Board of Governors APPENDIX I1 REPORT OF THE PROPERTY … · 2020-01-18 · REPORT OF THE PROPERTY AND FLNANCE COMMITTEE APPENDIX I1 FOR APPROVAL Contents ... Subject to approval

Board of Governors September 26,2006

REPORT OF THE PROPERTY AND FLNANCE COMMITTEE

APPENDIX I1

FOR APPROVAL

Contents

Dental Kit Fees

Faculty Fellowship in Jewish Studies

MBA Fee Amendment

Quarterly Financial Report ( Operating Budgets)

Quarterly Ratio Report on Non-Endowed Funds

Scholarships, Awards and Prizes

1 . Dental Kit Fees

That the Board of Governors approve the 2006-2007 Dental Kit fees as Recommended: outlined in Annex 1.

Consent Agenda

Yes

Yes

Yes

Yes

Yes

Yes

Dental Kit fees apply to each of the four years of the DDS program and the first year of the Qualifying program. The kits are retained by students and meet MTCU guidelines for non-tuition related ancillary fees.

Each year the dental equipment required by Dental Students for their year of study is provided by the School of Dentistry and paid for by a lump sum fee. Up until two years ago, the fees for all four years were smoothed over the four years of the program. This approach was administratively cumbersome for the School. In the last two years the School of Dentistry has charged actual costs. Dental students are aware of this process and the president of the Dental Students Association has spoken to the class supporting this approach.

Each year when the departments must submit fee increases in the budget to the Board of Governors, the fees for Dental Kits are not available and come forward at a later date.

FOR INFORMATION

2. Facultv Fellowship in Jewish Studies

Subject to approval by Senate on September 22"d, on behalf of the Board of Governors, the Property & Finance Committee has approved establishment of the Faculty Fellowship in Jewish Studies. The terms of reference are shown below.

Facultv Fellowship in Jewish Studies

Donor and Funding:

The creation of this fellowship is made possible through a generous donation from the London Jewish Federation in the amount of $75,000 total (before levy) to be received in five annual instalments of $1 5,000 beginning in the summer of 2006 and ending in

Board of Governors September 26, 2006

APPENDIX I1 Page 2

the summer of 2010. In each of those five years, $13,875 is allocated for expenditure to support the Fellowship. At the end of the five-year period, the Fellowship will cease to exist.

In accordance with University policy, an amount equal to 7.5% of the total London Jewish Federation gift will be applied to support fundraising, donor management and stewardship costs.

Effective Date: July 1, 2006

Purpose: The donation from the London Jewish Federation will establish a Faculty Fellowship in Jewish Studies. This donation is the first towards the establishment of a Jewish Studies Program at Western. Western's goal is to position the university as a leading Canadian centre of Jewish Studies by establishing a comprehensive Program in Jewish Studies. Developing this area of educational focus and research activity will address the rich cultural history and political evolution of Judaism and has the potential to greatly enrich the academic community of students and scholars at Western and across Canada.

Criteria: Appointments to the Fellowship will be conducted in accordance with the relevant policies of the University and on the recommendation of the Chair of History in consultation with the Dean of Social Science. The appointment will be for a period of five years.

Reporting: The University, through the Faculty of Social Science, will report from time to time to the Federation concerning the activities of the Fellow.

3. MBA Fee Amendment

The MBA tuition fees for the term beginning in October 2006 were approved by the Board in the spring budget document. The fees were increased to $59,000 for domestic students and $69,000 for international students up from $56,000 and $66,000 respectively for the previous cohort.

After consideration of market and competition forces, the Richard Ivey School of Business has decided to hold fees at their prior levels of $56,000 for domestic students and $66,000 for international students. Please refer to the attached memo (Annex 2) from Associate Dean, Larry Wynant.

4. Ouarterlv Financial Report (Operatinp Bud~ets)

See Annex 3.

5. Ouarterlv Ratio Report on Non-Endowed Funds

See Annex 4.

6. Scholarships, Bursaries, Awards, Prizes

See Annex 5.

Board o f Governors September 26, 2006

A P P E N D I X I1 Annex 1

The University of Western Ontario

Proposed 2005-2006 2006-2007 Amount Amount

I Facultv of Graduate Studles

MLlS C w p Placement PhDLlS Co-op Placement

Note ( I ) Note ( I )

Facultv of Health Sclence ICSD. Nurslna. 01. P q Mask fitting fee (mandatory for hospital or clinic placements)

School of Klnesloloay CanodSail Activitv Note ( I )

Note ( I ) Note ( I )

Holster Kit Fee Ski Activity Student Donation

School of Nurslng Student Donation

Tuition - Yr 3 - Summer Tuition - Yr 4 - Summer Tuition - Yr 3 - Summer Tuition - Yr 4 - Summer

Cdn Cdn lntemational lntemational

NIA $2.163.00 New NIA $2.153.00 New NIA $8,350.00 New NIA $8,325.00 New

Tuition - Yr 3 - Fall I Winter Tuition - Yr 4 - Fall I Winter Tuition - Yr 3 - Fall I Winter Tuition - Yr 4 - Fall I Winter

Cdn Cdn lntemational lntemational

NIA $4.326.00 New NIA $4.306.00 New NIA $16.700.00 New NIA $16.650.00 New

'NOTE* Any student registered in course(s) over and above those specified as program requirements shall be assessed tuition on a per-course basis for those non-required courses

