The Bestway Foundation has united with Oxford University to create a scholarship programme which will initially sponsor two students from Pakistan. The group is establishing a new £1.8 million endowment fund alongside Oxford University to sponsor two students each year. The scholarship will be available to students wanting to study science, technology, maths and engineering-related disciplines.
Of the £1.8 million total, the Bestway Foundation has contributed £1.1 million in order to fund all of the graduates’ expenses – including tuition and accommodation fees.
Opening doors for Pakistan’s future leaders
Zameer Choudrey, Chief Executive of the Bestway Group and Trustee of Bestway Foundation, explained that the two Pakistanis would be selected by Oxford University on merit, with no interference from any external parties. Many current and former leaders of Pakistan studied at the Oxford University. He said that this is a gesture of Bestway towards ensuring that Pakistan’s future leaders have the opportunity to study at a top UK educational institution, which has produced many leaders of the world.
According to Bestway, the group contributes approximately 2.5% of its annual profit to the charitable causes. He said that the group, which has also set up Bestway Cement and United Bank, has so far donated over US$10.5 million towards charitable causes.
Choudrey commented: “The Bestway Foundation has a history of supporting educational scholarships both in the UK and Pakistan. In Pakistan, our donations have now exceeded US$3.5 million and our latest endowment to Oxford University follows on from our five year agreement with the University of of Bradford to fund five annual scholarships to support postgraduate students applying from Pakistan.”
Edited from various sources by Katherine Guenioui
Read the article online at: https://www.worldcement.com/asia-pacific-rim/26062015/bestway-will-sponsor-two-oxford-university-students-every-year-74/