วันเสาร์ที่ 16 มีนาคม พ.ศ. 2556

One-District-One-Scholarship Program and Entrepreneurship Fund

(22/01/2013)

A total of 1,856 scholarships will be offered to students to study in the country and abroad under the “One-District-One-Scholarship” program.

The Cabinet, during its mobile meeting in Uttaradit province in the Lower North on 21 January 2013, approved the number of scholarships, proposed by the Ministry of Education.

Before the Cabinet meeting, Prime Minister Yingluck Shinawatra visited Uttaradit Rajabhat University to preside over the launching of the “Entrepreneurship Fund,” aimed at promoting young entrepreneurs.

According to the Ministry of Education, out of the 1,856 scholarships, 928 will be offered to students whose parents earn less than 200,000 baht a year. They will continue their studies for their bachelor’s degree in both Thailand and abroad. The remainder will be offered to students wishing to continue to study for the bachelor’s degree both here and abroad, with an emphasis on the field of science, where Thailand faces a shortage of able personnel. The objective is to prepare Thailand for the ASEAN Community in 2015.

Students wishing to obtain a scholarship under the One-District-One-Scholarship program are required to pass both written examinations and interviews.The project will be carried out from 2013 to 2020. About 14.49 billion baht will be spent on the program in the next eight years. In 2013, the Government will spend 395 million baht, and from 2014 to 2020, another 14.1 billion baht will be spent on the program.

Apart from Thailand, the countries in which the students will be able to study include Argentina, Austria, Belgium, Brazil, Canada, Chile, China, Denmark, Egypt, Finland, France, Germany, Hong Kong (China), Hungary, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, the Philippines, Portugal, the Republic of Korea, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, and the United Arab Emirates.

The One-District-One-Scholarship program began in 2004. It aims to enable students from poor families in all districts nationwide to pursue their studies at university level, either in Thailand or abroad.

As for the Entrepreneurship Fund, it serves like a venture capital fund for students and those who have graduated within the past five years. These young entrepreneurs have investment or business plans but lack capital. The Entrepreneurship Fund will offer a loan of not more than three million baht for each student or graduate to operate his or her business.

It was launched on 12 December 2012, with cooperation from Krung Thai Bank, the Government Savings Bank, the Islamic Bank of Thailand, the Bank for Agriculture and Agricultural Cooperatives, the Small and Medium Enterprise Development Bank of Thailand, and the Thai Credit Guarantee Corporation.

Three educational institutions joining the pilot project include Suranaree University of Technology in Nakhon Ratchasima province, Uttaradit Rajabhat University in Uttaradit, and King Mongkut’s University of Technology Thonburi in Bangkok.

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