Dubai(UAE) 20 April 2016: A Dubai-based foundation, Abdulla Al Ghurair Foundation for Education, has decided to give scholarships worth Dh4.2 billion to Arab students. The scholarship programme was launched by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, at Zayed University in Dubai.
“The programme is focused on providing Arab students as well as Emirati students to go to top universities to study STEM subjects,” Maysa Jalbout, chief executive of the foundation said.
During the launch, businessman and founder Abdullah Ahmad Al Ghurair had donated a third of his assets to the education foundation which seeks to improve the quality of education and help thousands of promising Arab youth from underprivileged backgrounds.
It will use Dh4.2 billion, donated by its founder, to cover university costs of 15,000 students from across the Arab world, including Emiratis, over the next 10 years. It will also support 5,000 high-achieving grade 11 and 12 Emirati students at public schools who wish to study science, technology, engineering and mathematics (STEM).
The Al Ghurair STEM Scholars Programme currently covers only undergraduate and graduate studies. Students can apply for the programme on the foundation’s website (www.alghurairfoundation.org) starting from Wednesday to May 30 for admission in September.
The foundation signed agreements with the American University of Sharjah, the American University of Cairo , Khalifa University and the American University in Cairo, allowing students enrolled into the scholarship programme to study at these institutions.
The foundation hopes to sign agreements with universities from the United States, Canada, the UK and Australia in the future, according to Abdul Aziz Al Ghurair, chairman of the Abdulla Al Ghurair Foundation for Education Board of Trustees.
To be eligible for the programme, students will need to be no more than 30 years of age and have a grade point average (GPA) of at least 85 per cent from high school or a minimum of 3.0 from university, according to Jalbout.
Depending on the financial needs of the students, the programme can cover other costs besides the full tuition fees, such as accommodation.
“For each student, depending on their need and the cost of the education at the university they’re going to and the place they’re staying at, we’d be covering things like tuition and helping them with skills development, job placements and volunteering, to build their CVs so they become competitive when they graduate,” Jalbout said.
The foundation also launched on Wednesday the Al Ghurair Young Thinkers Programme, which is aimed at increasing the number of Emirati college-ready students through up-skilling programmes in English, mathematics, science and innovation, and the Al Ghurair Open Learning Scholars Programme, which is designed to increase students’ access to high-quality education through online and blended learning degrees and programmes offered by universities worldwide.
About Al Ghurair Education Foundation
Established in July 2015, the Abdulla Al Ghurair Education Foundation is one of the largest privately funded philanthropic education initiatives in the Arab world, devoted to equipping Arab youth with the knowledge and skills they need to become future leaders of the Region.
A legally registered entity, the Foundation owns one third of the assets of the Al Ghurair group of companies. The Foundation’s board of trustees is chaired by H.E. Abdul Aziz Al Ghurair, son of respected business leader Abdulla Ahmad Al Ghurair.
The Foundation aims to prepare young Emiratis and Arabs to fulfill their potential through access to quality education. The Foundation programs will target youth who demonstrate academic and leadership merit but do not have the financial means to pursue a quality education. The Foundation also aims to make investments in innovative education initiatives for the purpose of improving the quality of education in the Arab world and scaling innovation and best practices.
Through an initial budget of AED 4.2 billion over ten years, the Foundation will invest in innovative high impact programs that improve the transition from secondary to tertiary education, and help a minimum of 15,000 promising Arab youth from underprivileged backgrounds pursue quality higher education.