During March the second phase of the Bavaria Opportunities– Educational Support for Shopkeeper's Children will enable 500 studentsto attend higher education degree courses (technical, technological and university) during the second term of 2010.
This Bavaria Social Responsibility activity, launched in October 2009, has already benefited 19 students throughout the country. Theseshopkeeper's children have recently started their academic courses.
In this new stage of the program the grandchildren of shopkeepers from the most vulnerable socio-economic groups are also eligible to receive the program benefits.
Other relevant changes are an increase in coverage for technology degrees and allowing students who are in the last two years or last four terms of their university degrees, to be eligible for the program.
The initiative will also support those young who wish to obtain a professional degree/professional specialization using the propaedeutic method (preparation for the study of a discipline).
This phase of the Bavaria Opportunities– Educational Support for Shopkeeper's Children program uses the same characteristics as the first phase with up to 80% of the value of the matriculation being paid in sponsorship, zero interest and no co-signer/or co-debtor being required.
Selected students must comply with the requested first phase requirements , and must pay the money back when they find gainful employment.
The program applies to technical or university careers, which have a maximum cost of COP$1.500.000 per term.
The administration of Bavaria Opportunities – Educational Support for Shopkeeper's Children will be managed by the firm Lumni, who are specialists in the design and administration of human capital investment funds for high potential students from low income backgrounds. They will give support to the students throughout all the program phases.
From the second fortnight of March, Bavaria Shopkeepers will receive the pre-inscription form and a special edition of Don Próspero Flash detailing the main aspects of the program. Complete information about the Bavaria Opportunities – Educational Support for Shopkeeper's Children program will also be published in the Don Próspero magazine in April.
Candidates must complete all the process through the Bavaria website. The form is available on-line from the first week of April.
Student Requirements
· Be the son/daughter or grandson/granddaughter of a shopkeeper with an establishment in a vulnerable socio-economic group area.
· Be a high school student or be in the 11th grade.
· Be between 16 and 25 years old.
· Be single and not have children.
· Have an ICFES test result that exceeds the regional average.
· Have outstanding college grades.
· Posses an acceptance and/or enrolment order from an education institute approved by the National Education Ministry.
· Have a valid email address.
Shopkeeper Requirements
Just as the student has to comply with various conditions the shopkeeper also has to meet the following requirements:
· Their establishment must operate and be located in a vulnerable socio-economic group area.
· They must sell Bavaria products at the Recommended Retail Price.
· They must not sell alcohol to minors
· They must have sufficient economic means to be able to pay a minimum of 20% of the cost of the matriculation fees for the term.
Required Documents
· For 11th grade Students
Photocopies of the academic results for the 9th and 10th grades and results up to the present date in 11th grade.
· For High school/secondary school students
A High School graduation diploma and photocopies of the 9th, 10th and 11th grade results.
· For Students enrolled in higher education institutions:
Photocopies of the academic results for all completed academic periods and photocopies of the academic results for the 9th, 10th and 11th grades.
· In all cases
o A photocopy of valid ICFES state test results.
o A photocopy of the enrolment order and Payment receipt. If you do not have these documents please attach the admission record issued by the educational institution.
o For men who are legally adults, a photocopy of their Military ID must be also be attached. If they have not received this document they must expressly commit in writing to resolve their situation as quickly as possible and attach a document that certifies the status of their military service.
o A screen grab or certificate showing the Datacrédito credit report of the candidate (www.datacredito.com.co) to verify their credit history.
o A photocopy of the bank deposit made in the name of Fundación Bavaria – Opportunidades Bavaria, current account number 031-53715230 de Bancolombia, that corresponds to 20% of enrolment fee cost This bank deposit can only be made by selected people and have agreed to and accepted the sponsorship contract and proposal.
For applying, click here.
|
