Exchange students to be benefit from Scotiabank’s $500,000 donation to Carlton U

OTTAWA — A $500,000 donation announced Thursday morning will help exchange students, says Carleton University.

The donation from Scotiabank will be used to set up an endowment fund for awards that are to provide $4,000 to outgoing or incoming exchange students.

The first Scotiabank International Exchange Award is to be handed out in the 2013-14 school year.

The awards will be provided annually to students “participating in an official exchange in countries where Scotiabank operates to foster international study experiences,” stated a press release.

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