Facultv of lnformatlon and Medla Studies lnternship Fee - MIT - academic lnternship Fee - MIT - non-academic Tuition Deposit - Journalism (Grad) Tuition Deposit - Library and Info. Science (Grad)

non-refundable non-refundable

Facultv of Law Computer Access Fee Tuition Deposit - Year 1 only non-refundable

Faculty of Medlclne and Dentlstq Dental Kits Dental Kits Dental Kits Dental Kits Qualifying Program-Dental Kits Qualifying Program-Dental Kits Tuition - Certificate Program in Epidemiology

(plus full-time ancillary and supplementary fees) Tuition - Dentistry Qualifying Program (NDEB) [NOTE 21

(plus full-time ancillary and supplementary fees) Tuition - International Medical Trainees excl. Saudi Trainees Tuition - Malaysian Medicine Exchange Program Tuition - Saudi Medical Trainees Tuition Deposit - Dentistry - PLA Wk Qualifying Pgm Tuition Deposit - Dentistry - Year 1 only Tuition Deposit - Dentistry - Year 3 Qualifying Pgm Tuition Deposit - Medicine - Year 1 only Visiting Medical Elective - Canadian Universities Visiting Medical Elective - lntemational Universities Student Donation - Undergraduate BMSc.

Year 1 Year 2 Year 3 Year 4 Year 1 Year 2 6 courses

Year 3 8 4

non-refundable non-refundable non-refundable non-refundable per elective per elective

Note ( I ) Appllcable to students In speclflc courses only. Note (2) Proposal has been made to rename thls program the DDS Program for lnternatlonal Trained Dentlsts

Program Specific Tuition and Other Supplemental Fees 2005-2006 Page 1 of 1


Richard lvey School of Business

The Unlvenlty of Western Ontarlo

M E M O R A N D U M

A P P E N D I X I 1 Annex 2

Deans' Off ice

To: Fred Longstaffe, Provost and Vice President, Academic and Glen Tigert, Registrar C.C. Ruban Chelladurai, Carol Stephenson, John Irwin, Steve Foerster

From: Larry Wynant, Associate Dean, Programs

Date: September 6,2006

Subject: Tuition Fees for October 2006 Incoming MBA Students

In our planning meetings discussions in the spring, we had anticipated an increase in the tuition fees for incoming MBA students to $59,000 for domestic applicants and $69,000 for international students, or an increase of $3,000 above the tuitions charged for the May cohort group. However, based on subsequent market research and the tuition decisions by our competitors, we decided this summer to keep the tuition fees unchanged for the October intake and to move towards the higher fee structure ($59K and $69K) for the May 2007 and October 2007 groups.

It appears that we did not inform the Registrar's Office of the change in our tuition structure and are requesting that the University's fee schedule for the October 2007 MBA group be revised to the existing tuition levels of $56,000 and $66,000. We have incorporated this change into a revised budget plan to guide our internal operations.


APPENDIX I1 Annex 3

The University o f Western Ontario 200612007 Operating Budget Summary

As at July 31, 2006 ($000's)

1

2

3

4

5

Increasel(Decrease) Of Revised Forecast Over Original Budget

6

7

8

(a) a1 a2

a2

(c) The actual April 30,2006 carryforward was $1,961,000 lower than the budget estimate included in the original 2006107 budget approved by the Board.

Revenues

Expenditures

Surplusl(Deficit) Before Reserve Transfer

Transfer From Carryforward Reserve

Surplusl(Deficit) After Reserve Transfer

$000

372 (a)

(1,589) (b)

1,961

(1,961)

7,335

(3,457)

3,878

Operating Reserve, Beginning of Year

Surplusl(Deficit) After Reserve Transfer

Operating Reserve, End of Year

UWO-IPB

%

0.08

(0.32)

Revenue Changes:

Government Grants: Family Medicine Program Expansion Recoverable Salaries

Total Revenue Changes

(b) b l

b2

b3

b4

2006-2007 Budget

7,557

(3,457)

4,100

130 242

372

Revenue

Related

130

242

372

Expenditure Changes:

Carryforward Adjustment (c)

Family Medicine Program

Recoverable Salaries

Total Expenditure Changes

As Approved By Board

$000

483,359

495,816

(12,457)

9,000

(3,457)

222

222

Revised Forecast To Date f 000

483,731

494,227

(10,496)

7,039

(3,457)

Non-Revenue

Related

(1,961)

(1,961)

Total

(1,961) 130 242

(1,589)


APPENDIX I1 Annex 4

QUARTERLY RATIO REPORT ON NON ENDOWED FUNDS

FOR INFORMATION

The attached report shows the non-endowed fund quarterly activity from 1995196 to the end of the first quarter of 2006107 (July 31, 2006). The balance in the Undistributed Investment Returns Account at July 3 1, 2006 was $44.5 million. At July 3 1, 2006, the 12-quarter moving average of the total non-endowed investments to the obligations of the portfolio was 1.16 (column 10) compared to a target ratio of 1.08.

Q Net returns (column 1) amounted to ($0.9) million for the quarter.

m Allocations to accounts (column 2) in the amount of $0.8 million represents the payouts for spending to non-endowed funds, which is based on the 30-day treasury bill rate less administrative and management fees of 1.15%, adjusted quarterly. This rate increased to 2.73% from 2.25% for the period July 1 to September 30,2006.

m $1.3 million was transferred to the operating budget from undistributed investment returns in the quarter. (column 3).

o The non-endowed investments decreased by $2.6 million (column 6) as a result of the above transactions.

o The total market value of the non-endowed fund's portion of the externally managed portfolio at July 3 1, 2006 amounted to $2 13.8 million (column 7).

