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The Scholarship Fund Frequently ASKED questions 

  1. Why not fund more Scholarships from the budget and include the cost in the tuition fee?
  2. How much of our tuition fees already pays for Scholarships? 
  3. How much would every family need to give to fund one Scholarship this year?
  4. How do other schools fund their scholarship programmes?
  5. Why is a scholarship programme important for UNIS Hanoi? Why expand the programme beyond six Scholarships?
  6. How can we guarantee that the UNIS Hanoi scholars will make a difference in Vietnam in the future?
  7. Who are the Scholarship students and how are they chosen/selected?
  8. Will UNIS Hanoi be asking companies and foundations to fund Scholarships?
  9. What happens to the Scholars when they graduate from UNIS Hanoi?
  10. Will this Scholarship fundraising campaign impact negatively on the charitable fundraising that the students do?
  11. How have you calculated that the Fund needs to be 2M USD? How will the funds be invested for the Scholarships to be guaranteed forever?
  12. How much would it cost to fund one Scholarship forever if I made a gift today?
  13. Why is the Scholarship programme only geared towards Vietnamese students?
  14. Have you considered giving partial Scholarships rather than full Scholarships?

If your question is not listed, please also check our more general Frequently Asked Questions about institutional fundraising or contact our Director of Advancement, Emma Silva: doa@unishanoi.org 


1. Why not fund more Scholarships from the budget and include the cost in the tuition fee?

The Board has made a commitment to increase tuition only as inflation and its core business requires. The Scholarship Programme is certainly central to our Vision and our ambitions for education, but is not considered essential to the delivery of our programmes. We are confident that the community shares the School’s Vision and will be inspired to support the expansion of this programme through direct giving.

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2. How much of our tuition fees already pays for Scholarships?

The current Scholarship Programme represents less than 1% (0.6%) of the school’s annual expenditure.
The portion of each UNIS Hanoi student tuition that pays for the current programme of 6 scholars in 14-15 = 138 USD.
The Cost per UNIS Hanoi student tuition if we were to expand the programme to 9 scholars = 207 USD (a difference to the current tuition of 69 USD per student).

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3. How much would every family need to give to fund one Scholarship this year?

To reach our 2014-2015 goal of 75,000 USD to fund a Scholar to start next year in Grade 10 and be funded through to graduation, every family would need to contribute 105 USD.
If every family gave 3,500 USD over the five year campaign, we would reach our total of 2.5 Million USD to fund three new scholarships in perpetuity.

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4. How do other schools fund their scholarship programmes?

There are a multitude of models, usually combining budget commitment from the school and fundraising with the community. Many international schools around the world with mature programmes commit as much as 3% of tuition fees to the funding of Scholarships.
At UNIS that would be an additional cost per student tuition of 634 USD in 14-15.
This would in turn provide funding for 27 Scholarships based on the 14-15 budget model and assumptions (ie. 25,000 USD for one Scholarship Year)

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5. Why is a scholarship programme important for UNIS Hanoi? Why expand the programme beyond six Scholarships?

We are proud of our scholars; the inspirational impact that they have within our student body and the hope for change and capacity building that they represent for Vietnam.
The programme’s impact is too young to be measured by any meaningful metrics, we can only share the words of others. The Ministry of Education and Training has recognized the value of the UNIS Hanoi Scholarship Programme for the “investment in the future of our country that the programme represents.” (UN Day, 2014). We are confident that the Scholarship Programme is a powerful way in which “our learning community will be an inspirational role model for a better world.”
And our teachers see daily the enrichment the scholars bring to our own students. HS Math Teacher Neil Fairbairn shares, “There is a never a conversation about Maths in High School that Nam’s name is not mentioned. And not only because he is a gifted student, but because he is a generous and gifted teacher who takes time to help his peers.”
Expanding the Scholarship Programme will improve the diversity of our student body, provide increased opportunities for our existing students for enrichment and continue to honour our founding principle and hopes for the development of Vietnam.

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6. How can we guarantee that the UNIS scholars will make a difference in Vietnam in the future?

