Cash-strapped students can enroll via AIM’s loan program

Asian Institute of Management president and dean Jikyeong Kang (2nd from left) says students who do not have the financial means to enrol at AIM can avail of the school's loan program. (Photo by Ma. Teresa Montemayor)

MANILA -- Deserving students who do not have the financial resources to attend an international higher education institution can now enroll in selected programs at the Asian Institute of Management (AIM) through a student loan program.

In a press briefing in Makati City, AIM president and dean Jikyeong Kang said the Aboitiz Student Loan Program is part of the USD10-million donation from the Aboitiz Group via its corporate Aboitiz Foundation Inc.

"This is a second component of the donation that we are excited about, what the program will allow are the students who have the qualifications and the ability to enroll in Master of Science in Data Science but do not have the financial means," she said.

Stressing that the loan program is zero interest, Kang said it will help AIM continue and sustain its mission of providing "this region in Asia with future-ready leaders who can create value for their organizations and communities within which they operate".

Kang said the donation will also fund the establishment of two endowed professorial chairs, the Aboitiz Chair in Data Science, which will be led by Professors Christopher Monterola and Erika Legara.

With Aboitiz Chair, Kang said the company could provide intellectual support and initiatives to AIM. It will also allow the company to send or recommend their employees for AIM scholarships.

"The donation will also be used to fund the future facilities improvement of the institution's newly-named Aboitiz School of Innovation, Technology, and Entrepreneurship. This gift cements the beginning of a long-term partnership to develop innovation-oriented and technology-oriented managers, leaders and entrepreneurs who will take the lead in transforming business and society," she said.

Meanwhile, Aboitiz Foundation chairman Erramon Aboitiz lauded AIM for its immense contribution to the growth of businesses and societies not only in the Philippines but also in Asia for the past 50 years.

"Similarly, sustainability is at the core of our growth story anchored on our philosophy that we can do well by doing good, always making the right long-term decisions that balance the interests of people, planet and profit," he added.

Established in 1998, the Aboitiz Foundation helps people through education, enterprise development, environment, health and well-being, as well as disaster preparedness and response.

"Aboitiz is a Filipino company that is doing very, very well with good philosophies and this opening the doors to many more opportunities as to how we can collaborate with each other and make more contribution, and perhaps, make everything faster for the nation-building," she said.

Source: Philippines News Agency