RM140,000 of community-funded scholarships available to be awarded

Skolafund, a crowdfunding platform for higher education today announced a total worth of RM142,830 to be awarded as scholarships for underprivileged students. The applications open until 1st August on the Skolafund’s website ‘bigscholarship.skolafund.com’. This scholarship is the result from the fundraising campaign ran by Skolafund on 17 May to 16 June 2018 and was fully funded by 4185 individuals respectively. It is the biggest amount any campaign has raised on Skolafund.

Despite the campaign did not reach the initial target of RM1 million, it is still a significant. It is the biggest amount a campaign has raised on Skolafund.com so far. This could not be done without the help of influential figures who have played a major role in spreading awareness about the campaign on their social media. This includes celebrities like Imran Ajmain, Dato’ Fazley Yaakob, Neelofa and Yuna, big political figures like Nurul Izzah and Syed Saddiq, and many social media influencers.

100% of the fundraised will be disbursed a scholarships to students from less-privileged families. Each student is eligible to receive up to RM5,000 which is meant to aid selected students for up to two semesters. Based on the amount raised in the Big Community Scholarship Fundraiser (RM142,830), there will be a total of 28 recipients for this community-funded scholarship fund.

Who will benefit from this Big Community Scholarship?

Students from households with an income below the national median (

Sponsors (donors) to this campaign have the option of being a part of the selection process later. For every RM10 pledged, a sponsor will get a voting point to vote for his/her preferred applicant.

 

About Skolafund

Skolafund aims to make education accessible to everyone. We believe that with the power of public support, education does not need to be a privilege. Founded in 2015, Skolafund has been featured in Astro Awani, Forbes, The Edge and endorsed in The Ministry of Higher Education web portal.

Transparency is our main principle. Every campaigns’ transaction can be checked by the sponsors together with the receipts.

Website: skolafund.com | Email: admin@skolafund.com