About the Royal Bank Scholarship
The Royal Bank Scholarship, widely known as the RBC Future Launch Scholarship, is a strategic program designed to equip young Canadians with the tools, funding, and mentorship needed to thrive in today’s job market. RBC offers different scholarships under this initiative to cater to diverse demographics including:
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General youth aged 15–29
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Indigenous students
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Black youth
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Adult learners in green and sustainable careers
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Children of RBC employees
These scholarships promote equity, access to education, and career readiness among underrepresented groups.
Types of Royal Bank Scholarships
1. RBC Future Launch Scholarship for Youth
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Target Group: Canadians aged 15–29
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Amount: CAD $1,500 per recipient
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Number of Awards: Over 500 annually
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Eligibility:
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Must be a Canadian citizen or permanent resident
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Not currently enrolled full-time in post-secondary education (or attending part-time)
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No minimum GPA required
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This scholarship is for those who show strong passion and drive toward learning new skills. Funds can be used for online courses, workshops, learning tools, and more.
2. RBC Future Launch Scholarship for Indigenous Youth
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Target Group: First Nations, Inuit, and Métis youth
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Amount: Up to CAD $10,000 per year (renewable for up to 4 years)
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Eligibility:
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Indigenous Canadian aged 15–29
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Enrolled in a post-secondary program in Canada
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Full-time student
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Demonstrated financial need
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This scholarship includes both financial aid and mentorship support to help Indigenous youth succeed academically and professionally.
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3. RBC Future Launch Scholarship for Black Youth
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Target Group: Black Canadian youth aged 15–29
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Amount: Up to CAD $10,000 per year for four years
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Eligibility:
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Canadian citizen, permanent resident, or refugee
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Must be nominated by an RBC community partner
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Enrolled or accepted into a post-secondary institution
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In addition to funding, scholars receive access to a strong mentorship network.
4. RBC Green Skills Scholarship
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Target Group: Adults aged 25+ entering green/sustainable industries
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Amount: CAD $5,000–$10,000 per year
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Eligibility:
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Canadian citizen or permanent resident
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Pursuing programs in environmental sectors like sustainable agriculture, renewable energy, waste management, etc.
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Full-time or part-time students
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This scholarship supports the transition to a sustainable economy by encouraging adults to develop green career skills.
5. RBC Children of Employees Scholarship
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Amount: CAD $2,500
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Eligibility: Children of full-time RBC employees in Canada
Application Process and Deadlines
Each scholarship program under the Royal Bank Scholarship umbrella has specific application periods:
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RBC Future Launch (General): Applications typically open in March and close in May
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Indigenous and Black Youth Scholarships: Open in Fall/Winter
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Green Skills Scholarship: Launches in Spring
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Always check the official RBC scholarship portal for accurate timelines and documents required.
Benefits of the Royal Bank Scholarship
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Tuition Support: Covers a portion or full cost of education
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Career Development: Access to workshops, training, and events
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Mentorship: Paired with leaders in industry and community
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Recognition: Being an RBC Scholar boosts your resume
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Flexibility: Funds can be used for traditional education or alternative skill-building
How to Apply for the Royal Bank Scholarship Program
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Visit the Official Scholarship Website
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Go to the official RBC Future Launch page.
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Choose Your Scholarship Category
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Select the stream that applies to you (general, Indigenous, Black youth, etc.)
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Prepare Required Documents
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Proof of identity (e.g. Canadian citizenship or residency)
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Proof of enrollment or intent to study
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Reference letters (for some streams)
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Personal statement or video (optional but encouraged)
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Submit Application
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Complete and submit the online application before the deadline.
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Wait for Confirmation
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Successful applicants will receive email confirmation and follow-up instructions.
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Why You Should Apply
The Royal Bank Scholarship 2025/2026 is more than just money for school. It is a gateway to community, mentorship, and opportunity. Whether you are a high school graduate, part-time student, or adult learner, there is a program for you.
Conclusion
The Royal Bank Scholarship 2025/2026 represents more than just financial aid—it is a powerful initiative to support Canadian youth, promote equal access to education, and develop future leaders. Whether you are a high school graduate, Indigenous or Black student, adult learner, or a young professional looking to upskill, the RBC Future Launch and other Royal Bank scholarships offer a valuable pathway to success.
With funding of up to $10,000 per year, mentorship, and access to exclusive resources, these scholarships remove many barriers to education and career development. Don't miss this opportunity to invest in your future—visit the official RBC Future Launch website and apply before the deadline.
This article is for informational purposes only and is not affiliated with or sponsored by the Royal Bank of Canada. While efforts have been made to ensure accuracy, readers are encouraged to visit the official RBC Future Launch Scholarship website for the latest updates, deadlines, and official requirements.
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