College Scholarship Program of Banesco
Banesco Banco Universal has different important policies regarding corporate social responsibility; its social objectives go from promoting education and health to being base of financial inclusion of Venezuelans. This time, the institution presented its College Scholarship Program, which serve low-income young people with high academic performance. The first 115 graduates beneficiaries are studying at the Catholic University Andres Bello, and their scholarships will be awarded in honor of the father Gustavo Sucre, S.J., founder of this university.
The ceremony was led by Father Francisco José Virtuoso SJ, rector of the UCAB; Juan Carlos Escotet Rodriguez, president of Banesco International; Xavier Luján, president of the Board of Directors of Banesco Insurance; and Miguel Angel Marcano, Chief executive of Banesco. Also, a group of young people who will be benefited from the College Scholarship Program of Banesco participated in the ceremony, in addition to members of the Board of Directors of Banesco.
For the academic year 2015/2016, Banesco will benefit with the program 115 UCAB students, with coverages between 80% and 100% of their tuition, according to their socioeconomic conditions. Deborah Cordero, director of the Andrés Bello Foundation, said that 20% of the current student population in the UCAB is within one of the programs of financial support.
In his words during the ceremony, Juan Carlos Escotet Rodriguez highlighted the value of study and effort despite the weakening of enthusiasm and uncertainty in our present days. It is important to notice that there are also people who work overcoming all kinds of obstacles; parents, often single mothers, single parents also, do not faint every morning and make efforts to go forward with their children and family.
“There are people like you everywhere”, said Escotet, and those people, according to Juan Carlos Escotet, take their academic responsibilities, because they have chosen a way of life that is the result of efforts and merits.