Q The obligations of the portfolio amounted to $169.3 million at July 31, 2006 (column 8).

Q The ratio of investments to obligations stood at 1.26 (column 9) at July 3 1, 2006.

The Universlly of Western Ontarlo Non-Endowed Funds: Quarterly Values

Ratlo of Allocatlons Value at the end o f Quarter Investments

To Change Ratio of to obllgatlons Net To Operating In amount Net Total Total Investments Average for

Returns Accounts Budget Other Owed Change Investments Obllgatlons to obllgatlons 12 Quarters

17) 121 0) 14) 151 16) m lsl (s) (10) 4.7 10.9) (0.8) (4.0) (1.1) 112.9 95.4 1.18 1.14

Quarter 1995196

- -

General notes:

For 1995196 through to 2000101 the figures are the average for the four quarters.

Columns (1) to (6) refer to changes during the quarter, column (7) to (10) refer to lhe end of each quarter. All figures are millions of dollars, except columns (9) and (10). Column (9) is the ratio of column (7) to column (8) Column (10) is the average of lhe ratios in column (9) over 12 quarters (i.e. over 3 year period).

Notes: Net investment retums, induding changes in unrealized capital gains, net of consulting and investment management fees. This total includes retums on internally managed funds and other sundry investment earnings less overdraft interest and interest paid to employee benefit accounts. Allocationsfrom lhe fund to all accounts and associated companies, except the Operating budget and Other allocations (column 4) Allocations to the Operating budget. In October of 1996, an allocation of $9.3 million was made to the Operating Reserve to raise it to the Board's target level. In December 1996. an allocation of $1.734.000 was made to capital In April 1998. an allocation of $10,000,000 was made for expenditures related to CFI and ORDCF. In July 1998. an allocation of $436.000 was made to lhe Thames Hall renovation project. In April 2000 an allocation of $1,000,000 was made to capital for loan payments related to Conron Hall and Weldon Library upgrade In April 2001 an allocation of $694.948 was made to capital for loan payments related to Conron Hall and Weldon Library upgrade. The change in the amount owed to olher funds for the quarter is the net cash flows into the accounts less any transfers to UWO's bank account. Quarterly net change, is the sum of columns (1) to (5) and is the change in the value of the fund in column (7), which is the change in the market value of investments during the quarter. Total non-endowed externally managed funds. Endowed funds are not induded. Total of the non-endowed externally managed funds hat are owed to Universily accounts and other creditors. The ratio of column (7) to column (8). The average of this ratio over lhe previous 12 quarters. The Board target forthis ratio is an average of 1.08.


APPENDIX I1 Annex 5

FOR INFORMATION

1. New Awards and Scholarshi~s

On behalfof the Board of Governors, the Property and Finance Committee has approved the following terms of reference for new scholarships, awards, bursaries andprizes:

William S. Fyfe Graduate Scholarships in Natural Resources and Sustainable Development (Faculty of Graduate Studies, Science) Awarded to a graduate student in a Masters or PhD program in the Department of Earth Sciences who is developing hisher thesis on problems of sustainability during exploration for, production from, or cessation of extraction of natural mineral resources. Applications in NSERC PGS format are to be submitted to the Department of Earth Sciences Graduate Secretary by October 3 1 . The recipient will be selected by the Earth Sciences Graduate Committee. This three-year scholarship was established by a gift from Mr. Cliff James and Mrs. Diane James in honor of Dr. Fyfe.

Value: 1 at $16,187, continuing for three years Effective: 2006-2007 to 2008-2009

Alex Kennedy Memorial Scholarship (Faculty of Law) Awarded to a full-time undergraduate student in Year 2 or 3 in the Faculty of Law, based on academic merit (minimum B average), financial need, and a demonstrated interest in and aptitude for insurance law. Applications can be accessed through the Registrarial Services Web site and must be submitted, along with a maximum 250-word statement describing the candidate's interest in insurance law, by October 31. Registrarial Services will determine financial need and the Faculty of Law will select the recipient. Alex Kennedy was the retired General Counsel for the Insurance Bureau of Canada. For over 25 years, the Insurance Bureau of Canada and the Faculty of Law have enjoyed a close productive relationship which has established Western's reputation as a leader in the study of insurance law.

Value: 1 at $1,400 Effective: May 2007

This gift qualifies for the Ontario Trust for Student Support (OTSS) program and recipients must meet Ontario residency requirements.

Mark A. Turner Memorial Scholarship in Geology (Faculty of Science) Awarded to a full-time student in Year 3 in Earth Sciences, specializing in Geology, based on academic achievement (minimum 80% average). The recipient will be selected by the Scholarship and Awards Committee in the Faculty of Science. This award was established by Mr. Turner in memory of his father, Mark A. Turner, who received his degree in Geology (BSc'50).

