[2] As part of the school's 20th anniversary in 2007, in August 2006 one million dollars was set aside in scholarships for new students.

In 2004 VFS opened its first international Admissions office in Mumbai, India and launched one of the first Game Design programs in North America.

Recent milestones in the school's history include hosting the annual Game Design Expo in Vancouver, which began in January 2007,[7] and partnering with YouTube to launch a 2008 scholarship competition for the creators of three videos submitted and voted upon by the YouTube community.

[4] In 2018, VFS announced three 'Kevin Smith Scholarships' in Acting, Writing and Film Production covering full-tuition.

[9] In May of the same year, VFS announced they would be supporting Vancouver-based Reality Curve Theatre in their off-Broadway production of Zayd Dohrn's Reborning, headlined by Rickards, to be performed at the SoHo Playhouse.