There are no guarantees. The Ministry of Education and Training has recognized the value of the UNIS Hanoi Scholarship Programme for the “investment in the future of our country that the programme represents” and we are confident that our Scholars will contribute positively to the future of their country but this will be something that can only be observed with a long term view. However, pride in our scholars as they develop in an international setting and the positive reflection on Vietnam that they bring, has already been voiced by members of the Vietnamese community who have been involved.

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7. Who are the Scholarship students and how are they chosen/selected?

Our Scholarship Students are all talented local Hanoi students from low income families who apply to the Programme. We currently have one Scholar in Grade 12, one in Grade 11, two in Grade 10, one in Grade 9 and one in Grade 8. There are two boys and four girls in the current cohort group.
They were all selected through the completion of an extensive process including the application form, written and online non-verbal aptitude testing, school report and reference checks and interviews with a panel. The process is coordinated by the Scholarship Officer in the Advancement Offive. It starts in October and closes 6 months later and also included rigorous background checks, official and ‘surprise’ home visits and meetings with the family. A Scholarship Selection Advisory Committee which consists of teachers, counsellors and administrators advises the Head of School.

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8. Will UNIS Hanoi be asking companies and foundations to fund Scholarships?

UNIS Hanoi will be seeking gifts and support from all its community members and partners including corporate partners and foundations. We welcome introductions to companies and foundations interested in investing in our Scholarship Programme and we will be actively seeking connections through our community.

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9. What happens to the Scholars when they graduate from UNIS Hanoi?

Our first Scholar will graduate from UNIS Hanoi in June 2015. Our college guidance counsellor works with our Scholarship Students to help find the best solution for them for onward study. The IB Diploma is not currently recognized as an entry qualification for Vietnamese Universities, however most of our scholars have ambitions to study abroad and seek further scholarships to support them. Interest in our Scholars has been high from the scores of visiting Universities from Australia, US and Europe and there are also international universities based in Hanoi who are also interested in attracting our scholars.
All families are informed very clearly of this uncertainty surrounding University acceptance In Vietnam and availability of onward scholarships when the UNIS Hanoi Scholarship is awarded, and in all cases the families believe the benefits to their children in attending UNIS Hanoi until graduation outweigh concerns about their future studies.

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10. Will this Scholarship fundraising campaign impact negatively on the charitable fundraising that the students do?

There is no evidence from any schools with mature institutional fundraising programmes that student campaigns suffer when major School campaigns are undertaken. Often the reverse is true, as philanthropic expectations are raised in a community, and fundraising skills are developed and shared, all fundraising initiatives benefit including those by students and parent groups.

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11. How have you calculated that the  FOUNDERS Fund needs to be 2M USD? How will the funds be invested for the Scholarships to be guaranteed forever?

Our calculations have been based on historical data about interest rates in Vietnam (15 years data source World Bank) and actual tuition increases (17 years). 
We are assuming an average 5% interest to be generated

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12. How much would it cost to fund one Scholarship forever if I made a gift today?

A gift equivalent to 533,000 USD today would provide one full scholarship in perpetuity (October 2014), invested onshore in VND with an average 5% interest rate.

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13. Why is the Scholarship programme only geared towards Vietnamese students?

In our founding memorandum of understanding UNIS Hanoi was established to assist in the development of Vietnam. In honour of our founding principles, the first recipients of UNIS Hanoi scholarship are talented local students who would most benefit from accessing an international education. The Board may choose to extend the Scholarships in the future, but the current programme eligibility criteria restrict the programme to Vietnamese students, resident within one hour’s travel from the School campus.

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14. Have you considered giving partial Scholarships rather than full Scholarships?

Given the current eligibility criteria approved by the Board in 2011, a partial scholarship would be impractical as the family income band would not be able to afford UNIS Hanoi without full scholarship tuition waiver. The Board may choose to reconsider the structure of the programme in the future.

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United Nations International School of Hanoi
    

©2013 United Nations International School of Hanoi
G9 Ciputra | Lac Long Quan Road, Tay Ho District
Hanoi, Vietnam | Ph (84 4) 3758 1551 | info@unishanoi.org

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