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Fund
allocation and Priorities
Organized fund-raising has been identified as
an important element of the activities of the NSAC and the establishment
of the Development and Alumni Relations Office is recognition
of that priority. There are a number of priorities that the
NSAC has identified as potential for fund-raising efforts by
faculty, staff, alumni and friends of the NSAC. Additional details
on these priorities are available by contacting staff of the
Development Office. Funds will be sought for these areas through
annual fund-raising efforts, major gift solicitation and corporate
sponsorship.
Scholarships
and Bursaries
The NSAC has one of the best student scholarship
programs of any university in Canada. In 2003 for example it
dispersed more than $750,000 in awards. In addition to the many
named scholarships sponsored by individuals and organizations
(both endowed and contributed to annually) there are many other
scholarships funded by NSAC and government for students.
There is an additional need to secure and expand
these awards by other means. It takes approximately $25,000
in an endowed fund to support a $1,000 annual award. Although
there are many undergraduate scholarships, there is a need to
expand the awards to support graduate studies as well as international
students. Additional awards are needed in the following categories.
- scholarships for Technician,
Technology, Undergraduate and Graduate degree students
- International student scholarships
- student research awards
- bursaries of all types
The Second Century Endowment Campaign
is designed to address this objective.
Teaching
Development Fund
Teaching and Learning represent one facet of the
academic mission at NSAC, the other two being research scholarly
activity and service to the College and beyond. In most cases
the larger portion of the workload of a faculty member is associated
with teaching courses within the three academic streams, technical,
undergraduate and graduate. This is expected of all teaching
professionals and yet it does not generate the same level of
support from sources external to the College as research generally
does. The Teaching Development Fund of NSAC bridges that gap
by providing funding to qualified teaching personnel specifically
to support teaching and learning.
Some examples of the use of resources from this
fund include:
- Provision of teaching/learning workshops and
seminars on the NSAC campus
- Purchase of teaching/learning software
- Provision of travel support for a teaching
professional to attend a conference
- Support for the purchase of discipline-specific
materials required for teaching
- Support for faculty members to further the
generation of classroom materials
- Funding of new classroom equipment purchases.
The Adopt-a-Classroom
project is designed to provide funding in this area.
- Provision of honoraria to encourage respected
educators to visit NSAC
Infrastructure
Capital Fund
The NSAC is fortunate to have some of the best
facilities of any university in the province. However there
is a constant need to be able to maintain, upgrade and expand
as the years go by and demands change. Provincial budgets have
not kept pace with this demand and an additional source of funding
is required. There is a long list of needs for funding in this
category.
- Library expansion and Improvement
- poultry facilities
- greenhouse and landscape horticulture facilities
- Cox Institute/Plant Science renovations and
modernization
- Student Union/Centre Project
- Improved ventilation system for Alumni Theatre
and Athletic Centre
- Alumni Gardens improvements and other outdoor
infrastructure
- Improvements to residences
- campus centerpiece project (proposed to be
a clock to be located centrally on campus)
- campus and roadside signage
- athletic centre sports medicine clinic facilities
Library
Development Fund
Support of the Library has always been a priority
of the NSAC. A trust fund has long been established to help
support the functioning of the library helping to purchase new
equipment, books and periodicals. The library development fund
needs additional capital to become self-sustaining
Athletics
Development Fund
Athletics is an important element of student life
on the NSAC campus and we are fortunate to have an excellent
Athletic Centre and committed staff to support it. However,
there is always a need for additional funding sources for projects
and activities such as training, team travel etc.
Research Program Matching
Funds
The NSAC has been very successful in the last
few years in attracting support for research infrastructure
and personnel through various government programs. The Canada
Foundation for Innovation (CFI) has awarded support for the
agronomy, fur and poultry programs. The Canada Research Chairs
program has allocated four positions to the NSAC. There are
several applications for funding from the Atlantic Innovation
Fund (AIF). All of these programs require an element of "matching
funding" to capture the full amount of the federal grant.
Money is sought from provincial sources or from internal budgets
of the NSAC, however our ability to meet all the required amounts
is increasingly strained. For this reason we are turning to
private sources for the required matching amounts.
The NSAC will establish a fund where matching
funding can be found for the various projects. In some cases
there will be sub-funds created that will be endowed for long
term support of specific programs. In other cases the matching
funds will be expended in support of the project on a one time
basis. Committees made up of various interest groups will work
to raise and allocate the funds necessary for each project.
There are already several projects currently active and looking
for matching funds and others will be established as warranted.
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