The value of the Award will be determined by the income generated by the fund each year. The goal is to provide a combined scholarship with a value of up to $20,000. Of this, $5,000 will be provided from the endowment income, to be matched 2:1 ($10,000) by funding from Ontario Graduate Scholarships (OGS) or the Queen Elizabeth II Graduate Scholarship in Science and Technology (QEII-GSST). The University of Waterloo will top-up the scholarship with $5,000. This will be in addition to the minimum funding. The value and/or number of scholarships may change as funds permit. Eligibility for the scholarship should be based both on academic merit and preference will be given to a graduate students whose area of research is engineering materials. If the match or enhancement becomes unavailable or a suitable recipient cannot be found, the funds will be paid out as a regular graduate scholarship.

Established in 1957, University of Waterloo is a non-profit public higher education institution located in the urban setting of the large town of Waterloo (population range of 50,000-249,999 inhabitants), Ontario. Officially accredited and/or recognized by the Ministry of Training, Colleges and Universities, Ontario, University of Waterloo (UW) is a large (uniRank enrollment range: 25,000-29,999 students) coeducational higher education institution. University of Waterloo (UW) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. See the uniRank degree levels and areas of study matrix below for further details. International applicants are eligible to apply for enrollment.