Value: 1 at $4,625 Effective Date: 2006-2007 to 201 6-201 7

Andrew Barnes Memorial Award (Faculty of Social Science) Awarded to a full-time undergraduate student entering third or fourth year of an Honors degree with an Honors Specialization or double Major in Political Science, based on academic achievement (minimum 70% average) and financial need. Candidates must also demonstrate their involvement with volunteer work at the University andlor in the community by submitting a one-page statement describing their volunteer efforts and how their efforts have benefited others. Applications can be accessed online through the Registrarial Services Web site and must be submitted by October 31. Registrarial Services will determine financial need and a


APPENDIX I1 Annex 5, Page 2

committee within the Department of Political Science will select the recipient. This award was established by the parents and grandparents of Andrew Barnes (BAY Political Science '05) through Foundation Western. Andrew is remembered by those who knew and loved him for his commitment to voluntary work on campus (particularly Foot Patrol), love of sports, academic excellence, sense of humour, and warm personality that endeared him to friends and family and earned him respect from peers and faculty.


This award qualifies for the Ontario Trust for Student Support (OTSS) program and recipients must meet Ontario residency requirements.

Morell Kellv P.C. Entrance Scholarship (Faculty of Law) Awarded to a student entering first year in the Faculty of Law based on academic achievement (minimum 80% average) and financial need. Preference will be given to students with a connection to the Kitchener- Waterloo Cambridge region. Candidates must complete an admission bursary application, which is available online through the Registrarial Services Web site after January 1, and submit it by April 1. Registrarial Services will determine financial need and the Faculty of Law will select the recipient. This scholarship is made possible by a gift from Mr. Kelly (LLBY93).

Value: 1 at $2,3 12 Effective: 2006-2007 to 20 1 1-20 12

Department of Classical Studies Scholarship for Honors Double Maior Second Year (Faculty of Arts and Humanities) Awarded to the full-time student registered in the Faculty of Arts and Humanities with the highest standing in Year 2 of an Honors Bachelor degree program that includes a Major in Classical Studies. The student must currently be enrolled in the Honors Bachelor degree and have an average in the Major in Classical Studies of at least 80%. Students must be registered in at least 2.0 Classical Studies courses at the 200 level or above to be considered. The Department of Classical Studies will select the recipient. Established through the Pickard Fund in Classical Studies held at Foundation Western.

Value: 1 at $200 Effective: May 2006 Department of Classical Studies Scholarship for Honors Double Maior Third Year (Faculty of Arts and Humanities) Awarded to the full-time student registered in the Faculty of Arts and Humanities with the highest standing in Year 3 of an Honors Bachelor degree program that includes a Major in Classical Studies. The student must currently be enrolled in the Honors Bachelor degree and have an average in the Major in Classical Studies of at least 80%. Students must be registered in at least 2.0 or more Classical Studies courses at the 200 level or above to be considered. The Department of Classical Studies will select the recipient. Established through the Pickard Fund in Classical Studies held at Foundation Western.

Value: 1 at $200 Effective: May 2006

Christopher and Patricia Atkin 12Sh Anniversaw Alumni Bursaw (Any Undergraduate Faculty) Awarded to an undergraduate student in Year 2 or beyond of any degree program based on financial need. This bursary was established by Mr. Christopher Atkin (BA'81, Economics) through Foundation Western.




Svdenham Hall - Jean dun lo^ Residence Bursaries - OSOTF I1 (Any Undergraduate Faculty) Awarded to any undergraduate students who are living in Western's on-campus residences, based on financial need. These bursaries are named in honour of Jean Dunlop who was Sydenham Hall's Secretary for many years, and are made possible by generous donations from former Sydenham Hall residents through Foundation Western. Students must meet Ontario residency requirements.


This award qualifies for the Ontario Student Opportunity Trust Fund (0SOTF)program and recipients must meet Ontario residency requirements.

Svdenham Hall - Jean Dunlov Residence Bursaries - OTSS (Any Undergraduate Faculty) Awarded to any undergraduate students who are living in Western's on-campus residences, based on financial need. These bursaries are named in honour of Jean Dunlop who was Sydenham Hall's Secretary for many years, and are made possible by generous donations from former Sydenham Hall residents through Foundation Western. Students must meet Ontario residency requirements.



Senior Alumni Award - OSOTF IIIOTSS (Any Undergraduate Faculty) Awarded to a full-time undergraduate student in Year 2 or higher of any program, who has demonstrated financial need and maintained a minimum B+ average. Application forms can be obtained from Registrarial Services and must be completed and returned by October 3 1. This award was established through Foundation Western by donations from UWO Senior Alumni. Students must meet Ontario residency requirements.


This award has beneJitedfiom proceedsfiom the Ontario Student Opportunity Trust Fund (OSOTF) and the Ontario Trust for Student Support (OTSS) programs and recipients must meet Ontario residency requirements.

Western's 1 2 5 ~ Anniversarv Alumni Awards - OTSS (Any Undergraduate Faculty) Awarded to a full-time undergraduate student in Year 2 or higher of any program, based on academic achievement (minimum 80% average) and financial need. Applications can be accessed online through the Registrarial Services Web site and must be submitted by October 3 1. Registrarial Services will select the recipient. Recipients must meet Ontario residency requirements. These awards were established by donations from alumni and friends to Western's 125th Anniversary Alumni Campaign, a joint initiative of Foundation Western, Alumni Western and the University.



Helen Reid Bursaries (Any Undergraduate Faculty) Available to students with financial need in any undergraduate program. Kindly funded by Mrs. Helen Reid



through Foundation Western.


Brock Scholarships (Faculty of Graduate Studies, Business Administration) Awarded to a maximum of two full-time PhD applicants entering first year of the doctoral program at the Richard Ivey School of Business who have not received an OGS award.

