11.12.07

Tarayana Scholarship Endowment Fund

Tarayana Scholarship Endowment Fund

Creation of the Fund

A modest Tarayana Scholarship Endowment Fund was set up through grants from Save the Children-USA, Lotus Outreach, and corporate and personal donations.

Objective of the Fund

The Endowment allows Tarayana to support school children. The support provides for the students' school fees, uniforms, supplementary meal contributions and other associated expenses, which would otherwise have to be borne by the parents. The fund helps Bhutan achieve its objective of educating disadvantaged children, which is in consonance with the United Nations' Millennium Development Goal of achieving universal primary education.

Selection of Beneficiaries

The beneficiaries are identified in collaboration with the local community leaders, Tarayana Field Staff, District Education officials and teachers. Tarayana School Clubs also help in identifying students needing support.

Support Provided in 2007

Tarayana supported 800 students during the 2007 academic session. In addition to the support being provided through this programme, the Tarayana school clubs collectively supported 85 students. This is an example of students helping students to stay in school; it teaches young children how to be part of the solution to local issues of poverty.

Needs for 2008

Tarayana is in the process of finalising the list of students to be supported through its Scholarship Endowment Fund. It is expected that at least 1200 students will need support.

Needs Greater Than Funds

The Scholarship Endowment Fund is small and the interest generated is not sufficient to meet the requirements of the students who need support. Tarayana has to raise about Nu. 2.4 million for this programme alone. In order to do so, the Foundation has to seek additional financial support in order to be able to look after the new student beneficiaries. Tarayana invites and highly appreciates donations from individuals and organizations within Bhutan and from abroad. We invite all to take this opportunity of helping students go to and stay in school.

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