UWI Today March 2019 - page 16

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UWI TODAY
– SUNDAY 3 MARCH 2019
UWI FETE 2019
MUCH MORE THAN A FETE
There is however, much more to UWI Fete. This event,
which celebrated 29 years in 2019, exists to serve a crucial
purpose for Trinidad and Tobago and the region. It creates
educational opportunities.
“We have provided bursaries valued at TT$17.7million
to over 3,400 students,” saysMr Nigel Romano, Chairman of
The UWI Development and Endowment Fund (UWI DEF).
UWI DEF is the organiser of UWI Fete. It was
launched in April 1989 to enable UWI St Augustine to
provide scholarships and bursaries for undergraduate and
postgraduate students to promote academic excellence,
alleviate financial hardship for deserving students and
facilitate student interchange between the UWI campuses.
Romano, who is also the Managing Director and Chief
Executive Officer of JMMB Bank, says, “Today UWI DEF
provides bursaries every year of TT$5,000 each to 200
deserving students and 10 bursaries of TT$15,000 each
to exceptional students. We have also decided to create
special scholarships dedicated to students who in addition
to their academic performance excel in the area of sports
and leadership.”
UWIDEF also funds research in selected areas, endows
chairs and lectureships in key disciplines and funds capital
projects. The fund achieves its mission by investing its
capital to earn enough to pay for its various projects. It also
organises two events, UWI Fete as mentioned above, and
the annual UWI DEF Golf Challenge tournament.
Romano however sees much greater untapped potential
for UWI DEF:
“I really believe that the endowment fund can do a lot
more. But we can’t do it alone.We have to do it in partnership
with the (UWI) Alumni Association and the university. If
we look at endowment funds for universities like Harvard
and Yale they bring in billions of dollars. That’s because the
people who went there recognise the value they received.
The University has to do a better job of engaging with the
alumni and getting the alumni to contribute.”
Romano says greater outreach should also be made
to wealthy individuals and profitable organisations to seek
out philanthropic support. The UWI, he says, is well worth
the contribution:
“The investment made in my education at The UWI, a
BSc in industrial management and an MSc in accounting,
has returned thousands of per cent. It is the best investment
I ever made and is still paying. I know that I am not alone
and hope that many more alumni would recognise this and
choose to give back. Their children will also benefit.”
On February 3, 2019, the St Augustine Campus
was showered in champagne and gold as Trinidad and Tobago came together for UWI Fete 2019. An
event so beloved and revered that it has become institution of the Carnival season, UWI Fete was created in 1990, devised by then Campus Principal and
former President of the Republic of Trinidad and Tobago, Professor Maxwell Richards. UWI Fete was the original all-inclusive, premium Carnival event,
offering partygoers the best live music, cuisine and beverages, and hosted on the sprawling green campus at St Augustine. 2019 was no different. Themed
“Champagne and Gold”, this year’s fete continued the trend of the hottest performers of the season, food from some of the islands’ top restaurants and
eateries, and numerous, stocked to overflowing, bars. This year’s UWI Fete also included massage stations and other outlets to pamper patrons.
Majesty
and
Meaning
PHOTO: DARA JORDON-BROWN
PHOTO: ATIBA CUDJOE
PHOTO: ANEEL KARIM
PHOTO: ANEEL KARIM
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