Loran Award
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| Motto | Character, Service, Leadership |
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| Formation | 1988 |
| Headquarters | Toronto, Ontario, Canada |
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Official language
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English, French |
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Executive Director
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Franca Gucciardi (Loran Scholar '90) |
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Key people
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| Website | www.loranscholar.ca |
Founded in Toronto in 1988, the Loran Scholars Foundation is a national charitable organization awarding scholarships for students entering university in Canada. Loran Scholars receive the country's largest independent undergraduate merit award on the basis of character, service and leadership.
The Loran Scholars Foundation selects up to 33 students each year for an undergraduate scholarship valued at $100,000. It has been active since 1990.
The scholarship is tenable at 25 public universities throughout Canada; however, the lower level awards (provincial awards and finalist awards) can be used at any public Canadian university or college. Nineteen Loran Scholars have gone on to win Rhodes Scholarships. It consists of annual stipends, a matching tuition waiver, summer internship funding, annual retreats and scholar gatherings, and mentoring over four years of study.
The Loran Scholar selection process is rigorous. The selection process is as follows:
Since the award was established in 1990, the foundation has selected more than 603 Loran Scholars. Past Loran Scholars include Lucas Skoczkowski, founder and former CEO of Redknee; Graham Fox, president and CEO of the Institute for Research on Public Policy; Diane Nalini de Kerckhove, a jazz musician and physicist; youth engagement leader and social justice advocate Michelle Dagnino; CPR assist device inventor Corey Centen; François Tanguay-Renaud, Director of York University's Jack & Mae Nathanson Centre on Transnational Human Rights, Crime and Security, and Associate Dean Research at Osgoode Hall Law School; Goldman Sachs managing director Lyle Schwartz; Thalmic Labs co-founder and CEO Stephen Lake; and Orpyx CEO Breanne Everett. In 2013, the artist Raine Storey was chosen as the first visual artist to ever receive the award. She subsequently attended Queen's University within the Bachelor of Fine Arts (Hons.) program and successfully runs the business Raine Storey Illustration.
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