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When Gerald Hagey assumed the presidency of Waterloo College in 1953, he made it his priority to procure the funds necessary to expand the institution.While the main source of income for higher education in Ontario at the time was the provincial government, the Ontario government made it clear that it would not contribute to denominational colleges and universities.
The academic structure of the Associated Faculties was originally focused on cooperative education in the applied sciences – largely built around the proposals of Ira Needles.Needles proposed a different approach towards education, including both studies in the classroom and training in industry that would eventually become the basis of the university's cooperative education program.While the plan was initially opposed by the Engineering Institute of Canada and other Canadian universities, notably the University of Western Ontario, the Associated Faculties admitted its first students in July 1957.On 25 January 1958, the Associated Faculties announced the purchase of over 74 hectares (180 acres) of land west of Waterloo College.University of Waterloo is most famous for its Cooperative Education (co-op) programs, which allow the students to integrate their education with applicable work experiences.University of Waterloo operates the largest post secondary co-op program of its kind in the world, with over 19,000 co-op students and 5,200 employers.
It was established to fill the need to train engineers and technicians for Canada's growing postwar economy.
It grew substantially over the next decade, adding a faculty of arts in 1960, and the College of Optometry of Ontario which moved from Toronto in 1967.
The University of Waterloo (commonly referred to as Waterloo, UW or UWaterloo) is a public research university with a main campus located in Waterloo, Ontario, Canada.
The main campus is located on 404 hectares (1,000 acres) of land in "Uptown" Waterloo, adjacent to Waterloo Park.
The university offers academic programs administered by six faculties and ten faculty-based schools.
The university also operates four satellite campuses and four affiliated university colleges.