The Local shall award bursaries in the amount of seven hundred and fifty dollar ($750.00) bursary certificates annually. The bursaries shall be awarded so that the principle bursary investment is left untouched.
Eligible applicants will need to meet the following criteria:
a) Dependents or grandchildren of active, retired or deceased members of Local 2
b) Brothers or sisters of current active members within Local 2
c) First time applicants will take precedence
d) Eligible applicants may apply in each year of study.
Option c): Will ALWAYS take precedent over consideration of Option d)
All applicants will have their applications submitted on or before the May 15th deadline. Bursary certificates will be redeemable in the second half of the year of continuing post-secondary program education upon proof of registration. The certificates will expire one year after being awarded if they are not redeemed.