Value: Up to 2 awards at $15,000 each (Ivey will match a $5,000 award on a 2: 1 basis resulting in $1 5,000 of funding per student) Effective: May 2006

Note: At the June meetings of Senate and the Board of Governors, Brock Scholarships were approved for OGS recipients. These terms are for non-OGS recipients.

TALL 2Sh Anniversary Award (Faculty of Graduate Studies, Library and Information Science) Awarded to the graduate student in the Master of Library and Information Science program with the most potential for law librarianship as demonstrated through significant pre-professional experience andlor education, course work (including thematically-related individual studies), andlor co-operative work placements. Candidates must have a minimum academic average of 78% to be considered. Applications can be obtained from the FIMS Graduate Programs Office and must be submitted by March 3 1. Applicants will be expected to write a 500-word statement on the subject: how the rise of the internet generation will affect law librarianship. The FIMS awards committee will select the recipient. At least one member of the committee must hold current membership in the Faculty of Graduate Studies. This award will be supported with a one-time gift from the Toronto Association of Law Librarians (TALL).

Value: 1 at $2,000 Effective: 2006-2007 only

AstraZeneca Scholarship (Faculty of Science) Awarded to a fourth-year undergraduate student in Science with the highest overall academic performance in the third year of their program. This scholarship will be awarded to a student in Chemistry in the first of the three years it is offered, to a student in Biochemistry in the second year, and to a student in Pharmacology & Toxicology in the third year. This scholarship was established by a generous gift from AstraZeneca Canada Inc.

Value: 1 at $4,000 Effective: 2007-2008 to 2009-20 10

Oailvy Renault LLP Award (Faculty of Law) Awarded to a student entering second year of study in the Faculty of Law who has achieved academic excellence in the first year of law school. Only students on the Dean's Honor List will be eligible to apply. The student also must have contributed to the academic life of the school and demonstrated an ability to work well with others. Application forms are available from the Office of the Associate Dean (Academic) in the Faculty of Law and must be accompanied by a short statement (maximum 500 words), both of which are due by April 1. Nominations from faculty and students will be solicited also. Final selection will be made by the Scholarship Committee in the Faculty of Law. This award has been created by Ogilvy Renault LLP.

Value: 1 at $5,000 Effective: 2006-2007 to 20 10-20 1 1

Siskinds Prize in Intellectual Propertv (Faculty of Law) Awarded to the full-time undergraduate student in Law who achieves the highest mark in the Intellectual Property Course 462. This prize is made possible by a gift from Janet Allinson (LLB '01) and Barry Cleaver



(LLB '77), Law partners with Siskind, Cromarty, Ivey & Dowler LLP.

Value: 1 at $200 Effective: 2005-2006 to 20 10-20 1 1

1 25Ih Anniversaw Hona Kong Student Award (Any Undergraduate Faculty) Awarded to a permanent resident of Hong Kong who is entering the first year of any undergraduate degree program (with the exception of the Richard Ivey School of Business) at Western as a full-time student, based on academic achievement (minimum 70% average) and demonstrated financial need. Application information will be posted on the Registrarial Services Web site and must be submitted by October 3 1. This award will continue for up to 4 years provided that the recipient enters an Honors degree program and maintains full-time status with a minimum 70% average. A new recipient will be selected when the current recipient no longer qualifies. This award is made possible by the generosity of donors affiliated with the UWO Alumni Association Hong Kong Branch through Foundation Western.

Value and Effective Date: $10,000 will be available annually beginning in May 2006 ($5,000 from the 125" Anniversary Hong Kong Student Award Fund Endowment and $5,000 from the University International Student Awards Matching Program).

Awards will be made, dependant upon financial need, at the following values: 2 at $2,500 and 5 at $1,000 in 2006-2007 only. The value of the awards will be reassessed for 2007-2008. This matching program will exist for 2006-2007 to 20 10-201 1.

Shad Valley Ivey Entrance Scholarship (Richard Ivey School of Business) Awarded to a graduate of the Shad Valley program who has applied to the Academic Excellence Opportunity (AEO) at the Richard Ivey School of Business at The University of Western Ontario. The successful applicant will have demonstrated outstanding academic quality (minimum 88% average from high school), and have exceptional involvement in extra-curricular activities and leadership experience, as determined by the HBA Scholarship Review Committee based on the student's application to AEO. Payment of the award is conditional upon his or her successful application and entry into the HBA Program at the Richard Ivey School of Business two years later. Funds will be awarded upon entry to the HBA Program.

If the selected student chooses not to enter the HBA program, or is declined, the award may be transferred to another student entering the HBA program, provided helshe meets all award criteria stated above, at the discretion of the HBA Scholarship Review Committee.

Value: 1 at $5,000 per year, continuing Effective: 2009-20 10 to 20 13-20 14

Shad Valley Ivey HBA Scholarship (Richard Ivey School of Business) Awarded to a full-time student entering the first year of HBA at the Richard Ivey School of Business who is agraduate of the Shad Valley program. The recipient will have demonstrated outstanding academic quality (minimum 80% average in first two years of university), and have exceptional involvement in extra-curricular activities and leadership experience, as determined by the HBA Scholarship Review Committee based on the student's application to the HBA Program.

