In recognition of the 70th anniversary of the University of West Indies (UWI), the Cave Hill Campus will be offering a $125,000 scholarship.
Principal Professor Eudine Barriteau made the disclosure during Tuesday’s launch of the 2018 Royal Bank of Canada (RBC) Race for the Kids.
Without going into details on the actual scholarship, Barriteau acknowledged that in the midst of economic difficulties, scholarships were “lifelines” for many students as they sought to complete their academic journeys.
“We recognize the financial challenges along with some social and economic developments are dampening public desire for higher learning, so last year we aimed to re-awaken a passion for a UWI education and of course our intent this year remains the same,” the UWI principal said.
The RBC Race for The Kids seeks to raise funds to support education in Barbados.
Last year, the 5K run and walk attracted over 1, 300 participants and raised $63, 000 which went towards six scholarships valued at $7, 000. A total of 120 first year mental health students also benefited from $20, 000 in financial support.
This year, the organizers are aiming for 3, 000 participants in the event, which comes off on March 11. The race will start and finish at the UWI Cave Hill Campus.
RBC Managing Director Robert de Silva said the bank was pleased to support student education.
“One of the most important things we can do as business leaders and management is to ensure that we help create opportunities for our youth,” he added.