Members have asked several general questions. We will try to answer some of them;

Q: What is the purpose of the Fund?
A: The purpose is to provide, in the name of CAW Local 88, a source of bursary assistance for students entering first year of a post secondary education. The initial objective of CAW Local 88 is to see the account grow in value until the income from it can support two or more such bursaries. This is an entrance bursary and is not renewable for a student entering his/her second year of studies.

Q: Who owns the Fund?
A: The Fund is the property of CAW Local 88.

Q: Who administers the Fund?
A: CAW Local 88 does. The money is pooled with all the other funds administered by CAW Local 88.

Q: How does the Fund grow?
A: The Fund will have an initial donation from CAW Local 88 General Revenue of $2000.00. CAW Local 88 will also donate from its own funds in memory of deceased members ten cents per active member per month. The only other real source of such growth will be the voluntary contributions that Members of CAW Local 88 make into the Fund; and the contributions we can persuade others to make into the Fund.

Q: Who will decide when the Fund is big enough to pay a bursary?
A: The CAW Local 88 Memorial Bursary Committee will. This Committee will consist of three (3) Members of CAW Local 88 and be appointed by the Executive of CAW Local 88 and approved by the Membership of CAW Local 88. These appointments will be reviewed in conjunction with CAW Local 88 tri-annual elections. The initial objective of CAW Local 88 is to award the first bursaries (2) for the school year 2003(Fall) to 2004(Spring).

Q: Who will decide the size of bursaries, and who will select the recipients?
A: The CAW Local 88 Memorial Bursary Committee will. Every month, the Financial Secretary will report the Funds status at the regularly scheduled General Membership Meeting. The criteria and selection of the recipient will be established by the CAW Local 88 Memorial Bursary Committee. The decision of the CAW Local 88 Memorial Bursary Committee is final. The initial objective of CAW Local 88 will be to have two bursaries of $750.00 awarded for the school year 2003(Fall) to 2004(Spring) and preference will be given to applicants entering a Labour Studies Course. Applicants will be required to make a submission to the CAW Local 88 Memorial Bursary Committee which should include an official application form; the applicant’s record in school; a recommendation from a teacher or principal or other community figure; an essay (1,000 to 1,500 words) on such topics as listed on the application form. As of September 2006 three (3) bursaries have been awarded in each year.

Q: Who will be eligible?
A: Three (3) bursary of $750.00 will be awarded to sons/daughters of CAW Local 88 Member entering their first year of post secondary education (CAW Local 88 Member must be in good standing, present, retiree or deceased). These awards are restricted to students entering a Canadian Institution. The Student must be graduating from a secondary school and intending to proceed to advanced education in an institution: a university, a technological institute, community college, teachers’ college, nursing school, etc., in Canada.

Q: When will the application be made available?
A: The application package will be made available at the CAW Local 88 Benefits Office as of January 1 of each year. All applicants should ensure that their completed application is submitted to CAW Local 88 Memorial Bursary Committee, postmarked no later than April 30 of each year. Incomplete applications will not receive consideration.

Q: When will the applicants know the results for each year?
A: The CAW Local 88 Memorial Bursary Committee will meet during the month of July and applicants will know the results by the end of July of each year.