Value: 1 at $5,000 per year, continuing Effective: 2007-2008 - 201 1-2012 [For information on Shad Valley programs go to htt~://www.shad.ca~shadvallev/aboutshad overview.asv]

Alzheimer Society of London Middlesex Graduate Awards in Alzheimer Related Research (Faculty of Graduate Studies, Aging and Health Research Centre) Awarded to full-time graduate students from any faculty who are also members of the Aging and Health Research Centre, affiliated with the Department of Sociology at the University. The awards will be granted to qualified candidates based on their graduate research work in Alzheimer Disease and Dementia, as well

http://www.shad.ca~shadvallev/aboutshoavde



as their academic achievement (minimum 78% average). Students will be selected in September by a committee composed of at least one representative who holds membership in the Faculty of Graduate Studies and one representative from the Aging and Health Research Centre. As a requirement of the awards, students must complete interim and final reports during the year of their award to be submitted to the Director of the Aging and Health Research Centre.

Value: 2 awards of approximately $1 1,500 or 3 awards of approximately $7,700 Effective: 2006-2007 only

James A. Erskine Contribution to Learning Award (Richard Ivey School of Business) Awarded to a full-time student of outstanding quality graduating from the HBA program at Ivey. In March of each year, the HBA Student Services Office at Ivey will distribute a ballot to all members of the HBA graduating class asking the students to nominate up to three peers who have contributed the most to their learning during class discussions at Ivey. The student with the most votes will receive the Award, pending approval from the HBA Scholarship Committee.

Value: Approximately $400 Effective: March 2007

HBA '98 Award - OSOTF I1 (Richard Ivey School of Business) Awarded to a student entering HBA Year 1 based on academic achievement (minimum 78% admission average) and demonstrated financial need. This award will continue in HBA Year 2 provided that the candidate maintains a 70% average and demonstrates financial need. Candidates must complete a financial assistance application, which is available online through the Registrarial Services Web site, by April 1. Registrarial Services will determine financial need and the HBA Scholarship Committee will make the final selection of the recipient. This award was made possible by gifts from the HBA Class of 1998. Recipients must meet Ontario residency requirements.

Value: 1 at $500, continuing for 2 years Effective: May 2006

The value of the HBA'98 Award - OSOTF 11 was approved as a revision in the June report to the Board of Governors as the HBA '98 Award. However, it should have been submitted as a new award. The wording for the new award is shown above.

Rix Familv Bursary OSOTF I1 (Schulich School of Medicine & Dentistry, Medicine) Available to a student in the second, third or fourth year of the Doctor of Medicine (MD) program on the basis of financial need and consideration of academic standing. This bursary was established through Foundation Western by Dr. and Mrs. Donald B. Rix. Recipients must meet Ontario residency requirements.

Value: 4 at $2,500 Effective: May 2006 The value of the above-noted award was approved erroneously in the May report to the Board of Governors as the Rix Family OSOTF I1 Bursary Fund. It should have been submitted as a new bursary with the above noted wording.

Darwin Havward Award in Law (Faculty of Law) Awarded annually to a full-time student in second or third year in the Faculty of Law who has demonstrated genuine financial need and excels in the area of Corporate Law. The student must have achieved academic merit (minimum B average). This award was established by Harrison Pensa, where Darwin Hayward was a partner.




This gift qualifies for the Ontario Trust for Student Support (OTSS) program. Recipients must meet Ontario residency requirements.

Jack Wyatt Meds Class of 1954 OSOTF I1 Bursaries (Schulich School of Medicine & Dentistry, Medicine) Awarded to full-time undergraduate students in the Doctor of Medicine (MD) program with demonstrated financial need. These bursaries were made possible by the generosity of graduates of the Schulich School of Medicine, Class of 1954, to assist medical students in financial need. Established through Foundation Western. This gift is supported by the Ontario Student Opportunity Trust Fund program and recipients must meet Ontario residency requirements.


This gift qqulilifes for the Ontario Student Opportunity Trust Fund (OSOTF). Recipients must meet Ontario residency requirements.

Jack Wyatt Meds Class of 1954 OTSS Bursary (Schulich School of Medicine & Dentistry, Medicine) Awarded to full-time undergraduate students in the Doctor of Medicine (MD) program with demonstrated financial need. These bursaries were made possible by the generosity of graduates of the Schulich School of Medicine, Class of 1954, to assist medical students in financial need. Established through Foundation Western. This gift is supported by the Ontario Trust for Student Support program and recipients must meet Ontario residency requirements.


This gift qualifies for the Ontario Trust for Student Support (OTSS) program. Recipients must meet Ontario residency requirements.

Scholarship and Award Revisions

On behalf of the Board of Governors, the Property and Finance Committee has approved the following revised terms of reference for scholarships, bursaries, awards and prizes:

Department of History Scholarship (Faculty of Social Science, History) Change in value from 1 at $700 to 1 at $1,100 Effective: May 2005

Department of History OSOTF I1 Award (Faculty of Social Science, History) Change in number from 1 at $1,100 to 2 at $1,100 Effective: May 2006

Department of Classical Studies Scholarship for Honors Second Year (Faculty of Arts & Humanities) Change in name to: Department of Classical Studies Scholarship for Honors Specialization Second Year Change in value from 1 at $300 to 1 at $500 Effective: May 2006

Department of Classical Studies Scholarship for Honors Third Year (Faculty of Arts & Humanities) Change in name to: Department of Classical Studies Scholarship for Honors Specialization Third Year Change in value from 1 at $300 to 1 at $500 Effective: May 2006

McArdle Family 1 2Sh Anniversary Alumni Award - OSOTF (Faculty of Law) Change in effective date from May 2007 to May 2006



