The University of Professional Studies (UPSA) raised funds to support bright students who need funding support to pursue university studies.
The fundraising was held on the first anniversary of UPSA’s Vice-Chancellor’s Endowment Fund (VCEF). Contributions came from management of the university in collaboration with corporate institutions, students, alumni and other stakeholders.
Board Chair of VCEF, Mr. Millison Narh, disclosed that the goal of the VCEF was to improve access to university education in Ghana by enabling needy and brilliant students receive free undergraduate education at UPSA. He said the fund had targeted GH¢100 million as its seed capital within four years.
VCEF is part of the university’s core value of service and was established to receive third party donations as well as contributions from the university, with the aim of generating operating income for scholarship.
Proceeds from the fund covers full or partial scholarship for newly admitted undergraduate students, continuing undergraduate students and continuing students pursuing professional programs.
The scholarship would also cover the marginalised and disadvantaged in our society as well as the talented and needy students.
This year, Fund targeted 20 students, up from a single student when it was inaugurated in 2017.
Credits: DailyGuideAfrica.com | Nii Adjei Mensahfio