On Tuesday, voters in the United States will go to the polls as they do every November—and as nearly any literate adult knows, the U.S. presidency is up for grabs in 2020. Four years ago, Zomia conducted a pre-election poll and organized discussions with students. This year, we decided to follow more closely and have some fun as results come in.
Zomia and the Pre-Collegiate Program of Yangon (PCP) are excited to announce the signing of a Memorandum of Understanding to jointly finance undergraduate education for PCP graduates.
Having completed all PCP program requirements, eligible students will enter four-year undergraduate programs at accredited universities outside of Myanmar. Tuition and expenses incurred during the first year of study will be covered by scholarship providers and/or the students and families themselves.
Provided they succeed academically during the initial year, these students will be granted Zomia loan funding not to exceed a total of US $10,000 to cover expenses during subsequent years of study. This ensures that total debt remains at levels that can be repaid on typical salaries earned in Southeast Asia.
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Among our biggest challenges at Zomia is predicting student support.
We’re excited to announce that Zomia has received 501(c)(3) fiscal sponsorship through Partners Asia.
We started Zomia to make the financial system work better for students. One way to achieve this is to enable anyone to fund students who need support. We value these supporters and hope to provide them with a place where they can see the difference that they’re making.
In this NextBillion post, we write about peer-to-peer lending for higher education in Myanmar and Cambodia.
Today we are happy to share that we have closed a partnership with the Vanderes Foundation.
We created the “Student Services Coordinator” role for one simple reason: we wanted a team member dedicated to the success of our students and alumni.
We’re excited to announce the release of Student Reports, an automated update Zomia lenders will receive about their students’ progress in school.
** This position has been filled. Thanks to everyone who applied! **