The University of Toronto announces a new $100 million scholarship program aimed at attracting PhD talent to Canada. The school presents it as the Presidents’ Impact Scholarship Program and says it will support a cohort of researchers through multi-year funding.

According to outlet coverage, the program provides about $80,000 per year for 50 scholars. That results in roughly $320,000 in annual scholarship support per group member set and about four years of total funding per scholar, for an overall program figure described as $100 million. The Winnipeg Free Press and CityNews Toronto both report on the scholarship amount and the number of recipients, while BNN Bloomberg focuses on the overall $100 million launch and the goal of drawing PhD talent.

Outlets agree on the launch, the program name, and the purpose, with differences mainly in how much detail they include about per-scholar funding and timelines.