Perpetual Education Fund
In 2002, the Church of Jesus Christ of Latter-day Saints launched the Perpetual Education Fund or Perpetual Education Fund, a program aimed at helping young people to conduct studies and to complete a professional project. The Perpetual Education Fund, along with centers of employment assistance and institutes of religion of the Church in over twenty countries, helps former missionaries and other young members of the Church to a revecoir vocational and technical education and pursue higher education. The canditate a loan from the Perpetual Education Fund register first at the institute and internships Job Search. Internships help both members and non-church members to identify their talents and skills and to discover new opportunities for education and employment. After completing training or education, recipients of the Perpetual Education Fund repay their loan with affordable monthly payments.
Summary |
History
In 2001, Gordon B. Hinckley , president of the Church, announced the establishment of this fund, after finding that many young men and young women return to their country after their full-time mission , were unable to find adequately paid employment , after failing to find financing necessary to begin a course of education or vocational training.
Inspired by the Perpetual Immigration Fund
This program draws, for its operation and its spirit, the Perpetual Immigration Fund, system low interest loan that allowed the converts to go to Utah in the mid-nineteenth century. Many Mormon pioneers , from the British Isles and the rest of Europe have thus obtained a loan they repay once they were established and prosperous. An estimated 30,000 the number of people who took advantage of this loan scheme. When it turned out that the needs were filled, the program was interrupted.
Statistics
By 2002, 5,000 young people have benefited from this loan and their number rose to 18,000 in 2005. In early 2007, it involved 25,000 young people. Affecting primarily the countries of South America (hence comes from a large number of missionaries), the fund now covers 27 countries.
Operation
The presidents of the pile (authority over the bishop ) and the bishops initially determine what people most need of assistance; it is sent not to the young people themselves but to the training center which they depend. Students are trained on site in their country of origin and their progress is assessed by local directors of the Institute.
Upstream, the General Authorities overseeing the program that uses existing structures of the church: the leaders of the priesthood, the Department of Education of the Church and support services to employment. As stated by Gordon B. Hinckley , president of the Church, "this program does not cost anything" administratively.
For the Fund, it is the church members themselves that feed through their donations. Their generosity enables the poor to access to self-dignity, out of the vicious cycle of poverty and to consider establishing a home and help their parents.
According to Church leaders, divine inspiration, faith, hope and spirit of sharing and have continued to ensure the proper functioning of the program.
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