Francis E. Shaw Scholarship (Any Undergraduate Faculty) Change in criteria and value from: Awarded to ...( same as below) ... five or more full courses. The permanent capital for these scholarships was kindly donated to the endowment fund of Foundation Western by the Shaw Family Foundation of Sarnia in honour of the late Francis E. Shaw. Value: 1 at $2,000 annually for up to four years

To: Awarded to the full-time student, who does not qualify for a more valuable scholarship, holding the highest average in secondary school subjects, residing in Lambton County, Ontario, and entering a three- or four-year program at The University of Western Ontario. The scholarship will continue if the student maintains an "A" average in an academic program requiring five or more full courses. If the student fails to maintain the required academic average no substitute student will be selected in the same academic year to receive the remaining value of the award. The permanent capital for these scholarships was kindly donated to Foundation Western by the Shaw Foundation in honour of the late Francis E. Shaw. Value: 1 at $2,000 continuing for up to four years, awarded even years only

Effective: May 2007

Shaw Familv Foundation Scholarship (Any Undergraduate Faculty) Change in name to: Shaw Foundation Scholarships

Memorial Scholarships (Faculty of Arts and Humanities, Faculty of Social Science) Change in value from: 1 at $600 to 2 at $1,250 Effective: May 2006

Helen Reid Bursaries (Any Undergraduate Faculty) Change in name to: Helen Reid Bursaries - OSOTF Change in criteria from: Available to students with financial need in any undergraduate program. Kindly funded by Mrs. Helen Reid through Foundation Western.

To: Available to students with financial need in any undergraduate program. Kindly funded by Mrs. Helen Reid through Foundation Western. Recipients must meet Ontario residency requirements. Effective: May 2006

Hamilton and Bernice Meldrum Guthrie Entrance Scholarship (Any Undergraduate Faculty) Change in value from 1 at $1,000 to 1 at $1,200 Effective: May 2006 Bradshaw Errinnton Bursam (Schulich School of Medicine & Dentistry) Change in value from: "Up to $1,000 each" To: $1,000 each. Number of Scholarships will vary each year Effective: May 2006

A.B. Siskind Scholarship (Faculty of Law) Change in value from: a maximum of 2 awards, up to a combined total of $500 To: 1 at $1,000 Effective: May 2007

The Athletic Club Mustanas Football Award (Any Undergraduate Program) Change in value from 1 at $500 to 1 at $450 Effective May 2006

Henry Wu Memorial Scholarships (Faculty of Health Sciences) Change in number from 4 at $2,500 To: 3 at $2,500 2006-2007 only (will revert back to 4 2007-2008)



Daniel Ling Scholarship (Faculty of Graduate Studies, Health Sciences) Change in Criteria from: Awarded annually to a graduate student who achieves the highest academic average in Aural Rehabilitation CD5 1 1 . The graduate committee for the graduate program in the School of Communicative Sciences and Disorders will select the recipient. This scholarship was established through Foundation Western by donations from friends of Daniel Ling, Professor Emeritus, Applied Health Sciences.

To: Awarded annually to the graduate student who exhibits academic excellence, clinical competency and concern for the rehabilitative aspects of audiology. The graduate committee for the graduate program in the School of Communicative Sciences and Disorders will select the recipient. This scholarship was established through Foundation Western by donations from friends of Daniel Ling, Professor Emeritus, Applied Health Sciences.

Effective: May 2006

HBA '81 Student Scholarships (Richard Ivey School of Business)

Change in effective date from: May 2002-May 2006 To: May 2002-April 2007

F.K. Ashbaugh President's Entrance Scholarships (Any Undergraduate Faculty) Change number from: 4 available To: Up to 4 available

Dr. George Lachapelle Entrance Scholarship (Schulich School of Medicine & Dentistry) Change in number and value from: 4 at $1 5,000 for 4 years To: 1 at $15,000 continuing for 4 years Effective: May 2005

Dr. I.W. Mann Award (Department of Family Medicine) Change in value from 2 at $350 to 2 at $500 Effective: May 2006

Marie Smibert Writing Program Student Achievement Prizes (Faculty of Arts and Humanities, Writing Program) Change effective date from May 2006 to May 2005

Dr. Gerald Z. Wright Entrance Awards (Schulich School of Medicine & Dentistry, Dentistry) Change in name to: Dr. Gerald Z. Wright Entrance Awards - OSOTF. Change in criteria to add Ontario Residency Requirements as the second last sentence: Awarded to entering dental students on the basis of academic excellence who demonstrate financial need. Having determined eligibility through the Office of the Registrar, selection of student recipients is to be the responsibility of the Director of the School, upon the recommendation of the Chair of the Admissions Committee. Applications for financial aid will be supplied to students along with the offer of admission to the School of Dentistry. Recipients must meet Ontario residency requirements. These awards were established through Foundation Western in honor of Dr. Gerald Z. Wright; donations received from School of Dentistry alumni, faculty and staff.

Change in value from: 4 at $1,000 to 4 at $1,100. Effective: May 2006

Dr. Gerald Wright Bursarv (Schulich School of Medicine & Dentistry, Dentistry) Change in name to: Dr. Gerald Z. Wright Entrance Award

Change in criteria to add the requirement for a minimum average of 70%, required for Awards:



Awarded to an entering dental student, based on academic achievement (minium 70% average) and demonstrated financial need. Selection of the student recipient is to be the responsibility of the Director of the School, upon the recommendation of the Chair of the Admissions Committee. Applications for financial aid will be supplied to students along with the offer of admission to the School of Dentistry. Financial need will be determined by the Office of the Registrar. This award was established through Foundation Western by School of Dentistry alumni, faculty and staff in honor of Dr. Gerald Z. Wright.

