The Costa Rica News (TCRN) – The National Scholarship Fund (FONABE) aims to provide 11,000 more scholarships for 2015.

In 2014, the organization awarded scholarships to 179,000 low-income students across the country. Next year, they intend to give out 190,000 scholarships.

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The budget allocated to FONABE socio-economic aid next year will be around ¢52 billion.

This figure is the same as was budgeted for 2014; however, this year they offered fewer scholarships due to the cancellation of 6,000 scholarships that had been granted illegally.

The Fund provides monthly financial assistance ranging from ¢17,000 to ¢80,000, according to the program that the grant holder belongs to. (Amelia Rueda)

The Costa Rica News (TCRN)

San Jose, Costa Rica

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