Atomic Energy of Canada Ltd. (AECL) has entered into a five-year $50,000 scholarship program with the Faculty of Engineering.

“AECL is committed to training the very best nuclear engineers in the world and we see this investment as a positive step in that direction,” said Gary Kugler, senior vice-president of nuclear products and services. “We look forward to having well-trained, industry-oriented engineers available to us in the future.”

Mo Elbestawi, dean of engineering, added: “An investment in the education of a young mind is the promise for the future and economic growth of Canada. AECL's commitment builds on McMaster's reputation as one of Canada's leading research-intensive universities.”

Under the terms of the agreement, AECL will provide $10,000 in each of the next five years with the first instalment being applied against the 2001-02 school year.

The grant will support four engineering students per year during their second undergraduate year. Recipients of the Atomic Energy of Canada Ltd. Scholarship must achieve outstanding academic standings, have demonstrated leadership qualities at either McMaster or in their community and have an interest in advanced engineering projects. Successful applicants will be offered summer employment or work terms at AECL in the year following the award.

AECL designs, markets and services Candu power reactors and has 3,400 employees at offices and laboratories in Montrial, Que., Mississauga and Chalk River, Ont. and Pinawa, Man. It is a nuclear technology and engineering company that specializes in R & D support, nuclear services, design and engineering, construction management, specialist technology and waste management and decommissioning.