ABBOTSFORD – UFV invited donors, government representatives, and other funding partners to the Abbotsford campus on November 26 to express appreciation for those investing in education.
While student tuition fees are an important funding source for the university, they cover just 30 percent of the cost of a university education. The balance of funding comes from government grants, research grants, donations, and other external sources.
“There’s no better investment than education, and our students know that,” noted UFV President Mark Evered at the event. “I want to acknowledge the investment, faith, and confidence students have in our university. But it’s also important to recognize that students aren’t the only ones investing in their education. Taxpayers, through government grants, and donors, through scholarships and bursaries and other investments, play a key role too.
“Why? Because they’re smart investors. They know educated communities are not only economically better off, but also healthier, safer, more inclusive, more vibrant, and more attractive to other great minds, innovators, and entrepreneurs, multiplying the effect.”
Abbotsford’s Mike Welte, an UFV alumnus who is now an established professional, spoke on behalf of donors.
“Once I got established in my career I created a scholarship because I want to help the students of today succeed,” he noted. “I believe in giving back to UFV and to the Abbotsford community.”
Chilliwack MLA John Martin, who is both an alumnus and a former professor of UFV, spoke about his long relationship with the university.
“When I was a student, UFV gave me the chance to prepare for a career during times of high unemployment. Bursaries and scholarships were a real help to me during my student days.”
Chilliwack MLA Laurie Throness also attended and reiterated his government’s support for education.
Chilliwack MP Mark Strahl wished UFV students continued success and emphasized the significance of federal government support for education through transfer payments and research grants.