Scholarships and student aid

In 1999-2000 McGill provided $8 million in undergraduate scholarships and student aid (including support for the University's student Work-Study program, which was matched by departments). The University has an extensive program of entrance awards recognizing outstanding academic achievement and leadership qualities. Valued at from $2,000 to $10,000 (renewable), scholarships are offered to both Canadian and international students. Details are sent to all prospective students in McGill's admission application kit. McGill also administered $33.5 million in government loans to students.

Graduate students received $3.1 million in McGill fellowships and $4.6 million in salaries. In 1998-99, they also attracted approximately $14 million in fellowship funding from Canadian and international sources. In addition, more than $12 million from research grants and contracts was devoted to graduate student support.

Montreal is a veritable "univer-city." Last year, a study conducted by McGill found that Montreal, with its four universities and numerous research institutes, beat Boston in terms of number of students per capita: 4.38 vs. 4.37. This is a fact that makes the city a vibrant place of study with plenty of opportunity for joint programs, the sharing of facilities and rich cultural activity in French, English and many other languages.

2000 revenue

Total operating revenue for 1999-2000					$698,349,000
		Government of Quebec grant			$214,634,000
		Tuition fees			$61,383,000
		Research funding not including affiliated hospital research or 2000 Canada Foundation for Innovation awards			$135,447,000
		Other income			$286,885,000
			Sale of goods and services		$27,164,000
			Gifts, grants and bequests		$104,349,000
			Endowment and investment revenue		$70,716,000
			Services to the community includes Continuing Education programs, Farm Management, International development projects		$37,324,000
			Student services (fees, aid, grants)		$27,329,000
			Ancillary services		$20,003,000

Tuition rates

Approximate fees for undergraduate students for 2000-2001 (medicine and dentistry not included) Quebec residents $1,668 Canadian citizens and permanent residents from other provinces $3,708 International students $8,268 to $15,000   depending on discipline of courses taken

Endowment

At May 31, 2000, McGill's restricted endowment fund was at a market value of $729,000,000*. Built up over the University's long history, it represents contributions from hundreds of individuals and institutions.
* Not audited

McGill took the lion's share of CFI (Canada Foundation for Innovation) funds this year, winning research support for 22 of the 30 projects for which applications were submitted. A full 17% ($61 million) of the federal monies went to the University, an amount which will be matched by the province and topped up with an additional $28 million from the University and its industrial partners. Brain research was a big winner: $15.5 million will go to the Montreal Neurological Institute. Among the innovative projects was the Centre for Interdisciplinary Research in Music, Media and Technology, which was awarded $2.6 million.

Private support

Total private support to McGill for 1999-2000: $117,013,099 corporate $10,237,570 individuals $82,428,689 alumni $73,989,659 non-alumni $8,439,030 foundations $13,418,858 associations $8,602,079 other $2,325,901

According to the 1999 Report on Universities, published by Maclean's magazine, McGill placed number one in terms of federal funding per professor with research dollars per professor, passing the $45,000 mark. Among Quebec universities last year, the University won more research funding than any other university (28%) and produced 35% of all university publications.

Last spring, in what was the single largest philanthropic gift made by an individual to a Canadian university, alumnus Richard Tomlinson gave McGill $64 million in cash and stock options. The money will create 40 endowed fellowships for graduate students, among other things. The entrepreneur and professor emeritus of chemistry at McMaster University made the gift "because I'm interested in education. It's been my whole life."

Principal Bernard Shapiro and Richard Tomlinson

Economic Impact

The funds which McGill has attracted from outside Quebec over the past 10 years, thanks to the presence of international and out-of-province students, donations and international research agencies, amount to more than $5 billion and generate millions of dollars in tax revenue for Quebec.

Office of Technology Transfer

McGill's Office of Technology Transfer (OTT) promotes and facilitates the transfer of technology between McGill researchers and industrial and government sponsors. Its officers help McGill staff and industry find partners with appropriate expertise. They draft, negotiate and manage research contracts. When inventions from McGill University and its affiliated hospitals are reported to OTT, an early assessment of the commercial potential is carried out by OTT to determine whether to protect the intellectual property and obtain patents or copyrights. OTT officers negotiate royalty-bearing licence agreements and are active in structuring spin-offs. In 1999-2000, OTT helped create four spin-offs and negotiated about 16 licences and $15 million in contracts. It also received more than 100 reports of invention by McGill researchers. Over the past three years, OTT has helped create 20 spin-off companies.

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