A scholarship is the name given to the funding your institution will donate to help one or several students follow their education with a certain financial peace of mind. Think of scholarships as the best way to invest in the future generations, in their dreams and accomplishments, in their capabilities and skills that will bring good to society. It’s also a great way for you to start a social impact project that will directly help someone in need.
Scholarships, just like many other social impact and CSR activities, bring visibility and awareness to your school. Whether the visibility is linked to the form that attracts many applicants and to the good reputation that you’re building for yourself among the today-students-tomorrow-employees, a scholarship program is a great way to let talents acquire the knowledge they need to shine. It’s up to you to choose the criteria for applications based on the elements that matter most to you: grades, demographics, financial need, field of interests, etc.
Now that you have this in mind, you probably want to implement this scholarship program into your own company. Good. Let’s get started, then.