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Highlights

  • The Fund provides assistance in the form of a one-time payment (not a regular scholarship). Students may apply for once every academic year they are unable to fulfil their financial obligations.
  • The Council shall carefully review all students’ funding applications and select the eligible ones.
  • The Council shall spend the Fund’s resources for the sole purpose it was created for, students’ assistance only.
  • The Fund shall undergo regular internal and external auditing.
  • Regular reports for the Fund’s expenditures and applications processed shall be developed and communicated to all contributors.
  • The Fund provides no direct cash payment to the beneficiaries.