Toronto, Sep 7 (IANS): Five Indo-Canadian high school students have received this year's prestigious Schulich Leader Scholarships.

Nimra Dar, Manpreet Deol, Aditya Mohan, Aishwarya Roshan and Simranjeet Singh were among 50 high school graduates who were awarded the scholarship to enrol in science, technology, engineering or mathematics (STEM) undergraduate programmes at participating universities in Canada and Israel, reports schulichleaders.com.

The scholarship is awarded to the "most promising students" in Canada and Israel to encourage them become pioneers in global scientific research and innovation, the undergraduate award programme's website said in a statement.

Of the 50 scholarships awarded each year, 25 scholarships worth $80,000 each are designated for students pursuing an engineering degree, while the rest -- valued at $60,000 each -- are designated for students studying science, technology or maths.

According to the website, Dar and Deol will utilise their scholarships to pursue engineering programmes, while the other three students will use it to study science courses.

Schulich Leader Scholarship, set up by Canadian businessman and philanthropist Seymour Schulich in 2012, is funded by the Schulich Foundation and co-administered by UJA Federation of Greater Toronto.

Nominations for the scholarships are invited each year subject to the nominees meeting two of the three criteria -- academic excellence, outstanding community, business or entrepreneurial leadership and financial need.