CABEI promotes educational loans for young Costa Ricans

18/07/2012

Costa Rican students have access to an extensive student loan program whose objective is to improve the quality of life of Central Americans.

As part of its "Financing for the Majority" initiative, the Central American Bank for Economic Integration (CABEI) signed a student loan agreement with the Central American Institute of Business Administration (INCAE) at its Walter Kissling Gam Campus. The objective of the agreement is to facilitate Central American students' access to financing for higher education.

INCAE's Master's degree programs will now be accessible to a greater number of Costa Rican young people as a result of this effort to improve the education of the region's citizens in order to increase the competitiveness of the Central American nations.

CABEI's Educational Credit Program is open to all Central American universities, which must apply to the Bank to be approved as eligible to access the resources. The Program was created to promote increased educational levels of the Central American countries and is financed with the Bank's own funds.

During the event, CABEI's Director for Costa Rica, Dr. Jorge Walter Bolaños, said that this strategic alliance is part of the Bank's efforts to promote high impact initiatives in the region to contribute to the development of the Central American people. He emphasized that with this agreement CABEI is strengthening its efforts to promote educational financing on the Isthmus.

CABEI invites young students and professionals to visit the universities already affiliated with the Educational Credit Program, including the Escuela de Agricultura de la Región Tropical Húmeda (EARTH) and the Centro Agronómico Tropical de Investigación y Enseñanza (CATIE) to learn about their educational programs and minimum entrance requirements.

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