to position itself as a research-intensive and entrepreneurial institution, graduating talented students who make substantial contributions locally, nationally, and internationally. The Stephen Harper Scholarships in Economics represent a meaningful step in honoring this legacy and investing in the leaders of tomorrow.
