(CMR) Caymanian students enrolled at Northern Caribbean University will be eligible to apply for a new scholarship fund from the university’s alumni federation, aimed at alleviating the impact of COVID-19 on students.
The scholarship fund will be launched on Sunday (May 24) at an event aimed at raising between US$1 to $2 million.
The scholarship fund, which is hoped will enable the university to resume operations following Jamaica’s reopening was initiated by the Alumni Federation on the basis of a student survey. The survey showed that some 60 to 85% of NCU students are uncertain about their educational future because of the economic impact of COVID-19 on them and their families.
“Many NCU students earn their tuition for upcoming academic years from summer jobs in Jamaica, the US, Canada, and the Cayman Islands,” said federation president Harry Clayton during a radio interview on Thursday
“In addition, because of Covid-19 and all the necessary lockdowns in Jamaica and elsewhere, many families are in economic crisis and are unable to support continuity of their adult children’s education,” added Clayton.
The private university, owned by the Seventh Day Adventist Church in the Cayman Islands, Jamaica, the Turks and Caicos, and the Bahamas, recently announced a ten percent cut in faculty salaries.