A Loan Program For Higher Education

“We finance education for hungry minds”

Because we believe that cost should not be a barrier to pursuing one’s educational dreams, Aurora has established a merit and need-based higher education loan program for students from low socioeconomic families. We guarantee to cover 100% of the agreed-upon tuition amount of all accepted students for the duration of the course of study to which they commit. It offers:

•  a friendly loan program for High-quality Higher Education
• at zero interest
• a merit and needs-based loan program.
• the student at a Master level over a 5 years’ university education
• Cost coverage of 50% of the total tuition fees
• Loan repayment stretching over 6 years including a one-year grace period.

Through this program the student:

• Has the responsibility to partially cover his tuition fees (the remaining 50%) therefore alleviating his parents’ burden by a half
• Participates in the sustainability of the fund by repaying his loan, allowing more students to benefit from the program
• Is given the chance to materialize his ambition for better education by benefiting from the funds
• Is morally bound towards the community with the responsibility of repayment when complying with the terms of the program.

Participating Universities

• Notre Dame University (Kesrwane Zouk Mosbeh)
• Saint Joseph University (Beirut, Saida, Tripoli, Zahleh),
• Holy Spirit University of Kaslik (Kaslik)
• Antonine University (Baabda, Dekwaneh, Zahleh, Zgharta / Karm Saddeh)

We chose four participating universities to validate our program because they offer affordable tuition fees while maintaining high academic standards. In addition, these universities offer a wide range of academic studies: Medicine, Engineering, Law and Politics, Fine Arts, Business, Science, and Administration and are present in most of Lebanon. This is an easily achievable project for students in economic need. Once all students have repaid their loans, the foundation will have a cash surplus, which will allow it to replicate this project to other beneficiaries and meet the many needs in the community.