$20 Million to Finance University Studies

The Central American Bank for Economic Integration (CABEI) has signed an agreement with Nicaragua's Thomas More University as part of a program to fund higher education.

Wednesday, August 4, 2010

"These funds come from the 'Finance for the Majority' program that seeks to encourage intermediary financial institutions to provide study loans," reports Latribuna.hn.

The program aims to cover 100% of the cost of masters and postgraduate studies and is open to all Central American universities. Institutions wishing to participate must first go through CABEI's selection process.

More on this topic

Universities Dissociated From Real Production

July 2013

The Chamber of Commerce and Industry in El Salvador has pointed out the need to adapt training courses to the needs of the business sector.

According a report entitled "Second Diagnosis University-Business Links" carried out by the Chamber of Commerce and Industry in El Salvador (CCIES by its initials in Spanish) "universities can collaborate with companies by conducting practical research, internships, work experience and student social services, while enterprises can contribute to improve the supply of university by getting involved in the creation and updating of curricula", reported Elsalvador.com.

Links Between Universities and Companies

April 2013

While in the rest of the world the standard is close connections between the private sector and academia, the region is still holding on to old ideological myths, which negatively affect development.

On inaugurating in El Salvador the II National Congress of Higher Education entitled "Linking Higher Education to the Workplace", the Minister of Education, Franzi Hato Hasbun, noted the need to "carry out a process of connection between company and university , encouraging three fundamental aspects: research, innovation and overcoming social projections. "

Costa Rica: Interamericana Merges with U Latina

March 2010

The owner of both universities, Laureate Costa Rica, is awaiting approval from the authorities to merge both into a single education center.

A press release from the institution reported that the new center, if approved, would become the country largest private university, with over 30.000 students.

$10 million for higher education in Guatemala

December 2008

Taiwan signed an agreement with the BCIE for $10 million in order to support (via a loan) the formation of university students in Central America.

With these funds the BCIE will facilitate student (from CA) access to technical formation and higher education, especially for those from areas with limited economic resources.

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