Frequently Asked Questions
- How can I make my donation?
- Is my contribution tax deductible?
- Can I direct my contribution to a specific program?
- How does an endowment work?
- I established a student award. When are the awards given out?
- How are the recipients selected?
- How can I contact the student who received my award?
- Will my employer match my gift to the BCIT Foundation?
How can I make my donation?
Learn more about convenient ways to donate today.Top
Is my contribution tax deductible?
Yes, the BCIT Foundation is a registered Canadian charity and can issue tax receipts for all donations over $10. (Charitable Registration Number/BN: 876776824 RR 0001)
Use CRA's handy tax calculator to figure out the tax implications of your donation.Top
Can I direct my contribution to a specific program?
Yes. You may direct your contribution to one program or several programs. You may also leave your contribution undesignated, to support BCIT priority initiatives.Top
How does an endowment work?
An endowment is a means of establishing a fund which is invested and earns interest annually. The interest can be used for various projects including awards, campus development or other BCIT initiatives. Top
I established a student award. When are awards given out?
Depending on whether you are providing an award for a first or second year student, or a student just entering a program, the award is presented at a formal ceremony in November, February or June. You will receive an invitation to the ceremony and be invited to present your award on stage to the successful student. There is no formal presentation for bursaries due to the confidential and sensitive nature of needs based funding. Bursaries are disbursed 3 times per year depending on the program.Top
How are award recipients selected?
Graduating Awards and First Year Scholarships – Recipients are selected from a computer-generated rank list of marks. The top academic student(s) receive the awards.
Graduating or First Year Achievement Awards – Students are nominated by the program faculty based on a combination of leadership, service, marks and all-round achievement. The BCIT Student Financial Aid & Awards Office verifies eligibility.
Bursaries and Entrance Awards – Students must complete an application form available from the BCIT Student Financial Aid & Awards office.Top
How can I contact the student who received my award?
We can assist with connecting you to the student who received your award. We would reach out to the student and inform them you wish to be in touch with them.Top
Will my employer match my gift to the BCIT Foundation?
Some corporations and businesses have programs to match employee gifts either in whole or in part. In some cases, gifts from spouses, directors and retired employees are matched. We urge you to explore this possibility as it may double or, in some cases, triple your gift. Ask your employer about it.Top