Yardi Systems invests $410,000 in first-generation and graduate students
Yardi Systems has partnered with Toronto Metropolitan University’s Ted Rogers School of Management (TRSM) to create a new scholarship program for first generation students worth $320,000. At the same time, the property and asset management software company has also committed an additional $90,000 to support Ted Rogers School graduate students in the Real Estate Management program.
Yardi’s investment in Ted Rogers School students is a first at a Canadian university, seeing TMU join American schools such as the University of California, Berkeley, and the University of Texas, Austin, both of which host Yardi scholarships as well.
A real estate software company that develops and supports industry-leading investment and property management software for all types and sizes of real estate companies, Yardi has grown to over 9,000 employees since its founding in 1984. With a history of supporting underserved communities, including four historically Black colleges and universities (external link, opens in new window) in the U.S., Yardi recognizes the transformative power of higher education.
The Yardi Foundation (external link, opens in new window) has committed over US$10 million in scholarships and student support over the next four years, including our support for students at the Ted Rogers School of Management,” says Peter Altobelli, vice president of sales and general manager for Yardi Canada Ltd. “We are proud to partner with Ted Rogers School to strengthen the next generation of talent in real estate management in Canada.”
“We are immensely grateful to Peter Altobelli and Yardi Canada for their support to our students,” says Dean Cynthia Holmes. “Ted Rogers School is considered to have one of the highest percentages of first-generation students in Canada and Yardi Canada’s gift will improve access to quality post-secondary education and help us support students’ success.”
The $320,000 Yardi Scholarship program at Ted Rogers School is designed to support first-generation students facing financial barriers to education. The program will award $10,000 each to two undergraduate students annually – one student from each of the Business Technology Management and the Real Estate Management programs, renewable for up to four academic years, based on the students maintaining a certain level of academic achievement. In addition to the monetary award, recipients may have professional development opportunities, such as connecting with Yardi employees to expand their professional network.
Eligible students are encouraged to apply for the Yardi Scholarship through AwardSpring (external link) .
