There are several reasons why Avicenna Foundation and others choose to set up a university scholarship program:
- Investing in education: Scholarships provide financial assistance to students who may not otherwise be able to afford a university education. By investing in the education of young people, organisations and individuals can help ensure that students have access to the skills and knowledge they need to succeed in their chosen careers and make positive contributions to society.
- Supporting underrepresented groups: Scholarships can be used to support underrepresented groups, such as low-income students, students from minority backgrounds, or students with disabilities.
- Attracting and retaining talent: Scholarships can be used to attract and retain top talent by providing financial assistance to students who demonstrate a strong commitment to their studies and a desire to make a positive impact in their communities.
- Fostering diversity and inclusion: Scholarships can be used to promote diversity and inclusion within universities and in the workforce by providing financial assistance to students from underrepresented groups.
- Giving back to community: Setting up a scholarship program is a way for organisations or individuals to give back to the community and make a positive impact in the lives of young people.
- Promoting specific fields or industries : scholarships can be set up to promote and support students who wish to pursue specific fields or industries and help them to have a better start in their career.