Higher education is a powerful tool that can help unlock leadership potential. However, it remains financially inaccessible to many individuals around the world, most notably for women from underserved backgrounds.
Wedu aims to help address this gap in access by providing access to innovative financing options for high potential women across Asia . With scholarship grants and Future Income Sharing Agreements (FISAs), Rising Stars receive guidance and planning support to choose the type of financing option that best suits their future goals.
Wedu provides scholarships of up to USD 3,000 a year per Rising Star, who are pursuing or applying for a university education in the continent. All candidates for the Wedu scholarship must take part in the Wedu Mentorship Program for at least 6 months before being eligible to apply for financial support. This is because Wedu believes that financial support has the most impact toward a young woman’s education when it is complemented with effective leadership development tools and resources.
Wedu is pioneering Future Income Sharing Agreements (FISAs), an innovative financing option for university education in Asia. FISAs are financial instruments that are more flexible and affordable than loans. Rising Stars who have been granted FISAs will receive funding for their university education, agree to contribute a small percentage of their future income for a fixed amount of time to pay it forward to the next generation of Rising Stars who need funding support. For the Rising Star, this means a university education will be much more affordable and impactful than it ever was.