The Shulich Foundation increases the number of scholarships from 35 to 50 per year

These are scholarships amounting to NIS 120 each for outstanding students but without financial means * This means - the distribution of scholarships worth NIS 6 million every year

The Shulich Foundation, which provides the largest scholarship in Israel in the amount of NIS 120 per student, is increasing the number of scholarship recipients and starting this year will distribute 50 scholarships instead of 35. The deadline to register for the scholarship is August 10

The Shulich Leaders Scholarship Foundation, which has been operating in Israel for the past four years, has decided to increase the number of students to whom it grants scholarships and starting this year will award scholarships to 50 students with potential for excellence, who will receive approximately NIS 120 during their undergraduate studies. Registration for the scholarship will end this year on August 10.

So far, the scholarship has been given to only 35 students per year. With the increase in the number of scholarship recipients, the amount awarded by the fund established by the Jewish-Canadian philanthropist Seymour Shulich will reach a total of over five million shekels - an amount that positions it as the largest private scholarship fund operating in Israel today. The foundation aims to promote a new generation of Israeli academic and technological, economic and business, and social and political leadership, based on the concept that the future of the State of Israel is closely related to the degree of investment in education in science and technology.

The scholarship is given to students with high educational achievements, and without financial means, studying the fields of science, engineering, technology or mathematics, at one of the following institutions: the Technion, the Hebrew University, Ben Gurion University, Bar Ilan University and Tel Aviv University. Shulich's scholars even dedicate their time to contributing to the community and volunteer in various settings, with quite a few of the students even educating teenagers and children in schools from the social and geographic periphery of Israel. In addition to this, as part of the scholarship, the students take part in the enrichment program which aims to develop among them leadership skills, responsibility and social awareness, and also receive useful tools for entering the job market, from writing resumes to job interview simulations.

The annual scholarship amount of 30 thousand shekels, an amount ranging from 90-120 thousand shekels over the three or four years of the degree, allows students to dedicate themselves to success in their studies without having to deal with living expenses and livelihood difficulties. Shulich, who is the head of the world's largest gold mining company and has already donated over $350 million of his personal wealth to causes in Israel and Canada, established a $100 million fund for the initiative that will provide many scholarships in the years to come. This is with the ultimate goal that those students will integrate into leading companies in the economy, public service and academia and will be able to contribute back to society.