Change in value from 1 at $1,000 to 1 at $1,100. Effective: May 2006

W.K. K e l l o ~ Foundation Award in Medicine (Schulich School of Medicine & Dentistry, Medicine) Change in value from 1 at $1,500 to 1 at $1,400 Effective: May 2005

Helene Puskas Mavo Award in Education (Faculty of Education) Change in number and value from 1 at $1,800 to 2 at $900 Effective: May 2005

The Bank of Nova Scotia Trust Com~anv Award in Wills (Faculty of Law) Change in Name to: Scotiabank Scholarship in Wills

The Bank of Nova Scotia Trust Comuanv Award in Trusts (Faculty of Law) Change in Name to: Scotiabank Scholarship in Trusts

Civil Engineering Achievement Award (Faculty of Engineering) Change in value from 1 at $250 to 1 at $500 Effective: May 2005

Michael Allen Harte Award (Faculty of Law) Change in value from: a maximum of 2 awards, up to a combined total of $750 To: a maximum of 2 awards, up to a combined total of $1,200. Effective: May 2006

Richard Ivev Foundation Scholarshi~s for the Canadian Universitv Study Abroad Program at Herstmonceux Castle (Any Undergraduate Faculty) Change in criteria from 70% to 75% minimum average to read: Awarded to upper year, undergraduate students who have applied for the fall and/or winter term and have been accepted to participate in the Canadian Study Abroad Program at Herstmonceux Castle. Students must have a 75% minimum average and will be evaluated on their overall academic record, participation in extra-curricular activities and financial need. A one-page essay must accompany the application form and may be returned to the Exchange Programs Ofice on the required due date. Financial need will be determined by the Office of the Registrar. Students from Western's Affiliated University Colleges are eligible to apply also. Established by a generous donation from the Richard Ivey Foundation through Foundation Western. Effective: May 2006

Pioneer Jamie Smibert Award (Faculty of Social Science, History) Change in value from 1 at $1,600 to 1 at $2,000 Effective: May 2006

Cassels Brock & Blackwell LLP Centennial Award in Constitutional Law (Faculty of Law) Change in number from 1 at $500 to 2 at $500 Effective: May 2005 only. (The number of awards will revert to one effective May 2006).

W.H. McGufin Scholarship in Radiologv (Schulich School of Medicine & Dentistry) Change in value from: 2 awards $275 and $175


APPENDIX I1 Annex 5, Page 1 1

To: Up to 2 at $350 each or 1 at $700 Effective: May 2005

Scholar's Electives Scholarshi~s Change in name to: Scholar's Electives and Western Scholar's Scholarships

Change in criteria from: Awarded to 15 students in Years 11, 111, or IV of the Scholar's Electives program. Applicants for this scholarship will be evaluated on excellence in their academic record, participation in and service to the Western community and an essay. Application forms are available in the Office of the Registrar. The deadline for application is May 1 st.

To: Awarded to 15 students in Years 2, 3, or 4 of the Scholar's Electives or Western Scholar's program. Applicants for these scholarships will be evaluated on excellence in their academic record, participation in and service to the Western community and an essay. Application forms are available in the Office of the Registrar. The deadline for application is May 1 st.

Value remains 15 at $1,000 each

Note: The qualijications for both programs require students comingfiom High School to have a minimum 90%Jinal admission average. Western Scholars students and Scholar's Electives students must also both maintain an 80% average while at University with no grade below 65%

Dr. Lillian Fuller Medical Student Access Bursaries (Schulich School of Medicine & Dentistry, Medicine) Change in Value from: 2 at up to $3,930 To: 2 at $3267 Change in Effective Date from: 2000-01 to 2003-04 To: 2006-2007 only

FOR INFORMATION

Corrections Dr. E.V. Buchanan Prize (Faculty of Engineering) In the May Report to the Board, the revised value of the E.V. Buchanan Prize was changed from $300 to $500 with an effective date of May 2006. In fact, the effective date should have been May 2005. Ivev Alumni Association/British Columbia Award (Faculty of Graduate Studies, Business Administration) In the June Report to the Board, the value of this new award was stated as $1,500. In fact, the value of the award should have been stated as $2,500.

New Ontario Graduate Scholarship Wendell R. Smith Ontario Graduate Scholarships (Faculty of Science) Effective May 2007, three students will benefit annually with scholarships of $1 5,000 each ($5,000 from Endowment Income and $1 0,000 Match from the Province of Ontario OGS Program).

Discontinued Awards

The following awards will be discontinued effective May 2006: Bob Eynon Award (Any Undergraduate Faculty) Italian Students' Association Award (Faculty of Arts and Humanities) Ogilvy Renault Award (Faculty of Law)

The following awards will be discontinued effective May 2007: Borden Ladner Gervais LLP Award in Constitutional Law (Faculty of Law) Borden Ladner Gervais LLP Scholarship (Faculty of Law)

Documents

Board of Governors APPENDIX I1 REPORT OF THE PROPERTY … · 2020-01-18 · REPORT OF THE PROPERTY AND FLNANCE COMMITTEE APPENDIX I1 FOR APPROVAL Contents ... Subject to approval